Overview
What is Literacy Volunteers Of Laredo?
Literacy Volunteers of Laredo, located at 202 W Plum Street, Laredo, TX 78040, is a nonprofit organization dedicated to enhancing literacy within their community and the surrounding areas. They provide confidential, student-centered instruction and assistance to adults with limited reading, writing, or English proficiency skills, at no cost. Their mission is driven by a local voluntary board, with the aim of helping individuals achieve personal literacy goals and become active members of society. Their operations primarily involve trained volunteers offering instruction to enable adults to become more productive and informed.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Star rating.
Literacy Volunteers of Laredo has achieved an impressive 94% score, translating to a Four-Star rating on Charity Navigator. This rating signifies a strong commitment to accountability and financial health, with all aspects of the score based entirely on accountability metrics. The organization demonstrates an exemplary governance structure, with 100% of its board members being independent, which enhances transparency and trust.
The nonprofit's fiscal management is commendable, with a liabilities to assets ratio of 0.00%, indicating a solid financial position. Additionally, the organization allocates a significant portion of its budget to program expenses, with a program expense ratio of 73.47%, reflecting its dedication to fulfilling its mission of promoting literacy. Compliance with policies related to conflict of interest and whistleblower protections further underscores the organization's commitment to ethical practices.
Overall, Literacy Volunteers of Laredo exhibits strong financial practices and governance, positioning itself as a trustworthy organization. However, while the data is overwhelmingly positive, ongoing assessment of its programs and community impact can further enhance its role in supporting literacy initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Literacy Volunteers Of Laredo legitimate?
Literacy Volunteers Of Laredo is a legitimate nonprofit organization registered as a 501(c)(3) entity. Literacy Volunteers Of Laredo 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: $37,461
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What is the mission statement of Literacy Volunteers Of Laredo?
The mission of Literacy Volunteers Of Laredo, as directed by a local volunteer board, is to promote and foster increased literacy in the surrounding areas. They achieve this by offering confidential, student-centered instruction and assistance to adults with limited reading, writing, and English proficiency skills, free of charge. The goal is to help these individuals achieve personal literacy-related objectives, ultimately becoming productive and informed members of their community. The organization's operations are guided by the belief in the transformative power of literacy.
Who is the CEO of Literacy Volunteers Of Laredo?
Leticia Spillane is the President of Literacy Volunteers Of Laredo.
What is the revenue of Literacy Volunteers Of Laredo?
Literacy Volunteers Of Laredo's revenue in 2022 was $75,953.
Who are the executives of Literacy Volunteers Of Laredo and what are their salaries?
The average compensation at Literacy Volunteers Of Laredo during 2022 was $12,487. There are 3 employees at Literacy Volunteers Of Laredo.
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Where can I find the form 990 for Literacy Volunteers Of Laredo?
Literacy Volunteers Of Laredo's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Literacy Volunteers Of Laredo
Literacy Volunteers Of Laredo is an organization dedicated to promoting and fostering increased literacy in the local area and its surrounding communities. Guided by a board of volunteers, their mission is to offer confidential, student-centered instruction and assistance to adults struggling with limited reading, writing, and/or English proficiency skills. This nonprofit aims to help these individuals in achieving personal literacy-related goals, ultimately transforming them into productive and well-informed members of society. Through the assistance of trained volunteers, Literacy Volunteers Of Laredo provides a free service, enabling adults to improve their literacy skills and better integrate into their community.
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Impact
August, 2024
Literacy Volunteers Of Laredo impacts the community by providing confidential, student-centered instruction and assistance to adults with limited reading, writing, and/or limited English proficiency skills. These services are offered free of charge and are provided by trained volunteers. By helping individuals improve their literacy skills, Literacy Volunteers Of Laredo empowers them to become productive and informed members of the community. Through their mission to promote and foster increased literacy in Laredo and the surrounding areas, this organization plays a crucial role in improving literacy levels and enhancing the overall quality of life for its participants.
This information is meant to be a general summary of Literacy Volunteers Of Laredo. 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: -$579
- Program Service Revenue: $7,733
- Gross Receipts: $75,953
Assets and Liabilities:
- Total Assets: $170,804
- Total Liabilities: $0
- Net Assets: $170,804
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FUNDRAISING
Revenue
$7,733
Organization Details
Phone
(956) 724-5207Principal Officer
Leticia Spillane
Main Address
202 W PLUM STREET, LAREDO, TX, 78040
NTEE Category
Code: B60 - Education
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