Civic Intelligence

Fayette Literacy

990EZ • Fiscal year 2018 • EIN 62-1583753

Jul 01, 2017 to Jun 30, 2018 • Filed on Feb 06, 2019

211 W Market StreetSomerville, TN 38068

(901) 813-8126

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2018

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2018

Net Margin

23rd percentile

-10%

Higher net margin than 23% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

81st percentile

$13,065

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 27.4% of source-year revenue.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

14th percentile

-33%

Faster asset growth than 14% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2018

Revenue Growth

65th percentile

12%

Faster revenue growth than 65% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2018

Assets

Down

$14,467

Down $17,684 (-55%) from 2016

Net Assets

Down

$14,467

Down $17,684 (-55%) from 2016

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Up

$47,711

Up $9,476 (+25%) from 2016

Expenses

Up

$52,623

Up $559 (+1.1%) from 2016

Net Income

Up

-$4,912

Up $8,917 (+64%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$60K$40K$20K$0Assets 2010: $36,494Net Assets 2010: $36,4942010Assets 2011: $39,080Liabilities 2011: $02011Assets 2012: $50,472Net Assets 2012: $50,4722012Assets 2013: $59,917Net Assets 2013: $59,9172013Assets 2014: $51,824Net Assets 2014: $51,8242014Assets 2015: $45,980Net Assets 2015: $45,9802015Assets 2016: $32,151Net Assets 2016: $32,1512016Assets 2018: $14,467Net Assets 2018: $14,4672018Assets 2019: $7,931Net Assets 2019: $7,9312019Assets 2020: $12,849Net Assets 2020: $12,8492020Assets 2021: $18,340Net Assets 2021: $18,3402021Assets 2022: $32,891Liabilities 2022: $0Net Assets 2022: $32,8912022Assets 2023: $26,325Net Assets 2023: $26,3252023

Highlighted filing

2018

Assets$14,467
Liabilities-
Net Assets$14,467

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$100K$50K$0-$50KRevenue 2010: $66,320Expenses 2010: $67,732Net Income 2010: -$1,4122010Revenue 2011: $63,802Expenses 2011: $61,216Net Income 2011: $2,5862011Revenue 2012: $78,736Expenses 2012: $67,344Net Income 2012: $11,3922012Revenue 2013: $62,472Expenses 2013: $53,027Net Income 2013: $9,4452013Revenue 2014: $45,412Expenses 2014: $53,507Net Income 2014: -$8,0952014Revenue 2015: $51,108Expenses 2015: $56,952Net Income 2015: -$5,8442015Revenue 2016: $38,235Expenses 2016: $52,064Net Income 2016: -$13,8292016Revenue 2018: $47,711Expenses 2018: $52,623Net Income 2018: -$4,9122018Revenue 2019: $44,693Expenses 2019: $51,229Net Income 2019: -$6,5362019Revenue 2020: $47,964Expenses 2020: $43,045Net Income 2020: $4,9192020Revenue 2021: $40,880Expenses 2021: $35,389Net Income 2021: $5,4912021Revenue 2022: $61,420Expenses 2022: $46,869Net Income 2022: $14,5512022Revenue 2023: $30,860Expenses 2023: $37,426Net Income 2023: -$6,5662023

Highlighted filing

2018

Revenue$47,711
Expenses$52,623
Net Income-$4,912
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Feb 6, 2019
Return Version
2017v2.3
Gross Receipts
$47,711
Mission and Program Overview

Mission

The primary exempt purpose is to raise awareness of illiteracy in fayette county, tn and to administer programs that assist in acquiring basic reading and writing skills and to encourage total family literacy.

Program Services

DescriptionGrantsExpenses
PROVIDING BOOKS TO PRESCHOOL AGE UNDERPRIVILEGED CHILDREN OF FAYETTE COUNTY VIA THE DOLLY PARTON IMAGINATION LIBRARY.-$19,648
PROVIDING TUTORING TO ILLITERATE ADULT RESIDENTS OF FAYETTE COUNTY, TN AND ALSO PROVIDING TRAINING OF VOLUNTEERS AS TUTORS.-$2,193
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
NANCY JOHNSONDirector-$13,065-$13,065
RONNIE MCCARTYPresident-$0--
LINDA LEEVice-Preside-$0--
BETH MCGOWANSecretary-$0--
KORINE DANKOWSKITreasurer-$0--
JAN JAEGERBoard Member-$0--
KECIA M REIDBoard Member-$0--
LAURA EVANSBoard Member-$0--
DEBBIE KANGERBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Fayette Literacy
EIN
62-1583753
Phone
9018138126
Address
211 W MARKET STREET, SOMERVILLE, TN 38068

Signing Officer

Name
Ronnie Mccarty
Title
President
Phone
9014654231
Signed
2019-02-06
Discuss with paid preparer
Yes

Preparer

Firm
Engelken & Engelken
Address
185 N MAIN ST STE 104, COLLIERVILLE, TN 38017-2643
Preparer
Jill L Engelken
Phone
9018538502
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses imagination library book 19,648 graduation expense 219 subscriptions & membershi 184 license & fees 125 insurance - casualty 210 office supplies 147 advertising/publicity 241 postage 269 classroom supplies 141 computer classes & usage 1,582 ged test 10 silent auction 3,114 bank charges 45 telephone 1,605 meals - guests 215 fundraising ornaments 576 rounding 1 non-investment depreciation 77 total 28,409

Form 990-ez, Part II, Line 24

Equipment 7,305 7,305 less accumulated depreciation 7,228 7,305 rounding 0 0 total 77 0

Form 990-ez, Part III

The primary exempt purpose is to raise awareness of illiteracy in fayette county, tn and to administer programs that assist in acquiring basic reading and writing skills and to encourage total family literacy.

Raw XML Appendix148 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES IMAGINATION LIBRARY BOOK 19,648 GRADUATION EXPENSE 219 SUBSCRIPTIONS & MEMBERSHI 184 LICENSE & FEES 125 INSURANCE - CASUALTY 210 OFFICE SUPPLIES 147 ADVERTISING/PUBLICITY 241 POSTAGE 269 CLASSROOM SUPPLIES 141 COMPUTER CLASSES & USAGE 1,582 GED TEST 10 SILENT AUCTION 3,114 BANK CHARGES 45 TELEPHONE 1,605 MEALS - GUESTS 215 FUNDRAISING ORNAMENTS 576 ROUNDING 1 NON-INVESTMENT DEPRECIATION 77 TOTAL 28,409
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EQUIPMENT 7,305 7,305 LESS ACCUMULATED DEPRECIATION 7,228 7,305 ROUNDING 0 0 TOTAL 77 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE PRIMARY EXEMPT PURPOSE IS TO RAISE AWARENESS OF ILLITERACY IN FAYETTE COUNTY, TN AND TO ADMINISTER PROGRAMS THAT ASSIST IN ACQUIRING BASIC READING AND WRITING SKILLS AND TO ENCOURAGE TOTAL FAMILY LITERACY.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
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Filings