Overview
What is Literacy Nassau Inc?
Literacy Nassau Inc, based in Wantagh, New York, is a long-standing, nonprofit organization dedicated to making literacy services accessible to disadvantaged populations of all ages. Through its donation-driven programs, the organization provides language-building opportunities, aiming to bridge the literacy gap within its Long Island community. With a committed workforce of six individuals, Literacy Nassau Inc continues to extend its reach and impact, ensuring that everyone has the chance to improve their literacy skills and contribute positively to society.
Official website here: www.literacynassau.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star Rating)
Literacy Nassau Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and finance. With a perfect score in several key areas, such as accountability, independent board governance, and financial audits, the organization demonstrates transparency and effective management practices. The high program expense ratio indicates that a significant portion of its financial resources is directed towards fulfilling its mission, which is essential for sustaining impactful literacy programs.
The organization benefits from having a majority of independent board members and a solid conflict of interest policy, ensuring that its governance structure is robust and free from potential conflicts. Additionally, its commendable liabilities to assets ratio suggests financial stability and a low level of debt, further bolstering stakeholder confidence in its operations.
Overall, the data highlights Literacy Nassau's strengths in financial management and governance, but the summary does not indicate any noted limitations or areas for improvement. This solid foundation positions the organization well to continue its work in providing essential literacy services to the community.
This AI summary has been generated from information found on Charity Navigator.
Is Literacy Nassau Inc legitimate?
Literacy Nassau Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Literacy Nassau 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $425,943
For more financial information, click here
Official website here: www.literacynassau.org
What is the mission statement of Literacy Nassau Inc?
Literacy Nassau Inc, a not-for-profit organization, is committed to making literacy services accessible to disadvantaged populations of all ages. They achieve this by providing donation-based language-building programs. The organization's mission is to bridge the literacy gap and empower individuals, ensuring they have the necessary skills to navigate their lives effectively. By offering these programs, Literacy Nassau Inc aims to foster a more literate and inclusive society. Their efforts focus on breaking down barriers and providing equal opportunities for learning and personal growth.
Official website here: www.literacynassau.org
Who is the CEO of Literacy Nassau Inc?
Stephen Bendernagel is the President of Literacy Nassau Inc.
Official website here: www.literacynassau.org
What is the revenue of Literacy Nassau Inc?
Literacy Nassau Inc's revenue in 2022 was $777,403.
Official website here: www.literacynassau.org
Who are the executives of Literacy Nassau Inc and what are their salaries?
The average compensation at Literacy Nassau Inc during 2022 was $70,990. There are 6 employees at Literacy Nassau Inc.
Here are 5 key members and their salaries:
- Compensation: $137,211
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.literacynassau.org
Where can I find the form 990 for Literacy Nassau Inc?
Literacy Nassau Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.literacynassau.org
Learn more at the official website: www.literacynassau.org
Mission Statement of Literacy Nassau Inc
Literacy Nassau, a not-for-profit organization based on Long Island, is committed to making literacy services accessible to disadvantaged populations of all ages. They achieve this goal by offering donation-based language-building programs. This mission of Literacy Nassau is geared towards breaking down barriers to literacy, ensuring that everyone, regardless of their background or circumstances, has the opportunity to improve their language skills and enhance their lives. The organization's programs are designed to empower individuals, fostering a sense of confidence and self-sufficiency. By making literacy services accessible, Literacy Nassau is contributing to the betterment of its community and promoting a more inclusive and equitable society.
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Impact
October, 2024
Literacy Nassau Inc has a profound impact on the Long Island community by making literacy services accessible to disadvantaged populations of all ages. By providing donation-based language-building programs, it helps individuals improve their reading, writing, and communication skills. This initiative empowers participants by enhancing their educational and employment opportunities, fostering self-sufficiency, and promoting social inclusion. The organization addresses the critical need for literacy support, ultimately contributing to a more informed and engaged community. Through its efforts, Literacy Nassau Inc plays a vital role in breaking the cycle of poverty and improving the quality of life for those it serves.
This information is meant to be a general summary of Literacy Nassau 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $170
- Program Service Revenue: $155,175
- Gross Receipts: $777,403
Assets and Liabilities:
- Total Assets: $522,286
- Total Liabilities: $15,479
- Net Assets: $506,807
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$155,175
Organization Details
Founding Year
1968
Phone
(516) 867-3580Principal Officer
Stephen Bendernagel
Main Address
1 IVY LANE, WANTAGH, NY, 11793
Website
www.literacynassau.orgNTEE Category
Code: B60 - Education
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