Racine Literacy Council Inc
Nonprofit profile at a glance
- EIN
- 510190214
- IRS 990 coverage
- 2012–2024
- Forms available
- Form 990 2024, Form 990-EZ 2019
- Location
- Racine, WI, USA
- Phone
- 2626329495
- Rating
- 75
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $386,514
- Expenses
- $389,542
- Assets
- $265,237
- Liabilities
- $59,159
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- James Hooper (President)
- Atif Taj (Vice President)
Highest reported compensation
- Laura Sumner Coon (Executive Dir.): $94,526 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide reading and writing instruction to racine county residents through the use of trained volunteer tutors.
What it reported doing in 2024
First accomplishment basic literacy - the lack of basic literacy skills has proven to contribute to lower paying jobs, crime, lack of civic and community involvement, and low self-esteem. Our basic literacy program caters to students with low literacy skills in reading, writing, and math. This curriculum is a student-centered program that caters to adults. Our program includes a variety of levels, from reading and writing for beginners to ged test prep. English language learner - communicating in the english language is essential for success in the united states. We have designed an ell program to assist adults in speaking, understanding, reading, and writing english. Ell students come to the rlc seeking to improve their english at work, communicate better in the schools of their children, and be better advocates for themselves in the community. In addition to tutoring, ell students can participate in additional conversation or computer classes. Eligible students may choose to take the citizenship class, offered 3-4x a year. All additional programs currently scheduled include ged prep classes, written driver's license / commercial drivers license test tutoring, health literacy, financial literacy, microsoft office for beginners excel, word, powerpoint, and basic computer literacy.
Operating model
- Revenue model
- Donor-supported. 95% 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.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - 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 expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 68
- Transparency & Controls: 87
- Accountability: 79
- Sustainability: 31
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 77.3%; rating input score 77
- Program expense ratio: 76.5%; rating input score 76
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 93.8%; rating input score 94; 27th 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: 4 of 8 controls in place; rating input score 50
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -0.8%; rating input score 37; 37th percentile among comparable filings
- Total-asset coverage ratio: 0.68; rating input score 31; 31st percentile among comparable filings
- Liabilities to assets ratio: 0.22; rating input score 19; 19th percentile among comparable filings
- Officer compensation ratio: 24.3%; rating input score 15; 15th percentile among comparable filings
Growth
- Program expense growth: 2.5% per year; rating input score 100; 42nd percentile among comparable filings
- Revenue growth: 0.4% per year; rating input score 100; 26th percentile among comparable filings
- Asset growth: -4.7% per year; rating input score 0; 11th percentile among comparable filings
Details
- Where the money goes: 77.3% of revenue deployed · 76.5% of spending went to programs
- Governance: 11 of 11 board members independent · 4 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $298K in reported program spending
- Leadership: top reported pay $95K · 12 people listed
- Consistency: 31 of 32 current checks pass · 1 finding to review
- Schedules: 5 filed schedules · includes major donors
- Filing history: 12 filing years from 2012 to 2024
- Contacts: How to reach this organization
- Money network: 2 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: 4 of 8 not reported.
- Moderate — Sustainability: Operating margin scored 37/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 31/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- High — Sustainability: Officer compensation ratio scored 15/100.
- High — Sustainability: Liabilities to assets ratio scored 19/100.