Overview

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Est.

1991

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

FRIENDS OF LITERACY INC is a nonprofit organization dedicated to improving literacy skills among low-income adults, children, and families in East Tennessee. With an operating budget of $295.3K and total revenue of $232K for the 2024 filing year, the organization relies on diverse funding sources, with no single funder contributing 50% or more of its revenue. More information can be found on their website at www.friendsofliteracy.org.

Mission Statement

FRIENDS OF LITERACY INC IS A NOT FOR PROFIT ORGANIZATION THAT HELPS LOW INCOME ADULTS, CHILDREN AND FAMILIES IN EAST TENNESSEE IMPROVE THEIR LITERACY SKILLS.
Revenues
$232K
Expenses
$295.3K
Net Income:
-$63.3K
Assets
$144.2K
Liabilities
$23.3K
Net Assets:
+$120.9K
Operating Budget
$295.3K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
7
Median grant size
$3K
Largest grant received
$79.8K
T
Teresa Brittain
Board Member
R
Ramo Stott
Board Member
S
Susy Gray
Board Member

Frequently Asked Questions

What is FRIENDS OF LITERACY INC’s budget?
In 2024, FRIENDS OF LITERACY INC reported an annual operating budget of around $295 thousand. More detailed financial information is available to registered users.
What causes does FRIENDS OF LITERACY INC support?
FRIENDS OF LITERACY INC supports work in Reading promotion.
Where does FRIENDS OF LITERACY INC operate?
FRIENDS OF LITERACY INC is headquartered in Knoxville, TN.
Who funded FRIENDS OF LITERACY INC recently?
In 2025, FRIENDS OF LITERACY INC received grants from UNITED WAY OF GREATER KNOXVILLEINC, UNITED WAY OF GREATER KNOXVILLEINC, and THE THOMPSON CHARITABLE FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant FRIENDS OF LITERACY INC received in 2024?
The largest grant to FRIENDS OF LITERACY INC in 2024 exceeds $80 thousand.