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Tyler & Longview TX Serving 19 East Texas Counties

BBB Charity Review


This BBB Accredited Charity meets all 20 Standards for Charity Accountability.
BBB issues Charity Reports on all organizations, whether or not they are BBB accredited. If an organization is a BBB Accredited Charity, it is stated in this report.

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Name: Literacy Council of Tyler
Phone: (903) 533-0330
Fax: (903) 533-1801
Address: 1530 Ssw 323 Loop Ste 120
Tyler, TX 75701-2559
Website: www.lcotyler.org
Report Issued Date: August 28, 2013
Report Expiration Date: February 26, 2017
Original Business Start Date: October 1990
Principal: Ms Nancy Crawford, Executive Director
Customer Contact: Ms Nancy Crawford, Executive Director - (903) 533-0330 or
Type of Business: Charity - Local, Educational Consultants

Stated Purpose

"exists to improve the lives of individuals by eliminating illiteracy through educational services."


Evaluation Conclusions

This organization has been evaluated according to the 20 BBB Standards for Charity Accountability. This organization meets all those Standards and is a BBB Accredited Charity.


Programs

Since it has been shown that adult literacy services are critical for economic development and also for children's success in school, Literacy Council of Tyler provides the following services to adults: Basic Literacy, GED Test Preparation, and English as a Second Language. LCOT enrolls about 2,300 adult students every year and provides services at about 16 different sites in the Smith County area. Instruction is provided at no cost to the adult student, but students do pay a $25 book fee. LCOT has been providing these services since 1990 and has received local, state, and national recognition for its programs. Each new student spends four hours in enrollment. During this time, assessment is completed so that the student and the teacher will know the nature of the educational gaps. Most students are put on a 2-6 week waiting list prior to receiving instruction. Once a student does receive instruction he/she may continue to participate as long as he/she maintains 75% attendance and continues to show progress on a standardized test.

For the year ended December 31, 2011, Literacy Council of Tyler's program expenses were:

Programs :$1,248,921
 
Total Program Expenses:$1,248,921

Governance

Chief Executive Officer:Nancy Crawford, Executive Director
CEO Compensation:$64,890
Chair of the Board:Kristen Seeber
Chair's Profession / Business Affiliation:Community Volunteer
Board Size:23
Paid Staff Size:12 full time and 33 part time

Fund Raising

Method(s) Used:Fund raising methods include: Direct Mail Appeals, Telephone Appeals, Invitations to Fund Raising Events, Print Advertisements, Television, Radio, Grant Proposals, and Internet.


Tax Status

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.


Financial

According to Literacy Council of Tyler's Audited Financial Statements for the year ended December 31, 2011:

Income
 Public Support$219,484
 Grants$1,070,934
 In-Kind Donations - Rent$184,440
 In-Kind Donations $35,821
 Special Events - Net$48,579
 Gain (loss) on Assets$-3,018
 Dividends$5,500
 Interest$329
 Book Sales$19,224
 Total Income:$1,581,293
 
Expenses  % of total
Expenses
 Programs:$1,248,921 83.48%
 Fund Raising:$77,860 5.20%
 Administrative:$169,315 11.32%
 Total Expenses:$1,496,096
 
Excess of Income over Expenses$85,197
Beginning Net Assets$361,805
Ending Net Assets:$447,002
Total Assets$542,020
Total Liabilities$95,018

Notes and Comments

This charity is a member of this Better Business Bureau. Only charities that meet the BBB charity standards are eligible for BBB membership.


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Report as of September 19, 2014 12:00
Copyright© 2014 Better Business Bureau


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