Moore County Literacy Council Inc in Southern Pnes, North Carolina (NC)

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Moore County Literacy Council Inc
Employer Identification Number (EIN)561567404
Name of OrganizationMoore County Literacy Council Inc
AddressPO BOX 1966, Southern Pnes, NC 28388-1966
ActivitiesOther instruction and training
SubsectionEducational Organization
Ruling Date10/1987
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period06/2014
Assets$25,000 to $99,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$63,594
Amount of Income$144,083
Form 990 Revenue Amount$129,648
National Taxonomy of Exempt Entities (NTEE)Educational Institutions and Related Activities: Remedial Reading, Reading Encouragement


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Amount of income in 2014: $144,083
This organization: 

 $144,083
Other organizations performing similar types of work: 

 $801,597

Assets in 2014: $63,594
Moore County Literacy Council Inc: 

 $63,594
Other organizations performing similar types of work: 

 $1,362,769

Expenses in 2014: $122,217
This organization: 

 $122,217
Other organizations performing similar types of work: 

 $740,582

Income to expenses ratio in 2014: 1.2
Moore County Literacy Council Inc: 

 1.2
Other organizations performing similar types of work: 

 1.1

Expenses allocated to program services in 2006: 57.6%
Moore County Literacy Council Inc: 

 57.6%
Other organizations performing similar types of work: 

 86.0%

Number of employees in 2006: 2
Moore County Literacy Council Inc: 

 2
Other organizations performing similar types of work: 

 10

Grants share in income in 2014: 18.5%
Moore County Literacy Council Inc: 

 18.5%
Other organizations performing similar types of work: 

 89.8%

Financial snapshot ($)

Revenue for 2014

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances
201220132014
Total revenue$117,380$120,427$129,648
Contributions, gifts, grants, and similar amounts received$21,698$18,439$23,964
Program service revenue including government fees and contracts$40,938$43,350$54,120
Membership dues and assessments$0$0$0
Investment income$132$81$39
Gain/Loss from sale of assets other than inventory$0$0$0
Net income/loss from gaming and fundraising events$54,569$58,019$51,262
Gross income from gaming$0$0$0
Gross income from fundraising events$69,108$72,284$65,697
Less: direct expenses from gaming and fundraising events$14,539$14,265$14,435
Gross profit/loss from sales of inventory$0$0$0
Other revenue$43$538$263
Total expenses$115,125$117,559$122,217
Total net assets$50,011$52,879$60,310
Excess/Deficit for the year$2,255$2,868$7,431
Net assets or fund balances at beginning of year$47,756$50,011$52,879
Other changes in net assets or fund balances$0$0$0
Net assets or fund balances at end of year$50,011$52,879$60,310
Balance Sheets
201220132014
Total assets$52,741$56,066$63,594
Total liabilities$2,730$3,187$3,284
Net assets or fund balances$50,011$52,879$60,310
Other Information
201220132014
Did the organization engage in any significant activity not previously reported to the IRS?NoNoNo
Were any significant changes made to the organizing or governing documents?NoNoNo
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNoNo
Has the organization filed a Form 990-T for the year?NoNoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?NoNoNo
Amount of political expenditures, direct or indirect$0$0$0
Did the organization file Form 1120-POL for this year?NoNoNo
Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return?NoNoNo
Total amount involved$0$0$0
Initiation fees and capital contributions$0$0$0
Gross receipts for public use of club facilities$0$0$0
Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ?NoNoNo
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNoNo
Reason for Public Charity Status (for 2014)
The organization is not a private foundation because it is:An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Number of organizations supported0
Sum of amounts of support$0
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2010 - 2014)
2010 - 2014 Total
Public Support$563,084
Subtotal Support$563,084
Gifts, grants, contributions, and membership fees received$563,084
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
The portion of total contributions by each person (other than a governmental unit or publicly supported organization) that exceeds 2% of the total support$0
Total Support$564,153
Public Support$563,084
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$1,069
Net income from unrelated business activities, whether or not the business is regularly carried on$0
Other income. Do not include gain or loss from the sale of capital assets$0
Gross receipts from related activities, etc.$0
Revenue, Expenses, and Changes in Net Assets or Fund Balances
2000200120022003200420052006
Total revenue$81,277$69,156$84,943$83,315$61,820$68,728$104,439
Contributions, gifts, grants, and similar amounts received$79,569$38,921$45,030$66,209$61,760$37,926$65,652
Contributions to donor advised funds$23,473
Direct public support$0$32,546$35,280$54,589$41,649$15,332$42,179
Indirect public support$0$6,375$9,750$11,620$239$22,594$0
Government contributions (grants)$0$0$0$0$19,872$0$0
Program service revenue including government fees and contracts$0$29,174$30,956$16,243$0$30,472$38,710
Membership dues and assessments$0$0$25$60$0$0$0
Interest on savings and temporary cash investments$0$0$17$35$48$78$197
Dividends and interest from securities$0$0$0$0$0$0$0
Net rental income or (loss)$0$0$0$0$0$0$0
Gross rents$0$0$0$0$0$0$0
Less: rental expenses$0$0$0$0$0$0$0
Other investment income$0$300$0$0$0$0$0
Gain or (loss) from sales of assets other than inventory$0$0$0$0$0$0$0
Gross amount from sales of assets other than inventory$0$0$0$0$0$0$0
Less: cost or other basis and sales expenses$0$0$0$0$0$0$0
Net income or (loss) from special events and activities$0$0$8,506$0$0$0$0
Gross revenue$0$0$12,428$0$0$0$0
Less: direct expenses other than fundraising expenses$0$0$3,922$0$0$0$0
Gross profit or (loss) from sales of inventory$0$351$287$113$6$222$-492
Gross sales of inventory, less returns and allowances$0$549$418$149$437$222$0
Less: cost of goods sold$0$198$131$36$431$0$492
Other revenue$963$410$122$655$6$30$372
Total expenses$89,073$82,526$78,677$64,116$70,334$78,595$102,378
Program services$0$45,974$49,595$23,358$43,096$40,469$58,996
Management and general$0$36,552$29,082$40,758$13,087$34,652$31,956
Fundraising$0$0$0$0$14,151$3,474$11,426
Payments to affiliates$0$0$0$0$0$0$0
Net assets or fund balances at end of year$42,512$27,388$35,760$38,735$30,098$32,614$34,675
Excess or (deficit) for the year$-7,795$-13,370$6,266$19,199$-8,514$-9,867$2,061
Net assets or fund balances at beginning of year$50,308$43,451$30,118$35,760$38,735$42,481$32,614
Other changes in net assets or fund balances$0$-2,693$-624$-16,224$-123$0$0
Statement of Functional Expenses (for 2006)
TotalProgram servicesManagement and generalFundraising
Total functional expenses$102,378$58,996$31,956$11,426
Grants paid from donor advised funds$0
Other grants and allocations$0
Specific assistance to individuals$0
Benefits paid to or for members$0
Compensation of current officers, directors, key employees, etc.$41,528$25,815$15,713$0
Compensation of former officers, directors, key employees, etc.$0$0$0$0
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0$0$0
Salaries and wages of employees not included above$0$0$0$0
Pension plan contributions not included above$0$0$0$0
Employee benefits not included above$2,743$2,743$0$0
Payroll taxes$2,962$1,975$987$0
Professional fundraising fees$0$0$0$0
Accounting fees$4,280$0$4,280$0
Legal fees$0$0$0$0
Supplies$979$979$0$0
Telephone$2,015$0$2,015$0
Postage and shipping$1,731$1,233$0$498
Occupancy$12,000$9,600$2,400$0
Equipment rental and maintenance$0$0$0$0
Printing and publications$517$0$517$0
Travel$491$491$0$0
Conferences, conventions, and meetings$568$568$0$0
Interest$0$0$0$0
Depreciation, depletion, etc.$1,647$341$1,306$0
Other expenses not covered above$30,917$15,251$4,738$10,928
Balance Sheets
2000200120022003200420052006
Total assets$45,022$28,569$36,229$48,147$40,260$38,793$41,650
Cash - non-interest-bearing$0$521$2,711$10$27$3$3
Savings and temporary cash investments$0$13,187$17,456$36,616$30,693$25,925$28,332
Accounts receivable less allowance for doubtful accounts$0$0$0$0$0$0$0
Pledges receivable less allowance for doubtful accounts$0$0$0$0$0$0$0
Grants receivable$0$0$0$0$0$0$0
Receivables from current and former officers, directors, trustees, and key employees$0$0$0$0$0$0$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0
Other notes and loans receivable less allowance for doubtful accounts$0$0$0$0$0$0$0
Inventories for sale or use$0$9,665$9,665$0$0$0$0
Prepaid expenses and deferred charges$0$0$0$0$0$2,928$2,971
Investments - publicly-traded securities$0
Investments - other securities$0$0$0$0$0$0$0
Investments - land, buildings, and equipment less accumulated depreciation$0$5,196$0$0$0$0$0
Investments - other$0$0$0$0$0$0$0
Land, buildings, and equipment less accumulated depreciation$0$0$6,397$11,521$9,540$9,937$10,344
Other assets, including program-related investments$0$0$0$0$0$0$0
Total liabilities$2,510$1,181$469$9,412$10,162$6,179$6,975
Accounts payable and accrued expenses$0$1,181$469$9,412$10,162$3,179$5,475
Grants payable$0$0$0$0$0$0$0
Deferred revenue$0$0$0$0$0$3,000$1,500
Loans from officers, directors, trustees, and key employees$0$0$0$0$0$0$0
Tax-exempt bond liabilities$0$0$0$0$0$0$0
Mortgages and other notes payable$0$0$0$0$0$0$0
Other liabilities$0$0$0$0$0$0$0
Total liabilities and net assets/fund balances$0$28,569$36,229$48,147$40,260$38,793$41,650
Total net assets or fund balances$42,512$27,388$35,760$38,735$30,098$32,614$34,675
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
2000200120022003200420052006
Total revenue$0$0$0$0$0$68,728$104,439
Total revenue, gains, and other support per audited financial statements$0$0$0$0$0$68,728$104,439
Other expenses$0$0$0$0$0$0$0
Net unrealized gains on investments$0$0$0$0$0$0$0
Donated services and use of facilities$0$0$0$0$0$0$0
Recoveries of prior year grants$0$0$0$0$0$0$0
Other$0$0$0$0$0$0$0
Other revenue$0$0$0$0$0$0$0
Investment expenses$0$0$0$0$0$0$0
Other$0$0$0$0$0$0$0
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
2000200120022003200420052006
Total expenses$0$0$0$0$0$78,595$102,378
Total expenses and losses per audited financial statements$0$0$0$0$0$78,595$102,378
Other revenue$0$0$0$0$0$0$0
Donated services and use of facilities$0$0$0$0$0$0$0
Prior year adjustments$0$0$0$0$0$0$0
Losses$0$0$0$0$0$0$0
Other$0$0$0$0$0$0$0
Other expenses$0$0$0$0$0$0$0
Investment expenses$0$0$0$0$0$0$0
Other$0$0$0$0$0$0$0
Current Officers, Directors, Trustees, and Key Employees
Total number of officers, directors, and trustees permitted to vote on organization business at board meetings11
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?No
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?No
Does the organization have a written conflict of interest policy?No
Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?No
Was there a liquidation, dissolution, termination, or substantial contraction during the year?No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?No
Direct and indirect political expenditures$0
Did the organization file Form 1120-POL for this year?No
Were substantially all dues nondeductible by members?
Did the organization make only in-house lobbying expenditures of $2,000 or less?
Dues, assessments, and similar amounts from members$0
Section 162(e) lobbying and political expenditures$0
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices$0
Taxable amount of lobbying and political expenditures$0
Does the organization elect to pay the section 6033(e) tax on the amount above?
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?No
Amount of tax imposed on the organization during the year under: section 4911$0
Amount of tax imposed on the organization during the year under: section 4912$0
Amount of tax imposed on the organization during the year under: section 4955$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?No
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958$0
Amount of tax above, reimbursed by the organization$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?No
Did the organization acquire a direct or indirect interest in any applicable insurance contract?No
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?No
Number of employees employed in the pay period that includes March 12, 20062
Analysis of Income-Producing Activities (for 2006)
Unrelated business incomeExcluded by section 512, 513, or 514Related or exempt function income
Business codeAmountExclusion codeAmount
Total$0$0$39,279
Program service revenue
Program service revenue 1000000$000$0$38,710
Program service revenue 2000000$000$0$0
Program service revenue 3000000$000$0$0
Program service revenue 4000000$000$0$0
Program service revenue 5000000$000$0$0
Medicare/Medicaid payments000000$000$0$0
Fees and contracts from government agencies000000$000$0$0
Membership dues and assessments000000$000$0$0
Interest on savings and temporary cash investments000000$000$0$197
Dividends and interest from securities000000$000$0$0
Net rental income or (loss) from real estate
debt-financed property000000$000$0$0
not debt-financed property000000$000$0$0
Net rental income or (loss) from personal property000000$000$0$0
Other investment income000000$000$0$0
Gain or (loss) from sales of assets other than inventory000000$000$0$0
Net income or (loss) from special events000000$000$0$0
Gross profit or (loss) from sales of inventory000000$000$0$0
Other revenue000000$000$0$372
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2006)
EIN of corporation, partnership, or disregarded entityPercentage of ownership interestTotal incomeEnd-of-year assets
0%$0$0
0%$0$0
0%$0$0
0%$0$0
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2006)
CompensationContributions to employee benefit plans & deferred compensationExpense account and other allowances
$0$0$0
$0$0$0
$0$0$0
$0$0$0
$0$0$0
Total number of other employees paid over $50,0000
Statements About Activities (for 2006)
Expenses paid or incurred in connection with the lobbying activities$0
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?No
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?No
Did the organization maintain any donor advised funds?No
Did the organization make any taxable distributions under section 4966?No
Did the organization make a distribution to a donor, donor advisor, or related person?No
The total number of donor advised funds owned at the end of the tax year$0
The aggregate value of assets held in all donor advised funds owned at the end of the tax year$0
The total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts$0
The aggregate value of assets held in all funds or accounts included above at the end of the tax year$0
Reason for Non-Private Foundation Status
The organization is not a private foundation because it isOrganization that receives a substantial part of its support from a governmental unit or from the general public
Support Schedule
1999200020012002200320042005
Total$65,192$0$0$88,904$83,525$68,806$68,806
Gifts, grants, and contributions received$58,966$0$0$88,862$75,161$68,728$68,728
Membership fees received$0$0$0$0$0$0$0
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose$0$0$0$0$0$0$0
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975$1,226$0$0$42$35$78$78
Net income from unrelated business activities not included above$0$0$0$0$0$0$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf$5,000$0$0$0$7,500$0$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge$0$0$0$0$0$0$0
Other income$0$0$0$0$829$0$0
Lobbying Expenditures by Electing Public Charities (for 2006)
Total exempt purpose expenditures$0
Total lobbying expenditures$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)$0
Total lobbying expenditures to influence a legislative body (direct lobbying)$0
Other exempt purpose expenditures$0
Lobbying nontaxable amount$0
Grassroots nontaxable amount$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Reach Out And Read Inc56 Roland St, Boston, MA 02129-1235MA1999-12$12,669,591
2Laubach Literacy InternationalSyracuse, NY 13210NY$10,037,658
3Rx For Reading141 N Bristol Ave, Los Angeles, CA 90049-2601CA1994-03$3,849,724
4Blue Hills Community Services Corporation5008 Prospect Ave, Kansas City, MO 64130-2651MO1975-08$3,629,437
5Read Alliance Inc, Read Alliance80 Maiden Lane Suite 1100, New York, NY 10038-4811NY2000-03$2,402,857
6Moore County Literacy Council IncPO BOX 1966, Southern Pnes, NC 28388-1966NC1987-10$144,083
7Reading Is Fundamental Pittsburg10 Childrens Way Ste 300, Pittsburgh, PA 15212-5250PA1988-04$1,287,524
8Wonder Of Reading120 North Robertson Blvd, Los Angeles, CA 90048-3108CA1994-10$1,145,791
9The Joseph And Winifred Amaturo Education Foundation Inc2929 E Commercial Blvd Ste 408, Ft Lauderdale, FL 33308-4220FL2007-02$519,701
10Sonday Reading Center6950 France Ave S Ste 22, Edina, MN 55435-2016MN2007-12$189,760
11Circle Of Care2700 91st Crescent North, Brooklyn Park, MN 55443MN2000-09$0
12Imagery And Learning Institute Inc4547 Baylor Camp Rd, Crawford, TX 76638-2784TX2004-10$0
13Jackson Entertainment Group IncPO BOX 46752, Little Rock, AR 72214-6752AR2000-09$0
14Living Books Literacy Center Inc1421 Dapplegrey Lane, Austin, TX 78727TX1999-03$0
15Partners In Reading Loose Leaf Fdn576 Sacramento St Fl 4, San Francisco, CA 94111-3018CA2002-07$0
16Progressive Way Literacy Program5015 W Chicago Ave, Chicago, IL 60651-3004IL1999-12$0
17Reading Kids Olympics1614 N Reedsville Rd, Lake Geneva, WI 53147WI1964-02$0
18Technology Empowerment Community Development Corporation, Tecdc1400 Mercantile Ln Ste 210, Largo, MD 20774-5352MD2003-02$0
19The Olive Branch Foundation Inc311 S Harrison Ave, Kirkwood, MO 63122-5801MO2002-09$0
20Uplifting MinistriesPO BOX 2794, Jackson, MS 39207-2794MS2006-10$0
Number of organizations performing similar types of work
Arkansas1
Arizona1
California3
Florida2
Illinois1
Massachusetts1
Maryland1
Michigan1
Minnesota2
Missouri2
Mississippi2
North Carolina1
New York2
Pennsylvania1
South Carolina1
Texas3
Virginia1
Wisconsin2
Total28

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