Financial Information FY2006

Program and Operating Funds

Revenue

Government Grants and Contracts
Private Foundations
Corporate Grants
Individuals & Family Foundations
Special Events
Investment Income
Total Revenues

$ 1,721,373
$ 820,666
$ 94,170
$ 205,131
$ 25,180
$ 3,584
$2,870,104

Expenses

Personnel
Contracted Services
Audit, Accounting, Payroll Services
Space Costs
Telephone Internet
Equipment (non-capitalized)
Staff Travel
Classroom and Program Supplies
Student Transportation and Other Assistance
Office and Program Operating Expense
Staff Development
Marketing/PR
Interest Expense - Mortgage
Total Expenses

$ 2,285,588
$ 189,213
$ 27,114
$ 111,502
$ 15,617
$ 11,520
$ 9,124
$ 95,905
$ 52,930
$ 48,894
$ 5,477
$ 9,625
$ 2,439
$2,864,948
 

Unrestricted net assets

$ 5,156

Distribution of Program Resourcestable

Functional Literacy: Adult Basic Literacy, ESOL, English Language/Civics, Learning Resource Center, College Preparatory Program $1,231,045
Workforce Literacy: Workforce Readiness Skills Training, Internships, Career Counseling and Job Placement Services, Clothing Collaborative, Career Academy Program $597,531
Family Literacy: On-site and School-based Parent-Child Literacy, After-school Programs, Adult and Parenting Education $579,555
Student Support Services: Individual and Family Counseling, Case Management, Referral Services $54,934
Fundraising and Development: Development Personnel, Annual Fund, Special Events, Capital Campaign Expenses $276,291
Management and General: Administrative Personnel, Facilities Operations $125,592

IRS Form 990 AR

A Public Inspection Copy of the Organization's most recent IRS Form 990 AR is available upon request to our Development Department