2023-05-16T00:59:07-05:00 2022-06-30 273263553 GALLEROS ROBINSON CPAS LLP 115 DAVIS STATION ROAD CREAM RIDGE NJ 08514 990 2021-07-01 133179618 LITERACY ASSISTANCE CENTER INC LITE 2128033300 85 BROAD STREET NEW YORK NY 10004 IRA YANKWITT EXECUTIVE DIRECTOR 2128033302 2023-05-16 IRA YANKWITT XXX-XX-XXXX LEONORA GALLEROS P00181670 7329252608 2023-05-15 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z IRA YANKWITT 85 BROAD STREET NEW YORK NY 10004 2348883 0 X WWW.LACNYC.ORG X 1983 NY THE MISSION OF THE LITERACY ASSISTANCE CENTER (LAC) IS TO STRENGTHEN AND EXPAND THE ADULT EDUCATION SYSTEM, AND TO ADVANCE ADULT LITERACY AS A CORE VALUE IN OUR SOCIETY AND A FOUNDATION FOR EQUAL OPPORTUNITY AND SOCIAL JUSTICE. 13 13 18 13 0 0 2433001 2325104 11850 22450 40 40 1289 1289 2446180 2348883 0 9000 0 0 1554918 1604198 0 0 17754 627463 677867 2182381 2291065 263799 57818 1628526 1805179 206027 324862 1422499 1480317 X THE MISSION OF THE LITERACY ASSISTANCE CENTER (LAC) IS TO STRENGTHEN AND EXPAND THE ADULT EDUCATION SYSTEM, AND TO ADVANCE ADULT LITERACY AS A CORE VALUE IN OUR SOCIETY AND A FOUNDATION FOR EQUAL OPPORTUNITY AND SOCIAL JUSTICE. SINCE 1983, THE LAC HAS BEEN WORKING TO BUILD THE CAPACITY AND IMPROVE THE QUALITY OF THE ADULT BASIC EDUCATION (ABE), ENGLISH FOR SPEAKERS OF OTHER LANGUAGES (ESOL), AND HIGH SCHOOL EQUIVALENCY (HSE) PROGRAMS THAT SERVE NEW YORK'S MOST EDUCATIONALLY AND ECONOMICALLY MARGINALIZED ADULTS AND OUT-OF-SCHOOL YOUTH. 0 0 811200 LITERACY DATA SERVICESIN FY 2022, THE LAC COMPLETED THE LAST SIX MONTHS OF THE FOURTH YEAR AND THE FIRST SIX MONTHS OF THE FIFTH YEAR OF A FIVE-YEAR CONTRACT TO MANAGE AND MAINTAIN THE NEW YORK STATE EDUCATION DEPARTMENT'S (NYSED'S) ADULT STUDENT INFORMATION SYSTEM AND TECHNICAL SUPPORT (ASISTS), THE ONLINE SYSTEM WHICH COLLECTS AND ANALYZES DATA ON APPROXIMATELY 75,000 ADULT LITERACY STUDENTS IN NEW YORK STATE EACH YEAR. ASISTS IS THE BACKBONE OF THE ACCOUNTABILITY SYSTEM EMPLOYED BY THE NYSED TO EVALUATE AND FUND OVER 150 ADULT LITERACY PROGRAMS THROUGHOUT THE STATE. 772219 22450 EDUCATIONAL ENTERPRISESIN FY 2022, THE LAC WAS CONTRACTED TO PROVIDE PROFESSIONAL DEVELOPMENT AND TECHNICAL ASSISTANCE SERVICES TO OVER 90 COMMUNITY-BASED ADULT AND ADOLESCENT LITERACY PROGRAMS AND OVER 30 OUT-OF-SCHOOL AND IN-SCHOOL YOUTH WORKFORCE DEVELOPMENT PROGRAMS FUNDED THROUGH THE NEW YORK CITY DEPARTMENT OF YOUTH AND COMMUNITY DEVELOPMENT (DYCD). THE LAC ALSO CONTINUED TO OFFER TRAINING AND TECHNICAL ASSISTANCE SERVICES ON A FEE-FOR-SERVICES BASIS TO ADULT LITERACY, HIGH SCHOOL EQUIVALENCY, AND ADULT ENGLISH LANGUAGE PROGRAMS THROUGHOUT THE UNITED STATES. 268032 RESOURCE CENTERIN FY 2022, THE LAC COMPLETED THE SECOND YEAR OF A FIVE-YEAR CONTRACT TO SERVE AS THE NEW YORK STATE EDUCATION DEPARTMENT ADULT EDUCATION PROGRAM AND POLICY TEAM'S SUPPORT AND TECHNICAL ASSISTANCE CENTER (STAC) FOR NEW YORK CITY. UNDER THE STAC, THE LAC PROVIDED ONE-ON-ONE SUPPORT AND TECHNICAL ASSISTANCE TO 16 NYSED-FUNDED ADULT LITERACY EDUCATION (ALE) PROGRAMS THROUGHOUT NYC. THE NYSED-FUNDED PROVIDERS THAT THE LAC SUPPORTS INCLUDE COMMUNITY-BASED ORGANIZATIONS, CITY UNIVERSITY OF NEW YORK COLLEGES, AND PUBLIC LIBRARIES THAT HOUSE ADULT LITERACY EDUCATION PROGRAMS. 123387 9000 123387 9000 1974838 1 1 0 1 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 6 0 1 18 1 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 NY X IRA YANKWITT 2128033302 85 BROAD STREET 16TH FLOOR NEW YORK NY 10004 ELIZABETH HORTON CHAIR 1.00 X X 0 0 0 BERTA COLON MEMBER 1.00 X 0 0 0 SUZANNE CAROTHERS MEMBER 1.00 X 0 0 0 JACQUELINE COOK MEMBER 1.00 X 0 0 0 MARIAN LAPSLEY CROSS MEMBER 1.00 X 0 0 0 JOHN GORDON MEMBER 1.00 X 0 0 0 JAYE JONES MEMBER 1.00 X 0 0 0 MICHAEL HIRSCHHORN MEMBER 1.00 X 0 0 0 IRWIN KIRSCH MEMBER 1.00 X 0 0 0 DONALD MURRAY MEMBER 1.00 X 0 0 0 J DAVID NELSON TREASURER 1.00 X X 0 0 0 MICHAEL RIVADENEYRA MEMBER 1.00 X 0 0 0 PARVONEH SHIRGIR MEMBER 1.00 X 0 0 0 IRA YANKWITT EXECUTIVE DIRECTOR 35.00 X 131954 0 26789 VENUGOPAL THELAKKAT CHIEF TECHNICAL & ADMINIST 35.00 X 119363 0 21427 251317 0 48216 2 0 0 0 NCHENG LLP 40 WALL STREET 32ND FLOOR NEW YORK NY 10005 FINANCIAL MANAGEMENT 117215 1 2210265 114839 2325104 EDUCATIONAL ENTERPRISE 611710 22450 22450 22450 40 40 OTHER INCOME 900001 1289 1289 1289 2348883 22450 0 1329 9000 9000 314320 269291 37607 7422 1037709 957454 75429 4826 26628 24160 2227 241 128248 116840 10270 1138 97293 88278 8134 881 138949 138949 37413 35372 1942 99 42873 38292 4291 290 226154 225582 572 182697 165768 15274 1655 11095 11095 9113 8038 1075 12021 10907 1005 109 15105 13705 1263 137 MISCELLANEOUS 2447 1056 435 956 2291065 1974838 298473 17754 960159 697271 157758 178400 440405 874997 8870 6180 17821 10384 81675 71073 16168 10602 27345 27345 1628526 1805179 193492 229104 12535 95758 206027 324862 X 1374239 1426807 48260 53510 1422499 1480317 1628526 1805179 57818 0 X 0 1 X 1 1 1 X 1919626 2071814 2099651 2433011 2325104 10849206 1919626 2071814 2099651 2433011 2325104 10849206 10849206 545 748 380 99 40 1812 2432 1093 1289 4814 10855832 171934 0.99940 0.99930 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 9342 0 1 0 0 0 0 0 0 0 0 0 PART I-A, LINE 1: THE LAC ENGAGES IN DIRECT AND GRASSROOT LOBBYING ACTIVITIES AT THE STATE AND CITY LEVEL TO ADVOCATE FOR INCREASED FUNDING FOR ADULT LITERACY EDUCATION. 81675 71073 10602 10602 FUNDS HELD FOR OTHERS 95758 95758 X 2442252 93369 93369 2348883 0 2348883 2384434 93369 93369 2291065 0 2291065 PART X, LINE 2: MANAGEMENT HAS DETERMINED THAT THE ORGANIZATION HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION. THE ORGANIZATION IS NO LONGER SUBJECT TO AUDITS BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO 2019. 1 PART I, LINE 2: LAC NEEDS TO SUBMIT ONE WRITTEN REPORT TO THE GRANTOR ON THE DISPOSITION OF THE GRANT PROCEEDS. THE REPORT SHOULD DESCRIBE: 1. THE GOALS SET FOR THE PROJECT DURING THE GRANT PERIOD 2. ANY PROGRESS OR SETBACKS RELATIVE TO THESE GOALS 3. OTHER FUNDING RECEIVED FOR THIS PROJECT AND HOW IT WAS USED 4. MAJOR STAFFING AND PROGRAMMATIC CHANGES LAC AGREES TO SHOW THESE GRANT FUNDS SEPARATELY ON ITS BOOKS; HOWEVER, LAC IS NOT REQUIRED TO SEGREGATE THESE FUNDS IN A SEPARATE BANK ACCOUNT. ALL EXPENDITURES MADE FOR THE PURPOSES OF THE GRANT SHALL APPEAR ON LAC'S BOOKS. LAC AGREES TO MAKE SUCH BOOKS AND RECORDS AVAILABLE TO THE GRANTOR AT REASONABLE TIMES UPON REQUEST AND TO KEEP COPIES OF ALL BOOKS, RECORDS, AND REPORTS TO GRANTOR FOR AT LEAST FOUR YEARS AFTER THE GRANT TERM HAS ENDED. FORM 990, PART VI, SECTION B, LINE 11B COPIES OF THE FORM 990 ARE ELECTRONICALLY DISTRIBUTED TO THE FULL BOARD PRIOR TO FILING AND MADE AVAILABLE TO THE FULL BOARD AT THE NEXT MEETING SUBSEQUENT TO FILING. FORM 990, PART VI, SECTION B, LINE 12C LAC ADOPTED A WRITTEN CONFLICT OF INTEREST POLICY IN JUNE 2021. ALL OFFICERS AND DIRECTORS ARE REQUIRED TO DISCLOSE ANNUAL INTERESTS THAT COULD GIVE RISE TO CONFLICTS OF INTERESTS. ALL DISCLOSURES OF INTERESTS ARE COMPILED AND REPORTED BY MANAGEMENT TO THE BOARD. THE BOARD SHALL DETERMINE IF THE RESPONSES TO QUESTIONNAIRES ARE APPROPRIATE. FORM 990, PART VI, SECTION B, LINE 15A LAC MAINTAINS A COMPETITIVE COMPENSATION PLAN FOR THE EXECUTIVE DIRECTOR AND TOP MANAGEMENT OFFICIALS. THE GOVERNANCE COMMITTEE REVIEWS AND ANALYZES COMPARABILITY DATA WHICH IS THEN REVIEWED BY FINANCE COMMITTEE. FINANCE COMMITTEE MAKES RECOMMENDATIONS AND THE FINAL COMPENSATION PLAN IS APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CHARTER AND BY-LAWS, AND FINANCIAL REPORTS ARE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST ADDRESSED TO AN OFFICER OF THE CORPORATION AT 85 BROAD STREET, 16TH FLOOR, NEW YORK, NY 10004.