2012-12-04T11:42:43-06:00 2012-06-30 390859910 BAKER TILLY VIRCHOW KRAUSE LLP 225 S 6TH ST STE 2300 MINNEAPOLIS MN 55402 990 2011-07-01 391657040 LITERACY VOLUNTEERS - CHIPPEWA VALLEY LITE 7158340222 800 WISCONSIN ST 70 EAU CLAIRE WI 547033610 MARY BETH KELLEY-LOWE 7158340222 2012-11-29 1 LAWRENCE H MOHR CPA P00447603 6128764500 2011 2016-02-24 21:20:13Z MARY BETH KELLEY-LOWE 800 WISCONSIN ST 70 EAU CLAIRE WI 547033610 498329 0 X WWW.LVCV.ORG X 1986 WI LITERACY VOLUNTEERS-CHIPPEWA VALLEY HELPS ADULTS AND THEIR FAMILIES DEVELOP THE LITERACY SKILLS NECESSARY TO ACHIEVE ECONOMIC SELF-SUFFICIENCY AND FUNCTION EFFECTIVELY IN THEIR ROLES AS CITIZENS, WORKERS AND FAMILY MEMBERS. 18 18 18 232 0 0 517789 473318 0 0 310 733 29216 15464 547315 489515 0 0 0 0 393939 359664 0 0 47541 165233 131679 559172 491343 -11857 -1828 300746 302298 2482 6892 298264 295406 LITERACY VOLUNTEERS-CHIPPEWA VALLEY HELPS ADULTS AND THEIR FAMILIES DEVELOP THE LITERACY SKILLS NECESSARY TO ACHIEVE ECONOMIC SELF-SUFFICIENCY AND FUNCTION EFFECTIVELY IN THEIR ROLES AS CITIZENS, WORKERS AND FAMILY MEMBERS. 0 0 265535 ADULT LITERACY - PROVIDE INSTRUCTION FOR ADULT LEARNERS WHO NEED TOACQUIRE OR ENHANCE LITERACY SKILLS FOR THE WORKPLACE, HOME, OR FAMILY.SERVED: 491 142999 FAMILY LITERACY - PROVIDE FAMILY LITERACY PROGRAMS TO ASSIST PARENTS WITH LITERACY SKILLS,PARENTING SKILLS AND TO PROVIDE CHILD CARE & LEARNING OPPORTUNITES FOR THE ADULT STUDENTS' CHILDREN. SERVED: 53 408534 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 1 1 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 0 0 0 0 0 0 1 1 0 18 1 0 0 0 0 0 1 1 0 0 0 0 X 18 18 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 WI X X CONNIE VIKEN 7158340222 800 WISCONSIN ST 70 EAU CLAIRE WI 547033610 GERALD JACOBSON 1.00 X X 0 0 0 PAUL KULIG 2.00 X X 0 0 0 LAURIE KLINKHAMMER 1.00 X X 0 0 0 GINA GLADWELL 1.00 X X 0 0 0 KARMAN BRIGGS 0.30 X 0 0 0 JEAN DERFUS 0.50 X 0 0 0 TOM GIFFEY 0.80 X 0 0 0 DENISE HANSON-PABICH 0.50 X 0 0 0 GRETA HEIKE 2.00 X 0 0 0 AL JONES 1.50 X 0 0 0 LARRY JOLIVETTE 0.50 X 0 0 0 MARIANNE KLINKHAMMER 3.00 X 0 0 0 VICKI LORD LARSON 1.00 X 0 0 0 PAW MOUA 3.00 X 0 0 0 TERESA NUTTELMAN 0.50 X 0 0 0 JOHN PLEWA MD 0.80 X 0 0 0 KATHERINE RHOADES 1.00 X 0 0 0 KATHRYN WAHL 0.10 X 0 0 0 MARY BETH KELLY-LOWE 40.00 X 51502 0 500 51502 0 500 0 0 0 0 0 71484 30296 22313 317455 31770 578 473318 733 733 23288 22313 8814 14474 14474 REIMBURSEMENTS 900099 990 990 990 489515 0 0 16197 52002 12900 12900 26202 280950 264749 10350 5851 60 60 26652 22121 1866 2665 8275 4772 2093 1410 8384 7784 600 806 806 13714 7660 969 5085 39557 33870 2974 2713 8756 8634 122 1736 1522 214 1054 909 45 100 5888 4825 712 351 2836 2209 186 441 TEACHING AND TRAINING M 14622 14610 12 COMPUTER SUPPLES 14082 11095 1493 1494 OTHER SUPPLIES 11969 10008 1546 415 491343 408534 35268 47541 120936 140555 93835 29478 9759 123253 116985 11575 6268 51911 51881 86846 0 300746 302298 2482 6892 2482 6892 X 184164 184900 93825 90231 20275 20275 298264 295406 300746 302298 X -1828 -1030 X X 0 1 1 X 0 X 444557 534720 502536 517789 473318 2472920 444557 534720 502536 517789 473318 2472920 430739 2042181 2268 786 481 387 733 4655 1301 1525 2041 1219 990 7076 2484651 170375 0.82190 0.83500 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 51911 1000 -1030 51881 41571 1000 9340 51911 37197 4374 41571 17714 21025 -1542 37197 0.49000 0.39000 0.12000 1 0 123253 116985 6268 6268 INVESTMENTS - BENEFICIAL INTEREST IN INVESTMENTS HELD BY OTHERS 51881 C 51881 489515 491343 -1828 -1030 -1030 -2858 507104 -1030 9805 8814 17589 489515 0 489515 509962 9805 8814 18619 491343 0 491343 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE ENDOWMENT FUNDS ARE USED FOR FINANCIAL SUPPORT OF THE ORGANIZATION NOT ORDINARILY PROVIDED THROUGH THE ESTABLISHED OPERATING BUDGET OR AS AN ADDITION TO AREAS PROVIDED FOR IN THE OPERATING BUDGET. THE ENDOWMENT FUNDS ARE HELD BY THE EAU CLAIRE COMMUNITY FOUNDATION. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE ORGANIZATION FOLLOWS THE ACCOUNTING STANDARDS FOR CONTINGENCIES IN EVALUATING UNCERTAIN TAX POSITIONS. THIS GUIDANCE PRESCRIBES RECOGNITION THRESHOLD PRINCIPLES FOR THE FINANCIAL STATEMENT RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN THAT ARE NOT CERTAIN TO BE REALIZED. NO LIABILITY HAS BEEN RECOGNIZED BY THE ORGANIZATION FOR UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2012 AND 2011. THE ORGANIZATION'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. THE TAX RETURNS FOR FOR FISCAL YEARS 2009 AND THEREAFTER ARE OPEN TO EXAMINATION BY FEDERAL AND STATE AUTHORITIES. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT EXPENSES FROM SPECIAL EVENTS 8,814. PART XIII, LINE 2D - OTHER ADJUSTMENTS: DIRECT EXPENSES FROM SPECIAL EVENTS 8,814. TOAST FOR LITERACY 12101 1418 10683 3900 150 1179 SCRABBLE BEE 33116 20895 12221 400 1988 1197 1 384 384 45601 22313 23288 400 5888 150 2376 8814 14474 FORM 990, PART VI, SECTION A, LINE 1 BYLAWS: ARTICLE 7, SECTION 3 EXECUTIVE COMMITTEE: THE EXECUTIVE COMMITTEE SHALL CONSIST OF THE OFFICERS AND THE CHAIRS OF THE STANDING COMMITTEES. THE EXECUTIVE COMMITTEE SHALL HAVE ALL THE POWERS OF THE BOARD OF DIRECTORS DURING INTERVALS BETWEEN BOARD MEETINGS SUBJECT ALWAYS TO RATIFICATION BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 2 LAURIE KLINKHAMMER AND MARIANNE KLINKHAMMER - FAMILY RELATIONSHIP FORM 990, PART VI, SECTION B, LINE 11 A COPY OF THE LITERACY VOLUNTEERS FORM 990 IS EMAILED TO ALL CURRENT BOARD MEMBERS FOR THEM TO LOOK OVER INDIVIDUALLY BEFORE THE EXECUTIVE COMMITTEE MEETING, THEN AT THE EXECUTIVE COMMITTEE MEETING IT IS REVIEWED AND APPROVED. FORM 990, PART VI, SECTION B, LINE 12C EVERY YEAR, BOARD MEMBERS ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST FORM. IF THERE IS A CONFLICT OF INTEREST IT IS INVESTIGATED BY THE BOARD AND A DETERMINATION IS MADE IF A TRUE CONFLICT EXISTS. IF A CONFLICT DOES EXIST, THE CONFLICTED BOARD MEMBER WOULD ABSTAIN ON VOTING REGARDING THE CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 ANNUALLY, THE BOARD OF DIRECTORS REVIEWS AND APPROVES COMPENSATION FOR ALL EMPLOYEES. A COMPENSATION ANALYSIS IS COMPILED BY MANAGEMENT AND PROVIDED TO THE BOARD TO ASSIST WITH THE APPROVAL OF THE SALARY INCREASES. THE BOARD APPROVED A SALARY INCREASE FOR MOST OF THE EMPLOYEES OF THE ORGANIZATION. FORM 990, PART VI, SECTION C, LINE 19 LITERACY VOLUNTEERS NOTES IN ITS ANNUAL REPORT THAT THE AUDIT REPORTS AND IRS FORMS ARE AVAILABLE FOR REVIEW. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -1,030. FORM 990, PART XII, LINE 2C THE OVERSIGHT AND SELECTION FOR THE AUDIT OF THE FINANCIAL STATEMENTS DID NOT CHANGE FROM THE PRIOR YEAR.