Education : Early Childhood Programs and Services

Literacy, Inc.

When a child reads, a community succeeds!

three stars

89.49

5030 Broadway Suite 641
New York, NY 10034
tel: (212) 620-5462   Web Site
EIN: 13-3911331

Board Leadership
Carlos Rodriguez
Chair

CEO
Shari Levine
Executive Director

  Score
(out of 100)
Rating
Overall Score & Rating 89.49 three stars
  Financial 85.15 three stars
  Accountability & Transparency 100.00 four stars
This rating was published 06/01/2019 and includes data from FY2018, the most recent 990 received at that time.

Literacy Inc. (LINC) addresses the literacy crisis facing children growing up in poverty - right now, 2 out of 3 children do not read on grade level. A strong literacy foundation is crucial to success in school and beyond. LINC's mission is to effectively engage families and community members to support young readers in high-need neighborhoods. LINC harnesses the power that exists in every community to make literacy a value and right of all children. Our children's educational success is the path out of poverty and the key to achievement.

Literacy Inc. (LINC) addresses the literacy crisis facing children growing up in poverty - right now, 2 out of 3 children do not read on grade level. A strong literacy foundation is crucial to success in school and beyond. LINC's mission is to effectively engage families and community members to support young readers in high-need neighborhoods. LINC harnesses the power that exists in every community to make literacy a value and right of all children. Our children's educational success is the path out of poverty and the key to achievement.

Impact Information

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Reported Results
Total in 2018
Rate of student attendance during the reporting period
1,510
Number of parents/guardians engaged in student activities
1,535
"Number of parents engaged through parent workshop opportunities"
3,378
This impact information is current as of March 2020, when it was provided to us by GuideStar. At this time, Impact information published on this organization's page has no effect on its rating per our methodology.

Financial

three stars

85.15

Accountability & Transparency

four stars

100.00

This rating was published 06/01/2019 and includes data from FY2018, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
76.8%
  Administrative Expenses 5.0%
  Fundraising Expenses 18.0%
  Fundraising Efficiency $0.17
  Working Capital Ratio (years) 0.88
  Program Expenses Growth 18.1%
  Liabilities to Assets 7.8%
All data for Financial Performance Metrics calculations was provided by Literacy, Inc. on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Literacy, Inc. on recent 990s filed with the IRS.
REVENUE  
Contributions  
   Contributions, Gifts & Grants $1,552,979
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $562,096
   Related Organizations $0
   Government Grants $1,471,087
Total Contributions $3,586,162
   Program Service Revenue $0
Total Primary Revenue $3,586,162
   Other Revenue $98,278
TOTAL REVENUE $3,684,440
   
EXPENSES  
   Program Expenses $2,354,721
   Administrative Expenses $163,058
   Fundraising Expenses $587,787
TOTAL FUNCTIONAL EXPENSES $3,105,566
   
Payments to Affiliates $0
Excess (or Deficit) for the year $578,874
   
Net Assets $2,413,399

Charts

Compensation % of Expenses Paid to Title
$108,737 3.50% Shari Levine Executive Director

Mission

Literacy Inc. (LINC) addresses the literacy crisis facing children growing up in poverty - right now, 2 out of 3 children do not read on grade level. A strong literacy foundation is crucial to success in school and beyond. LINC's mission is to effectively engage families and community members to support young readers in high-need neighborhoods. LINC harnesses the power that exists in every community to make literacy a value and right of all children. Our children's educational success is the path out of poverty and the key to achievement.

Highly Rated

Charity Name & State Overall Score Overall Rating
Literacy, Inc. (NY) 89.49 three stars
Educational First Steps (TX) 92.77 four stars
Families Forward Learning Center (CA) 87.20 three stars
Trying Together (PA) 91.45 four stars
Fun Time Early Childhood Academy (FL) 90.63 four stars

Compare These Charities (Highly Rated)

Charity Contact Info

Literacy, Inc.
5030 Broadway
Suite 641
New York, NY 10034
tel: (212) 620-5462
EIN: 13-3911331

Visit Web Site

Board Leadership

Carlos Rodriguez
Chair

CEO

Shari Levine
Executive Director