LIT Youngstown
Nonprofit profile at a glance
- EIN
- 473883927
- IRS 990-EZ coverage
- 2021–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2020
- Location
- Youngstown, OH, USA
- Phone
- 2342549549
- Rating
- 77
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Arts, Cultural Organizations - Multipurpose
Reported finances
- Revenue
- $161,236
- Expenses
- $163,239
- Assets
- $13,458
- Liabilities
- $3,000
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
1 person listed
People named in this filing
- Karen Schubert (Director)
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
Education and promotion of the literary arts
What it reported doing in 2025
Provided community literary workshops, visiting author programming, and other notable literature-based offerings for the Mahoning Valley.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- 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
SUPPORTED - A large share of available resources goes toward mission work and program spending has grown recently. Some filed totals do not add up and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 55
- Sustainability: 25
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 66.7%; rating input score 67; 0th percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -1.2%; rating input score 27; 27th percentile among comparable filings
- Total-asset coverage ratio: 0.08; rating input score 11; 11th percentile among comparable filings
- Liabilities to assets ratio: 0.22; rating input score 15; 15th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 17% per year; rating input score 100; 71st percentile among comparable filings
- Revenue growth: 18.2% per year; rating input score 100; 80th percentile among comparable filings
- Asset growth: -17.2% per year; rating input score 0; 7th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $166K in reported program spending
- Leadership: top reported pay $0 · 1 people listed
- Consistency: 5 of 7 current checks pass · 2 findings to review
- Schedules: 2 filed schedules
- Filing history: 5 filing years from 2021 to 2025
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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 — Transparency & Controls: Part III program expenses within total did not reconcile in the filed values.
- Moderate — Transparency & Controls: Series balance sheet did not reconcile in the filed values.
- High — Sustainability: Operating margin scored 27/100.
- High — Sustainability: Total-asset coverage ratio scored 11/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 15/100.