Literacy Network offers adult literacy education in Dane County, Wisconsin. The organization reports that the adults they support improve their skills in English language communications, reading comprehension, and use of information technology. Literacy Network also builds strategic partnerships with schools, businesses, libraries and community organizations to serve local needs. The organization reports that it has more than 500 volunteers who serve 1,000 low-income adults each year through personalized education services and support.
For the year ended December 31, 2020, Literacy Network's program expenses were:
ESL services |
$813,790 |
Adult based education services |
$192,178 |
Total Program Expenses: |
$1,005,968 |
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Chief Executive
Jeff Burkhart, Executive Director
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Compensation*
$97,151
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Chair of the Board
Nicole Cuellar
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Chair's Profession / Business Affiliation
Senior Project Manager, C.G. Schmidt
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Board Size
18
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Paid Staff Size
35
*2020 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Method(s) Used:
Direct mail appeals, Grant proposals, Internet, Invitations to fund raising events, Planned giving arrangements, Telephone appeals, Radio, Cause- related marketing (affinity credit cards, consumer product sales, etc.)
Fundraising costs were 5% of related contributions. (Related contributions, which totaled $1,231,071, are donations received as a result of fundraising activities.)
This organization is tax-exempt under section 501(c) (3) of the Internal Revenue Code.It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on Literacy Network's audited financial statements for the year ended December 31, 2020.
Source of Funds |
Contributions |
$642,344 |
Grants |
$393,396 |
Paycheck Protection Program assistance |
$163,000 |
Investment return, net |
$105,446 |
Rental revenue |
$41,727 |
Special events |
$32,331 |
Program service fees |
$26,565 |
Other revenue |
$2,414 |
Total Income |
$1,407,223 |
- Programs: 83%
- Administrative: 12%
- Fundraising: 5%
Total Income |
$1,407,223 |
Program expenses |
$1,005,968 |
Fundraising expenses |
$61,221 |
Administrative expenses |
$145,074 |
Other expenses |
$0 |
Total expenses: |
$1,212,263 |
Income in Excess of Expenses |
$194,960 |
Beginning Net Assets |
$3,091,237 |
Other Changes In Net Assets |
$9,258 |
Ending Net Assets |
$3,295,455 |
Total Liabilities |
$185,904 |
Total Assets |
$3,481,359 |
Note 1: According to the organization’s 2020 audited financial statements, Literacy Network received in-kind contributions of $50,960 including management and general ($29,067), ESL services ($18,565), adult based education services ($2,694), and fundraising ($634).
Note 2: In the income summary above, “other changes in net assets” refers to change in value of beneficial interest in assets held by Madison Community Foundation.