Literacy Volunteers of Union County Inc

Nonprofit profile at a glance

EIN
223087725
IRS 990 coverage
2012–2012
Forms available
Form 990 2012, Form 990-EZ 2011
Location
Roselle, NJ, USA
Phone
9087571111
Rating confidence
Limited
Sector
Adult, Continuing Education

Official website

Reported finances

Revenue
$275,544
Expenses
$240,485
Assets
$127,157
Liabilities
$6,070

Source: IRS Form 990. Selected filing: tax year 2012. Amounts in USD.

Leadership & pay

13 people listed

Source: IRS Form 990. Selected filing: tax year 2012. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Literacy Volunteers of Union County, Inc. is a non-profit organization that improves the lives of adults in our county by teaching them to read, write, and speak English so they can participate more fully in family, workplace and community life. LV-UC provides quality instruction to adult learners by training, mobilizing and supporting volunteers as certified tutors in basic literacy, life skills and english as a Second language.

What it reported doing in 2012

Lv-uc provided services for adult basic skills, english as second language and ged for over 500 students.

Operating model

Revenue model
Donor-supported. 72% 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

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 90
  • Accountability: 90
  • Sustainability: 50
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 60th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 6 of 8 controls in place; rating input score 75
    • 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: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 12.7%; rating input score 73; 73rd percentile among comparable filings
  • Total-asset coverage ratio: 0.53; rating input score 28; 28th percentile among comparable filings
  • Liabilities to assets ratio: 0.05; rating input score 46; 46th percentile among comparable filings
  • Officer compensation ratio: 22.2%; rating input score 18; 18th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 56.2% per year; rating input score 100; 95th percentile among comparable filings
  • Asset growth: 14.1% per year; rating input score 100; 77th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 13 of 13 board members independent · 6 of 8 filing controls reported
  • Programs: 3 filed program accomplishments · $175K in reported program spending
  • Leadership: top reported pay $53K · 13 people listed
  • Consistency: 20 of 20 current checks pass
  • Schedules: 4 filed schedules
  • 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.

  • Review — Accountability: Governance controls: 2 of 8 not reported.
  • High — Sustainability: Total-asset coverage ratio scored 28/100.
  • High — Sustainability: Officer compensation ratio scored 18/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 46/100.