Literacy Lubbock

Nonprofit profile at a glance

EIN
752293940
IRS 990 coverage
2010–2024
Forms available
Form 990 2024, Form 990-EZ 2009
Location
Lubbock, TX, USA
Phone
8067753636
Rating
85
Verdict
STRONG
Rating confidence
Moderate
Sector
Education N.E.C.

Official website

Reported finances

Revenue
$161,234
Expenses
$256,859
Assets
$231,863
Liabilities
$3,075

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • JOHN LOWE (PRESIDENT)
  • DAVE MARCINKOWSKI (VICE PRESIDENT)
  • JULIE LAUGHLIN (EXECUTIVE DIRECTOR)

Highest reported compensation

  • JULIE LAUGHLIN (EXECUTIVE DIRECTOR): $72,738 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Literacy lubbock executes and supports programs that enable people to become literate.

What it reported doing in 2024

Literacy lubbock volunteers and staff have provided over 4,000 hours of instruction to ged, esl, and adult education students this fiscal year.family literacy - tiny totsfor children, birth through 4 years old. Children are read a story each week and can take home the book to begin their home library. The weekly storytimes are conducted in local libraries and childcare centers. Events are held at partner non-profit agencies to distribute books to children. Literacy lubbock presents programs on the importance of reading to your children at area head start programs.gedliteracy lubbock provides individual volunteer tutors, small classroom instruction, and online instruction to adult learners who request our help in obtaining their ged. By carefully matching trained literacy volunteers with adult learners in both tutor and student-paired settings and classroom settings, literacy lubbock can provide personalized study through high-impact individualized lessons, books, and training. Ged students can obtain jobs and seek high education. Research conducted by brown university concluded that high school dropouts can increase their earning potential from 5-25% by earning a ged. English as a second languageliteracy lubbock provides individual volunteer tutors, online and in-person or small classroom instruction to adult learners who request our help to enable them to improve their english skills so they can enter the workforce, attain consumer skills, increase involvement in children's educational activities, increase pronunciation, increase oral comprehensions and fluency, and obtain citizenship. Esl students can speak english and relate their knowledge to others in the community as well as contribute to the lubbock community. Immigrants who are english proficient earn between 13%-24% more than immigrants who are not english proficient.adult basic educationby carefully matching trained literacy volunteers with adults in both tutor and adult learner paired settings literacy lubbock can provide personalized study through high impact individualized lessons, books, and training for interested adult students. If the learners show dyslexic tendencies, we can customize a program using the susan barton reading program. Adult students can fill in the missing parts of their education giving them an improved self-image and allowing them to succeed with their personal goals.

Operating model

Revenue model
Donor-supported. 93% 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. Some filing-based governance responses are negative or unanswered and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 91
  • Transparency & Controls: 92
  • Accountability: 84
  • Sustainability: 20
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 90.3%; rating input score 90
  • Fundraising efficiency: $14.3 raised per $1 spent on fundraising; rating input score 49; 49th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 5 of 8 controls in place; rating input score 62
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -59.3%; rating input score 4; 4th percentile among comparable filings
  • Total-asset coverage ratio: 0.9; rating input score 38; 38th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 43; 43rd percentile among comparable filings
  • Officer compensation ratio: 28.3%; rating input score 12; 12th percentile among comparable filings

Growth

  • Program expense growth: 2.6% per year; rating input score 100; 42nd percentile among comparable filings
  • Revenue growth: -0.4% per year; rating input score 0; 22nd percentile among comparable filings
  • Asset growth: 2.6% per year; rating input score 100; 36th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 90.3% of spending went to programs
  • Governance: 10 of 10 board members independent · 5 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $232K in reported program spending
  • Leadership: top reported pay $73K · 12 people listed
  • Consistency: 26 of 26 current checks pass
  • Schedules: 6 filed schedules · includes major donors
  • Filing history: 15 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 5 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.

  • Review — Accountability: Governance controls: 3 of 8 not reported.
  • Moderate — Financial Efficiency: Fundraising efficiency scored 49/100.
  • High — Sustainability: Operating margin scored 4/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 38/100.
  • High — Sustainability: Officer compensation ratio scored 12/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 43/100.