Nonprofit · EIN 31-1429018
LITERARY COUNCIL OF NORTH AMERICA INC
Tax-exempt · WORTHINGTON, OH 43085
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,177,645 | $1,311,138 | -$133,493 | $918,864 | $303,122 | $615,742 |
| June 30, 2024 | 990 | $1,664,093 | $1,755,913 | -$91,820 | $1,097,507 | $348,272 | $749,235 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $329,223
- Program service revenue
- $745,702
- Investment income
- $28,115
- Royalties
- $117
- Net income from sales of inventory
- $74,488
- Other revenue
- $74,605
Expenses
- Grants and similar amounts paid
- $41,436
- Compensation of officers, directors and key employees
- $165,000
- Other salaries and wages
- $272,995
- Salaries, compensation and benefits (total)
- $629,565
- Professional fundraising fees
- $0
- Legal fees
- $40,838
- Accounting fees
- $72,950
- Occupancy
- $81,864
- Travel
- $5,406
- Depreciation
- $4,947
- Program services (functional)
- $794,487
- Management and general (functional)
- $484,428
- Fundraising (functional)
- $32,223
Balance sheet and other
- Total assets, start of year
- $1,097,507
- Total assets, end of year
- $918,864
- Total liabilities, end of year
- $303,122
- Net assets, end of year
- $615,742
- Land, buildings and equipment
- $3,613
- Net assets without donor restrictions
- $566,477
- Net assets with donor restrictions
- $49,265
- Gross unrelated business income
- $9,075
- Gross receipts
- $1,191,882
- Employees
- 2
- Volunteers
- 45
- Year formed
- 1996
- State of legal domicile
- OH
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BILLY MOLASSO | EXECUTIVE DIRECTOR Officer | 40 | $165,000 |
| STEPHANIE SMYKA | PRESIDENT Trustee or director, Officer | 1 | $0 |
| JAMIE LIPP | PRESIDENT ELECT Trustee or director, Officer | 1 | $0 |
| KATHLEEN BROWN | SECRETARY Trustee or director, Officer | 1 | $0 |
| JEFFREY WILLIAMS | TREASURER Trustee or director, Officer | 1 | $0 |
| CRAIG CARSON | DIRECTOR Trustee or director | 1 | $0 |
| KRISTINE GRIFFOR | DIRECTOR Trustee or director | 1 | $0 |
| BETSY KAYE | DIRECTOR Trustee or director | 1 | $0 |
| KATIE KURUMADA | DIRECTOR Trustee or director | 1 | $0 |
| LORI LYON | DIRECTOR Trustee or director | 1 | $0 |
| DONNA MCKINNON | DIRECTOR Trustee or director | 1 | $0 |
| LISA PINKERTON | DIRECTOR Trustee or director | 1 | $0 |
| GAY SU PINNELL | DIRECTOR Trustee or director | 1 | $0 |
| HELEN PROULX | DIRECTOR Trustee or director | 1 | $0 |
| JOURNEY SWAFFORD | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 20 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BILLY MOLASSO | EXECUTIVE DIRECTOR Officer | 40 | $165,000 |
| ALLYSON MATCZUK | PRESIDENT Trustee or director, Officer | 1 | $0 |
| ANTOINETTE MIRANDA | DIRECTOR Trustee or director | 1 | $0 |
| CARMEN LIPSCOMB | DIRECTOR Trustee or director | 1 | $0 |
| CAROL ANN G GITTENS PHD | DIRECTOR Trustee or director | 1 | $0 |
| CRAIG CARSON | DIRECTOR Trustee or director | 1 | $0 |
| DEBRA RICH | PAST PRESIDENT Trustee or director, Officer | 1 | $0 |
| ELIZABETH KAYE | DIRECTOR Trustee or director | 1 | $0 |
| GAY SU PINNELL | DIRECTOR Trustee or director | 1 | $0 |
| HELEN PROULX | DIRECTOR Trustee or director | 1 | $0 |
| JAMIE LIPP | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| K JOURNEY J SWAFFORD | DIRECTOR Trustee or director | 1 | $0 |
| KATHLEEN BROWN | SECRETARY Trustee or director, Officer | 1 | $0 |
| KRISTINE GRIFFOR | DIRECTOR Trustee or director | 1 | $0 |
| LISA PINKERTON | DIRECTOR Trustee or director | 1 | $0 |
| LORI LYON | DIRECTOR Trustee or director | 1 | $0 |
| NINA FERNANDEZ | DIRECTOR Trustee or director | 1 | $0 |
| RACHAEL GABRIEL | DIRECTOR Trustee or director | 1 | $0 |
| WENDA E DICKENS | DIRECTOR Trustee or director | 1 | $0 |
| JEFF WILLIAMS | TREASURER Trustee or director, Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 150 E WILSON BRIDGE RD STE 200, WORTHINGTON, OH 43085-2390
- Principal officer (990 for 2024)
- BILLY MOLASSO, 150 EAST WILSON BRIDGE SUITE 200, WORTHINGTON, OH 43085
- Signed the 990
- BILLY MOLASSO, EXECUTIVE DIRECTOR
- Phone
- (614) 310-7323
- Website
- MYLITERACYCOUNCIL.ORG
- Return prepared by
- REA & ASSOCIATES INC
Mission
WE ACHIEVE READING AND WRITING SUCCESS FOR CHILDREN THROUGH PARTNERSHIPS THAT FOSTER READING RECOVERY IN ENGLISH, SPANISH, OR FRENCH AS AN ESSENTIAL INTERVENTION WITHIN A COMPREHENSIVE LITERACY SYSTEM, TEACHING OF CHILDREN THAT IS EXPERT AND RESPONSIVE, PROFESSIONAL DEVELOPMENT FOR TEACHERS THAT IS SPECIALIZED AND CONTINUOUS, ONGOING DEVELOPMENT OF KNOWLEDGE AND PRACTICE BASED ON RESEARCH, DATA, AND THE THEORETICAL FRAMEWORK THAT HAS UNDERPINNED READING RECOVERY SINCE ITS FOUNDING.
Program accomplishments
- PROFESSIONAL EDUCATION - SUPPORTED PROFESSIONAL DEVELOPMENT FOR TEACHERS, TEACHER LEADERS, SITE COORDINATORS, TRAINERS, AND VOLUNTEERS THROUGH THE NATIONAL READING RECOVERY CONFERENCE AND PRE-CONFERENCE INSTITUTES,THE TEACHER LEADER INSTITUTE, SCHOLARSHIPS FOR TEACHER LEADER TRAINING, AND PROFESSIONAL DEVELOPMENT GRANTS.Expenses $567,820 · grants $41,435 · revenue $640,707
- PUBLIC INFORMATION - PROVIDED GENERAL PUBLIC AND MEMBERS WITH INFORMATION ABOUT READING RECOVERY AND EARLY LITERACY THROUGH TELEPHONE AND MAIL INQUIRIES, PUBLICATION OF RELATED INFORMATION AND DATA, AND WEBSITE SERVICES.Expenses $121,715
- MEMBERSHIP RESOURCES-INCLUDES THE MAGAZINE "THE JOURNAL OF READING RECOVERY AND OTHER WEB-BASED SERVICES INCLUDING SEARCHABLE READING RECOVERY BOOK LIST AND LABELS, READING RECOVERY LESSON FORMS, LISTENING LIBRARY, MEMBER DIRECTORY, ONLINE LIBRARY AND COMMUNICATION RESOURCES.Expenses $104,952 · revenue $87,412
- OTHER PROGRAMS, INCLUDING THE PROMOTION OF READING RECOVERY, UPHOLD INTEGRITY, AND COMMUNICATE INFORMATION THROUGH STANDARDS AND GUIDELINES, TRAINING AND PUBLICATIONS.revenue $82,996
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 31-1429018
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1997
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B92)
- Assets (IRS master file)
- $918,864
- Income (IRS master file)
- $1,191,882
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,177,645 | $1,311,138 | $918,864 | IRS |
| 990-T | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $1,664,093 | $1,755,913 | $1,097,507 | XML |
| 990-T | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $1,277,377 | $1,860,042 | $1,402,560 | IRS |
| 990-T | June 2023 | – | – | – | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990-T | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 31-1429018).
Questions about LITERARY COUNCIL OF NORTH AMERICA INC
- What is the EIN of LITERARY COUNCIL OF NORTH AMERICA INC?
- The employer identification number (EIN) of LITERARY COUNCIL OF NORTH AMERICA INC is 31-1429018.
- Is LITERARY COUNCIL OF NORTH AMERICA INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
- Are donations to LITERARY COUNCIL OF NORTH AMERICA INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LITERARY COUNCIL OF NORTH AMERICA INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of LITERARY COUNCIL OF NORTH AMERICA INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LITERARY COUNCIL OF NORTH AMERICA INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of LITERARY COUNCIL OF NORTH AMERICA INC?
- The 990 for the year ended June 30, 2025 names BILLY MOLASSO.
- Who are the officers and directors of LITERARY COUNCIL OF NORTH AMERICA INC?
- The 990 for the year ended June 30, 2025 lists 15 people; 1 received compensation from the organization, the highest $165,000 (BILLY MOLASSO, EXECUTIVE DIRECTOR).
- How much revenue does LITERARY COUNCIL OF NORTH AMERICA INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,177,645, expenses of $1,311,138 and total assets of $918,864 at year end.
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