Civic Intelligence

Literacy Texas

990 • Fiscal year 2019 • EIN 74-2538221

Jan 01, 2019 to Dec 31, 2019 • Filed on May 11, 2020

406 East 11th StreetAustin, TX 78701

(888) 577-9347

Siviq Scores

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

Liabilities / Assets

74th percentile

0.05x

Higher debt load relative to assets than 74% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

70th percentile

0.02x

Higher debt load relative to revenue than 70% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

32nd percentile

-3.7%

Higher net margin than 32% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

97th percentile

$86,667

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 25.5% of source-year revenue.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

34th percentile

-6.0%

Faster asset growth than 34% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

19th percentile

-27%

Faster revenue growth than 19% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$119,897

Down $7,690 (-6.0%) from 2018

Net Assets

Down

$113,615

Down $8,955 (-7.3%) from 2018

Liabilities

Up

$6,282

Up $1,265 (+25%) from 2018

Revenue

Down

$339,866

Down $126,374 (-27%) from 2018

Expenses

Down

$352,321

Down $78,695 (-18%) from 2018

Net Income

Down

-$12,455

Down $47,679 (-135%) from 2018

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2011: $121,004Liabilities 2011: $1,1332011Assets 2012: $94,747Liabilities 2012: $02012Assets 2013: $46,900Liabilities 2013: $1,090Net Assets 2013: $45,8102013Assets 2014: $72,108Liabilities 2014: $0Net Assets 2014: $72,1082014Assets 2015: $66,169Liabilities 2015: $4,852Net Assets 2015: $61,3172015Assets 2016: $110,336Liabilities 2016: $8,915Net Assets 2016: $101,4212016Assets 2017: $91,840Liabilities 2017: $4,494Net Assets 2017: $87,3462017Assets 2018: $127,587Liabilities 2018: $5,017Net Assets 2018: $122,5702018Assets 2019: $119,897Liabilities 2019: $6,282Net Assets 2019: $113,6152019Assets 2020: $151,090Liabilities 2020: $2,748Net Assets 2020: $148,3422020Assets 2021: $158,493Liabilities 2021: $1,637Net Assets 2021: $156,8562021Assets 2022: $139,246Liabilities 2022: $1,686Net Assets 2022: $137,5602022Assets 2023: $113,592Liabilities 2023: $10,495Net Assets 2023: $103,0972023Assets 2024: $304,774Liabilities 2024: $9,117Net Assets 2024: $295,6572024Assets 2025: $274,214Liabilities 2025: $94,771Net Assets 2025: $179,4432025

Highlighted filing

2019

Assets$119,897
Liabilities$6,282
Net Assets$113,615

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2011: $180,205Expenses 2011: $156,062Net Income 2011: $24,1432011Revenue 2012: $83,408Expenses 2012: $109,122Net Income 2012: -$25,7142012Revenue 2013: $91,892Expenses 2013: $127,090Net Income 2013: -$35,1982013Revenue 2014: $130,321Expenses 2014: $104,023Net Income 2014: $26,2982014Revenue 2015: $217,119Expenses 2015: $227,910Net Income 2015: -$10,7912015Revenue 2016: $402,186Expenses 2016: $362,083Net Income 2016: $40,1032016Revenue 2017: $420,339Expenses 2017: $434,414Net Income 2017: -$14,0752017Revenue 2018: $466,240Expenses 2018: $431,016Net Income 2018: $35,2242018Revenue 2019: $339,866Expenses 2019: $352,321Net Income 2019: -$12,4552019Revenue 2020: $373,622Expenses 2020: $338,895Net Income 2020: $34,7272020Revenue 2021: $388,426Expenses 2021: $374,612Net Income 2021: $13,8142021Revenue 2022: $406,051Expenses 2022: $423,373Net Income 2022: -$17,3222022Revenue 2023: $418,430Expenses 2023: $460,167Net Income 2023: -$41,7372023Revenue 2024: $719,798Expenses 2024: $527,238Net Income 2024: $192,5602024Revenue 2025: $363,026Expenses 2025: $479,240Net Income 2025: -$116,2142025

Highlighted filing

2019

Revenue$339,866
Expenses$352,321
Net Income-$12,455
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
May 11, 2020
Return Version
2019v5.1
Gross Receipts
$339,866
Mission and Program Overview

Mission

Literacy Texas is the statewide literacy coalition, connecting and equipping adult and family literacy providers through training, networking, and advocacy.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$114,454$104,234▼ $10,220
Pledges and Grants Receivable$12,913$15,562▲ $2,649
Accounts Receivable$220$101▼ $119
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$127,587$119,897▼ $7,690
Liabilities
Accounts Payable and Accrued Expenses$1,517$6,282▲ $4,765
Deferred Revenue$3,500--
Total Liabilities$5,017$6,282▲ $1,265
Net Assets / Fund Balance
Total Net Assets Fund Balance$122,570$113,615▼ $8,955
Total Liabilities and Net Assets / Fund Balance$127,587$119,897▼ $7,690

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$0--
Other Land Buildings$0--
Land$0--
Equipment$0--
Leasehold Improvements$0--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019----$0
2018----$0
2017----$0
2016----$0
2015----$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Christopher AllumbaughExecutive Director (Jan.-Nov.)FT$86,667$86,667
Steve BandaInterim Executive Director (Dec.)FT$6,000$6,000

Board Members and Trustees

NameTitle
Teri WalkerPresident
Dr Ida Acuna GarzaDirector
Jamie WilliamsDirector
Joshua HayesDirector
Melanie FiskDirector
Katrin SchatzSecretary
Mike MeyersTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$292,739
Program Service Revenue
$47,075
Investment Income
$52
Other Revenue
$0
All Other Contributions
$16,513
Change in Net Assets
$-12,455

Audited Revenue Reconciliation

Revenue per Audited Statements
$339,866
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$339,866
Total Revenue per Form 990
$339,866
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$206,116
Salaries, Compensation, and Employee Benefits$146,205
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$74,134$18,533-$92,667
Other Expenses$40,738$4,526-$45,264
Other Salaries and Wages$34,441$8,610-$43,051
Occupancy$14,914$1,657-$16,571
Fees for Services Accounting$11,721$1,302-$13,023
Payroll Taxes$8,306$2,076-$10,382
Office Expenses$7,920$881-$8,801
Travel$6,072--$6,072
Information Technology$3,036$337-$3,373
Insurance$1,536$171-$1,707
Conferences and Meetings$380--$380
Other Employee Benefits$83$22-$105
Total Functional Expenses$314,206$38,115$0$352,321

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$352,321
Total Expenses per Audited Statements$352,321
Total Expenses per Form 990$352,321
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Literacy Texas
EIN
74-2538221
Phone
8885779347
Address
406 East 11th Street, Austin, TX 78701

Signing Officer

Name
Steve Banta
Title
Executive Director
Signed
2020-05-11

Organization Details

Formed
1989
Voting Board Members
7
Independent Board Members
7
Employees
4
Volunteers
162

Preparer

Firm
Montemayor Britton Bender Pc
Address
2525 Wallingwood Dr Bldg 1 Ste 200, Austin, TX 78746
Preparer
Arturo Montemayor III
Phone
5124420380
Supplemental Narrative

Additional Explanations

Part III, 4D

$181,762 of program services was related to general expenses

Pt VI, Line 11B

The 990 is reviewed and approved by the Literacy Texas Board of Directors Executive Committee, consisting of the President, Treasurer and Secretary, as well as distributed to the entire Board of Directors in advance of filing for review and comment.

Pt VI, Line 15A

The Literacy Texas Board considers compensation of comparable organizations and a compensation guide to recommend the Chief Executive Officer's compensation to the Executive Board, who then makes the final decision.

Pt VI, Line 18

Literacy Texas makes its Form 990 available for public inspection upon written request and by posting it on Guidestar.

Pt VI, Line 19

Literacy Texas makes its governing documents, conflict of interest policy, and financial statements available to the public upon written request.

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IRS990ScheduleA/DistributionAllocationsGrp/CYTotalAnnualDistributionsAmt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionAmt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovAmt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovYr1Amt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovYr2Amt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovYr3Amt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovYr4Amt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovYr5Amt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistriCyovToNextYrAmt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear1Amt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear2Amt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear3Amt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear4Amt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear5Amt00
IRS990ScheduleA/DistributionAllocationsGrp/RemainingUnderdistriCYAmt00
IRS990ScheduleA/DistributionAllocationsGrp/RemainingUnderdistriPYAmt00
IRS990ScheduleA/DistributionAllocationsGrp/TotalExcessDistributionCyovAmt00
IRS990ScheduleA/DistributionAllocationsGrp/UnderdistributionsAmt00
IRS990ScheduleA/DistributionsGrp/CYAdministrativeExpensePaidAmt00
IRS990ScheduleA/DistributionsGrp/CYDistriAttentiveSuprtOrgAmt00
IRS990ScheduleA/DistributionsGrp/CYDistributableAsAdjustedAmt00
IRS990ScheduleA/DistributionsGrp/CYDistributionYrRt00
IRS990ScheduleA/DistributionsGrp/CYOtherDistributionsAmt00
IRS990ScheduleA/DistributionsGrp/CYPaidAccomplishExemptPrpsAmt00
IRS990ScheduleA/DistributionsGrp/CYPdInExcessIncomeActivityAmt00
IRS990ScheduleA/DistributionsGrp/CYTotalAnnualDistributionsAmt00
IRS990ScheduleA/DistributionsGrp/ExemptUseAssetsAcquisPaidAmt00
IRS990ScheduleA/DistributionsGrp/QualifiedSetAsideAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0292739
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0408402
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0339565
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0280502
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt090757
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01411965
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt052
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt052
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0307371
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99660
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt01407205
IRS990ScheduleA/SubstantialContributorsTotAmt04760
IRS990ScheduleA/SupportSumAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0292739
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0408402
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0339565
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0280502
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt090757
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01411965
IRS990ScheduleA/TotalSupportAmt01412017
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt00
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IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt00
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt00
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt00
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IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0352321
IRS990ScheduleD/LandGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0339866
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueOtherAssetsAmt00
IRS990ScheduleD/TotalBookValueProgramRltdAmt00
IRS990ScheduleD/TotalBookValueSecuritiesAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0352321
IRS990ScheduleD/TotalLiabilityAmt00
IRS990ScheduleD/TotalRevenuePerForm990Amt0339866
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0339866
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0352321
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0$181,762 of program services was related to general expenses
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The 990 is reviewed and approved by the Literacy Texas Board of Directors Executive Committee, consisting of the President, Treasurer and Secretary, as well as distributed to the entire Board of Directors in advance of filing for review and comment.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Literacy Texas Board considers compensation of comparable organizations and a compensation guide to recommend the Chief Executive Officer's compensation to the Executive Board, who then makes the final decision.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Literacy Texas makes its Form 990 available for public inspection upon written request and by posting it on Guidestar.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Literacy Texas makes its governing documents, conflict of interest policy, and financial statements available to the public upon written request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part III, 4d
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0127587
IRS990/TotalAssetsEOYAmt0119897
IRS990/TotalAssetsGrp/BOYAmt0127587
IRS990/TotalAssetsGrp/EOYAmt0119897
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0292739
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt038115
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0314206
IRS990/TotalFunctionalExpensesGrp/TotalAmt0352321
IRS990/TotalGrossUBIAmt00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.74$0.95$1.79$3.63$4.79$1.16
2024Detailed filing. Detailed filing data is available for this year.$3.05$0.09$2.96$7.20$5.27$1.93
2023Detailed filing. Detailed filing data is available for this year.$1.14$0.10$1.03$4.18$4.60$0.42
2022Detailed filing. Detailed filing data is available for this year.$1.39$0.02$1.38$4.06$4.23$0.17
2021Detailed filing. Detailed filing data is available for this year.$1.58$0.02$1.57$3.88$3.75$0.14
2020Detailed filing. Detailed filing data is available for this year.$1.51$0.03$1.48$3.74$3.39$0.35
2019Detailed filing. Detailed filing data is available for this year.$1.20$0.06$1.14$3.40$3.52$0.12
2018Detailed filing. Detailed filing data is available for this year.$1.28$0.05$1.23$4.66$4.31$0.35
2017Detailed filing. Detailed filing data is available for this year.$0.92$0.04$0.87$4.20$4.34$0.14
2016Summary only. Only limited summary data is available for this year.$1.10$0.09$1.01$4.02$3.62$0.40
2015Detailed filing. Detailed filing data is available for this year.$0.66$0.05$0.61$2.17$2.28$0.11
2014Detailed filing. Detailed filing data is available for this year.$0.72$0.00$0.72$1.30$1.04$0.26
2013Detailed filing. Detailed filing data is available for this year.$0.47$0.01$0.46$0.92$1.27$0.35
2012Summary only. Only limited summary data is available for this year.$0.95$0.00$0.83$1.09$0.26
2011Summary only. Only limited summary data is available for this year.$1.21$0.01$1.80$1.56$0.24