Legacy of Literacy Incorporated

Nonprofit profile at a glance

EIN
460752119
IRS 990-EZ coverage
2021–2025
Forms available
Form 990-EZ 2025, Form 990-N 2022
Location
Detroit, MI, USA
Rating
55
Verdict
MIXED
Rating confidence
Moderate
Sector
Remedial Reading, Reading Encouragement

Reported finances

Revenue
$62,895
Expenses
$54,350
Assets
$11,123

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • Alma L Greer (President)
  • Allo Greer (Vice President)

People named in this filing

  • Alma L Greer (President)
  • Allo Greer (Vice President)
  • Valerie Greer (Secretary)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To promote literacy for Detroit area youth through reading.

What it reported doing in 2025

To expand access to books for children and families the organization purchased 687 new books and secured an additional 400 books through the First Book Distribution Center. These resources were placed directly in the hands of young readers through partnerships with Real Kids Read and My Sisters Keeper reaching four schools in Highland Park and River Rough Michigan. Legacy of Literacy also covered transportation and meal support ensuring that literacy events were welcoming accessible and family-centered.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

MIXED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 18
  • Transparency & Controls: 100
  • Sustainability: 37
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 16.7%; rating input score 17
  • Program expense ratio: 19.3%; rating input score 19

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 13.6%; rating input score 65; 65th percentile among comparable filings
  • Total-asset coverage ratio: 0.2; rating input score 18; 18th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 19.9%; rating input score 8; 8th percentile among comparable filings

Growth

  • Program expense growth: 21.8% per year; rating input score 100; 82nd percentile among comparable filings
  • Revenue growth: 20.3% per year; rating input score 100; 90th percentile among comparable filings
  • Asset growth: -11.9% per year; rating input score 0; 16th percentile among comparable filings

Details

  • Where the money goes: 16.7% of revenue deployed · 19.3% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 6 filed program accomplishments · $10K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 6 of 7 current checks pass · 1 finding to review
  • Schedules: 3 filed schedules
  • Filing history: 5 filing years from 2021 to 2025
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • 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 — Financial Efficiency: Mission deployment rate scored 17/100.
  • High — Financial Efficiency: Program expense ratio scored 19/100.
  • Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
  • High — Sustainability: Total-asset coverage ratio scored 18/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 8/100.