The Literacy Connection

Education organization based in Elgin, IL. 8 employees. Exempt under §501(c)(3).

MissionThe Literacy Connection is a community-based organization helping adults learners in Elgin and the surrounding northwest suburban area acquire fundamental literacy skills.

Financial snapshot · TY 2022

$237K
Total revenue
$191K
Total expenses
$233K
Net assets

Financial health · TY 2023

26
Financial health needs attention
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
64
11.6 months of expenses
Program efficiency
0
Program expenses as % of total
Revenue diversity
1
Mix of program fees, grants & contributions

Leadership compensation

Patricia Williams
Executive Dir.
$57,429
62th percentile vs. peers

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The Literacy Connection Executive Compensation | 990 Data | DoubleNine