GOLD2023

Oklahoma Literacy Coalition Inc

Support Literacy Efforts Statewide

aka OLC   |   Oklahoma City, OK   |  http://okliteracy.org/
GuideStar Charity Check

Oklahoma Literacy Coalition Inc

EIN: 73-1290748


Mission

Support Literacy Efforts Statewide

Ruling year info

1989

Executive Director

Laura Taylor

Main address

5830 NW Expressway #196

Oklahoma City, OK 73132 USA

Show more contact info

EIN

73-1290748

Subject area info

Adult education

Reading promotion

Population served info

Adults

NTEE code info

(Remedial Reading, Reading Encouragement) (B92)

Programs and results

What we aim to solve

SOURCE: Self-reported by organization

12% of Oklahomans are illiterate. This can mean that the individual may have trouble completing forms, reading medicine labels, reading mail, paying bills, and getting a job that pays well. Oklahoma Literacy Coalition is working to support adult learners and literacy providers to help reduce this appalling statistic.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Conference

We partner with CareerTech to host an annual conference for teachers, tutors, and staff to learn or refresh teaching methods and materials.

Population(s) Served

Each year, we ask literacy organizations to submit a grant request in April. Grant sizes vary, but all are at or below $2,000. Grant applications are scored and awarded. Grant funds are unencumbered.

Population(s) Served
Adults

We hold two annual Regional Symposiums in Oklahoma. These change locations every year. In 2023, these will be held at Sapulpa and Duncan. We realize travel may be an issue for some people to attend our annual conference. This allows us to reach teachers, tutors and literacy program staff closer to where they live. At the Symposiums, we provide speakers to teach and/or refresh teaching practices.

Population(s) Served
Adults
Adults

Where we work

Our Sustainable Development Goals

SOURCE: Self-reported by organization

Learn more about Sustainable Development Goals.

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

• To maintain a statewide coalition of representatives who are committed to a literate society and to encourage individual and group membership from the public and private sectors.

• To encourage the establishment and continuance of literacy projects in Oklahoma.

• To provide a forum for sharing of ideas to improve the quality of literacy services in order to meet a wide range of educational needs.

• To plan, conduct, and participate in continuing education events for Oklahoma literacy providers and adult learners.

• To provide support, information, and technical assistance to individuals and organizations interested in receiving and providing literacy services in Oklahoma.

• To recognize individuals and organizations for their support of literacy in Oklahoma.

• To honor outstanding adult literacy learners.

How we listen

SOURCE: Self-reported by organization

Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.

done We demonstrated a willingness to learn more by reviewing resources about feedback practice.
done We shared information about our current feedback practices.
  • How is your organization using feedback from the people you serve?

    To identify bright spots and enhance positive service experiences, To inform the development of new programs/projects, To strengthen relationships with the people we serve, To understand people's needs and how we can help them achieve their goals

  • Which of the following feedback practices does your organization routinely carry out?

    We collect feedback from the people we serve at least annually, We aim to collect feedback from as many people we serve as possible, We take steps to ensure people feel comfortable being honest with us, We act on the feedback we receive

  • What challenges does the organization face when collecting feedback?

    It is difficult to get the people we serve to respond to requests for feedback, It is difficult to identify actionable feedback

Financials

Oklahoma Literacy Coalition Inc
Fiscal year: Jan 01 - Dec 31

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2022 info

SOURCE: IRS Form 990

260.50

Average of 75.52 over 10 years

Months of cash in 2022 info

SOURCE: IRS Form 990

26.9

Average of 23.8 over 10 years

Fringe rate in 2022 info

SOURCE: IRS Form 990

7%

Average of 16% over 10 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

Oklahoma Literacy Coalition Inc

Revenue & expenses

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

Oklahoma Literacy Coalition Inc

Balance sheet

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

Oklahoma Literacy Coalition Inc

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

This snapshot of Oklahoma Literacy Coalition Inc’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

Created in partnership with

Business model indicators

Profitability info 2018 2019 2020 2021 2022
Unrestricted surplus (deficit) before depreciation $41,179 -$57,285 $30,906 $31,049 $40,210
As % of expenses 27.4% -36.0% 42.5% 35.2% 41.3%
Unrestricted surplus (deficit) after depreciation $41,179 -$57,285 $30,906 $31,049 $40,210
As % of expenses 27.4% -36.0% 42.5% 35.2% 41.3%
Revenue composition info
Total revenue (unrestricted & restricted) $140,179 $101,810 $103,623 $119,162 $137,675
Total revenue, % change over prior year 4.1% -27.4% 1.8% 15.0% 15.5%
Program services revenue 11.7% 7.1% 0.0% 5.2% 13.3%
Membership dues 86.2% 85.6% 3.5% 3.4% 2.1%
Investment income 0.1% 0.2% 0.1% 0.1% 0.2%
Government grants 0.0% 0.0% 96.4% 0.0% 2.0%
All other grants and contributions 2.0% 6.5% 0.0% 91.3% 82.4%
Other revenue 0.0% 0.5% 0.0% 0.0% 0.0%
Expense composition info
Total expenses before depreciation $150,277 $159,095 $72,717 $88,113 $97,465
Total expenses, % change over prior year 25.0% 5.9% -54.3% 21.2% 10.6%
Personnel 30.9% 26.4% 57.8% 47.7% 46.3%
Professional fees 0.4% 1.5% 3.4% 3.0% 2.8%
Occupancy 0.0% 0.0% 0.0% 0.0% 0.0%
Interest 0.0% 0.0% 0.0% 0.0% 0.0%
Pass-through 36.2% 33.4% 33.1% 34.2% 16.4%
All other expenses 32.5% 38.8% 5.8% 15.1% 34.5%
Full cost components (estimated) info 2018 2019 2020 2021 2022
Total expenses (after depreciation) $150,277 $159,095 $72,717 $88,113 $97,465
One month of savings $12,523 $13,258 $6,060 $7,343 $8,122
Debt principal payment $0 $0 $0 $0 $0
Fixed asset additions $0 $0 $0 $0 $0
Total full costs (estimated) $162,800 $172,353 $78,777 $95,456 $105,587

Capital structure indicators

Liquidity info 2018 2019 2020 2021 2022
Months of cash 13.9 8.8 24.5 24.4 26.9
Months of cash and investments 13.9 8.8 24.5 24.4 26.9
Months of estimated liquid unrestricted net assets 13.8 8.8 24.3 24.2 26.9
Balance sheet composition info 2018 2019 2020 2021 2022
Cash $174,556 $117,249 $148,175 $179,449 $218,571
Investments $0 $0 $0 $0 $0
Receivables $0 $20 $0 $0 $510
Gross land, buildings, equipment (LBE) $0 $0 $0 $0 $0
Accumulated depreciation (as a % of LBE) 0.0% 0.0% 0.0% 0.0% 0.0%
Liabilities (as a % of assets) 0.7% 1.0% 0.8% 0.8% 0.4%
Unrestricted net assets $173,360 $116,075 $146,981 $178,030 $218,240
Temporarily restricted net assets $0 N/A N/A N/A N/A
Permanently restricted net assets $0 N/A N/A N/A N/A
Total restricted net assets $0 $0 $0 $0 $0
Total net assets $173,360 $116,075 $146,981 $178,030 $218,240

Key data checks

Key data checks info 2018 2019 2020 2021 2022
Material data errors No No No No No

Operations

The people, governance practices, and partners that make the organization tick.

Documents
Letter of Determination is not available for this organization
Form 1023/1024 is not available for this organization

Executive Director

Laura Taylor

Number of employees

Source: IRS Form 990

Oklahoma Literacy Coalition Inc

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
Related
Show data for fiscal year
Compensation data
Download up to 5 most recent years of officer and director compensation data for this organization

Oklahoma Literacy Coalition Inc

Highest paid employees

SOURCE: IRS Form 990

Compensation
Other
Related
Show data for fiscal year
Compensation data
Download up to 5 most recent years of highest paid employee data for this organization

Oklahoma Literacy Coalition Inc

Board of directors
as of 03/03/2023
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Taylor Meriwether

Hinton Public Library

Term: 2021 - 2023

Taylor Meriwether

Hinton Public Library

Melissa M. Struttmann

Creek County Literacy Program

Karen Kerr-McGraw

Bartlesville Public Library Literacy Services

Dana Kelso

Community Literacy Centers

Joy Billingsley

Duncan Area Literacy Council

Melanie Pickard

FCI - El Reno

Bruce Davis

Great Plains Literacy Council

Billy Colson

Learner Representative

Kimberly Boldt

Metropolitan Library System

Susan Reynolds

NWBC Language Learning Fellowship

Susan Bernard

OCCC Adult Learning Center

Rebecca Barker

ODL – Literacy Resource Office

Nannette Allen

OIC of OK County

Sandra Willmann

Rogers County Literacy Council

Mandy Durham

Ruth G. Hardman Adult Literacy Services

Jeanette Kennedy

Seminole Public Library

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? No
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? Yes

Organizational demographics

SOURCE: Self-reported; last updated 5/24/2021

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Female, Not transgender
Sexual orientation
Heterosexual or Straight
Disability status
Person without a disability

Race & ethnicity

Gender identity

Transgender Identity

Sexual orientation

Disability

Equity strategies

Last updated: 05/24/2021

GuideStar partnered with Equity in the Center - an organization that works to shift mindsets, practices, and systems to increase racial equity - to create this section. Learn more

Policies and processes
  • We seek individuals from various race backgrounds for board and executive director/CEO positions within our organization.
  • We have community representation at the board level, either on the board itself or through a community advisory board.