LITERACY INC: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization: LITERACY INC (EIN 13-3911331)
Tax period: 2023-07-01 to 2024-06-30
Filed: 2025-04-28
IRS object ID: 202541189349301969
Schema version: 2023v6.0
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule D
Schedule G
Schedule M
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2025-04-28T14:24:58-05:00	ReturnTs
Tax Period End	2024-06-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	133628255	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	CONDON O'MEARA MCGINTY & DONNELLY LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	ONE BATTERY PARK PLAZA 7TH FL	AddressLine1Txt
City	NEW YORK	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	10004	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2023-07-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	133911331	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	LITERACY INC	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	LITE	BusinessNameControlTxt
Phone	2126205462	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	5030 BROADWAY 641	AddressLine1Txt
City	NEW YORK	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	10034	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	KOSHA UDANI	PersonNm
Person Title	TREASURER	PersonTitleTxt
Phone	2126205462	PhoneNum
Signature	2025-04-28	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	0	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	ALEXANDER LAZZARUOLO	PreparerPersonNm
PTIN	P01775353	PTIN
Phone	2126617777	PhoneNum

Field	Value	IRS element (for citing)
Tax	2023	TaxYr
Build TS	2025-03-06 01:10:19Z	BuildTS

Form 990 IRS990

Doing Business As Name DoingBusinessAsName

Field	Value	IRS element (for citing)
Business Name Line1	LINC	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Principal Officer	KOSHA UDANI	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	5030 BROADWAY 641	AddressLine1Txt
City	NEW YORK	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	10034	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$12,336,022	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	WWW.LINCNYC.ORG	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1996	FormationYr
Legal Domicile State	NY	LegalDomicileStateCd
Activity Or Mission	LINC EQUIPS CHILDREN WITH FOUNDATIONAL LITERACY SKILLS BY EMPOWERING FAMILIES AND COMMUNITIES.	ActivityOrMissionDesc
Voting Members Governing Body	25	VotingMembersGoverningBodyCnt
Voting Members Independent	25	VotingMembersIndependentCnt
Total Employee	57	TotalEmployeeCnt
Total Volunteers	26	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$5,022,611	PYContributionsGrantsAmt
CY Contributions Grants	$7,362,122	CYContributionsGrantsAmt
PY Program Service Revenue	$0	PYProgramServiceRevenueAmt
CY Program Service Revenue	$0	CYProgramServiceRevenueAmt
PY Investment Income	$19,299	PYInvestmentIncomeAmt
CY Investment Income	$139,194	CYInvestmentIncomeAmt
PY Other Revenue	$49,887	PYOtherRevenueAmt
CY Other Revenue	$814,230	CYOtherRevenueAmt
PY Total Revenue	$5,091,797	PYTotalRevenueAmt
CY Total Revenue	$8,315,546	CYTotalRevenueAmt
PY Grants And Similar Paid	$0	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$3,776,548	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$4,413,029	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$513,694	CYTotalFundraisingExpenseAmt
PY Other Expenses	$1,379,346	PYOtherExpensesAmt
CY Other Expenses	$1,287,328	CYOtherExpensesAmt
PY Total Expenses	$5,155,894	PYTotalExpensesAmt
CY Total Expenses	$5,700,357	CYTotalExpensesAmt
PY Revenues Less Expenses	-$64,097	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$2,615,189	CYRevenuesLessExpensesAmt
Total Assets BOY	$6,536,572	TotalAssetsBOYAmt
Total Assets EOY	$9,133,070	TotalAssetsEOYAmt
Total Liabilities BOY	$556,645	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$480,370	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$5,979,927	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$8,652,700	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	SEE SCHEDULE O	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$4,691,706	ExpenseAmt
Desc	LINC DELIVERED 692 READING PROGRAMS FOR FAMILIES WITH CHILDREN BIRTH TO 5 ACROSS 9 NEIGHBORHOODS AND VIRTUALLY. WE WORKED WITH MORE THAN 100 PROGRAM PARTNERS, INCLUDING LIBRARIES, TO DELIVER 273 PARENT WORKSHOPS, 164 READING EVERYWHERE PROGRAMS, 242 READING DISCOVERY PROGRAMS, AND 13 READING CELEBRATIONS. LINC SERVED 3,116 FAMILIES, ENGAGING OVER 900 CAREGIVERS TO RETURN AND BECOME LEADERS AND DEVELOPING 302 CAREGIVERS INTO CHAMPIONS. NEARLY 200 FAMILIES PARTICIPATED IN DIVERSITY THROUGH LITERACY EVENTS IN APRIL 2024 AND 60 FAMILIES PARTICIPATED IN READING ON THE RAILS IN JULY 2023. LINC COORDINATES CITY'S FIRST READERS, A COLLABORATION OF 17 NYC NONPROFIT ORGANIZATIONS THAT REACHED 1 MILLION FAMILIES LAST YEAR.	Desc
Total Program Service Expenses	$4,691,706	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (1)	DescribedInSection501c3Ind
Schedule B Required	Yes (1)	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Lobbying Activities	0	LobbyingActivitiesInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	0	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Donor Rstr Or Quasi Endowments	Yes (1)	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	Yes (1)	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	0	ReportOtherAssetsInd
Report Other Liabilities	Yes (1)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	0	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (1)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	ConsolidatedAuditFinclStmtInd
School Operating	0	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	0	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	Yes (1)	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	0	GrantsToOrganizationsInd
Grants To Individuals	0	GrantsToIndividualsInd
Schedule J Required	0	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Engaged In Excess Benefit Trans	0	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	0	PYExcessBenefitTransInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	0	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	Yes (1)	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	0	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	0	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	14	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	57	EmployeeCnt
Employment Tax Returns Filed	Yes (1)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Quid Pro Quo Contributions	0	QuidProQuoContributionsInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	0	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	25	GoverningBodyVotingMembersCnt
Independent Voting Member	25	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	0	MembersOrStockholdersInd
Election Of Board Members	0	ElectionOfBoardMembersInd
Decisions Subject To Approva	0	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (1)	WhistleblowerPolicyInd
Document Retention Policy	Yes (1)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (1)	CompensationProcessCEOInd
Compensation Process Other	Yes (1)	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	NY	StatesWhereCopyOfReturnIsFldCd
Own Website	Yes (X)	OwnWebsiteInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	JESSICA GOLDFARB COO & ELIZABETH MCGOWAN GRANT MANAGER	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	2126205462	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	5030 BROADWAY 641	AddressLine1Txt
City	NEW YORK	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	10034	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (30 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	Highest Compensated EmployeeHighestCompensatedEmployeeInd
CARLOS RODRIGUEZ
CHAIR	2.00	Yes (X)	Yes (X)	$0	$0	$0
MARY FRATTO ROWE
VICE CHAIR	2.00	Yes (X)	Yes (X)	$0	$0	$0
ROBERT SPIERER
SECRETARY	2.00	Yes (X)	Yes (X)	$0	$0	$0
KOSHA UDANI
TREASURER	2.00	Yes (X)	Yes (X)	$0	$0	$0
TRACY DOCKRAY
DIRECTOR	2.00	Yes (X)		$0	$0	$0
WILLIAM ESTILO
DIRECTOR	2.00	Yes (X)		$0	$0	$0
CARL FOLTA
DIRECTOR	2.00	Yes (X)		$0	$0	$0
JOHN GALISKI
DIRECTOR	2.00	Yes (X)		$0	$0	$0
JOHN HALLEY
DIRECTOR	2.00	Yes (X)		$0	$0	$0
JORDAN HALPERN-LEISTNER
DIRECTOR	2.00	Yes (X)		$0	$0	$0
HELENE JAFFE
DIRECTOR	2.00	Yes (X)		$0	$0	$0
NAHID LAKHANI
DIRECTOR	2.00	Yes (X)		$0	$0	$0
DAN LEE
DIRECTOR	2.00	Yes (X)		$0	$0	$0
JAMES E LIEBER
DIRECTOR	2.00	Yes (X)		$0	$0	$0
PAT MITCHELL
DIRECTOR	2.00	Yes (X)		$0	$0	$0
ANDREA NEWBORN
DIRECTOR	2.00	Yes (X)		$0	$0	$0
SUSAN ELKIND ORCHANT
DIRECTOR	2.00	Yes (X)		$0	$0	$0
JOHN PANTALENA
DIRECTOR	2.00	Yes (X)		$0	$0	$0
VICTOR PICHARDO JR
DIRECTOR	2.00	Yes (X)		$0	$0	$0
CLARE PREMO PEREZ
DIRECTOR	2.00	Yes (X)		$0	$0	$0
RON RENTEL
DIRECTOR	2.00	Yes (X)		$0	$0	$0
ANN SHORT
DIRECTOR	2.00	Yes (X)		$0	$0	$0
ANDREW SPRING
DIRECTOR	2.00	Yes (X)		$0	$0	$0
STEPHANIE YOUNG
DIRECTOR	2.00	Yes (X)		$0	$0	$0
SONIA ORTIZ-GULARDO
DIRECTOR	2.00	Yes (X)		$0	$0	$0
SHARI LEVINE
CHIEF EXECUTIVE OFFICER	40.00		Yes (X)	$120,968	$0	$13,152
CARLA GODOY
DEPUTY DIRECTOR	40.00			$147,008	$0	$2,940	Yes (X)
EMMANUEL NOVY
CHIEF OF STRATEGIC INITIATIVES	40.00			$133,008	$0	$2,137	Yes (X)
KATIE GARDNER-BOEHM
CHIEF OF STAFF/ MAJOR GIFTS OFFICER	40.00			$126,300	$0	$7,482	Yes (X)
JESSICA GOLDFARB
CHIEF OPERATING OFFICER	40.00			$119,610	$0	$13,392	Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$646,894	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$39,103	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	5	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	0	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (2 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
SHARED VALUE MEDIA
3951 HIGUERA STREET	CULVER CITY	CA	90232	MARKETING & MEDIA SUPPORT	$265,440
APTER & O'CONNOR
8473 E SENECA TURNPIKE	MANLUIS	NY	13104	PROGRAM EVALUATION CONSULTING	$145,000

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	2	CntrctRcvdGreaterThan100KCnt
Fundraising	$595,802	FundraisingAmt
Government Grants	$2,244,518	GovernmentGrantsAmt
All Other Contributions	$4,521,802	AllOtherContributionsAmt
Noncash Contributions	$155,515	NoncashContributionsAmt
Total Contributions	$7,362,122	TotalContributionsAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$88,942	TotalRevenueColumnAmt
Exclusion	$88,942	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$3,887,963	SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$3,837,711	SecuritiesAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$50,252	SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$50,252	TotalRevenueColumnAmt
Exclusion	$50,252	ExclusionAmt

Field	Value	IRS element (for citing)
Fundraising Gross Income	$182,765	FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event	$595,802	ContriRptFundraisingEventAmt
Fundraising Direct Expenses	$182,765	FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	ExclusionExclusionAmt
CARES ACT - ERTC	900099	$758,481	$758,481
OTHER REVENUE	900099	$55,749	$55,749

Field	Value	IRS element (for citing)
Other Revenue Total	$814,230	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$8,315,546	TotalRevenueColumnAmt
Related Or Exempt Func Income	$0	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$953,424	ExclusionAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part IX	Yes (X)	InfoInScheduleOPartIXInd

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$159,086	TotalAmt
Program Services	$129,863	ProgramServicesAmt
Management And General	$13,313	ManagementAndGeneralAmt
Fundraising	$15,910	FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$3,573,432	TotalAmt
Program Services	$2,917,023	ProgramServicesAmt
Management And General	$299,043	ManagementAndGeneralAmt
Fundraising	$357,366	FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$55,748	TotalAmt
Program Services	$45,508	ProgramServicesAmt
Management And General	$4,665	ManagementAndGeneralAmt
Fundraising	$5,575	FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$322,791	TotalAmt
Program Services	$263,497	ProgramServicesAmt
Management And General	$27,013	ManagementAndGeneralAmt
Fundraising	$32,281	FundraisingAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$301,972	TotalAmt
Program Services	$246,503	ProgramServicesAmt
Management And General	$25,270	ManagementAndGeneralAmt
Fundraising	$30,199	FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$5,000	TotalAmt
Program Services	$3,720	ProgramServicesAmt
Management And General	$1,193	ManagementAndGeneralAmt
Fundraising	$87	FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$84,514	TotalAmt
Program Services	$62,869	ProgramServicesAmt
Management And General	$20,167	ManagementAndGeneralAmt
Fundraising	$1,478	FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$686,933	TotalAmt
Program Services	$569,282	ProgramServicesAmt
Management And General	$83,115	ManagementAndGeneralAmt
Fundraising	$34,536	FundraisingAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$72,477	TotalAmt
Program Services	$61,530	ProgramServicesAmt
Management And General	$4,667	ManagementAndGeneralAmt
Fundraising	$6,280	FundraisingAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$10,725	TotalAmt
Program Services	$9,105	ProgramServicesAmt
Management And General	$691	ManagementAndGeneralAmt
Fundraising	$929	FundraisingAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$103,653	TotalAmt
Program Services	$87,996	ProgramServicesAmt
Management And General	$6,675	ManagementAndGeneralAmt
Fundraising	$8,982	FundraisingAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$21,029	TotalAmt
Program Services	$17,853	ProgramServicesAmt
Management And General	$1,354	ManagementAndGeneralAmt
Fundraising	$1,822	FundraisingAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt	FundraisingFundraisingAmt
PROGRAM EXPENSE	$164,495	$161,754	$1,168	$1,573
MISCELLANEOUS	$96,425	$74,126	$5,623	$16,676
DONATED BOOKS / MATERIA	$42,077	$41,077	$1,000

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$5,700,357	TotalAmt
Program Services	$4,691,706	ProgramServicesAmt
Management And General	$494,957	ManagementAndGeneralAmt
Fundraising	$513,694	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$435,619	BOYAmt
EOY	$565,048	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$532,364	BOYAmt
EOY	$420,372	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$3,264,644	BOYAmt
EOY	$2,262,716	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$168,746	BOYAmt
EOY	$38,249	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$51,597	BOYAmt
EOY	$49,035	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$24,381	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$24,381	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$2,071,582	BOYAmt
EOY	$5,686,992	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$12,020	BOYAmt
EOY	$110,658	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$6,536,572	BOYAmt
EOY	$9,133,070	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$556,645	BOYAmt
EOY	$171,919	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$308,451	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$556,645	BOYAmt
EOY	$480,370	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$3,423,181	BOYAmt
EOY	$3,960,171	EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$2,556,746	BOYAmt
EOY	$4,692,529	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$5,979,927	BOYAmt
EOY	$8,652,700	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$6,536,572	BOYAmt
EOY	$9,133,070	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	$2,615,189	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	$57,584	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	$0	OtherChangesInNetAssetsAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (1)	AuditCommitteeInd
Federal Grant Audit Required	Yes (1)	FederalGrantAuditRequiredInd
Federal Grant Audit Performed	Yes (1)	FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Public Organization170	Yes (X)	PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$3,948,046	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$3,843,842	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$6,508,013	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$5,022,611	CurrentTaxYearMinus1YearAmt
Current Tax Year	$7,362,122	CurrentTaxYearAmt
Total	$26,684,634	TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$3,948,046	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$3,843,842	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$6,508,013	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$5,022,611	CurrentTaxYearMinus1YearAmt
Current Tax Year	$7,362,122	CurrentTaxYearAmt
Total	$26,684,634	TotalAmt

Field	Value	IRS element (for citing)
Substantial Contributors Tot	$3,579,680	SubstantialContributorsTotAmt
Public Support Total170	$23,104,954	PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$530	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$234	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$368	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$15,130	CurrentTaxYearMinus1YearAmt
Current Tax Year	$88,942	CurrentTaxYearAmt
Total	$105,204	TotalAmt

Other Income170 OtherIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus2 Years	$181,310	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$49,887	CurrentTaxYearMinus1YearAmt
Current Tax Year	$814,230	CurrentTaxYearAmt
Total	$1,045,427	TotalAmt

Field	Value	IRS element (for citing)
Total Support	$27,835,265	TotalSupportAmt
Gross Receipts Rltd Activities	$71,667	GrossReceiptsRltdActivitiesAmt
Public Support CY170	0.83010	PublicSupportCY170Pct
Public Support PY170	0.82140	PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170	Yes (X)	ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

Field	Value	IRS element (for citing)
Form And Line Reference	SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:	FormAndLineReferenceDesc
Explanation	MISCELLANEOUS - 2022 AMOUNT: $ 49,887. 2023 AMOUNT: $ 55,749. ERTC - 2021 AMOUNT: $ 181,310. 2023 AMOUNT: $ 758,481.	ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Total Contributions	RESTRICTED	TotalContributionsAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$3,556,746	BeginningYearBalanceAmt
Contributions	$3,940,763	ContributionsAmt
Other Expenditures	$1,804,980	OtherExpendituresAmt
End Year Balance	$5,692,529	EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$2,793,873	BeginningYearBalanceAmt
Contributions	$1,925,000	ContributionsAmt
Other Expenditures	$2,162,127	OtherExpendituresAmt
End Year Balance	$3,556,746	EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$1,452,711	BeginningYearBalanceAmt
Contributions	$2,946,000	ContributionsAmt
Other Expenditures	$1,604,838	OtherExpendituresAmt
End Year Balance	$2,793,873	EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$1,567,296	BeginningYearBalanceAmt
Contributions	$1,091,000	ContributionsAmt
Other Expenditures	$1,205,585	OtherExpendituresAmt
End Year Balance	$1,452,711	EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$1,308,562	BeginningYearBalanceAmt
Contributions	$1,400,550	ContributionsAmt
Other Expenditures	$1,141,816	OtherExpendituresAmt
End Year Balance	$1,567,296	EndYearBalanceAmt

Field	Value	IRS element (for citing)
Board Designated Balance EOY	0.17566	BoardDesignatedBalanceEOYPct
Term Endowment Balance EOY	0.82433	TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org	0	EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org	0	EndowmentsHeldRelatedOrgInd

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$24,381	OtherCostOrOtherBasisAmt
Depreciation	$24,381	DepreciationAmt
Book Value	$0	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$0	TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp

Field	Value	IRS element (for citing)
Desc	INVESTMENTS IN U.S. TREASURY BILLS	Desc
Book Value	$5,686,992	BookValueAmt
Method Valuation	F	MethodValuationCd

Field	Value	IRS element (for citing)
Total Book Value Securities	$5,686,992	TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

Field	Value	IRS element (for citing)
Desc	OPERATING LEASE PAYABLE	Desc
Amt	$308,451	Amt

Field	Value	IRS element (for citing)
Total Liability	$308,451	TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt	$8,426,712	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	$57,584	NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts	$53,582	DonatedServicesAndUseFcltsAmt
Revenue Not Reported	$111,166	RevenueNotReportedAmt
Revenue Subtotal	$8,315,546	RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt	$0	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$8,315,546	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$5,753,939	TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts	$53,582	DonatedServicesUseFcltsAmt
Expenses Not Reported	$53,582	ExpensesNotReportedAmt
Expenses Subtotal	$5,700,357	ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt	$0	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$5,700,357	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART V, LINE 4:	FormAndLineReferenceDesc
Explanation	TEMPORARILY RESTRICTED NET ASSETS CONSIST OF CONTRIBUTIONS THAT ARE RESTRICTED BY THE DONOR FOR A SPECIFIC PROJECT OR PURPOSE OR RELATE TO FUTURE PERIODS. DURING MARCH 2023, THE BOARD OF DIRECTORS APPROVED THE ESTABLISHMENT OF A BOARD DESIGNATED FUND WHICH WAS FUNDED BY A $1,000,000 TRANSFER FROM UNDESIGNATED WITHOUT DONOR RESTRICTED FUNDS. THE PURPOSE OF THIS FUND IS TO ENABLE LINC TO UNDERTAKE PROJECTS NOT OTHERWISE SUPPORTED BY LINC'S REGULAR FUNDRAISING AND OTHER REVENUE-GENERATING ACTIVITIES, SUPPORT ESTABLISHED PROGRAM PRIORITIES, SUPPORT CAPITAL EXPENDITURES, HELP OFFSET OPERATING DEFICITS OR UNBUDGETED EXPENDITURES, AND SUPPORT OTHER PROGRAMS, ACTIVITIES AND OPERATIONS.	ExplanationTxt

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

Field	Value	IRS element (for citing)
Event1	GALA	Event1Nm
Gross Receipts Event1	$778,567	GrossReceiptsEvent1Amt
Charitable Contri Event1	$595,802	CharitableContriEvent1Amt
Gross Revenue Event1	$182,765	GrossRevenueEvent1Amt
Other Direct Expenses Event1	$182,765	OtherDirectExpensesEvent1Amt
Gross Receipts Total	$778,567	GrossReceiptsTotalAmt
Charitable Contributions Tot	$595,802	CharitableContributionsTotAmt
Gross Revenue Total Events	$182,765	GrossRevenueTotalEventsAmt
Oth Direct Expnss Total Events	$182,765	OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events	$182,765	DirectExpenseSummaryEventsAmt
Net Income Summary	$0	NetIncomeSummaryAmt

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	8	ContributionCnt
Noncash Contributions Rpt F990	$113,438	NoncashContributionsRptF990Amt
Method Of Determining Revenues	FMV	MethodOfDeterminingRevenuesTxt

Other Non Cash Contri Table OtherNonCashContriTableGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Desc	BOOKS/MATERIALS	Desc
Contribution	10	ContributionCnt
Noncash Contributions Rpt F990	$42,077	NoncashContributionsRptF990Amt
Method Of Determining Revenues	FMV	MethodOfDeterminingRevenuesTxt

Field	Value	IRS element (for citing)
Any Property That Must Be Held	0	AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts	0	ReviewProcessUnusualNCGiftsInd
Third Parties Used	0	ThirdPartiesUsedInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART III, LINE 1	LITERACY INC. EQUIPS CHILDREN WITH FOUNDATIONAL LITERACY SKILLS ESSENTIAL FOR ACADEMIC ACHIEVEMENT BY EMPOWERING FAMILIES AND MOBILIZING THE COMMUNITY.
FORM 990, PART VI, SECTION B, LINE 11B	A DRAFT OF THE FORM 990 IS E-MAILED TO BOARD MEMBERS FOR COMMENT BEFORE FILING.
FORM 990, PART VI, SECTION B, LINE 12C	TO REGULARLY MONITOR AND ENFORCE COMPLIANCE WITH THE LINC'S CONFLICT OF INTEREST POLICY, ANNUAL CONFLICT OF INTEREST STATEMENTS ARE SIGNED.
FORM 990, PART VI, SECTION B, LINE 15	THE BOARD OF DIRECTORS CONDUCTS A YEARLY PERFORMANCE REVIEW OF THE EXECUTIVE DIRECTOR AND SETS THE SALARY FOR THE NEW YEAR. THIS IS DONE IN SEPTEMBER.
FORM 990, PART VI, SECTION C, LINE 19	LINC MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AVAILABLE UPON REQUEST. FINANCE HAS A GOOGLE DRIVE LOCATION FOR ALL POLICIES , HANDBOOKS AND PROCESS MEMOS. THE FINANCIAL STATEMENTS ARE AVAILABLE ON THE LINC WEBSITE.
FORM 990, PART IX, LINE 11G	PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 158,878. MANAGEMENT AND GENERAL EXPENSES 50,965. FUNDRAISING EXPENSES 3,735. TOTAL EXPENSES 213,578. STAFF DEVELOPMENT & TRAINING: PROGRAM SERVICE EXPENSES 39,570. MANAGEMENT AND GENERAL EXPENSES 3,001. FUNDRAISING EXPENSES 4,039. TOTAL EXPENSES 46,610. CONSULTANTS: PROGRAM SERVICE EXPENSES 361,033. MANAGEMENT AND GENERAL EXPENSES 28,405. FUNDRAISING EXPENSES 25,762. TOTAL EXPENSES 415,200. PAYROLL PROCESSING SERVICES: PROGRAM SERVICE EXPENSES 9,801. MANAGEMENT AND GENERAL EXPENSES 744. FUNDRAISING EXPENSES 1,000. TOTAL EXPENSES 11,545.