2021-04-08T10:55:50-05:00 2020-06-30 133628255 CONDON O'MEARA MCGINTY & DONNELLY LLP ONE BATTERY PARK PLAZA NEW YORK NY 10004 990 2019-07-01 133911331 LITERACY INC LITE 2126205462 5030 BROADWAY NO 641 NEW YORK NY 10034 JACQUELINE A KAIKO TREASURER 2126205462 2021-04-08 1 JAMES J REILLY P00183769 2126617777 2019 2022-09-23 18:48:47Z LINC JACQUELINE A KAIKO 5030 BROADWAY NO 641 NEW YORK NY 10034 4867484 0 X WWW.LINCNYC.ORG X 1996 NY TO ENGAGE FAMILIES AND COMMUNITIES TO SUPPORT YOUNG READERS IN HIGH NEED AREAS. 25 25 51 137 0 0 3833859 4039746 69995 49500 778 2839 52118 49064 3956750 4141149 0 0 0 0 2455980 2722457 96000 49064 571838 901088 826192 3453068 3597713 503682 543436 3158488 4273397 241407 812407 2917081 3460990 X SEE SCHEDULE O 0 1 2868420 49500 SEE SCHEDULE O 2868420 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 0 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 25 25 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 SHARI LEVINE EXECUTIVE DIRECTOR 40.00 X 106100 0 8357 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 COSETTE GUTIERREZ 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 106100 0 8357 1 0 0 0 0 513966 1350101 2175679 224591 4039746 FEES FOR SERVICES 900099 49500 49500 49500 530 530 724398 722089 2309 2309 2309 53310 513966 4246 49064 49064 4141149 49500 0 51903 126607 101305 6601 18701 2251429 1801480 117395 332554 32626 26106 1701 4819 132382 105925 6904 19553 179413 143557 9355 26501 52916 50119 730 2067 49064 49064 210996 153497 4975 52524 43817 35060 2284 6473 102415 81947 5340 15128 1025 820 54 151 10748 8600 560 1588 PROGRAM EXPENSE 196306 189259 112 6935 BOOKS & MATERIALS CONT. 132892 132892 MISCELLANEOUS 75077 37853 1444 35780 3597713 2868420 157455 571838 672831 2529004 1114499 294922 1304738 1102102 5181 53739 44577 26251 24381 22594 2812 1787 249922 13850 15670 3158488 4273397 241407 321300 0 491107 241407 812407 X 1608519 1893694 1308562 1567296 2917081 3460990 3158488 4273397 543436 473 0 X 0 1 X 1 0 X 2296009 2310579 3586162 3833859 3948046 15974655 2296009 2310579 3586162 3833859 3948046 15974655 3578475 12396180 701 717 676 778 530 3402 19583 60251 43352 123186 16101243 0.76990 0.73370 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS - 2015 AMOUNT: $ 19,583. 2016 AMOUNT: $ 60,251. 2017 AMOUNT: $ 43,352. 2018 AMOUNT: $ 0. 2019 AMOUNT: $ 0. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1308562 1400550 1141816 1567296 1077008 1201066 969512 1308562 975596 1069512 968100 1077008 1158446 843100 1025950 975596 1148996 1150950 1141500 1158446 1.00000 0 0 24381 22594 1787 1787 INVESTMENTS IN U.S. TREASURY BILLS 249922 C 249922 PPP LOAN 491107 491107 4122719 473 30161 30634 4092085 49064 49064 4141149 3578810 30161 30161 3548649 49064 49064 3597713 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 49,064. PART XII, LINE 4B - OTHER ADJUSTMENTS: GROSS UP OF PROFESSIONAL FUNDRAISING 49,064. X X X X X 1 GAIL P STONE EVENTS INC 2932 VAUXHALL ROAD VAUXHALL NJ 07088 ANNUAL GALA 0 479040 41064 437976 W DOUGLAS WINGO INC 350 SEVENTH AVE STE 1504 NEW YORK NY 10001 ANNUAL GALA 0 88235 8000 526212 567275 49064 964188 NY ANNUAL GALA 567276 513966 53310 4246 567276 513966 53310 4246 4246 49064 X 1 91699 FMV X BOOKS/MATERIALS 0 86899 FMV X DONATED GOODS 2 45993 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 3 DUE TO THE LOCKDOWN BY NEW YORK CITY ALL OF OUR PROGRAMS WERE CONDUCTED VIRTUALLY. FORM 990, PART III, LINE 4A LINC OVERCAME CHALLENGES POSED BY THE PANDEMIC TO ENSURE CHILDREN AND EDUCATION REMAIN TOP PRIORITIES IN OUR CITY. LINC ADAPTED TO THE CONSTRAINTS OF SOCIAL DISTANCING AND SCHOOL AND LIBRARY CLOSURES WITH A ROBUST MENU OF VIRTUAL PROGRAMMING TO ADDRESS THE SOCIO-EMOTIONAL LEARNING AND EARLY EDUCATIONAL NEEDS OF CHILDREN AND TO ENGAGE AND SUPPORT FAMILIES. LINC'S 2-GENERATION AND COMMUNITY-BASED EARLY CHILDHOOD PROGRAMMING, DELIVERED PHYSICALLY (PRE-COVID19) AND ON ITS WEBSITE AND ACROSS MULTIPLE VIRTUAL PLATFORMS (POST-COVID19), MOBILIZED MORE THAN 147 COMMUNITY PARTNERS, INCLUDING LIBRARIES, TO DELIVER 57 READING EVERYWHERE PROGRAMS AND 193 PARENT WORKSHOPS. OUR VERY INVOLVED PARENT ACADEMY GRADUATES (VIPS) ORGANIZED MORE THAN 127 LITERACY EVENTS ACROSS NEW YORK CITY. LINC ALSO PARTNERED WITH 13 SCHOOLS TO IMPLEMENT 25 READING BUDDIES PROGRAMS. OUR IMPACT IS EVIDENT IN THE ATTITUDE AND BEHAVIOR CHANGE AMONG PARENTS WHO PARTICIPATED IN OUR PROGRAMS: 90% PARENTS OF CHILDREN YOUNGER THAN FIVE KNOW THE IMPORTANCE OF READING TO THEIR CHILD FROM THE DAY THEY ARE BORN 89% PARENTS MAKE THE READING EXPERIENCE ENGAGING BY ASKING QUESTIONS ABOUT THE STORY AND PICTURES 75% PARENTS WITH CHILDREN YOUNGER THAN FIVE REPORT READING FIVE OR MORE DAYS A WEEK TO THEIR CHILD FROM PARENTS TO LITERACY ADVOCATES. PARENTS WHO GRADUATE FROM OUR VERY INVOLVED PARENT ACADEMY ARE A STRONG CATALYST FOR CHANGE AT MULTIPLE LEVELS: AT HOME: 90% READ OUT LOUD MORE OFTEN WITH THEIR CHILDREN. 95% FEEL MORE CONFIDENT READING OUT LOUD. 89% TALK, PLAY, AND SING MORE OFTEN WITH THEIR CHILDREN. 90% READ TO THEMSELVES FOR PLEASURE MORE OFTEN. 97% ARE MORE ACTIVE IN THEIR CHILDREN'S LEARNING AT HOME. HOME-SCHOOL CONNECTION: 90% FEEL MORE KNOWLEDGEABLE ABOUT CHILD DEVELOPMENT. 97% ARE MORE ACTIVE IN THEIR CHILDREN'S EDUCATION AT SCHOOL. 98% FEEL PREPARED TO PROMOTE LITERACY PROGRAMS IN THEIR CHILD'S SCHOOL. IN THE COMMUNITY: 97% FEEL PREPARED TO DO A READ-ALOUD IN THEIR NEIGHBORHOOD. 100% UNDERSTAND HOW TO CHOOSE THE RIGHT BOOK FOR CHILDREN AT DIFFERENT AGES. 100% UNDERSTAND HOW TO PLAN ACTIVITIES OR A SING-ALONG. 95% PARENTS FEEL MORE CONFIDENT TALKING TO NEIGHBORS ABOUT THE IMPORTANCE OF READING TO CHILDREN. 100% CHILDREN GET MORE EXCITED TO READ. 100% PARENTS KNOW ABOUT MORE RESOURCES AND SUPPORT FOR THEIR FAMILIES. 100% PARENTS GET TO MEET OTHER PARENTS IN 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 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.