Literacy Legacy Fund of Michigan

Nonprofit profile at a glance

EIN
263673521
IRS 990-EZ coverage
2024–2025
Forms available
Form 990-EZ 2025, Form 990-N 2023
Location
Marquette, MI, USA
Phone
9062285959
Rating
78
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Fund Raising and/or Fund Distribution

Reported finances

Revenue
$24,757
Expenses
$30,751
Assets
$184,026

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

Leadership & pay

5 people listed

People named in this filing

  • NANCY SEMINOFF (CHAIR)
  • GLORIA LAPOINTE (TREASURER)
  • CAROLYN JANE BLOUGH (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

Obtain and distribute funding to enhance literacy improvement directly or through a relationship with literacy-based organizations, other appropriate professional organizations and funding sources

What it reported doing in 2025

Nmu center for rural health provides assistance to dental clinics for educating second grade students in learning proper oral hygiene. Nmu health sciences students and houghton high school students read "curious george visits the dentist" to 17 elementary school second-grade classrooms. There were over 1,000 students that took home a copy of the books along with oral health kits. A grant is given each year to wayne state university to provide for a scholarship for a student chosen by the university. This provides support for furthering their education. Michigan reading association sponsors a conference each year. A book giveaway was sponsored by llf Michigan for the keynote speaker author john schu for the luncheon. Giving tuesday consisted of distributing several books to over 25 libraries. The libraries were encouraged to provide acts of generosity in their communities. Bertha's buddies provides notes and cards to individuals needing a word of encouragement. Stickers and encouragement are provided in a mailing to the recipients. A cultural literacy event was coordinated with superior strings alliance to host a jane austen salon concert. Information was shared on jane austen's literacy and musical contributions.

Operating model

Revenue model
Donor-supported. 72% of the money available for current operations came from contributions and gifts.
Distribution model
Hybrid. The nonprofit split its reported program spending across 53% for direct work, and 47% for grants.

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 revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 83
  • Transparency & Controls: 82
  • Sustainability: 36
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 90.6%; rating input score 91
  • Program expense ratio: 70%; 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: -24.2%; rating input score 20; 20th percentile among comparable filings
  • Total-asset coverage ratio: 5.98; rating input score 86; 86th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 15.4%; rating input score 9; 9th percentile among comparable filings

Growth

  • Program expense growth: 21.3% per year; rating input score 100; 82nd percentile among comparable filings
  • Revenue growth: -109.8% per year; rating input score 0; 2nd percentile among comparable filings
  • Asset growth: -2.1% per year; rating input score 0; 31st percentile among comparable filings

Details

  • Where the money goes: 90.6% of revenue deployed · 70% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 4 filed program accomplishments · $22K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 2 filing years from 2024 to 2025
  • 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 — Sustainability: Operating margin scored 20/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 9/100.