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Nonprofit · EIN 56-1530150

TRIANGLE LITERACY COUNCIL INC

Also known as LIAS ROWE

Tax-exempt · CARY, NC 27511

Financials

$672K$672K2022$472K$720K2023
Revenue Expenses · by fiscal year end
Financials of TRIANGLE LITERACY COUNCIL INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2024990$471,686$719,868-$248,182$164,083$164,486-$403
June 30, 2023990$672,236$671,944$292$395,805$148,026$247,779
Financial details: 990 for the year ended June 30, 2024

Revenue

Contributions, gifts and grants
$464,158
of which government grants
$436,366
Program service revenue
$0
Investment income
$7,528
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$105,160
Other salaries and wages
$407,979
Salaries, compensation and benefits (total)
$558,773
Professional fundraising fees
$0
Occupancy
$48,508
Depreciation
$5,882
Program services (functional)
$608,304
Management and general (functional)
$75,220
Fundraising (functional)
$36,344

Balance sheet and other

Total assets, start of year
$395,805
Total assets, end of year
$164,083
Total liabilities, end of year
$164,486
Net assets, end of year
-$403
Net assets without donor restrictions
-$46,098
Net assets with donor restrictions
$45,695
Gross receipts
$471,686
Employees
11
Volunteers
13
Year formed
1970
State of legal domicile
NC

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, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
LISA ROWEPRESIDENT/CEO
Officer
40$61,572$7,452
KEVIN ATKINSDIRECTOR THRU 2/1/2024
Trustee or director
1$0$0
KATHY BLUMDIRECTOR
Trustee or director
1$0$0
BILL GLUCKDIRECTOR THRU 2/8/2024
Trustee or director
1$0$0
WARREN SAVAGEDIRECTOR
Trustee or director
1$0$0
JASMIN VOLKELDIRECTOR
Trustee or director
1$0$0
CHRIS BRADYCHAIR
Trustee or director, Officer
2$0$0
LEON SHARGELSECRETARY THRU 6/30/2024
Trustee or director, Officer
2$0$0
DON HILLERVICE CHAIR
Trustee or director, Officer
2$0$0
CHRIS CHENEYTREASURER
Trustee or director, Officer
2$0$0
MOLLY ANDREWSDIRECTOR FROM 12/1/2023
Trustee or director
1$0$0
KELLY GANGLDIRECTOR FROM 4/1/2024
Trustee or director
1$0$0
SEYUN HWANGDIRECTOR FROM 6/1/2024
Trustee or director
1$0$0
LAURA LOYEKDIRECTOR FROM 6/1/2024
Trustee or director
1$0$0
TATIANA TERRYDIRECTOR FROM 6/1/2024
Trustee or director
1$0$0
1 more people on this return
NameTitleHours / weekCompensation
LEX-JORDAN IBEGBUDIRECTOR FROM 6/1/2024
Trustee or director
1$0
990 for the year ended June 30, 2023: 16 people
NameTitleHours / weekCompensationOther / benefits
LAURA WALTERSPRESIDENT/CEO THRU 3/23
Officer
40$128,100$14,029
LISA ROWEPRESIDENT/CEO FROM 4/23
Officer
40$0$0
ANN MARIE CALABRIABOARD CHAIR THRU 3/23
Trustee or director, Officer
1$0$0
CHRIS BRADYDIR THRU 3/23 ; CHAIR FROM 4/23
Trustee or director, Officer
2$0$0
DON HILLERVICE CHAIR
Trustee or director, Officer
2$0$0
CHRIS CHENEYTREASURER
Trustee or director, Officer
2$0$0
LEON SHARGELSECRETARY
Trustee or director, Officer
2$0$0
EVAN DUFFDIRECTOR
Trustee or director
1$0$0
BILL GLUCKDIRECTOR
Trustee or director
1$0$0
WARREN SAVAGEDIRECTOR
Trustee or director
1$0$0
BRITT DAVISDIRECTOR THRU 1/23
Trustee or director
1$0$0
MIGUEL NARBONADIRECTOR THRU 5/23
Trustee or director
1$0$0
KARI TRAVISDIRECTOR THRU 5/23
Trustee or director
1$0$0
KEVIN ATKINSDIRECTOR FROM 6/23
Trustee or director
1$0$0
KATHY BLUMDIRECTOR FROM 6/23
Trustee or director
1$0$0
JASMIN VOLKELDIRECTOR FROM 6/23
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
200 COMMONWEALTH CT STE 102, CARY, NC 27511-2431
Principal officer (990 for 2023)
LISA A ROWE, PO BOX 5246, CARY, NC 27512
Signed the 990
LISA A ROWE, PRESIDENT & CEO
Phone
(919) 787-5559
Return prepared by
BLACKMAN & SLOOP ADVISORS INC

Mission

THE TRIANGLE LITERACY COUNCIL ADVANCES AND SUPPORTS ACADEMIC, ECONOMIC, AND LIFE SUCCESS FOR CHILDREN, YOUTH, AND ADULTS FACING BARRIERS TO SUCCESS THROUGH MULTI-FACETED LITERACY EDUCATION. WE BELIEVE THAT A FOUNDATION OF FUNCTIONAL LITERACY IS NECESSARY TO SURVIVE AND THRIVE IN SOCIETY, AND WE STRIVE TO HELP BUILD A WORLD IN WHICH FULFILLMENT OF INDIVIDUAL POTENTIAL LEADS TO PERSONAL SATISFACTION AND ACHIEVEMENT, SUSTAINABLE INDEPENDENCE, AND FAMILY AND COMMUNITY WELLNESS. WE PROVIDE LITERACY PROGRAMMING ACROSS A BROAD SPECTRUM OF INDIVIDUALS AND FAMILIES INCLUDING YOUTH AND ADULTS INVOLVED WITH THE JUVENILE JUSTICE SYSTEM, THOSE WHO ARE UNEMPLOYED, STUDENTS WHO ARE BEHIND IN SCHOOL, AND NON-NATIVE ENGLISH SPEAKERS WISHING TO LEARN THE ENGLISH LANGUAGE. WE OFFER TUTORING, INSTRUCTION, MENTORING, FINANCIAL LITERACY, JOB TRAINING OPPORTUNITIES, CIVIC AND CULTURAL LITERACY, ACADEMIC AND SOCIAL SKILLS DEVELOPMENT, GED PREPARATION, AND WORKPLACE LITERACY.

990 for the year ended June 30, 2024

Program accomplishments

  • 1. FOR THE 2023-2024 YEAR, TRIANGLE LITERACY COUNCIL'S (TLC) ADULT PROGRAMS WORKED WITH APPROXIMATELY 130 STUDENTS. PARTICIPANTS WERE EITHER IN OUR ENGLISH AS A SECOND LANGUAGE (ESL), ADULT BASIC EDUCATION (ABE), AND/OR INTEGRATED ENGLISH LITERACY AND CIVICS EDUCATION (IELCE) CLASSES. IN OUR ESL CLASSES, NON-NATIVE SPEAKERS HAVE THE OPPORTUNITY TO LEARN THE ENGLISH LANGUAGE THROUGH LISTENING, READING, AND SPEAKING. IN ADDITION TO GETTING THE ESL COMPONENT, IELCE STUDENTS LEARNED ABOUT THE RIGHTS AND RESPONSIBILITIES OF CITIZENSHIP AND CIVIC ENGAGEMENT. OUR ABE STUDENTS HAD THE OPPORTUNITY TO STRENGTHEN THEIR MATH AND READING SKILLS. ADULT PROGRAMMING INCLUDES CURRICULA AND MODULES FOR ACQUISITION AND INCREASED PROFICIENCY IN READING, WRITING, MATH, SCIENCE, CONVERSATION, AND EVERYDAY LANGUAGE COMMUNICATION, ALONG WITH ACQUISITION OF THE TOOLS, KNOWLEDGE, AND CONFIDENCE NEEDED TO FIND AND MAINTAIN EMPLOYMENT. 2. TLC'S YOUTH LITERACY PROGRAM WORKED WITH APPROXIMATELY 80 STUDENTS DURING THIS SAME TIME FRAME. STUDENTS HAD THE OPPORTUNITY TO WORK WITH INSTRUCTORS OR TUTORS 1:1 OR IN A SMALL GROUP SETTING. THEY ALSO HAD THE OPTION FOR VIRTUAL OR FACE-TO-FACE SESSIONS. STUDENTS WERE TUTORED IN ANY AREA WHERE THERE WAS ACADEMIC CONCERN. ALL STUDENTS WERE ASSESSED IN READING AND MATH UPON INTAKE AND THROUGHOUT THE PROGRAM TO MEASURE ACADEMIC GAINS. WE USE BOTH QUANTITATIVE DATA AND QUALITATIVE DATA TO PROVIDE A COMPLETE PICTURE OF HOW OUR PROGRAM IS AFFECTING OUR PARTICIPANTS. STUDENT SURVEYS INDICATE THAT PARTICIPANTS FEEL THEIR CLASSROOM PERFORMANCE HAS IMPROVED THAT THEY FELT MORE CONFIDENT IN THEIR ABILITY TO BE SUCCESSFUL. 3. FOR THE 2023-2024 YEAR, OUR BULL CITY YOUTHBUILD (BCYB) PROGRAM SERVED APPROXIMATELY 30 STUDENTS. STUDENTS HAD THE OPPORTUNITY TO PREPARE FOR AND OBTAIN THEIR GED AS WELL AS RECEIVE WORKFORCE READINESS TRAINING AND CERTIFICATIONS. DURING THIS TIME, BCYB HAD A SUCCESSFUL RELAUNCH OF PROGRAMMING THAT INCLUDED RECRUITMENT OF STUDENTS AND BUILDING A BASE OF VOLUNTEERS AND COMMUNITY PARTNERS.
    Expenses $608,304

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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025Not on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
56-1530150
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1971
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$164,083
Income (IRS master file)
$471,686

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2024$471,686$719,868$164,083IRS
990June 2023$672,236$671,944$395,805XML
990June 2022$375,571$769,856$269,410IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––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 56-1530150).

Questions about TRIANGLE LITERACY COUNCIL INC

What is the EIN of TRIANGLE LITERACY COUNCIL INC?
The employer identification number (EIN) of TRIANGLE LITERACY COUNCIL INC is 56-1530150.
Is TRIANGLE LITERACY COUNCIL INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1971.
Are donations to TRIANGLE LITERACY COUNCIL INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does TRIANGLE LITERACY COUNCIL 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 TRIANGLE LITERACY COUNCIL 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 TRIANGLE LITERACY COUNCIL INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2024.
Who is the principal officer of TRIANGLE LITERACY COUNCIL INC?
The 990 for the year ended June 30, 2024 names LISA A ROWE.
Who are the officers and directors of TRIANGLE LITERACY COUNCIL INC?
The 990 for the year ended June 30, 2024 lists 16 people; 1 received compensation from the organization, the highest $61,572 (LISA ROWE, PRESIDENT/CEO).
How much revenue does TRIANGLE LITERACY COUNCIL INC have?
On its 990 for the year ended June 30, 2024 it reported revenue of $471,686, expenses of $719,868 and total assets of $164,083 at year end.

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