Liabilities / Assets
53rd percentile
Higher debt load relative to assets than 53% of similar nonprofits.
990 • Fiscal year 2019 • EIN 91-2101208
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
53rd percentile
Higher debt load relative to assets than 53% of similar nonprofits.
Liabilities / Revenue
39th percentile
Higher debt load relative to revenue than 39% of similar nonprofits.
Net Margin
28th percentile
Higher net margin than 28% of similar nonprofits.
Top Officer Pay
Score unavailable
This filing does not contain officer compensation rows.
Asset Growth
14th percentile
Faster asset growth than 14% of similar nonprofits.
Revenue Growth
50th percentile
Faster revenue growth than 50% of similar nonprofits.
Assets
Down$481,363
Down $43,374 (-8.3%) from 2018
Net Assets
Down$433,416
Down $42,696 (-9.0%) from 2018
Liabilities
Down$47,947
Down $678 (-1.4%) from 2018
Revenue
Up$1,008,680
Up $39,546 (+4.1%) from 2018
Expenses
Up$1,051,376
Up $120,014 (+13%) from 2018
Net Income
Down-$42,696
Down $80,468 (-213%) from 2018
This 2019 filing currently has summary financial data only. Detailed schedules, leadership, and program rows are not available for this filing yet.
Literacy source provides accessible, high-quality foundational education for adults to create lasting opportunities for themselves, their families, and their communities. Our vision is that all adults in king county have literacy skills to create generational change.literacy source serves low-income, unique-needs students who may need more flexible scheduling, individualized instruction, and/or ongoing support and guidance to succeed. Although we provide a full range of adult basic education classes, from beginning literacy to english and math through ged, our niche is providing supportive, learner-centered instruction to adults (ages 18-90) with little formal education in their first language. We also support people in getting their citizenship. Our student population is diverse, representing over 50 countries and 60 different native languages.
No mirrored PDF or thumbnail assets are attached yet.
Displayed year
2019 • Form 990Summary only. Only limited summary data is available for this year.
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