Overview
What is Literacy Leadership Inc?
Literacy Leadership Inc, located at 4600 E 53rd St, Davenport, Iowa, is a dedicated nonprofit organization. Their primary focus is to enhance literacy levels within their community. They achieve this goal by providing reading materials, curriculum guides, and hosting reading events. Furthermore, they engage in community-wide events to promote literacy. By doing so, they aim to positively impact the lives of underprivileged and distressed individuals within their community, ultimately fostering an environment of improved literacy levels.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Stars)
Literacy Leadership Inc has achieved a Three-Star rating from Charity Navigator, indicating a good level of accountability and finance management. The rating is based entirely on their performance in the Accountability & Finance beacon, demonstrating strong financial health and governance practices. Notably, the organization boasts a board comprised entirely of independent members, which enhances its oversight and decision-making processes.
The charity has excelled in several areas, including having no material diversion of assets and a perfect program expense ratio of 100%. These metrics suggest that all funds are directed toward their mission, reflecting a commitment to effective program delivery. Additionally, the organization has a transparent approach, listing its website on the tax form and providing documented board meeting minutes.
However, the review highlighted some limitations, such as the absence of a conflict of interest policy, whistleblower policy, and document retention and destruction policy. These missing elements may point to areas for improvement in governance practices to ensure full transparency and accountability. Overall, while Literacy Leadership Inc shows strong financial performance, enhancing their policy framework could further strengthen their standing within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Literacy Leadership Inc legitimate?
Literacy Leadership Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Literacy Leadership 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: $0
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What is the mission statement of Literacy Leadership Inc?
Literacy Leadership Inc's mission is centered around enhancing literacy levels within the community. They achieve this by providing reading materials, curriculum guides, and organizing reading events, both on a community-wide scale and at smaller, targeted events. This initiative aims to benefit a wide range of individuals, particularly those from economically disadvantaged backgrounds, by improving their reading abilities. The ultimate goal is to foster a literate community where everyone has the opportunity to thrive.
Who is the CEO of Literacy Leadership Inc?
John Humenik is the President of Literacy Leadership Inc.
What is the revenue of Literacy Leadership Inc?
Literacy Leadership Inc's revenue in 2022 was $4,550.
Who are the executives of Literacy Leadership Inc and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Literacy Leadership Inc?
Literacy Leadership Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Literacy Leadership Inc
Literacy Leadership Inc, a nonprofit organization, is dedicated to improving literacy levels within the community. Through its mission, the organization provides a range of resources to achieve this goal. These resources include reading materials, curriculum guides, and organizing reading events and community-wide events. By doing so, Literacy Leadership Inc aims to benefit the entire community, particularly those who are poor, underprivileged, and distressed. The organization's activities aim to elevate literacy levels, contributing to a more educated and literate society.
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Impact
August, 2024
Literacy Leadership Inc's impact is directly visible in the increased reading levels among the poor, underprivileged, and distressed individuals within the community of Davenport, IA. Through providing reading materials, curriculum guides, reading events, and community-wide events, Literacy Leadership Inc plays a crucial role in improving literacy rates and fostering a culture of reading. This organization's efforts benefit the entire community by equipping individuals with essential literacy skills that are vital for personal growth, education, and future opportunities.
This information is meant to be a general summary of Literacy Leadership 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.
- Gross Receipts: $4,550
Assets and Liabilities:
- Total Assets: $6,516
- Total Liabilities: $0
- Net Assets: $6,516
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Organization Details
Founding Year
2003
Phone
(563) 383-2505Principal Officer
John Humenik
Main Address
4600 E 53RD ST, DAVENPORT, IA, 528073479
NTEE Category
Code: B92 - Education
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