Augustine Literacy Project - Charlotte
Nonprofit profile at a glance
- EIN
- 830822641
- IRS 990 coverage
- 2018–2024
- Forms available
- Form 990 2024
- Location
- Charlotte, NC, USA
- Phone
- 7047496162
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Educational Services and Schools - Other
Reported finances
- Revenue
- $2,482,412
- Expenses
- $2,257,991
- Assets
- $1,343,912
- Liabilities
- $15,706
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
16 people listed
Highest reported compensation
- Steve Hall (Executive Dir.): $123,600 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of ALP is to improve the reading, writing, and spelling skills of young, aspiring readers in under-resourced communities by providing free, long-term, one-on-one instruction from highly trained tutors.
What it reported doing in 2024
Augustine Literacy Project Charlotte (ALP) was originally founded in 2005 as a mission of St. Peters Episcopal Church and became a separate and independent organization in 2018. Following our mission, we improve the reading, writing and spelling skills of under resourced students significantly behind grade level in literacy skills. We train and support volunteer tutors who provide free, long-term, one-to-one instruction to students using a research-based phonics curriculum. Our volunteers tutor primarily in Charlotte-Mecklenburg area elementary schools, working with first- through third-graders at Title I schools. Volunteer tutors receive training and ALP materials, and each tutor provides one-on-one tutoring two times per week to a child during the school day or in an after school enrichment program. The relationships that develop during our long-term, one-on-one tutoring approach provides benefits to both the children and the tutors: In order to maximize our ability to connect volunteers and students, ALP offers both in-person and virtual mode to deliver our lesson plan. As Charlotte-Mecklenburg Schools, our community and our other partners rise to meet the challenge of a large percentage of first through third grade students testing significantly behind in reading skills, we are striving to expand our virtual programming, where tutors meet one-on-one with students via video conference. Video conference tutoring offers the opportunity to expand the volunteer tutor base significantly to maximize the number of students ALP can serve.
Operating model
- Revenue model
- Donor-supported. 99% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 71
- Transparency & Controls: 92
- Accountability: 100
- Sustainability: 51
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 73.5%; rating input score 74
- Program expense ratio: 80.3%; rating input score 80
- Fundraising efficiency: $7.86 raised per $1 spent on fundraising; rating input score 30; 30th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 8 of 8 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 9%; rating input score 61; 61st percentile among comparable filings
- Total-asset coverage ratio: 0.6; rating input score 21; 21st percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 85; 85th percentile among comparable filings
- Officer compensation ratio: 5.5%; rating input score 50; 50th percentile among comparable filings
Growth
- Program expense growth: 26.5% per year; rating input score 100; 90th percentile among comparable filings
- Revenue growth: 21% per year; rating input score 100; 89th percentile among comparable filings
- Asset growth: 11% per year; rating input score 100; 62nd percentile among comparable filings
Details
- Where the money goes: 73.5% of revenue deployed · 80.3% of spending went to programs
- Governance: 15 of 15 board members independent · 8 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $1.8M in reported program spending
- Leadership: top reported pay $124K · 16 people listed
- Consistency: 24 of 24 current checks pass
- Schedules: 5 filed schedules · includes major donors
- Filing history: 6 filing years from 2018 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Financial Efficiency: Fundraising efficiency scored 30/100.
- High — Sustainability: Total-asset coverage ratio scored 21/100.
- Review — Sustainability: Officer compensation ratio scored 50/100.