2024-10-14T10:55:16-05:00 2023-12-31 390974031 WEGNER CPAS LLP 2921 LANDMARK PL STE 300 MADISON WI 537134236 990 2023-01-01 510180488 LITERACY NETWORK INC LITE 6082443911 701 DANE STREET MADISON WI 53713 ROBIN RYAN EXECUTIVE DIRECTOR 6082443911 2024-10-11 1 0 JASON STEPHENS CPA P01263225 6082744020 2024-10-10 2023 2024-10-15 13:58:12Z ROBIN RYAN 701 DANE STREET MADISON WI 53713 2273537 0 X WWW.LITNETWORK.ORG X 1976 WI LITERACY NETWORK HELPS ADULTS IN DANE COUNTY BUILD SKILLS, REACH GOALS, AND CONNECT COMMUNITIES. 15 15 0 407 647 0 1482483 1736740 49553 52629 9006 -25693 -6683 -6318 1534359 1757358 6450 10500 0 0 1335643 1443460 0 0 136271 396000 399771 1738093 1853731 -203734 -96373 3818336 3883684 229025 259273 3589311 3624411 LITERACY NETWORK HELPS ADULTS IN DANE COUNTY BUILD SKILLS, REACH GOALS, AND CONNECT COMMUNITIES. 0 0 1253938 10500 52629 ENGLISH AS SECOND LANGUAGE SERVICES (ESL)-- LITERACY NETWORK PROVIDES DANE COUNTY ADULTS WITH ENGLISH AS A SECOND LANGUAGE GAIN CITIZENSHIP AND IMPROVE READING, WRITING, COMMUNICATION, AND COMPUTER SKILLS IN PARTNERSHIP WITH BUSINESSES, LIBRARIES, HOSPITALS, CLINICS, SCHOOLS, AND SOCIAL SERVICE AGENCIES TO ACHIEVE FINANCIAL SECURITY, WELL-BEING, AND DEEPER ENGAGEMENT WITH THEIR FAMILIES AND COMMUNITIES. 303546 0 0 ADULT BASED EDUCATION SERVICES--LITERACY NETWORK PROVIDES DANE COUNTY ADULTS WITH ENGLISH AS THEIR NATIVE LANGUAGE OBTAIN THEIR GED AND ENHANCE READING, WRITING, COMMUNICATION, AND COMPUTER SKILLS. 1557484 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 X 4 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 15 15 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 WI X X WILL HOGOBOOM 6089603105 701 DANE STREET MADISON WI 53713 NICOLE CUELLAR PRESIDENT (THRU SEPT) 1.50 X X 0 0 0 TANA ELIAS VICE PRESIDENT 1.50 X X 0 0 0 ANNE KARCH SECRETARY 1.50 X X 0 0 0 JANET BERGER TREASURER 1.50 X X 0 0 0 BEATRICE CHRISTENSEN DIRECTOR 1.00 X 0 0 0 LAU CHRISTENSEN DIRECTOR 1.00 X 0 0 0 J CORKEY CUSTER DIRECTOR 1.00 X 0 0 0 STEPHANIE LE DIRECTOR 1.00 X 0 0 0 STEPHANIE MARQUIS DIRECTOR 1.00 X 0 0 0 STEPHANIE ORTIZ DIRECTOR 1.00 X 0 0 0 SARAH REUSCHE DIRECTOR 1.00 X 0 0 0 LYNN SILVERMAN DIRECTOR (BEGAN JUNE) 1.00 X 0 0 0 SETH UMBAUGH DIRECTOR (BEGAN JUNE) 1.00 X 0 0 0 SUSAN ALBAN DIRECTOR (BEGAN JUNE) 1.00 X 0 0 0 LINDSAY BROMS DIRECTOR (BEGAN JUNE) 1.00 X 0 0 0 DOUGLAS KEILLOR DIRECTOR (BEGAN JUNE) 1.00 X 0 0 0 BEATRIZ E AGUILAR DIRECTOR (THRU SEPT) 1.00 X 0 0 0 DORI BOTTS DIRECTOR (THRU MAY) 1.00 X 0 0 0 LOTUS BUCKNER DIRECTOR (THRU MAY) 1.00 X 0 0 0 JEN NEULS DIRECTOR (THRU MAY) 1.00 X 0 0 0 GABRIELLE ISABEL KELENYI DIRECTOR (THRU MAY) 1.00 X 0 0 0 ROBIN RYAN EXECUTIVE DIRECTOR 36.50 X 102646 0 436 102646 0 436 1 0 0 0 QTI HUMAN RESOURCES LLC 1010 E WASHINGTON AVE STE 314 MADISON WI 53703 LEASED PERSONNEL 1443460 1 206765 89975 401320 1038680 23888 1736740 PROGRAM SERVICE FEES 611691 52629 52629 52629 29313 29313 28786 22244 6542 6542 647 5895 416887 471893 -55006 -55006 -55006 4763 89975 22042 -17279 -17279 4419 4419 4419 1757358 52629 647 -32658 10500 10500 103082 92296 2373 8413 1122358 1004916 25846 91596 27388 24522 631 2235 78065 69896 1798 6371 112567 100788 2592 9187 48734 48734 6853 6853 66505 22324 42997 1184 2864 2360 504 115138 107183 2958 4997 13057 12157 900 39792 35628 917 3247 7953 7470 62 421 7312 5581 1518 213 73711 65998 1697 6016 14800 10373 3466 961 3052 9 3017 26 1853731 1557484 159976 136271 381556 304172 502698 510016 233921 297707 11900 19002 26921 16543 2177458 556214 1641040 1621244 807470 973280 6298 4761 206532 136959 3818336 3883684 74023 110887 3496 0 151506 148386 229025 259273 X 2763240 2750894 826071 873517 3589311 3624411 3818336 3883684 X -96373 201673 -77933 7733 X 0 1 X 1 0 X 1066554 1173564 1904267 1482483 1736740 7363608 1066554 1173564 1904267 1482483 1736740 7363608 146311 7217297 44961 56657 88927 68189 55252 313986 1951 1573 1496 1708 147 6875 7684469 272161 0.93920 0.89500 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 919024 2568 173816 3299 1077 1091032 1157049 4827 -229247 5845 7760 919024 838347 211000 119345 4074 7569 1157049 434737 296000 112604 3947 1047 838347 372574 6000 60950 2405 2382 434737 0.53067 0.30705 0.16228 1 0 215440 215440 1629916 361274 1268642 291226 170818 120408 40876 24122 16754 1621244 DEFERRED LOAN 125000 FINANCE LEASE LIABILITIES 23386 148386 2023177 201673 18980 880 221533 1801644 -44286 -44286 1757358 1910144 18980 44286 63266 1846878 6853 6853 1853731 PART V, LINE 4: LITERACY NETWORK ENDOWMENT CONSISTS OF TWO FUNDS ESTABLISHED FOR A COMPUTER LAB AND BUILDING OPERATIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF BENEFICIAL INTEREST IN ASSETS HELD BY MADISON COMMUNITY FOUNDATION 7,733. INVESTMENT MANAGEMENT FEES REPORTED ON FORM 990, PART IX, LINE 11F -6,853. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES REPORTED ON FORM 990, PART VIII, LINE 6B -22,244. DIRECT EXPENSES REPORTED ON FORM 990, PART VIII, LINE 8B -22,042. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES REPORTED ON FORM 990, PART VIII, LINE 6B 22,244. DIRECT EXPENSES REPORTED ON FORM 990, PART VIII, LINE 8B 22,042. READING BETWEEN THE WINES 47658 43288 4370 12788 2331 675 GROWING THROUGH LITERACY 46687 46687 2953 3295 94345 89975 4370 12788 5284 3970 22042 -17672 1 SCHOLARSHIPS 11 10500 PART I, LINE 2: ONCE FUNDS ARE DISBURSED, THE ORGANIZATION DOES NOT HAVE ANY PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS. FORM 990, PART V, LINE 2A: LITERACY NETWORK, INC. LEASES EMPLOYEES FROM A PROFESSIONAL EMPLOYMENT ORGANIZATION, TANDEM HR. THE EMPLOYEES ARE CONSIDERED COMMON LAW EMPLOYEES OF LITERACY NETWORK, INC., HOWEVER, TANDEM HR IS THE EMPLOYER OF RECORD AND EMPLOYEES GET THEIR W2S FROM TANDEM HR. FORM 990, PART VI, SECTION A, LINE 2 LAU AND BEATRICE CHRISTENSEN HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE PREPARED FORM 990 IS REVIEWED BY THE ORGANIZATION'S GOVERNING BODY BEFORE THE RETURN IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY ALL DIRECTORS AND OFFICERS COMPLETE AND SIGN A STATEMENT THAT PROVIDES INFORMATION REGARDING THEIR INTERESTS AND THOSE OF THEIR FAMILY MEMBERS THAT COULD GIVE RISE TO CONFLICTS. THE MEMBERS OF THE GOVERNING BODY MAKE DETERMINATIONS OF WHETHER A CONFLICT EXISTS AND REVIEW ACTUAL CONFLICTS. ANY PERSON WITH A CONFLICT IS PROHIBITED FROM PARTICIPATING IN THE GOVERNING BODY'S DELIBERATIONS AND DECISIONS IN THE TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15A IN SEPTEMBER-OCTOBER 2019, LITERACY NETWORK'S BOARD OF DIRECTORS PARTNERED WITH TANDEM HR TO PERFORM A MARKET COMPENSATION STUDY OF ITS THREE MANAGEMENT TEAM JOBS: EXECUTIVE DIRECTOR, SENIOR DIRECTOR OF DONOR RELATIONS (VACANT), AND SENIOR DIRECTOR OF PROGRAMS. TO PERFORM THE STUDY, TANDEM HR COLLECTED AND ANALYZED MARKET DATA FOR BASE PAY AND TOTAL CASH COMPENSATION (BASE PAY PLUS SHORT-TERM INCENTIVES) FROM APPROPRIATE DATA SOURCES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF BENEFICIAL INTEREST IN ASSETS HELD BY MADISON COMMUNITY FOUNDATION 7,733.