NonprofitsLiteracy Academy Collective Inc

Education

Literacy Academy Collective Inc

NEW YORK, NY

Total revenue

$1.4M

Total expenses

$540K

Net assets

$880K

Grants received

$2M

9 grants

EIN

872913798

Tax year

2024

Mission

To break the cycle of illiteracy for students with dyslexia, lblds, and other struggling readers.

Financials

FY 2024

Revenue

Contributions & grants$1.4M
Program service revenue
Investment income
Other revenue$49
Total revenue$1.4M

Expenses

Grants paid
Salaries & benefits$317K
Fundraising$55K
Other expenses$223K
Total expenses$540K
Total assets$954K
Net assets$880K

People

7 listed

NameRoleCompensation

RUTH GENN

EXECUTIVE DIRECTOR

Board

40 hrs/wk

EMILY HELLSTROM

SECRETARY (THROUGH 5/24)

Board

40 hrs/wk

JEANNINE KIELY

CHAIR

Board

1 hrs/wk

INGRID BATEMAN

DIRECTOR

Board

1 hrs/wk

DR MEISHA PORTER

DIRECTOR

Board

1 hrs/wk

ANDY RAFAL

DIRECTOR

Board

1 hrs/wk

DR JAMIE WILLIAMSON

DIRECTOR

Board

1 hrs/wk

Grants received

Showing 9 of 9

FromAmountPurposeYear
$325K
INSTRUCTIONAL LEADS
2024
$215K
INNOVATIVE SCHOOLS
2024
$200K
GENERAL OPERATING SUPPORT
2024
$150K
FOR PROGRAM SUPPORT.
2024
$125K
GENERAL OPERATING SUPPORT
2024
$659K
LITERACY ACADEMY SCHOOL SUPPORT
2023
$201K
For grant recipient's exempt purposes
2023
$100K
FOR PROGRAM SUPPORT.
2023

Funded by

$2M from 8 funders · 9 grants · 2023–2024

The Hollyhock Foundation Inc

$325K · 1 grant · 2024

The New York Community Trust

$250K · 2 grants · 2023–2024

New Schools Fund

$215K · 1 grant · 2024

Tiger Foundation

$200K · 1 grant · 2024

Arbor Brothers Inc Dba Arbor Rising

$125K · 1 grant · 2024

Details

EIN872913798
NTEE codeB92
Subsection03
Ruling date2024-10
Formed2021
Employees0
Volunteers5
LITERACY ACADEMY COLLECTIVE INC — Mission, Financials & Grants Received | Grantivo