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Greater Indianapolis Literacy League Inc

Indy Reads

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

EIN: 311227489 ✦ Indianapolis, IN ✦ Designated as a 501(c)(3)

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Overview

What is Greater Indianapolis Literacy League Inc?

Greater Indianapolis Literacy League Inc, commonly known as INDY READS, is a nonprofit organization situated in Indianapolis, Indiana. Their primary mission is to enhance literacy among adults and families in Central Indiana. Through their Community Classrooms Program, they offer literacy and English Language Learner (ELL) classes, as well as High School Equivalency classes, at various locations within the Indianapolis metro area. The instructor-led and volunteer-supported classes provide essential resources and tools for learners to improve their literacy and English language skills, and complete high school equivalency testing. Additionally, INDY READS provides an opportunity for adults to earn industry-recognized credentials through their certification program, which is led by INDY READS staff. This organization's vision is to strive for 100% literacy for all, aiming to make a significant impact on the Central Indiana community. With a staff of 33 individuals, INDY READS is committed to promoting and improving literacy in the region.


Official website here: www.indyreads.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Stars)

The Greater Indianapolis Literacy League Inc has achieved an impressive 96% rating from Charity Navigator, reflecting its strong accountability and financial health. This rating, categorized as a Four-Star rating, indicates that the organization is transparent in its operations and effective in its financial management, which is crucial for building donor trust and ensuring sustainable support.

One of the key strengths of the organization is its fully independent board, which consists of 14 members, ensuring unbiased governance. Additionally, the charity demonstrates robust financial practices, with a program expense ratio of 74.20%, meaning that a significant portion of its funds is directed toward its literacy programs. The organization also excels in other governance measures, such as adherence to conflict of interest and whistleblower policies.

Despite its strong performance, it is important for potential donors to consider that a large portion of resources is allocated to program expenses, which is typically viewed positively. However, continuous monitoring of financial ratios and program effectiveness will be vital to maintain this level of success and accountability in the long run. Overall, the Greater Indianapolis Literacy League Inc stands out as a well-managed nonprofit dedicated to promoting literacy in the community.


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

Is Greater Indianapolis Literacy League Inc legitimate?

Greater Indianapolis Literacy League Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greater Indianapolis Literacy League 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: $151,016
Professional Fundraising Fees: $0
Other Salaries and Wages: $634,723

For more financial information, click here


Official website here: www.indyreads.org

What is the mission statement of Greater Indianapolis Literacy League Inc?

The Greater Indianapolis Literacy League Inc, through its initiative Indy Reads, is committed to improving the literacy of adults and families in Central Indiana. Their mission is straightforward: to strive towards achieving 100% literacy for all individuals within this demographic. The organization operates community classrooms offering literacy and English Language Learner (ELL) classes, high school equivalency classes, and instructor-led and volunteer-supported sessions. These resources and tools help learners enhance their literacy and English language proficiency, as well as complete high school equivalency testing. Moreover, Indy Reads provides an opportunity for adult learners to earn industry-recognized credentials through its certification program, thereby boosting their employability.


Official website here: www.indyreads.org

Who is the CEO of Greater Indianapolis Literacy League Inc?

Ruba Marshood is the Chair of Greater Indianapolis Literacy League Inc. The CEO's salary of Greater Indianapolis Literacy League Inc is $5,385 and their total compensation is $5,385.


Official website here: www.indyreads.org

What is the revenue of Greater Indianapolis Literacy League Inc?

Greater Indianapolis Literacy League Inc's revenue in 2022 was $1,398,861.


Official website here: www.indyreads.org

Who are the executives of Greater Indianapolis Literacy League Inc and what are their salaries?

The average compensation at Greater Indianapolis Literacy League Inc during 2022 was $23,810. There are 33 employees and 30 volunteers at Greater Indianapolis Literacy League Inc.


Here are 11 key members and their salaries (Greater Indianapolis Literacy League Inc's CEO's salary is $5,385 and their total compensation is $5,385):


Chad Schenkel (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rachel Spehler (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Bearce (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adarsh Mantravadi (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lori Hall (Immediate Past Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Bruhn (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sherry Moore (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Scott (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Turner Jr (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan E King (Ceo Through December 2021)
  • Compensation: $135,460
  • Related: $0
  • Other: $6,626
Ruba Marshood (Ceo Starting December 2021)
  • Compensation: $5,385
  • Related: $0
  • Other: $0


Official website here: www.indyreads.org

Where can I find the form 990 for Greater Indianapolis Literacy League Inc?

Greater Indianapolis Literacy League Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.indyreads.org

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

Mission Statement of Greater Indianapolis Literacy League Inc

Greater Indianapolis Literacy League Inc, commonly known as Indy Reads, is committed to promoting and enhancing the literacy skills of adults and families in Central Indiana. Their mission is straightforward yet impactful: to strive for 100% literacy for every individual within their reach. This vision is grounded in the belief that literacy is a fundamental right, and they are dedicated to achieving this goal.

Indy Reads' community classrooms program is a vital component of their mission. This program offers a range of literacy and English Language Learner (ELL) classes, as well as High School Equivalency (HSE) classes, to adult learners in the Indianapolis metropolitan area. The instructor-led classes, supported by AmeriCorps volunteers, provide learners with the necessary resources and tools to improve their literacy and English language proficiency, and ultimately, pass their HSE testing. Indy Reads also offers a certification program, which allows adult learners to earn industry-recognized credentials through guidance and instruction from Indy Reads staff. These short-term educational opportunities significantly boost the employability of participants.

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Impact




October, 2024

The Greater Indianapolis Literacy League Inc significantly enhances the literacy and educational opportunities for adults and families in Central Indiana. Its initiatives, particularly through the Indy Reads' Community Classrooms program, provide essential literacy and English Language Learner (ELL) classes, as well as high school equivalency classes, directly addressing the needs of adult learners in the Indianapolis metro area.

Through instructor-led and volunteer-supported classes, participants gain access to valuable resources and tools that empower them to improve their reading and writing skills. This not only aids in their personal development but also allows them to achieve high school equivalency certifications, which can be a critical factor in enhancing their employability and overall quality of life.

Additionally, the organization’s certification program offers adult learners the opportunity to earn industry-recognized credentials. This not only equips them with the necessary skills to compete in the job market but also fosters a sense of achievement and self-worth.

Overall, the Greater Indianapolis Literacy League Inc plays a vital role in promoting education and improving literacy rates in the community, working towards the vision of achieving 100% literacy for all.




This information is meant to be a general summary of Greater Indianapolis Literacy League 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
$1,398,861 (2022)
Expenses
$1,256,418 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: -$651
  • Program Service Revenue: $17,090
  • Gross Receipts: $1,532,308

Assets and Liabilities:

  • Total Assets: $1,288,255
  • Total Liabilities: $62,454
  • Net Assets: $1,225,801

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Programs

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

LITERACY AND ELL CLASS

Revenue

$17,090

Organization Details

Founding Year

1984

Principal Officer

Ruba Marshood

Main Address

1066 VIRGINIA AVENUE, INDIANAPOLIS, IN, 46203

NTEE Category

Code: B92 - Education

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