2025-05-28T18:49:44-05:00 2024-07-31 202153727 SB & COMPANY LLC 10200 GRAND CENTRAL AVE SUITE 250 OWINGS MILLS MD 21117 990 2023-08-01 271777117 THE LITERACY LAB LITE 2025677082 1400 16TH STREET NW WASHINGTON DC 20036 HEATHER JENKINS PRESIDENT AND CEO 2025677082 2025-05-28 1 0 MONIQUE BOOKER P00644231 4105840060 2023 2025-03-06 01:10:19Z HEATHER JENKINS 1400 16TH STREET NW WASHINGTON DC 20036 14529354 0 X HTTPS://THELITERACYLAB.ORG/ X 2010 VA THE LITERACY LAB PROVIDES EVIDENCE-BASED, CULTURALLY RESPONSIVE LITERACY INSTRUCTION. 8 7 326 7 0 0 13651693 12290477 2705623 2012241 143882 226636 0 0 16501198 14529354 0 0 0 0 15960464 16840521 0 0 1772905 3704949 4821644 19665413 21662165 -3164215 -7132811 21823450 14572963 2246579 2128902 19576871 12444061 THE LITERACY LAB PROVIDES STUDENTS IN COMMUNITIES EXPERIENCING RACIAL AND/OR ECONOMIC INEQUITIES WITH EVIDENCE-BASED, CULTURALLY RESPONSIVE LITERACY INSTRUCTION AS PREPARATION FOR ACADEMIC, PROFESSIONAL, PERSONAL SUCCESS. 0 0 8312509 THE LITERACY LAB SERVES CHILDREN FROM AGE THREE THROUGH GRADE THREE. WE PARTNER WITH SCHOOL DISTRICTS TO HELP CLOSE THE LITERACY GAP LARGELY BY EMBEDDING FULL-TIME, RIGOROUSLY-TRAINED TUTORS IN EARLY CHILDHOOD CENTERS AND ELEMENTARY SCHOOLS. THE LITERACY LAB OFFERS PROGRAM SERVICES WHICH INCLUDE: SCHOOL DAY LITERACY INTERVENTION AND THE LEADING MEN FELLOWSHIP. THE ORGANIZATION SERVES CHILDREN IN ATLANTA, GA; BALTIMORE, MD; CINCINNATI, OH; KANSAS CITY, MISSOURI; WASHINGTON, DC; PHOENIX, AZ; SPRINGFIELD, MA; AND VIRGINIA. 9860633 READING CORPS 18173142 1 0 0 1 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 326 1 0 0 0 0 0 0 0 0 0 0 X 8 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X HEATHER JENKINS PRESIDENT AND CEO 2026304720 1400 16TH STREET NW WASHINGTON DC 20036 JERMAINE MYRIE MEMBER 1.00 0.00 X 0 0 0 ASHLEY JENNKINS CHAIR, BOARD OF DIRECTORS 1.00 0.00 X 0 0 0 QUINCI MOODY TREASURER 1.00 0.00 X 0 0 0 DANA KRAVCHICK MEMBER 1.00 0.00 X 0 0 0 MANISHA MASKAY MEMBER 1.00 0.00 X 0 0 0 MICHELLE HARRIS BONDIMA MEMBER 1.00 0.00 X 0 0 0 JYLLIAN BRADSHAW MEMBER 1.00 0.00 X 0 0 0 HEATHER JENKINS CHIEF EXECUTIVE DIRECTOR 40.00 0.00 X 238756 0 0 HENRIETTE RECNY CHIEF PEOPLE ORGANIZATIONAL STRATEGY 40.00 0.00 X 147000 0 0 SARAH REAPE CHIEF REGIONAL OFFICER 40.00 0.00 X 145459 0 0 MIA HARDING CHIEF IMPACT OFFICER 40.00 0.00 X 151307 0 0 IVAN C DOUGLAS JR NATIONAL DIRECTOR (LEADING MEN FELLOWSHIP) 40.00 0.00 X 140088 0 0 AAMIR MANSOOR VP OF GOVERNMENT & EXTERNAL PARTNERSHIPS 40.00 0.00 X 125477 0 0 948087 0 0 22 0 1 0 HAN GROUP LLC 1020 19TH STREET NW STE 800 WASHINGTON DC 20036 ACCOUNTING SERVICE 160054 READING & MATH INC 1200 WASHINGTON AVE S SUITE 310 MINNEAPOLIS MN 55415 EVALUATION & DATA MANAGEMENT SERVICES 155446 CASEY RICHARDSON 18 WILLOW HURST COURT COLUMBIA SC 29209 CONSULTING SERVICE 142000 ELEVATE 1201 CONNECTICUT AVE NW 503 WASHINGTON DC 20036 GRANT WRITING CONSULTING SERVICE 127750 4 8609103 3681374 12290477 LITERACY TOURING 611600 2012241 2012241 2012241 226636 226636 14529354 2012241 0 226636 822610 729766 47666 45178 13434758 11918432 735361 780965 1321325 1117727 96821 106777 1261828 1027378 117881 116569 24271 19582 2574 2115 361934 293028 37259 31647 458047 458047 740030 384247 151400 204383 42582 38345 3141 1096 330581 126065 197634 6882 464567 220031 244536 316364 291460 17541 7363 23097 21288 1785 24 15285 12613 1310 1362 92875 76625 7974 8276 PROGRAM TRAINING COSTS 551707 550460 1247 BAD DEBT EXPENSE 540050 540050 OTHER DIRECT PROGRAM EX 386322 380834 5488 PROGRAM SUPPLIES 334919 333309 1610 139013 91902 44890 2221 21662165 18173142 1716118 1772905 12512959 5434381 6867432 7064764 440673 274479 436365 458611 264197 232205 47349 31992 1518672 1308736 21823450 14572963 688986 732392 1557593 1396510 2246579 2128902 X 16413121 10605936 3163750 1838125 19576871 12444061 21823450 14572963 -7132811 0 X 0 1 X 1 1 1 X 11049750 10200615 25124503 13651693 12290477 72317038 11049750 10200615 25124503 13651693 12290477 72317038 72317038 55274 12510 5226 143882 226636 443528 72760566 2012241 0.99390 0.99620 X 458047 458047 21220858 21678905 1000000 250000 0 0 66795 78973 922823 1000000 2068591 3102887 358108 458047 816155 333975 394867 230706 250000 1209548 1814322 16699 19473 36172 264197 232205 31992 31992 SECURITY DEPOSITS 38786 RIGHT OF USE - OPERATING 1269950 1308736 LEASE LIABILITY - OPERATING 1396510 1396510 X 14546095 16741 16741 14529354 0 14529354 21678905 16741 16741 21662164 0 21662164 PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA PROVIDE CONSISTENT GUIDANCE FOR THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS AND PRESCRIBE A THRESHOLD OF "MORE LIKELY THAN NOT" FOR RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE ORGANIZATION PERFORMED AN EVALUATION OF UNCERTAIN TAX POSITIONS AS OF JULY 31, 2024 AND 2023, AND DETERMINED THAT THERE WERE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS OR WHICH MAY HAVE ANY EFFECT ON ITS TAX-EXEMPT STATUS. AS OF JULY 31, 2023, THE STATUTE OF LIMITATIONS FOR FISCAL YEARS 2021 THROUGH 2024 REMAINS OPEN WITH THE U.S. FEDERAL JURISDICTION OR THE VARIOUS STATES AND LOCAL JURISDICTIONS IN WHICH THE ORGANIZATION WOULD BE REQUIRED TO FILE TAX RETURNS. X X X X X 0 0 0 0 0 0 0 0 0 HEATHER JENKINS CHIEF EXECUTIVE DIRECTOR 219791 0 18725 0 240 0 0 0 0 0 238756 0 0 0 MIA HARDING CHIEF IMPACT OFFICER 145007 0 6060 0 240 0 0 0 0 0 151307 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE DRAFT 990 IS PROVIDED TO THE BOARD MEMBERS FOR REVIEW AND COMMENT, WITH QUESTIONS PRESENTED TO THE HIRED PREPARER, AND MODIFICATIONS MADE BEFORE FINALIZING AND FILING. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST FORMS ARE REQUIRED TO BE SIGNED ANNUALLY BY THE BOARD OF DIRECTORS AND UPON BEING APPOINTED TO THE BOARD. BOARD MEMBERS ATTEST TO REVIEWING THE CONFLICT OF INTEREST POLICY. THE FULL BOARD ASSESSES CONFLICT RISKS WITH ITS TRANSACTIONS AND DETERMINES RESTRICTIONS BASED ON CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS REVIEWS THE PERFORMANCE OF THE CEO ANNUALLY AND DETERMINES THE SALARY USING GUIDESTAR AND CHARITY NAVIGATOR SALARY RANGE DATA FOR COMPARABLE POSITIONS. KEY EMPLOYEE SALARIES ARE DETERMINED USING POSITIVELY PARTNERS EXTERNAL COMPENSATION STUDY TO ALIGN SALARIES BASED ON MARKET ANALYSIS FORM 990, PART VI, SECTION C, LINE 19 THE LITERACY LAB MAKES ITS GOVERNMENT DOCUMENTS, CONFLICTS OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. IN ADDITION, THE LITERACY LAB WILL MAINTAIN ITS FORM 990 IN GUIDESTAR'S DATABASE OF INFORMATION OF NON-PROFIT ORGANIZATIONS