Clarksville Montgomery Co. Adult Literacy Council
Fiscal Year
Fiscal Year Start
07/01/2023
Fiscal Year End
06/30/2024
Projected Revenue
$35,000.00
Projected Expenses
$35,000.00
Organizational Budgets and Other Documents
IRS Letter of Exemption
| Clarksville Mongtomery Co. Adult Literacy Council IRS Letter of Determination |
Detailed Financials
Revenue and Expenses
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Revenue | $44,096.00 | $37,776.00 | $52,355.00 |
| Total Expenses | $34,698.00 | $41,585.00 | $54,793.00 |
| Revenue Less Expenses | $9,398.00 | ($3,809.00) | ($2,438.00) |
Revenue Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Foundation and Corporation Contributions | $0.00 | $0.00 | $0.00 |
| Government - Federal | $0.00 | $0.00 | $0.00 |
| Government - State | $0.00 | $6,000.00 | $0.00 |
| Government - Local | $0.00 | $0.00 | $0.00 |
| Government - Unspecified | $0.00 | $0.00 | $15,482.00 |
| Contributions, Gifts, and Grants | $0.00 | $1,896.00 | $7,011.00 |
| Indirect Public Support | $38,096.00 | $29,880.00 | $29,862.00 |
| Earned Revenue | $0.00 | $0.00 | $0.00 |
| Investment Income, Net of Losses | $0.00 | $0.00 | $0.00 |
| Membership Dues | $0.00 | $0.00 | $0.00 |
| Special Events | $0.00 | $0.00 | $0.00 |
| Revenue In-Kind | $6,000.00 | $0.00 | $6,000.00 |
| Other | $0.00 | $0.00 | $0.00 |
Expense Allocation
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Program Expense | $34,698.00 | $41,585.00 | $54,793.00 |
| Administration Expense | $0.00 | $0.00 | $0.00 |
| Fundraising Expense | $0.00 | $0.00 | $0.00 |
| Total Revenue/Total Expenses | 127% | 91% | 96% |
| Program Expense/Total Expenses | 100% | 100% | 100% |
| Fundraising Expense/Contributed Revenue | 0% | 0% | 0% |
Top Funding Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Top Funding Source & Dollar Amount | Federated Campaigns $38,096.00 | Federated Campaigns $29,880.00 | Federated Campaigns $29,862.00 |
| Second Highest Funding Source & Dollar Amount | Noncash Contributions $6,000.00 | State Government Grants $6,000.00 | Government Grants $15,482.00 |
| Third Highest Funding Source & Dollar Amount | $0.00 | Contributions, Gifts, Grants $1,896.00 | Contributions, Gifts, and Grants $7,011.00 |
Assets and Liabilities
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $38,193.00 | $13,556.00 | $12,365.00 |
| Current Assets | $38,193.00 | $13,556.00 | $12,365.00 |
| Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
| Current Liabilities | $20,239.00 | $5,000.00 | $0.00 |
| Total Net Assets | $17,954.00 | $8,556.00 | $12,365.00 |
Endowment Info
Do you have an endowment?
No
Capital Campaign Info
Are you currently in a Capital Campaign?
No
Solicitation Permit Info
State Charitable Solicitations Permit
Yes
Permit Expiration Month
December
Permit Expiration Year
2024
Solicitations Permit
Form 990s
Audit Documents
| Projected Revenue & Expenses | 2020 |
| Projected Revenue & Expenses | 2019 |
Foundation Staff Comments
| Financial data taken from organization's Form 990. Form 990 was prepared by Ritter Tax & Accounting Services, CPA. Comments provided by Hayley Sulfridge 3/12/24. |
