Civic Intelligence

Early Literacy Ambassadors

990 • Fiscal year 2022 • EIN 87-3679862

Jul 01, 2021 to Jun 30, 2022 • Filed on Dec 22, 2022

430 Chase Bend RoadEstill Springs, TN 37330

(210) 419-4727

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

1st percentile

-1722%

Higher net margin than 1% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2022

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2022

Assets

$550

No earlier filing loaded for comparison.

Net Assets

$550

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

$50

No earlier filing loaded for comparison.

Expenses

$911

No earlier filing loaded for comparison.

Net Income

-$861

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.

$40K$30K$20K$10K$0Assets 2022: $550Liabilities 2022: $0Net Assets 2022: $5502022Assets 2023: $10,380Liabilities 2023: $0Net Assets 2023: $10,3802023Assets 2025: $34,787Liabilities 2025: $0Net Assets 2025: $34,7872025

Highlighted filing

2022

Assets$550
Liabilities$0
Net Assets$550

Operations Trend

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

$60K$40K$20K$0-$20KRevenue 2022: $50Expenses 2022: $911Net Income 2022: -$8612022Revenue 2023: $24,397Expenses 2023: $15,267Net Income 2023: $9,1302023Revenue 2025: $51,135Expenses 2025: $56,419Net Income 2025: -$5,2842025

Highlighted filing

2022

Revenue$50
Expenses$911
Net Income-$861
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Dec 22, 2022
Return Version
2021v4.0
Gross Receipts
$50
Mission and Program Overview

Mission

Our vision is to provide at-risk children with reading interventions so they will be prepared for college and careers. Our two main activities will be read-aloud opportunities and small guided reading intervention groups.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$0$550▲ $550
Pledges and Grants Receivable$0$500▲ $500
Cash and Non-Interest-Bearing Accounts$0$50▲ $50
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0--
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$0$550▲ $550
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0--
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$550▲ $550
Total Liabilities and Net Assets / Fund Balance$0$550▲ $550
Compensation and Service Providers

Board Members and Trustees

NameTitle
Timothy TruePresident
Jonanne HammerDirector
Holly TrueFounder/Executive Director
Anne DiPardoSecretary
Mary Margaret SprinkleTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$50
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$50
Change in Net Assets
$-861
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$911
Total Fundraising Expense$187
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Advertising$0$0$187$187
Other Expenses$0$12$0$12
Total Functional Expenses$0$724$187$911
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

The Founder/Executive Director, Holly True, is married to the President, Timothy True. ELA follows a Conflict of Interest policy regarding the two directors. Timothy does not vote on employment or financial decisions related to Holly. On other voting matters, they only have a full vote when 5 directors are present. When a total of 4 directors are present, a quorum is allowed only with Timothy and Holly each exercising half a vote.

Form 990, Part VI, Section A, Line 9

Addresses of directors not reached at principal mailing address: Holly True (Founder/Executive Director) and Timothy True (President) 225 Cumberland St. W/Cowan, TN 37318 Anne DiPardo, Secretary 43075 Beamer Ct./Temecula, CA 92592 Mary Margaret Sprinkle, Treasurer 354 Plantation Dr./Pleasant View, TN 37146

Form 990, Part VI, Section B, Line 11B

The 990 was sent via email to all board directors on 7/5/22 and discussed in a meeting on 7/10/22 for feedback prior to turning it in.

Form 990, Part VI, Section B, Line 12C

As discussed in line 2, ELA is continuously mindful of the Conflict of Interest policy because 2 directors are married.

Form 990, Part VI, Section B, Line 15

We have a salary review process in place, however due to lack of funding, we are not compensating anyone at this point.

Form 990, Part VI, Section C, Line 19

ELA created a website (www.earlyliteracyambassadors.com) in order to raise awareness regarding our services and to solicit funds. On the donate page, our website states, "Organizing documents, Conflict of Interest policy, and financial statements are available upon request."

Form 990, Part VI, Section C, Line 20

The Registered Agent, Jonanne Hammer, maintains the organization's books and records. Her contact information is:430 Chase Bend Rd./Estill Springs, TN 37330, phone: 931-607-5937

Form 990, Part VIII, Line 1H

ELA received a total of $50 in donations for the 2021/2022 fiscal year.

Filing and Contact Details

Filer

Filer Name
Early Literacy Ambassadors
EIN
87-3679862
Phone
2104194727
Address
430 Chase Bend Road, Estill Springs, TN 37330

Signing Officer

Name
Holly True
Title
Founder/Executive Director
Phone
2104194727
Signed
2022-12-22

Organization Details

Principal Officer
Holly True
Formed
2021
Legal Domicile
Tn
Voting Board Members
5
Independent Board Members
0
Employees
0
Volunteers
0
Supplemental Narrative

Additional Explanations

Form 990, Header, Line A

Early Literacy Ambassadors

Form 990, Header, Line B

87-3679862

Form 990, Part IX, Line 12

All Fundraising fees were paid to Squarespace for a website domain name and monthly service.

Form 990, Part XI, Line 9

This amount reflects the $911 paid for services and the $500 pledge, both given by Holly True, the founder. She has paid out of pocket for the start-up expenses with an informal expectation of reimbursement. The organization is not officially indebted to Holly True, nether did she intend the $911 to be a donation. Once reimbursed, she does intend to produce the $500 pledge, which has been documented in board minutes.

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IRS990/OccupancyGrp/ProgramServicesAmt00
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt00
IRS990/OfficeExpensesGrp/ProgramServicesAmt00
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd01
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt01411
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0TN Incorporation Fee
IRS990/OtherExpensesGrp/Desc11023 application
IRS990/OtherExpensesGrp/Desc2TN registration to solicit funds
IRS990/OtherExpensesGrp/Desc3notary
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0102
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1600
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt210
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt312
IRS990/OtherExpensesGrp/ProgramServicesAmt00
IRS990/OtherExpensesGrp/ProgramServicesAmt10
IRS990/OtherExpensesGrp/ProgramServicesAmt20
IRS990/OtherExpensesGrp/ProgramServicesAmt30
IRS990/OtherExpensesGrp/TotalAmt0102
IRS990/OtherExpensesGrp/TotalAmt1600
IRS990/OtherExpensesGrp/TotalAmt210
IRS990/OtherExpensesGrp/TotalAmt312
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/FundraisingAmt00
IRS990/PaymentsToAffiliatesGrp/ManagementAndGeneralAmt00
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt00
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt00
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/FundraisingAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt00
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0500
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Holly True
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/FundraisingAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ManagementAndGeneralAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ProgramServicesAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt00
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt00
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt00
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-861
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt00
IRS990/RoyaltiesGrp/FundraisingAmt00

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