NonprofitsLiteracy Trust Inc

Education

Literacy Trust Inc

NUTLEY, NJ

Total revenue

$923K

Total expenses

$1.7M

Net assets

$80K

Grants received

$3.1M

14 grants

EIN

593551080

Tax year

2023

Mission

To leverage what already exists in school communities to increase educational capacity to create more fluent, motivated.

Financials

FY 2023

Revenue

Contributions & grants$508K
Program service revenue$414K
Investment income$227
Other revenue
Total revenue$923K

Expenses

Grants paid
Salaries & benefits$808K
Fundraising$172K
Other expenses$910K
Total expenses$1.7M
Total assets$531K
Net assets$80K

People

9 listed

NameRoleCompensation

ERICA DOHERTY

EXECUTIVE DIRECTOR

Board

$153K

40 hrs/wk

KAREN DANIELS

TREASURER

Board

1 hrs/wk

MICHAEL E GRUEN

SECRETARY

Board

1 hrs/wk

SUMEET CHUGANI

CO-CHAIR

Board

1 hrs/wk

CHRISTINA TETTONIS

DIRECTOR

Board

0.5 hrs/wk

REBECCA TESFAYE

DIRECTOR

Board

0.5 hrs/wk

NADA BSEIKRI

DIRECTOR

Board

0.5 hrs/wk

CATHLEEN COLLINS

CO-CHAIR

Board

1 hrs/wk

ALLISON MAXFIELD

FINANCE DIRECTOR

Staff

$102K

32 hrs/wk

Independent contractors

HIP CHECK LLC

SOFTWARE DEVELOPMENT

$118K

Grants received

Showing 14 of 14

FromAmountPurposeYear
$506K
GENERAL OPERATING
2022
$38K
TO COVER SALARY ASSOCIATED COSTS FOR "SOUND PARTNERS" A LITERACY INTERVENTION PROGRAM AT 3 NORTH SHORE SCHOOLS
2022
$10K
EXPANDING LITERACY IN BROOKLYN
2022
$5K
GENERAL OPERATING SUPPORT
2022
$10K
LITERACY INTERVENTION - MANHATTAN EXPANSION
2021
$2.1M
GENERAL OPERATING
2020
$36K
READING RESCUE - STATEN ISLAND EXPANSION
2020
$36K
GENERAL
2020
$5K
GENERAL OPERATING SUPPORT
2019

Funded by

$3.1M from 8 funders · 14 grants · 2019–2023

Benedict Silverman Foundation

$2.6M · 2 grants · 2020–2022

Leon Lowenstein Foundation Inc

$370K · 2 grants · 2021–2022

The Staten Island Foundation

$74K · 2 grants · 2020–2022

Robin Hood Foundation

$36K · 1 grant · 2020

Td Charitable Foundation

$20K · 2 grants · 2021–2022

American Online Giving Foundation Inc

$11K · 2 grants · 2021–2022

Max & Victoria Dreyfus Foundation Inc

$10K · 2 grants · 2019–2022

Details

EIN593551080
NTEE codeB116
Subsection03
Ruling date1999-07
Formed1998
Employees12
Volunteers8
LITERACY TRUST INC — Mission, Financials & Grants Received | Grantivo