Overview

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Closed

This organization closed in 2023. It filed a final 990 indicating termination and no longer appears as active in IRS records, as it is absent from the EO Business Master File and Pub78 List.

Est.

1985

Latest Fiscal Year

Not available

Organization Type

Grantseeker

990s

990 file icon
2023
990 file icon
2022
990 file icon
2021
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AI Summary

The Literacy Council is a nonprofit organization dedicated to providing literacy instruction to individuals and families, aiming to strengthen communities and improve quality of life through advocacy for literacy awareness and services. With an operating budget of $171.6K in 2023, it relies on diverse funding sources, including major contributions from organizations such as DONOR ADVISED CHARITABLE GIVING INC and The Bank of America Charitable Foundation Inc. The organization does not depend on a single funder for 50% or more of its revenue. For more information, visit www.theliteracycouncil.org.

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Mission Statement

THE LITERACY COUNCIL EXISTS TO PROVIDE LITERACY INSTRUCTION TO INDIVIDUALS AND FAMILIES TO STRENGTHEN COMMUNITIES, TO IMPROVE THE QUALITY OF LIFE FOR INDIVIDUALS, AND TO ADVOCATE FOR LITERACY AWARENESS AND SERVICES.

Cause Areas

1
Adult education
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Financials

2023
Revenues
-$59.2K
Expenses
$171.6K
Net Income:
-$230.9K
Assets
$0
Liabilities
$0
Net Assets:
+$0

Financial Trends

2023
Operating Budget
$171.6K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Not in Business Master File
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Top Funders

Funder
Total Funding
Funding Share
Logo for "UNITED WAY OF ROCK RIVER VALLEY"
UNITED WAY OF ROCK RIVER VALLEY
Rockford, IL, US
$641K
8%
THE STEINMAN FOUNDATION
Lancaster, PA, US
$132K
< 1%
UNITED WAY OF BOONE COUNTY IL
Belvidere, IL, US
$72.3K
3%

Grants Received

2024
Total No. of Grants
7
Median grant size
$5K
Largest grant received
$40K

Board & Team

W
William Grennell
Board Member
T
Tyler Pickering
Board Member
N
Nicole Fasano
Board Member
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Frequently Asked Questions

What is THE LITERACY COUNCIL’s budget?
In 2023, THE LITERACY COUNCIL reported an annual operating budget of around $172 thousand. More detailed financial information is available to registered users.
What causes does THE LITERACY COUNCIL support?
THE LITERACY COUNCIL supports work in Adult education.
Where does THE LITERACY COUNCIL operate?
THE LITERACY COUNCIL is headquartered in ROCKFORD, IL.
Who funded THE LITERACY COUNCIL recently?
In 2024, THE LITERACY COUNCIL received grants from THE STEINMAN FOUNDATION, THE DANIEL FOUNDATION OF ALABAMA, and Gloyd Family Foundation. More information on this organization’s funders is available to registered users.
What is the largest grant THE LITERACY COUNCIL received in 2024?
The largest grant to THE LITERACY COUNCIL in 2024 exceeds $40 thousand.