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Literacy Partners Inc

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

EIN: 510180665 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is Literacy Partners Inc?

Literacy Partners Inc, based in New York, NY, is a nonprofit organization dedicated to enhancing the literacy and educational opportunities of low-income parents with young children. Their mission revolves around empowering parents by providing them with essential literacy and language skills needed to thrive in today's world. Through their free classes, they offer English lessons, basic reading, and college transition programs. Their unique two-generation approach also incorporates child development and parenting support, aiming to boost early reading, school readiness, and socio-emotional growth in children. With a team of 24 dedicated individuals, Literacy Partners Inc strengthens families and contributes to a brighter future for both parents and their children.


Official website here: www.literacypartners.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 93% (Four-Star out of Four Stars)

Literacy Partners Inc has earned a commendable Four-Star rating on Charity Navigator, indicating a high level of accountability and financial health. The nonprofit's strengths include a perfect score in "Culture & Community" and "Leadership & Adaptability," reflecting its strong commitment to fostering a positive environment and effective leadership. The organization boasts a fully independent board and exemplary financial practices, with no noted issues regarding asset diversion or loans to officers.

User feedback highlights the transformative impact Literacy Partners has on adult learners, many of whom face significant barriers to literacy. Volunteers express deep appreciation for the organization’s supportive atmosphere and its dedication to fostering student success. However, some reviewers pointed out ongoing challenges, such as high staff turnover due to funding constraints, which can disrupt consistency and curriculum direction.

While Literacy Partners is largely praised for its effective programs and the dedication of its volunteers, it faces a growing demand for services, leading to waiting lists for new students. This underscores the need for additional funding and resources to continue meeting the community's literacy needs effectively.


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

Is Literacy Partners Inc legitimate?

Literacy Partners Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Literacy Partners 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: $476,531
Professional Fundraising Fees: $75,000
Other Salaries and Wages: $1,349,298

For more financial information, click here


Official website here: www.literacypartners.org

What is the mission statement of Literacy Partners Inc?

Literacy Partners Inc, through its mission, aims to bolster families by employing a two-generation approach to education. This involves offering free classes to low-income parents, enabling them to enhance their literacy and language skills essential for success in the current world. The curriculum used by Literacy Partners incorporates child development and parenting support, thereby assisting parents in boosting their children's early reading, school readiness, and socio-emotional growth. The organization's mission also includes providing parents with research-based educational resources to support their children's development. In essence, Literacy Partners Inc seeks to empower families by equipping parents with the necessary skills to contribute positively to their children's educational journeys.


Official website here: www.literacypartners.org

Who is the CEO of Literacy Partners Inc?

Anthony Tassi is the Chair of Literacy Partners Inc.


Official website here: www.literacypartners.org

What is the revenue of Literacy Partners Inc?

Literacy Partners Inc's revenue in 2022 was $4,128,478.


Official website here: www.literacypartners.org

Who are the executives of Literacy Partners Inc and what are their salaries?

The average compensation at Literacy Partners Inc during 2022 was $76,076. There are 24 employees and 100 volunteers at Literacy Partners Inc.


Here are 20 key members and their salaries:


Katharine Raymond Hinton (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Larsen (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lawrence A Jacobs (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leslie R Klotz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Gurevich (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alina Cho (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ianthe Dugan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cynthia Mcfadden (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sebastian V Niles (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Parikh (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hope Pingree (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Subias (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Neal Goff (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
W Ross Honey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Courtney Ek Lewis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jordan Pavlin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Brown (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Tassi (Executive Director)
  • Compensation: $153,150
  • Related: $0
  • Other: $2,843
Jane Sung E Bai (Chief Operating Officer)
  • Compensation: $129,802
  • Related: $0
  • Other: $23,015
Lynn Clark (Chief Program Officer)
  • Compensation: $130,030
  • Related: $0
  • Other: $11,576


Official website here: www.literacypartners.org

Where can I find the form 990 for Literacy Partners Inc?

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


Official website here: www.literacypartners.org

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

Mission Statement of Literacy Partners Inc

Literacy Partners Inc, a nonprofit organization, is committed to fortifying families through a dual-generation approach to education. They offer complimentary classes to low-income parents, enabling them to enhance their literacy and language abilities, essential skills in today's world. The curriculum employed by Literacy Partners Inc is meticulously designed, incorporating child development and parenting support. This holistic approach aims to empower parents to boost their children's early reading skills, school readiness, and socio-emotional development.

In essence, Literacy Partners Inc serves as a beacon of hope for parents, providing them with the tools necessary to succeed in today's dynamic society. Their curriculum is grounded in rigorous research, ensuring that parents receive the most effective instruction possible. By fostering a nurturing environment, Literacy Partners Inc helps parents to develop the confidence and skills needed to positively impact their children's lives, paving the way for a brighter future.

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Impact




July, 2024

Literacy Partners Inc's impact is significant as it strengthens families through a two-generation approach to education. By providing free classes, this organization empowers low-income parents to develop the literacy and language skills necessary for success in today's world. Their curriculum goes beyond just adult literacy services, incorporating child development and parenting support to help parents enhance their children's early reading, school readiness, and socio-emotional growth. Through their dedicated efforts in New York, Literacy Partners Inc is making a tangible difference in the lives of families by breaking the cycle of illiteracy and equipping parents and children with essential skills for a brighter future.




This information is meant to be a general summary of Literacy Partners 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
$4,128,478 (2022)
Expenses
$3,483,759 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $338,646
  • Gross Receipts: $6,503,593

Assets and Liabilities:

  • Total Assets: $9,633,400
  • Total Liabilities: $383,709
  • Net Assets: $9,249,691

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Organization Details

Founding Year

1973

Principal Officer

Anthony Tassi

Main Address

75 MAIDEN LANE SUITE 1102, NEW YORK, NY, 10038

NTEE Category

Code: B600 - Education

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