Delaware Coalition for Literacyinc
Nonprofit profile at a glance
- EIN
- 510319343
- IRS 990-EZ coverage
- 2012–2012
- Forms available
- Form 990-EZ 2012, Form 990-N 2010
- Location
- Newark, DE, USA
- Phone
- 3023668771
- Rating
- 78
- Verdict
- SUPPORTED
- Rating confidence
- Limited
- Sector
- Remedial Reading, Reading Encouragement
Reported finances
- Revenue
- $15,863
- Expenses
- $25,003
- Assets
- $6,965
Source: IRS Form 990-EZ. Selected filing: tax year 2012. Amounts in USD.
Leadership & pay
9 people listed
Source: IRS Form 990-EZ. Selected filing: tax year 2012. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To serve as an advocate to unify and mobilize organizations and individuals interested in working to prevent and eradicate illeteracy in Delaware by supporting existing literacy programs, promoting their efforts and increasing public awareness.
What it reported doing in 2012
The organization represents the 75 adult literacy education programs in the state of Delaware by promoting and publicizing the opportunities and benefits provided by those programs to the more than 51,000 adults in the state who cannot function at a high level of literacy which would enable them to lead productive lives.
Operating model
- Revenue model
- Donor-supported. 92% 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.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 89
- Transparency & Controls: 82
- Sustainability: 11
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 70.5%; rating input score 70
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -57.6%; rating input score 10; 10th percentile among comparable filings
- Total-asset coverage ratio: 0.28; rating input score 20; 20th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: Limited
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 100% of revenue deployed · 70.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $18K in reported program spending
- Leadership: top reported pay $0 · 9 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- 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.
- High — Sustainability: Operating margin scored 10/100.
- High — Sustainability: Total-asset coverage ratio scored 20/100.