2019-02-27T09:02:39-06:00 2018-06-30 273263553 GALLEROS KOH LLP 115 DAVIS STATION ROAD CREAM RIDGE NJ 08514 990 2017-07-01 133179618 LITERACY ASSISTANCE CENTER INC LITE 2128033302 85 BROAD STREET 27TH FLOOR NEW YORK NY 10004 IRA YANKWITT EXECUTIVE DIRECTOR 2128033302 2019-02-27 1 LEONORA GALLEROS P00181670 7324622020 2019-02-27 98.110.17.47 2019-02-27 09:02:12 ES P E9C924457B5D275461852EC86B70A375E5271692 D33FA7F254BC09848346BBAA17B51EB9116DA51E 2017 2019-02-21 02:37:17Z IRA YANKWITT 85 BROAD STREET NEW YORK NY 10004 2000375 0 X WWW.LACNYC.ORG X 1983 NY THE MISSION OF THE LITERACY ASSISTANCE CENTER (LAC) IS TO STRENGTHEN AND EXPAND THE ADULT EDUCATION SYSTEM, AND TO ADVANCE ADULT LITERACY AS A CORE VALUE IN OUR SOCIETY AND A FOUNDATION FOR EQUAL OPPORTUNITY AND SOCIAL JUSTICE. 12 12 12 12 0 7028 1823456 1919626 129684 78581 1840 545 949 1623 1955929 2000375 0 0 0 0 1236707 1300495 0 0 13534 681174 661132 1917881 1961627 38048 38748 1378774 1394691 257525 233711 1121249 1160980 X THE MISSION OF THE LITERACY ASSISTANCE CENTER (LAC) IS TO STRENGTHEN AND EXPAND THE ADULT EDUCATION SYSTEM, AND TO ADVANCE ADULT LITERACY AS A CORE VALUE IN OUR SOCIETY AND A FOUNDATION FOR EQUAL OPPORTUNITY AND SOCIAL JUSTICE. SINCE 1983, THE LAC HAS BEEN WORKING TO BUILD THE CAPACITY AND IMPROVE THE QUALITY OF THE ADULT BASIC EDUCATION (ABE), ENGLISH FOR SPEAKERS OF OTHER LANGUAGES (ESOL), AND HIGH SCHOOL EQUIVALENCY (HSE) PROGRAMS THAT SERVE NEW YORK AND THE SURROUNDING REGION'S MOST EDUCATIONALLY DISADVANTAGED AND ECONOMICALLY MARGINALIZED ADULTS AND OUT-OF-SCHOOL YOUTH. 0 0 754226 18146 LITERACY DATA SERVICESIN FY 2018, THE LAC COMPLETED THE LAST SIX MONTHS OF A NINE-MONTH EXTENSION AND THE FIRST SIX MONTHS OF A FIVE-YEAR CONTRACT TO MANAGE AND MAINTAIN THE NEW YORK STATE EDUCATION DEPARTMENT'S (NYSED'S) ADULT STUDENT INFORMATION SYSTEM AND TECHNICAL SUPPORT (ASISTS), THE ONLINE SYSTEM WHICH COLLECTS AND ANALYZES DATA ON MORE THAN 100,000 ADULT LITERACY STUDENTS IN NEW YORK STATE EACH YEAR. ASISTS IS THE BACKBONE OF THE ACCOUNTABILITY SYSTEM EMPLOYED BY THE NYSED TO EVALUATE AND FUND OVER 150 ADULT LITERACY PROGRAMS THROUGHOUT THE STATE. 688688 60435 EDUCATIONAL ENTERPRISESIN FY 2018, THE LAC COMPLETED THE FOURTH YEAR OF A SIX-YEAR CONTRACT TO PROVIDE PROFESSIONAL DEVELOPMENT AND TECHNICAL ASSISTANCE SERVICES TO OVER 70 COMMUNITY-BASED ADULT AND ADOLESCENT LITERACY PROGRAMS FUNDED THROUGH THE NEW YORK CITY DEPARTMENT OF YOUTH AND COMMUNITY DEVELOPMENT (DYCD). THE LAC ALSO COMPLETED THE SECOND YEAR OF A THREE-YEAR CONTRACT TO PROVIDE PROFESSIONAL DEVELOPMENT AND TECHNICAL ASSISTANCE SERVICES TO OVER 35 OUT-OF-SCHOOL AND IN-SCHOOL YOUTH HIGH SCHOOL EQUIVALENCY PROGRAMS FUNDED BY DYCD. THE LAC ALSO CONTINUED TO PROVIDE TRAINING AND TECHNICAL ASSISTANCE SERVICES ON A FEE-FOR-SERVICES BASIS TO ADULT LITERACY, HIGH SCHOOL EQUIVALENCY, AND ADULT ENGLISH LANGUAGE PROGRAMS THROUGHOUT THE UNITED STATES. 199424 RESOURCE CENTERIN FY 2018, THE LAC COMPLETED THE THIRD YEAR OF A FIVE-YEAR CONTRACT TO SERVE AS THE NEW YORK STATE EDUCATION DEPARTMENT ADULT EDUCATION PROGRAM AND POLICY TEAM'S SUPPORT AND TECHNICAL ASSISTANCE CENTER (STAC) FOR NEW YORK CITY. UNDER THE STAC, THE LAC PROVIDES ONE-ON-ONE SUPPORT AND TECHNICAL ASSISTANCE TO NYSED-FUNDED ADULT LITERACY EDUCATION (ALE) PROGRAMS THROUGHOUT NYC. THE NYSED-FUNDED PROVIDERS THAT THE LAC SUPPORTED INCLUDED COMMUNITY-BASED ORGANIZATIONS, CITY UNIVERSITY OF NEW YORK COLLEGES, AND PUBLIC LIBRARIES THAT HOUSE ADULT LITERACY EDUCATION PROGRAMS. 1875 1875 1644213 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 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 12 0 1 12 1 1 1 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 NY X IRA YANKWITT 2128033302 85 BROAD STREET 27TH FLOOR NEW YORK NY 10004 ELIZABETH HORTON CHAIR 1.00 X X 0 0 0 MATTHEW BERLIN MEMBER 1.00 X 0 0 0 SUZANNE CAROTHERS MEMBER 1.00 X 0 0 0 JACQUELINE COOK MEMBER 1.00 X 0 0 0 MARIAN LAPSLEY CROSS MEMBER 1.00 X 0 0 0 JOHN GORDON MEMBER 1.00 X 0 0 0 EMILY HACKER MEMBER 1.00 X 0 0 0 MICHAEL HIRSCHHORN MEMBER 1.00 X 0 0 0 IRWIN KIRSCH MEMBER 1.00 X 0 0 0 DONALD MURRAY MEMBER 1.00 X 0 0 0 J DAVID NELSON MEMBER 1.00 X 0 0 0 MICHAEL WOLFSON MEMBER 1.00 X 0 0 0 IRA YANKWITT EXECUTIVE DIRECTOR 35.00 X 127959 0 24390 VENUGOPAL THELAKKAT CHIEF TECHNICAL & ADMINISTRATIVE OFFICER 35.00 X 110702 0 24390 GREGORY A JACQUES SENIOR DEVELOPER/SQL ADMINISTRATOR 35.00 X 102380 0 1351 341041 0 50131 3 0 1 0 NCHENG LLP 40 WALL STREET 32ND FLOOR NEW YORK NY 10005 ACCOUNTING SERVICES 103403 1 5542 1859166 54918 1919626 EDUCATIONAL ENTERPRISE 611710 60435 60435 LITERACY DATA SERVICES 611710 18146 18146 78581 545 545 0 5542 0 0 OTHER INCOME 900099 1623 1623 1623 2000375 78581 0 2168 413695 365469 44930 3296 700647 619026 76041 5580 108928 96178 11878 872 77225 68187 8420 618 118920 45587 73294 39 75469 28931 46514 24 61761 53030 7901 830 170972 170837 135 150038 132478 16360 1200 40641 38458 2183 16973 16497 476 9774 9774 10343 9132 1128 83 MISCELLANEOUS 6241 403 4846 992 1961627 1644213 303880 13534 940980 718974 355868 564100 23811 44585 16914 24483 34321 15367 18731 18954 22470 23595 1378774 1394691 257525 233711 257525 233711 X 986851 1026582 134398 134398 1121249 1160980 1378774 1394691 38748 983 0 X X 0 1 X 1 1 1 X 1915466 1616927 1508256 1823456 1919626 8783731 1915466 1616927 1508256 1823456 1919626 8783731 8783731 656 340 621 1493 545 3655 8787386 0.99960 0.99960 X 34321 15367 18954 18954 X 2096466 983 95108 96091 2000375 0 2000375 2056735 95108 95108 1961627 0 1961627 PART X, LINE 2: MANAGEMENT HAS DETERMINED THAT THE ORGANIZATION HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION. THE ORGANIZATION IS NO LONGER SUBJECT TO AUDITS BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO 2015. 0 0 0 0 0 0 0 0 0 IRA YANKWITT EXECUTIVE DIRECTOR 127959 0 0 0 0 0 22699 0 1691 0 152349 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B COPIES OF THE FORM 990 ARE ELECTRONICALLY DISTRIBUTED TO THE FULL BOARD PRIOR TO FILING AND MADE AVAILABLE IN HARD COPY TO THE FULL BOARD AT THE NEXT MEETING SUBSEQUENT TO FILING. FORM 990, PART VI, SECTION B, LINE 12C LAC ADOPTED A WRITTEN CONFLICT OF INTEREST POLICY IN FEBRUARY 2012. ALL OFFICERS AND DIRECTORS ARE REQUIRED TO DISCLOSE ANNUAL INTERESTS THAT COULD GIVE RISE TO CONFLICTS OF INTERESTS. ALL DISCLOSURES OF INTERESTS ARE COMPILED AND REPORTED BY MANAGEMENT TO THE BOARD. THE BOARD SHALL DETERMINE IF THE RESPONSES TO QUESTIONNAIRES ARE APPROPRIATE. FORM 990, PART VI, SECTION B, LINE 15A LAC MAINTAINS A COMPETITIVE COMPENSATION PLAN FOR THE EXECUTIVE DIRECTOR AND TOP MANAGEMENT OFFICIALS. THE GOVERNANCE COMMITTEE REVIEWS AND ANALYZES COMPARABILITY DATA WHICH IS THEN REVIEWED BY FINANCE COMMITTEE. FINANCE COMMITTEE MAKES RECOMMENDATIONS AND THE FINAL COMPENSATION PLAN IS APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CHARTER AND BY-LAWS, AND FINANCIAL REPORTS ARE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST ADDRESSED TO AN OFFICER OF THE CORPORATION AT 85 BROAD STREET, 27TH FLOOR, NEW YORK, NY 10004. PART XII LINE 2C THIS PROCESS HAS NOT CHANGED FROM PRIOR YEAR.