2022-05-16T10:13:17-05:00 2021-06-30 133628255 CONDON O'MEARA MCGINTY & DONNELLY LLP ONE BATTERY PARK PLAZA 7TH FL NEW YORK NY 10004 990 2020-07-01 133911331 LITERACY INC LITE 2126205462 5030 BROADWAY NO 641 NEW YORK NY 10034 JACQUELINE A KAIKO TREASURER 2126205462 2022-04-05 1 JACQUELINE KAIKO 999009999 ALEXANDER LAZZARUOLO P01775353 2126617777 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z LINC JACQUELINE A KAIKO 5030 BROADWAY NO 641 NEW YORK NY 10034 5341553 0 X WWW.LINCNYC.ORG X 1996 NY TO ENGAGE FAMILIES AND COMMUNITIES TO SUPPORT YOUNG READERS IN HIGH NEED AREAS. 26 26 51 110 0 0 4039746 3843842 49500 22167 2839 -1304 49064 35000 4141149 3899705 0 0 0 0 2722457 2681012 49064 35000 455790 826192 833643 3597713 3549655 543436 350050 4273397 4595330 812407 784841 3460990 3810489 X SEE SCHEDULE O 0 0 2810819 22167 SEE SCHEDULE O 2810819 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 0 1 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 16 0 1 51 1 0 0 0 0 0 0 0 0 0 0 0 0 X 26 26 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X X X SHARI LEVINE 2126205462 5030 BROADWAY NO 641 NEW YORK NY 10034 CARLOS RODRIGUEZ CHAIRPERSON 2.00 X X 0 0 0 MARY FRATTO ROWE VICE CHAIR 2.00 X X 0 0 0 JACQUELINE A KAIKO TREASURER 2.00 X X 0 0 0 KOSHA UDANI ASSISTANT TREASURER 2.00 X X 0 0 0 ROBERT E SPIERER SECRETARY 2.00 X X 0 0 0 MIMI LEVIN LIEBER FOUNDER 2.00 X 0 0 0 CARL D FOLTA DIRECTOR 2.00 X 0 0 0 SONIA ORTIZ-GULARDO DIRECTOR 2.00 X 0 0 0 DONOVAN CAMPBELL DIRECTOR 2.00 X 0 0 0 STEVEN CRABBE DIRECTOR 2.00 X 0 0 0 TRACY DOCKRAY DIRECTOR 2.00 X 0 0 0 JOHN HALLEY DIRECTOR 2.00 X 0 0 0 HELENE D JAFFE DIRECTOR 2.00 X 0 0 0 DAN LEE DIRECTOR 2.00 X 0 0 0 JOHN PANTALENA DIRECTOR 2.00 X 0 0 0 STEPHANIE YOUNG DIRECTOR 2.00 X 0 0 0 RON RENTEL DIRECTOR 2.00 X 0 0 0 ANN SHORT DIRECTOR 2.00 X 0 0 0 SUSAN ELKIND ORCHANT DIRECTOR 2.00 X 0 0 0 JOHN GALISKI DIRECTOR 2.00 X 0 0 0 ANDREW SPRING DIRECTOR 2.00 X 0 0 0 SYLVAIN GRANDE DIRECTOR 2.00 X 0 0 0 NASREEN DAVIDSON DIRECTOR 2.00 X 0 0 0 CLARE PREMO PEREZ DIRECTOR 2.00 X 0 0 0 JORDAN HALPERN-LEISTNER DIRECTOR 2.00 X 0 0 0 NAHID LAKHANI DIRECTOR 2.00 X 0 0 0 SHARI LEVINE EXECUTIVE DIRECTOR 40.00 X 112500 0 41181 112500 0 41181 1 0 1 0 0 655547 1616318 1571977 115039 3843842 FEES FOR SERVICES 900099 22167 22167 22167 234 234 1427582 1429120 -1538 -1538 -1538 47728 655547 12728 35000 35000 3899705 22167 0 33696 159029 126225 12895 19909 2187695 1736424 177385 273886 17031 13518 1381 2132 125453 99574 10172 15707 191804 152239 15552 24013 51111 43266 6799 1046 35000 35000 309313 214410 43059 51844 37844 27765 5700 4379 73312 57895 7082 8335 715 568 57 90 12757 10126 1034 1597 PROGRAM EXPENSE 239400 239400 CONTRIBUTED BOOKS AND M 55297 55297 MISCELLANEOUS 53894 34112 1930 17852 3549655 2810819 283046 455790 2529004 1295471 294922 1777340 1102102 853474 53739 24908 26251 28546 24381 23309 1787 1072 249922 599893 15670 14626 4273397 4595330 321300 284841 491107 500000 812407 784841 X 1893694 2357778 1567296 1452711 3460990 3810489 4273397 4595330 350050 -551 0 X 0 1 X 1 0 X 2310579 3586162 3833859 3948046 3843842 17522488 2310579 3586162 3833859 3948046 3843842 17522488 3171276 14351212 717 676 778 530 234 2935 60251 43352 103603 17629026 194853 0.81410 0.76990 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS - 2016 AMOUNT: $ 60,251. 2017 AMOUNT: $ 43,352. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1567296 1091000 1205585 1452711 1308562 1400550 1141816 1567296 1077008 1201066 969512 1308562 975596 1069512 968100 1077008 1158446 843100 1025950 975596 1.00000 0 0 24381 23309 1072 1072 INVESTMENTS IN U.S. TREASURY BILLS 599893 C 599893 PPP LOAN 500000 500000 3913451 -551 49297 48746 3864705 35000 35000 3899705 3563952 49297 49297 3514655 35000 35000 3549655 PART V, LINE 4: TEMPORARILY RESTRICTED NET ASSETS CONSIST OF CONTRIBUTIONS THAT ARE RESTRICTED BY THE DONOR FOR A SPECIFIC PROJECT OR PURPOSE OR RELATE TO FUTURE PERIODS. PART XI, LINE 4B - OTHER ADJUSTMENTS: GROSS UP OF PROFESSIONAL FUNDRAISING 35,000. PART XII, LINE 4B - OTHER ADJUSTMENTS: GROSS UP OF PROFESSIONAL FUNDRAISING 35,000. X X X X X 1 W DOUGLAS WINGO INC 350 SEVENTH AVE STE 1601 NEW YORK NY 10001 ANNUAL GALA 0 703275 35000 668275 703275 35000 668275 NY VIRTUAL GALA 703275 655547 47728 12728 703275 655547 47728 12728 12728 35000 0 0 0 0 0 0 0 0 0 SHARI LEVINE EXECUTIVE DIRECTOR 112500 0 0 0 0 0 23400 0 17781 0 153681 0 0 0 X 6 59742 FMV X DONATED GOODS 2 32815 FMV X BOOKS/MATERIALS 5 22482 FMV 0 0 0 FORM 990, PART III, LINE 1 LITERACY INC. (LINC) IS AN AWARD-WINNING ORGANIZATION THAT PROVIDES EFFECTIVE EARLY LEARNING STRATEGIES FOR PARENTS TO BUILD A STRONG LITERACY FOUNDATION FOR THEIR CHILDREN DURING THEIR FIRST FIVE YEARS OF DEVELOPMENT, A TIME WHEN THEIR FUTURE OUTCOMES ARE SHAPED. OUR MISSION IS TO ENGAGE FAMILIES AND COMMUNITY MEMBERS TO SUPPORT YOUNG READERS IN HIGH-NEED NEIGHBORHOODS. WITH LINC, CHILDREN BECOME LIFELONG READERS; PARENTS LEARN AND DEVELOP SKILLS, VOLUNTEER AT SCHOOL AND BECOME LITERACY ADVOCATES IN THEIR COMMUNITIES. FORM 990, PART III, LINE 4A LINC'S 2-GENERATION AND COMMUNITY-BASED EARLY CHILDHOOD PROGRAMMING, DELIVERED PHYSICALLY (PRE-COVID19 AND SAFELY DURING COVID) AND ON ITS WEBSITE AND ACROSS MULTIPLE VIRTUAL PLATFORMS (POST-COVID19), MOBILIZED MORE THAN 185 COMMUNITY PARTNERS, INCLUDING LIBRARIES, TO DELIVER 154 READING EVERYWHERE PROGRAMS AND 82 PARENT WORKSHOPS. WE ALSO GRADUATED 46 PARENTS IN OUR VERY INVOLVED PARENT ACADEMY. OUR IMPACT IS EVIDENT IN THE ATTITUDE AND BEHAVIOR CHANGE AMONG PARENTS WHO PARTICIPATED IN OUR PROGRAMS: 75% LINC PARENTS WITH CHILDREN YOUNGER THAN FIVE REPORT READING FIVE OR MORE DAYS A WEEK TO THEIR CHILD COMPARED TO ONLY 42% OF PARENTS WHO HAVE NOT ATTENDED LINC PROGRAMS 72% OF LINC PARENTS REPORT HAVING ESTABLISHED A STRUCTURED READING ROUTINE AT BEDTIME COMPARED TO ONLY 26% OF PARENTS WHO HAVE NOT ATTENDED LINC PROGRAMS 72% OF LINC PARENTS REPORT HAVING 10 OR MORE AGE-APPROPRIATE BOOKS IN THE HOME COMPRED TO 42% OF PARENTS WHO HAVE NOT ATTENDED LINC PROGRAMS 89% PARENTS MAKE THE READING EXPERIENCE ENGAGING BY ASKING QUESTIONS ABOUT THE STORY AND PICTURES BEDTIME COMPARED TO ONLY 61% OF PARENTS WHO HAVE NOT ATTENDED LINC PROGRAMS 90% PARENTS OF CHILDREN YOUNGER THAN FIVE KNOW THE IMPORTANCE OF READING TO THEIR CHILD FROM THE DAY THEY ARE BORN FROM PARENTS TO LITERACY ADVOCATES. PARENTS WHO GRADUATE FROM OUR VERY INVOLVED PARENT (VIP) ACADEMY ARE A STRONG CATALYST FOR CHANGE AT MULTIPLE LEVELS. THESE PARENTS SUSTAINED AND EVEN INCREASED THEIR FAMILY'S READING HABITS DURING THE COVID PANDEMIC 98% READ BY THEMSELVES MORE OFTEN OR THE SAME AMOUNT DURING THE PANDEMIC 88% READ TO THEIR CHILDREN MORE OFTEN OR THE SAME AMOUNT DURING THE PANDEMIC 97% OF VIP CHILDREN READ TO THEMSELVES MORE OFTEN OR THE SAME AMOUNT DURING THE PANDEMIC 89% TALK, PLAY, AND SING MORE OFTEN WITH THEIR CHILDREN. 90% FEEL MORE KNOWLEDGEABLE ABOUT CHILD DEVELOPMENT 95% FEEL MORE CONFIDENT TALKING TO NEIGHBORS ABOUT THE IMPORTANCE OF READING TO CHILDREN. 95% FEEL MORE KNOWLEDGEABLE ABOUT WHERE TO FIND LITERACY RESOURCES IN THEIR COMMUNITY. 97% GO TO THE LIBRARY MORE OFTEN (PRIOR TO COVID). 97% ARE MORE ACTIVE IN THEIR CHILDREN'S LEARNING AT HOME. 97% ARE MORE ACTIVE IN THEIR CHILDREN'S EDUCATION AT SCHOOL. 100% UNDERSTAND HOW TO CHOOSE THE RIGHT BOOK FOR CHILDREN AT DIFFERENT AGES. 100% PARENTS KNOW ABOUT MORE RESOURCES AND SUPPORT FOR THEIR FAMILIES. 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 APPROXIMATELY IN SEPTEMBER FOR AN OCTOBER 1 NEW SALARY. FORM 990, PART VI, SECTION C, LINE 19 LINC MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AVAILABLE UPON REQUEST. THE FINANCIAL STATEMENTS ARE AVAILABLE ON THE LINC WEBSITE.