Overview
What is Literacy United Inc?
Literacy United Inc, situated in Fort Worth, Texas, is a dedicated nonprofit organization that focuses on supporting economically disadvantaged children who struggle with reading. Their mission is to provide intensive, small group reading therapy to help these children overcome their challenges. With a strong belief in making a difference one child at a time, Literacy United Inc strives to empower young learners and improve their literacy skills. They operate in the heart of Fort Worth, offering their unique services to those in need.
Official website here: www.literacyunited.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement) with an overall score of 69%. This rating indicates that Literacy United Inc has notable strengths but also significant areas that require improvement. The organization demonstrates a strong commitment to its programs, reflected in a program expense ratio of 96.67%, which suggests that the majority of its funds are directed towards its charitable missions.
One of the organization's strengths is its governance structure, with 92% of the board members being independent, which is a positive indicator of accountability. Additionally, there are no reported issues with material diversion of assets. However, the absence of crucial policies such as conflict of interest and whistleblower protection, along with missing financial statements, raises concerns about transparency and governance practices.
Overall, while Literacy United Inc has a solid foundation in terms of program spending and board independence, it faces challenges regarding its financial disclosures and governance policies. Addressing these limitations could significantly enhance its rating and trustworthiness in the eyes of donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Literacy United Inc legitimate?
Literacy United Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Literacy United 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: $5,226
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.literacyunited.org
What is the mission statement of Literacy United Inc?
Literacy United Inc's mission is centered around assisting economically disadvantaged children who struggle with reading. Their goal is to make a difference, one child at a time, through the provision of intensive, small group reading therapy. The organization strives to enhance reading skills and literacy levels in these children, thereby empowering them with the essential tool for educational success and broader opportunities in life.
Official website here: www.literacyunited.org
Who is the CEO of Literacy United Inc?
Kary Johnson is the President of Literacy United Inc.
Official website here: www.literacyunited.org
What is the revenue of Literacy United Inc?
Literacy United Inc's revenue in 2022 was $627,597.
Official website here: www.literacyunited.org
Who are the executives of Literacy United Inc and what are their salaries?
There 40 volunteers at Literacy United Inc.
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Official website here: www.literacyunited.org
Where can I find the form 990 for Literacy United Inc?
Literacy United Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.literacyunited.org
Learn more at the official website: www.literacyunited.org
Mission Statement of Literacy United Inc
Literacy United, a nonprofit organization, is dedicated to its mission of reaching economically disadvantaged children who struggle with reading. The organization provides intensive, small group reading therapy to help these children overcome their reading difficulties, one child at a time. By focusing on these disadvantaged children, Literacy United aims to make a significant impact on their lives and set them on a path towards academic success. The organization's approach to reading therapy is personalized and focused, ensuring that each child receives the individual attention they need to improve their reading skills.
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Impact
July, 2024
Literacy United Inc's impact lies in providing intensive, small group reading therapy to economically disadvantaged children in Fort Worth, TX. Through their mission to address the reading struggles of these children one at a time, Literacy United is making a tangible difference in the lives of youth who may otherwise have limited access to resources and support for their literacy development. By focusing on personalized intervention, they are helping to bridge the literacy gap and empower these children to reach their full potential.
This information is meant to be a general summary of Literacy United 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.
- Program Service Revenue: $460,290
- Gross Receipts: $627,597
Assets and Liabilities:
- Total Assets: $316,313
- Total Liabilities: $7,867
- Net Assets: $308,446
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
READING THERAPY
Revenue
$460,290
Organization Details
Founding Year
2010
Phone
(817) 924-2000Principal Officer
Kary Johnson
Main Address
3145 MCCART AVE, FORT WORTH, TX, 76110
Website
www.literacyunited.orgNTEE Category
Code: O50 - Youth development
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