Literacy Assistance Center Inc

Education organization based in New York, NY. 18 employees. Exempt under §501(c)(3).

MissionTHE MISSION OF THE LITERACY ASSISTANCE CENTER (LAC) IS TO STRENGTHEN AND EXPAND THE ADULT EDUCATION SYSTEM, AND TO ADVANCE ADULT LITERACY AS A CORE VALUE IN OUR SOCIETY AND A FOUNDATION FOR EQUAL OPPORTUNITY AND SOCIAL JUSTICE. SINCE 1983, THE LAC HAS BEEN WORKING TO BUILD THE

EIN
13-3179618
State
NY
Sector
Education
Budget band
$1M–$2.5M
Latest filing
TY 2023
Records
6 officers · 5 years

Financial snapshot · TY 2023

$2.4M
Total revenue
$2.6M
Total expenses
$1.6M
Net assets

Financial health · TY 2023

48
Moderate financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
30
5.3 months of expenses
Program efficiency
83
83.2% spent on programs
Revenue diversity
12
Mix of program fees, grants & contributions

Leadership compensation

Ira Yankwitt
EXECUTIVE DI
$169,317
82th percentile vs. peers
$153,794
77th percentile vs. peers
$114,508
77th percentile vs. peers
Gregory Jacques
SENIOR DEVEL
$114,459
77th percentile vs. peers
Cynthia Bell
DIR. OF WORK
$111,545
77th percentile vs. peers

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Literacy Assistance Center Inc Executive Compensation | 990 Data | DoubleNine