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Literacy Volunteers Of Ontario-Yates Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 222881397 ✦ Canandaigua, NY ✦ Designated as a 501(c)(3)

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Overview

What is Literacy Volunteers Of Ontario-Yates Inc?

Literacy Volunteers of Ontario-Yates Inc, located at 208 South Main Street, Canandаigua, NY 14424, is a nonprofit organization with a mission to empower adults in Ontario and Yates County, New York. Their primary objective is to equip these individuals with essential literacy skills, enabling them to realize their full potential as individuals, parents, workers, and citizens. This organization operates with a team of six dedicated employees, striving to foster an inclusive and literate community in the region.


Official website here: www.literacyvoc.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 76% (Three-Star out of Four Star rating)

Literacy Volunteers Of Ontario-Yates Inc has achieved a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. The rating is derived entirely from the Accountability & Finance beacon, where the organization scored particularly well in several categories, including a perfect score for having a majority of independent board members and a strong liabilities to assets ratio at 4.29%.

The organization demonstrates commitment to transparency with documentation practices such as maintaining board meeting minutes and listing its website on its tax form. However, it has been noted that the nonprofit lacks essential policies including a conflict of interest policy and a whistleblower policy, which could enhance its governance practices.

Overall, while Literacy Volunteers Of Ontario-Yates Inc shows strong program expense management and a high program expense ratio of 96.67%, the absence of certain policies may be a limitation in its overall governance framework. Continued focus on improving these areas could help boost their rating further in the future.


This AI summary has been generated from information found on Charity Navigator.

Is Literacy Volunteers Of Ontario-Yates Inc legitimate?

Literacy Volunteers Of Ontario-Yates Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Literacy Volunteers Of Ontario-Yates Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $51,061
Professional Fundraising Fees: $0
Other Salaries and Wages: $49,109

For more financial information, click here


Official website here: www.literacyvoc.org

What is the mission statement of Literacy Volunteers Of Ontario-Yates Inc?

The mission of Literacy Volunteers of Ontario-Yates Inc is to empower adults in various capacities by providing them with the necessary literacy skills. This organization aims to help individuals, parents, workers, and citizens in Ontario and Yates County reach their full potential. Their primary activity is to offer literacy services, enabling adults to enhance their lives and contribute positively to their communities.


Official website here: www.literacyvoc.org

Who is the CEO of Literacy Volunteers Of Ontario-Yates Inc?

Lisa Hochadel is the Treasurer of Literacy Volunteers Of Ontario-Yates Inc. The CEO's salary of Literacy Volunteers Of Ontario-Yates Inc is $0 and their total compensation is $0.


Official website here: www.literacyvoc.org

What is the revenue of Literacy Volunteers Of Ontario-Yates Inc?

Literacy Volunteers Of Ontario-Yates Inc's revenue in 2023 was $213,873.


Official website here: www.literacyvoc.org

Who are the executives of Literacy Volunteers Of Ontario-Yates Inc and what are their salaries?

The average compensation at Literacy Volunteers Of Ontario-Yates Inc during 2023 was $16,695. There are 6 employees and 25 volunteers at Literacy Volunteers Of Ontario-Yates Inc.


Here are 9 key members and their salaries (Literacy Volunteers Of Ontario-Yates Inc's CEO's salary is $0 and their total compensation is $0):


Ruth Cahn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tara Farnan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anita M Maroscher (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Audrey Roberson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Searle (Director Of Dev)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Hochadel (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Denise Cheatle (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Reisch (President & Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Malia Spofford Xavier (President & Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.literacyvoc.org

Where can I find the form 990 for Literacy Volunteers Of Ontario-Yates Inc?

Literacy Volunteers Of Ontario-Yates Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.literacyvoc.org

Learn more at the official website: www.literacyvoc.org

Mission Statement of Literacy Volunteers Of Ontario-Yates Inc

Literacy Volunteers of Ontario-Yates Inc is committed to empowering adults in their service area by providing them with the necessary literacy skills. The organization's mission, in its own words, is to help individuals in Ontario and Yates County reach their full potential as individuals, parents, workers, and citizens. By offering literacy services, Literacy Volunteers of Ontario-Yates Inc aims to equip adults with the tools they need to fully participate in their communities and lead fulfilling lives. This could include improving reading, writing, and comprehension skills, as well as developing other essential literacy abilities. By doing so, the nonprofit contributes to the personal and societal growth of the adults it serves.

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Impact




October, 2024

Literacy Volunteers of Ontario-Yates Inc significantly enhances the lives of adults in Ontario and Yates County by equipping them with essential literacy skills. This initiative empowers individuals to realize their full potential, not just in their personal lives, but also as engaged parents, productive workers, and responsible citizens.

By providing targeted literacy services, the organization addresses the fundamental need for reading and writing proficiency, which in turn fosters greater confidence and independence among participants. As adults improve their literacy, they experience enhanced opportunities for employment, effective communication, and informed decision-making, ultimately contributing to stronger communities. The impact is profound: individuals become active contributors to society, breaking cycles of disadvantage and opening doors to further education and personal growth.




This information is meant to be a general summary of Literacy Volunteers Of Ontario-Yates Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$213,873 (2023)
Expenses
$167,068 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $12,038
  • Program Service Revenue: $2,014
  • Gross Receipts: $217,037

Assets and Liabilities:

  • Total Assets: $465,983
  • Total Liabilities: $19,992
  • Net Assets: $445,991

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MISCELLANEOUS INCOME

Revenue

$487

PPP LOAN FORGIVENESS
RENTAL SUBLET

Revenue

$1,527

TUTOR TRAINING REVENUE

Organization Details

Founding Year

1967

Principal Officer

Lisa Hochadel

Main Address

208 SOUTH MAIN STREET, CANANDAIGUA, NY, 14424

NTEE Category

Code: B60 - Education

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