Civic Intelligence

Literacy Foundation

990EZ • Fiscal year 2024 • EIN 93-3768197

Jan 01, 2024 to Dec 31, 2024 • Filed on May 09, 2025

Organization Profilehttps//www.literacy-foundation.org
6255 Towncenter Dr Ste 16Clemmons, NC 27012

(347) 416-3716

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

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

Source year 2024

Liabilities / Revenue

97th percentile

2.16x

Higher debt load relative to revenue than 97% of similar nonprofits.

2024 filings • NTEE B60 • <$500k nonprofits • Source year 2024

Net Margin

4th percentile

-232%

Higher net margin than 4% of similar nonprofits.

2024 filings • NTEE B60 • <$500k nonprofits • Source year 2024

Top Officer Pay

71st percentile

$0

Higher top officer pay than 71% of similar nonprofits.

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

2024 filings • NTEE B60 • <$500k nonprofits • Source year 2024

Asset Growth

2nd percentile

-100%

Faster asset growth than 2% of similar nonprofits.

2024 filings • NTEE B60 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

8th percentile

-67%

Faster revenue growth than 8% of similar nonprofits.

2024 filings • NTEE B60 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$0

Down $542 (-100%) from 2023

Net Assets

Down

-$7,668

Down $8,210 (-1515%) from 2023

Liabilities

$7,668

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue97th percentileNet Margin4th percentile

Revenue

Down

$3,545

Down $7,251 (-67%) from 2023

Expenses

Up

$11,755

Up $1,501 (+15%) from 2023

Net Income

Down

-$8,210

Down $8,752 (-1615%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth2nd percentile

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

$10K$5.0K$0-$5.0K-$10KAssets 2023: $542Net Assets 2023: $5422023Assets 2024: $0Liabilities 2024: $7,668Net Assets 2024: -$7,6682024

Highlighted filing

2024

Assets$0
Liabilities$7,668
Net Assets-$7,668
Open 2024 Filing

Operations Trend

Revenue Growth8th percentile

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

$15K$10K$5.0K$0-$5.0K-$10KRevenue 2023: $10,796Expenses 2023: $10,254Net Income 2023: $5422023Revenue 2024: $3,545Expenses 2024: $11,755Net Income 2024: -$8,2102024

Highlighted filing

2024

Revenue$3,545
Expenses$11,755
Net Income-$8,210
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 9, 2025
Return Version
2024v5.1
Gross Receipts
$3,545
Mission and Program Overview

Mission

Educate and bring the issue to light

Program Services

DescriptionGrantsExpenses
Educate and bring the issue to light--
Compensation and Service Providers
Top Officer Pay71st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Vaishnavi KatragaddaSecretaryPT$0--
Harita KatragaddaPresidentPT$0--
Sriman KatragaddaTreasurerPT$0--
Filing and Contact Details

Filer

Filer Name
Literacy Foundation
EIN
93-3768197
Phone
3474163716
Address
6255 TOWNCENTER DR STE 16, CLEMMONS, NC 27012

Signing Officer

Name
Harita Katragadda
Title
President
Phone
3474163716
Signed
2025-05-09
Discuss with paid preparer
No
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16, Other Expenses

“Telephone 519”

Form 990-EZ, Part I, Line 16, Other Expenses

“Website Development and Software 194”

Form 990-EZ, Part I, Line 16, Other Expenses

“Bank Fees 128”

Form 990-EZ, Part I, Line 16, Other Expenses

“Postal Rent 128”

Form 990-EZ, Part II, Line 26, Liabilities

“Shortfall Beginning of year 0, End of year 7,668”

Raw XML Appendix118 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0Harita Katragadda
IRS990EZ/BooksInCareOfDetail/PhoneNum03474163716
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt02133 Cherrywood Dr
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Clemmons
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd027012
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0542
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt03545
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-8210
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt010786
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form720FiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0542
IRS990EZ/Form990TotalAssetsGrp/EOYAmt00
IRS990EZ/GrossReceiptsAmt03545
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0542
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-7668
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0542
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-7668
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0010.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1010.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2005.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Vaishnavi Katragadda
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Harita Katragadda
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Sriman Katragadda
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Treasurer
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt0969
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Educate and bring the issue to light
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Educate and bring the issue to light
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NC
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt07668
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TotalExpensesAmt011755
IRS990EZ/TotalRevenueAmt03545
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0https//www.literacy-foundation.org
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt03545
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt010796
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt014341
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt014341
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt03545
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt010796
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt014341
IRS990ScheduleA/TotalSupportAmt014341
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Telephone 519
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Website Development and Software 194
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Bank Fees 128
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Postal Rent 128
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Shortfall Beginning of year 0, End of year 7,668
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990-EZ, Part II, Line 26, Liabilities
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0Harita Katragadda
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03474163716
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LITERACY FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0LITE
ReturnHeader/Filer/EIN0933768197
ReturnHeader/Filer/PhoneNum03474163716
ReturnHeader/Filer/USAddress/AddressLine1Txt06255 TOWNCENTER DR STE 16
ReturnHeader/Filer/USAddress/CityNm0CLEMMONS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd027012
ReturnHeader/ReturnTs02025-05-09T11:26:25-00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
$7,668
Net assets
-$7,668
Revenue
$3,545
Expenses
$11,755
Net income
-$8,210
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.00$7.67$7.67$3.55$11.8$8.21
2023Detailed filing. Detailed filing data is available for this year.$0.54$0.54$10.8$10.3$0.54