2019-03-14T16:58:11-05:00 2018-06-30 CONDON O'MEARA MCGINTY & DONNELLY L ONE BATTERY PARK PLAZA NEW YORK NY 100041405 990 2017-07-01 133911331 LITERACY INC % SHARI LEVINE OF LITERACY IN LITE 2126205462 5030 BROADWAY Suite 641 NEW YORK NY 10034 JACQUELINE A KAIKO TREASURER 2126617777 2019-02-13 true JAMES J REILLY P00183769 2126617777 184.74.172.82 13601820190735000004 2019-03-14 P AB85DB94BBD57161AED1E4F4CC74FA222F53904F 1051ED9ADE0175C36893A47067488F39366EDC91 2017 2019-02-21 02:37:17Z JACQUELINE A KAIKO 5030 BROADWAY641 NEW YORK NY 10034 3836566 false X WWW.LINCNYC.ORG X 1996 NY Literacy Inc. (LINC) mission is to engage families and community members to support young readers in high-need neighborhoods. 23 23 53 237 0 11281 2310579 3586162 0 0 717 676 115250 97602 2426546 3684440 0 0 0 0 1825071 2168415 118950 133000 587787 660672 804151 2604693 3105566 -178147 578874 2096242 2619387 261717 205988 1834525 2413399 X LITERACY INC. (LINC) MISSION IS TO ENGAGE FAMILIES AND COMMUNITY MEMBERS TO SUPPORT YOUNG READERS IN HIGH-NEED NEIGHBORHOODS. false false 2354721 SEE SCHEDULE O. 2354721 true true false false false false false false false true true false false false false false true false false false false false false true true false false false false false false false false false false false false false true false false false false false false false false true 7 0 true 53 true true true false false false false true true false false false false X 23 23 false false false false false false false true true false false true true true true true true true true false NY X X X SHARI LEVINE OF LITERACY IN 2126205462 5030 BROADWAY STE 641 NEW YORK NY 10034 X CARL D FOLTA CHAIRPERSON 3.0 0.0 X X 0 0 0 CARLOS RODRIGUEZ VICE CHAIR 1.0 0.0 X X 0 0 0 JACQUELINE A KAIKO TREASURER 1.0 0.0 X X 0 0 0 ROBERT E SPIERER SECRETARY 1.0 0.0 X X 0 0 0 MIMI LEVIN LIEBER FOUNDER 1.0 0.0 X 0 0 0 RON RENTEL DIRECTOR 1.0 0.0 X 0 0 0 SUSAN ELKIND ORCHANT DIRECTOR 1.0 0.0 X 0 0 0 john galiski DIRECTOR 1.0 0.0 X 0 0 0 COSETTE GUTIERREZ DIRECTOR 1.0 0.0 X 0 0 0 WILLIAM ESTILO DIRECTOR 1.0 0.0 X 0 0 0 DONOVAN CAMPBELL DIRECTOR 1.0 0.0 X 0 0 0 SONIA ORTIZ GULARDO DIRECTOR 1.0 0.0 X 0 0 0 JOHN HALLEY Director 1.0 0.0 X 0 0 0 STEVEN CRABBE Director 1.0 0.0 X 0 0 0 HELENE D JAFFE DIRECTOR 1.0 0.0 X 0 0 0 ANN SHORT DIRECTOR 1.0 0.0 X 0 0 0 DAN LEE Director 1.0 0.0 X 0 0 0 MICHAEL ROSS Director 1.0 0.0 X 0 0 0 JOHN PANTALENA Director 1.0 0.0 X 0 0 0 KOSHA UDANI Director 1.0 0.0 X 0 0 0 mary fratto-rowe Director 1.0 0.0 X 0 0 0 STEPHANIE YOUNG director 1.0 0.0 X 0 0 0 andrew spring director 1.0 0.0 X 0 0 0 SHARI LEVINE EXECUTIVE DIRECTOR 40.0 0.0 X 108737 0 2273 108737 0 2273 1 false false false ALGORHYTHM io inc 122 w montgomery street BALTIMORE MD 21230 EVALUATION SERVICE 222156 TRUE NORTH INC 630 THIRD AVENUE 12TH FLOOR NEW YORK NY 10017 ADVERTISING AGENCY 100610 2 562096 1471087 1552979 69072 3586162 0 676 676 0 0 0 0 0 0 206376 562096 152126 54250 54250 0 0 0 0 0 0 MISCELLANEOUS 900099 43352 43352 43352 3684440 43352 54926 0 0 0 0 113812 86268 7591 19953 0 1756465 1331374 117158 307933 24340 18449 1624 4267 139342 105619 9294 24429 134456 101916 8969 23571 0 0 49501 47318 602 1581 0 133000 133000 0 238167 226083 3330 8754 0 63205 47909 4216 11080 0 0 90918 68915 6064 15939 0 0 5410 4101 361 948 0 0 3925 2975 262 688 8196 6212 547 1437 PROGRAM EXPENSE 244734 242435 2299 MISCELLANEOUS 81468 46520 3040 31908 CONT. OF BOOKS & MATERIALS 18627 18627 3105566 2354721 163058 587787 867452 440082 836131 1213793 326294 903416 10989 8375 0 0 0 0 0 0 0 0 36603 35823 24381 20333 7973 4048 0 0 0 0 0 0 0 0 10800 13850 2096242 2619387 261717 205988 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 261717 205988 X 858929 1336391 975596 1043008 0 34000 1834525 2413399 2096242 2619387 578874 X false true X true false X 1521238 1500277 2296009 2310579 3586162 11214265 0 0 1521238 1500277 2296009 2310579 3586162 11214265 3075740 8138525 1014 1008 701 717 676 4116 0 2119 27818 19583 60251 43352 153123 11371504 109771 0.71569 0.62332 X 975596 1069512 968100 1077008 1158446 843100 1025950 975596 1148996 1150950 1141500 1158446 1670532 1066500 1588036 1148996 1560224 1038056 927748 1670532 0.03200 0.96800 false false 24381 20333 4048 4048 3728760 99320 99320 3629440 55000 55000 3684440 3149886 99320 99320 3050566 55000 55000 3105566 PART V - QUESTION 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. THE $1,035,512 IN TEMPORARILY RESTRICTED NET ASSETS IS FOR FUTURE PROGRAMS AND OPERATIONS FY17 TO FY18. THE $7,496 IN THE MIMI LIEBER FUND IS FOR RECOGNITION AWARDS TO COMMUNITY MEMBERS WHO HAVE MADE SIGNIFICANT EFFORTS TO IMPROVE EARLY LITERACY. Permanently restricted net assets are subject to donor-imposed restrictions requiring that they be maintained permanently. During the year ending June 30, 2018, in connection with the termination of its operations, Learning Leaders, Inc., a New York corporation with tax-exempt status, transferred $34,000 of permanently restricted funds to LINC. LINC has classified the funds as permanently restricted and can only spend the investment returns. LINC plans to apply to the New York State Attorney General for permission to release the funds from restriction and if that permission is received, LINC will treat the released funds as general operating support. PART XI - LINE 4B GROSS UP OF PROFESSIONAL FUNRAISING: 55,000. PART XII - LINE 4B GROSS UP OF PROFESSIONAL FUNRAISING: 55,000. X X X true EVENT MANAGEMENT GROUP 411 east 83rd street suite 3f new york NY 10028 ANNUAL GALA true 768472 55000 713472 ANNE LIEBERMAN CONSULTING 311 WEST 97TH STREET new york NY 10025 GEN. DEV. CONSULTANT false 265000 18000 247000 CONNELLY MCLAUGHLIN WOLOZ The Woo 233 Broadway 2310 NEW YORK NY 10279 gov't fundraising false 1600000 60000 1540000 2633472 133000 2500472 NY ANNUAL GALA 768472 562096 206376 111348 40778 0 768472 562096 206376 111348 40778 152126 54250 X 5 50445 FMV X books and materials 16 17427 fmv X donated auction items 1 1200 FMV false false false Part III - Line 4A LINC provided programming in nine high-poverty communities, bringing our comprehensive programming to 27 schools, 24 library partners, and 151 community partners and supporters. LINC provided 121 parent workshops attended by 1,410 parents, 66 of whom became VIPs Very Involved Parents parents who train and educate other parents. Our Reading Buddies program operated in 15 schools and served 1,647 partners and buddies. We also conducted 694 Reading Everywhere events, attended by 8,200 children and 2,145 parents. PART VI - SECTION B. QUESTION 11B A draft of The Form 990 is e-mailed to Board Members for comment deadline before filing. Part VI - Section B. Question 12c To regularly monitor and force compliance with the LINC's conflict of interest policy, annual conflict of interest statements are signed. PART VI - SECTION B. QUESTIONS 15A & 15b 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. PART VI - SECTION C. QUESTION 19 LINC makes its governing documents, conflict of interest policy available upon request. THE financial statements ARE available ON THE LINC WEBSITE.