CSCharityScored
38

Literacy Source

Education · Seattle, Washington

12360 Lake City Way Ne Ste 301, Seattle, WA 98125-5447

EIN: 912101208· Founded: Apr 2002· 24 years active· Filing Year: 2023

Annual Revenue

$1.4M

Total Expenses

$1.3M

Total Assets

$939K

Program Spending

6%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$154K

11.6% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$788K

Total Payroll

$942K

71% of total expenses

Where the Money Goes

6%
Programs: 6%
Payroll: 71%
Other overhead: 94%
Program Revenue$76K (5%)
Total Expenses$1.3M (96%)
Payroll$942K (71%)
Overhead (non-program)94%

Trust Score Breakdown

Program Spending Ratio

6% of expenses go to programs

40%

Revenue & Stability

$1.4M annual revenue

15%

Executive Compensation

$154K total officer comp (11.6% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$939K in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.