LITERACY NETWORK INC

MADISON, WI, 53713-1900 (608) 244-3911 Est. 1976 EIN 51-0180488
B92Z - Education 990 - Public charity return 501(c)(3)
www.litnetwork.org

Mission

LITERACY NETWORK HELPS ADULTS IN DANE COUNTY BUILD SKILLS, REACH GOALS, AND CONNECT COMMUNITIES.

Financials

Total Revenue
$2,591,155
Total Expenses
$2,151,253
Net Assets
$4,054,614
417 volunteers
From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve
22.6 months Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 47.4%
Expenses ↑ 16.0%
Revenue Sources
Contributions 89.3% Earned revenue 3.8% Investment 7.2%
Expense Breakdown
Program 84.0% Management 8.7% Fundraising 7.3%

Officers & Key Employees (22)

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Grants Received (96)

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Filing History (6 filings)

YearRevenueExpensesNet Assets
2024 990 - Public charity return
Jan 1, 2024 to Dec 31, 2024
$2,591,155 ↑$2,151,253$4,054,614
2023 990 - Public charity return
Jan 1, 2023 to Dec 31, 2023
$1,757,358 ↑$1,853,731$3,624,411
2022 990 - Public charity return
Jan 1, 2022 to Dec 31, 2022
$1,534,359 ↓$1,738,093$3,589,311
2021 990 - Public charity return
Jan 1, 2021 to Dec 31, 2021
$2,002,520 ↑$1,333,832$4,012,143
2020 990 - Public charity return
Jan 1, 2020 to Dec 31, 2020
$1,247,905 ↓$1,140,914$3,295,455
2018 990 - Public charity return
Jan 1, 2018 to Dec 31, 2018
$1,389,549 $1,142,059$3,035,299

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EIN: 51-0180488 · Source: IRS Form 990 e-file data