Drew County Literacy Council Inc in Monticello, Arkansas (AR)

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Drew County Literacy Council Inc
Employer Identification Number (EIN)582013879
Name of OrganizationDrew County Literacy Council Inc
Address2476 Highway 35 E, Monticello, AR 71655
ActivitiesOther instruction and training
SubsectionCharitable Organization
Ruling Date10/1992
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 Period06/2012
Assets$1 to $9,999
Income$1 to $9,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$1,420
Amount of Income$1,665
Form 990 Revenue Amount$1,665
National Taxonomy of Exempt Entities (NTEE)Educational Institutions and Related Activities: Remedial Reading, Reading Encouragement


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Amount of income in 2012: $1,665 (it was $34,901 in 2011)
This organization: 

 $1,665
Other organizations performing similar types of work: 

 $37,080

Assets in 2012: $1,420 (it was $3,489 in 2011)
This organization: 

 $1,420
Other organizations performing similar types of work: 

 $178,018

Expenses in 2012: $3,025
This organization: 

 $3,025
Other organizations performing similar types of work: 

 $38,684

Income to expenses ratio in 2012: 0.6
Drew County Literacy Council Inc: 

 0.6
Other organizations performing similar types of work: 

 1.0

Grants share in income in 2012: 100.0%
Drew County Literacy Council Inc: 

 100.0%
Other organizations performing similar types of work: 

 95.4%

Financial snapshot ($)

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2012)
Total revenue$1,665
Contributions, gifts, grants, and similar amounts received$1,665
Program service revenue including government fees and contracts$0
Membership dues and assessments$0
Investment income$0
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$0
Gross profit from sales of inventory$0
Other revenue$0
Total expenses$3,025
Total net assets$1,370
Deficit for the year$-1,360
Net assets or fund balances at beginning of year$2,730
Other changes in net assets or fund balances$0
Balance Sheets (for 2012)
Total assets$1,420
Total liabilities$50
Net assets or fund balances$1,370
Other Information (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
Reason for Public Charity Status (for 2012)
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)
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2012)
2008 - 2012 Total
Total Support$168,004
Gifts, grants, contributions, and membership fees received$168,004
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
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$0
Gross receipts from related activities, etc.$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Libri FoundationPO BOX 10246, Eugene, OR 97440-2246OR1994-01$289,299
2Ponca City Area Literacy Council Inc515 E Grand Ave, Ponca City, OK 74601-5410OK1993-04$37,080
3Pride First Corporation1111 Route 9 Apt A, Garrison, NY 10524-3238NY1997-04$13,672
4Drew County Literacy Council Inc2476 Highway 35 E, Monticello, AR 71655AR1992-10$1,665
Number of organizations performing similar types of work
Arkansas1
New York1
Oklahoma1
Oregon1
Total4

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