Liabilities / Assets
74th percentile
Higher debt load relative to assets than 74% of similar nonprofits.
990 • Fiscal year 2023 • EIN 91-2101208
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
74th percentile
Higher debt load relative to assets than 74% of similar nonprofits.
Liabilities / Revenue
64th percentile
Higher debt load relative to revenue than 64% of similar nonprofits.
Net Margin
51st percentile
Higher net margin than 51% of similar nonprofits.
Top Officer Pay
Score unavailable
This filing does not contain officer compensation rows.
Asset Growth
90th percentile
Faster asset growth than 90% of similar nonprofits.
Revenue Growth
64th percentile
Faster revenue growth than 64% of similar nonprofits.
Assets
Up$938,768
Up $309,521 (+49%) from 2022
Net Assets
Up$661,900
Up $54,131 (+8.9%) from 2022
Liabilities
Up$276,868
Up $255,390 (+1189%) from 2022
Revenue
Up$1,389,759
Up $193,879 (+16%) from 2022
Expenses
Up$1,331,373
Up $200,205 (+18%) from 2022
Net Income
Down$58,386
Down $6,326 (-9.8%) from 2022
This 2023 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
2023 • Form 990Summary only. Only limited summary data is available for this year.
Similar nonprofits based on the same Siviq industry and scale cohort. 2023 filings • 501(c)3 • $1M-$5M nonprofits
Chicago, IL
View Organization501(c)3
Revenue vs current organization
94% lowerAssets vs current organization
48% higherRugby, ND
View Organization501(c)3
Revenue vs current organization
100% lowerAssets vs current organization
48% higherLancaster, OH
View Organization501(c)3
Revenue vs current organization
About the sameAssets vs current organization
19% lowerWallkill, NY
View Organization501(c)3
Revenue vs current organization
88% lowerAssets vs current organization
48% higher