LITERACY CONNECTIONS OF WAYNE COUNTY INC

GOLDSBORO, NC, 27530-4119 (919) 580-4030 EIN 47-4594755

B60 - Adult Education 990 - Public charity return 501(c)(3)

Mission

PROMOTE ADULT LITERACY IN WAYNE COUNTY, NC.

Total Revenue

$242,011

Total Expenses

$275,726

Net Assets

$128,150

75 volunteers

From latest filing (tax period ending 2024-12-31)

Operating Reserve

5.6 months Adequate

Net assets / monthly expenses

Year-over-Year Change

Revenue ↓ 1.3%

Expenses ↑ 19.3%

Revenue Sources

Contributions 84.8% Investment 2.3% Other 13.0%

Expense Breakdown

Program 75.4% Management 14.7% Fundraising 9.9%

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Year	Revenue	Expenses	Net Assets
2024 990 - Public charity return Jan 1, 2024 to Dec 31, 2024	$242,011 ↓	$275,726	$128,150
2023 990 - Public charity return Jan 1, 2023 to Dec 31, 2023	$245,258 ↑	$231,182	$161,865
2022 990 - Public charity return Jan 1, 2022 to Dec 31, 2022	$239,833 ↑	$208,228	$147,789
2021 990 - Public charity return Jan 1, 2021 to Dec 31, 2021	$203,378 ↓	$198,129	$116,184
2020 990 - Public charity return Jan 1, 2020 to Dec 31, 2020	$210,898 ↑	$203,355	$110,935
2018 990-EZ - Short-form return Jan 1, 2018 to Dec 31, 2018	$184,506	$178,837	$98,217