Literacy Council of Garland County Inc
Nonprofit profile at a glance
- EIN
- 710583801
- IRS 990-EZ coverage
- 2009–2022
- Forms available
- Form 990-EZ 2022, Form 990-N 2020
- Location
- Hot Springs National P, AR, USA
- Rating
- 95
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $84,694
- Expenses
- $84,484
- Assets
- $124,532
- Liabilities
- $31,147
Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- John Simpson (President)
- Sarah Richardson (Executive Director)
People named in this filing
- John Simpson (President)
- Joyce Kraft (erron)
- Courtney Post (Treasurer)
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 2022. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Provide free confidential adulttutoring
What it reported doing in 2022
Adult Learning Resources extended in the community free to all including addtional clients served in the community for basic reading, writing, math, English
Operating model
- Revenue model
- Donor-supported. 100% 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 100
- Sustainability: 40
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 99.8%; rating input score 100
- Program expense ratio: 100%; rating input score 100
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: 0.2%; rating input score 47; 47th percentile among comparable filings
- Total-asset coverage ratio: 1.47; rating input score 54; 54th percentile among comparable filings
- Liabilities to assets ratio: 0.25; rating input score 13; 13th percentile among comparable filings
- Officer compensation ratio: 30%; rating input score 6; 6th percentile among comparable filings
Growth
- Program expense growth: 4.9% per year; rating input score 100; 65th percentile among comparable filings
- Revenue growth: -0.2% per year; rating input score 0; 56th percentile among comparable filings
- Asset growth: 3.1% per year; rating input score 100; 51st percentile among comparable filings
Details
- Where the money goes: 99.8% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $84K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 4 filed schedules
- Filing history: 7 filing years from 2009 to 2022
- 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.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 47/100.
- Review — Sustainability: Total-asset coverage ratio scored 54/100.
- High — Sustainability: Officer compensation ratio scored 6/100.
- High — Sustainability: Liabilities to assets ratio scored 13/100.