Civic Intelligence

Houston Center for Literacy

990 • Fiscal year 2011 • EIN 76-0151362

Jul 01, 2010 to Jun 30, 2011 • Filed on Apr 10, 2012

2401 Portsmouth St77098
Siviq Scores

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

Liabilities / Assets

61st percentile

0.24x

Higher debt load relative to assets than 61% of similar nonprofits.

2011 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2011

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2011

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2011

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2011

Asset Growth

76th percentile

12%

Faster asset growth than 76% of similar nonprofits.

2011 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2010 to 2011

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Up

$533,069

Up $57,462 (+12%) from 2010

Net Assets

Up

$406,146

Up $58,016 (+17%) from 2010

Liabilities

Down

$126,923

Down $554 (-0.4%) from 2010

Revenue

-

No earlier filing loaded for comparison.

Expenses

Down

$2,185,964

Down $155,987 (-6.7%) from 2010

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0-$500KAssets 2010: $475,607Liabilities 2010: $127,477Net Assets 2010: $348,1302010Assets 2011: $533,069Liabilities 2011: $126,923Net Assets 2011: $406,1462011Assets 2012: $977,774Liabilities 2012: $163,498Net Assets 2012: $814,2762012Assets 2013: $972,910Liabilities 2013: $125,139Net Assets 2013: $847,7712013Assets 2014: $852,391Liabilities 2014: $136,127Net Assets 2014: $716,2642014Assets 2015: $478,368Liabilities 2015: $216,310Net Assets 2015: $262,0582015Assets 2016: $477,070Liabilities 2016: $546,145Net Assets 2016: -$69,0752016Assets 2017: $293,988Liabilities 2017: $491,566Net Assets 2017: -$197,5782017Assets 2018: $0Liabilities 2018: $0Net Assets 2018: $02018

Highlighted filing

2011

Assets$533,069
Liabilities$126,923
Net Assets$406,146

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $2,341,9512010Expenses 2011: $2,185,9642011Revenue 2012: $2,443,252Expenses 2012: $2,035,834Net Income 2012: $407,4182012Expenses 2013: $2,163,5032013Revenue 2014: $2,297,434Expenses 2014: $2,428,987Net Income 2014: -$131,5532014Revenue 2015: $1,856,469Expenses 2015: $2,310,685Net Income 2015: -$454,2162015Revenue 2016: $1,840,215Expenses 2016: $2,171,359Net Income 2016: -$331,1442016Revenue 2017: $2,614,677Expenses 2017: $2,743,194Net Income 2017: -$128,5172017Revenue 2018: $3,118,803Expenses 2018: $2,318,060Net Income 2018: $800,7432018

Highlighted filing

2011

Revenue-
Expenses$2,185,964
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2010 to Jun 30, 2011
Signed
Apr 10, 2012
Return Version
2010v3.2
Gross Receipts
$2,282,986
Mission and Program Overview

Mission

Houston Center for Literacy strengthens providers of adult education who, in turn, provide necessary skills for underemployed citizens to fulfill their potential and become economically self sufficient. HCL envisions a city where every adult is equipped with the basic skills they need to qualify for jobs that will allow them to support their families and thrive as prosperous, independent, successful members of society.

Major Activities

Activity 2
The Workforce Initiative Now (WIN) Project is a collaboration between two strategic partners, Houston READ Commission and Houston Community College, to train participants to become A+ Certified Computer Technicians. HRC conducts initial recruitment through the Mayor's Coalition for Literacy, its association of nearly fifty literacy providers with over one hundred sites in Houston. It will coordinate final job preparation and interviews with employer partners in the WorkReady Boot Camp during the last two to four weeks of the project. Houston Community College (HCC) provides all industry-specific skills instruction in several highly accessible Houston locations through its School of Continuing Education. HCC will additionally guide participants from coursework to exam preparation and scheduling to increase the potential for participant success in the program.
Filing and Contact Details

Filer

EIN
76-0151362
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IRS990/Description0The Houston READ Commission helps to increase Houston's literacy landscape by promoting economic self-sufficiency. HRC's job is to strengthen literacy provider organizations which in turn offer courses in adult education, English as a Second Language, health literacy, workforce literacy, and financial literacy. Additional Services/Programs: Colleges to Communities Program: This program works in partnership with local universities and colleges to train student volunteers to teach adult learners in financial, health, computer literacies. This content helps empower Houstonians to take control of their financial situations, improve their employment outlook with newly acquired skills, and lead healthier and more productive lives. Literacy Helpline: The Commissions Literacy Helpline links potential students and volunteers to literacy programs, either at one of the Commissions Demonstration Learning Centers or at a literacy provider, Monday-Friday. Commission employees follow up with callers to ensure they have found a learning center that meets their needs and determines if further referrals are necessary. The Literacy Helpline processes nearly 10,000 calls per year.Operation StoryTime: This innovative pilot program connects childrens authors with elementary school students in at-risk communities. Authors visit schools and give each child their first book, which they take home and read with their parent or guardian. This program offers an opportunity for Parent-and-Child-Together (PACT) time, encouraging reading among the entire family.
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IRS990/GroupReturnForAffiliates0false
IRS990/Hospital0false
IRS990/IncomeFromInvestBondProceeds/TotalRevenueColumn00
IRS990/IndependentAuditFinancialStmt0true
IRS990/IndoorTanningServices0false
IRS990/InfoInScheduleOPartVI0X
IRS990/InfoInScheduleOPartXI0X
IRS990/InformationTechnology/Total00
IRS990/Insurance/Total00
IRS990/IntangibleAssets/EOY00
IRS990/Interest/Total00
IRS990/InventoriesForSaleOrUse/EOY00
IRS990/InvestmentIncomeCurrentYear0372
IRS990/InvestmentIncome/ExclusionAmount0372
IRS990/InvestmentIncomePriorYear0591
IRS990/InvestmentIncome/TotalRevenueColumn0372
IRS990/InvestmentInJointVenture0false
IRS990/InvestmentsOtherSecurities/EOY00
IRS990/InvestmentsProgramRelated/EOY00
IRS990/InvestmentsPubTradedSecurities/EOY00
IRS990/InvestTaxExemptBonds0false
IRS990/LandBldgEquipmentAccumDeprec0256518
IRS990/LandBuildingsEquipmentBasis0285402
IRS990/LandBuildingsEquipmentBasisNet/BOY034167
IRS990/LandBuildingsEquipmentBasisNet/EOY028884
IRS990/LicensedMoreThanOneState0false
IRS990/LoanToOfficerOrDQP0false
IRS990/LobbyingActivities0false
IRS990/LocalChapters0false
IRS990/MaterialDiversionOrMisuse0false
IRS990/MembersOrStockholders0false
IRS990/MethodOfAccountingAccrual0X
IRS990/MinutesOfCommittees0true
IRS990/MinutesOfGoverningBody0true
IRS990/MissionDescription0The mission of The Houston READ Commission is to lead and mobilize a coalition of literacy providers and resources to improve the literacy landscape of Houston. Houston READ Commission's vision is to eliminate illiteracy in the City of Houston.
IRS990/MoreThan5000KToIndividuals0false
IRS990/MoreThan5000KToOrganizations0false
IRS990/NameOfPrincipalOfficerPerson0Sheri Foreman
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