2025-10-17T12:15:50-05:00 2024-12-31 390974031 WEGNER CPAS LLP 2921 LANDMARK PL STE 300 MADISON WI 537134236 990 2024-01-01 510180488 LITERACY NETWORK INC LITE 6082443911 701 DANE STREET MADISON WI 53713 ROBIN RYAN EXECUTIVE DIRECTOR 6082443911 2025-10-13 1 1 JASON STEPHENS CPA P01263225 6082744020 2025-10-13 2024 2025-03-06 01:10:19Z ROBIN RYAN 701 DANE STREET MADISON WI 53713 3079983 0 X WWW.LITNETWORK.ORG X 1976 WI LITERACY NETWORK HELPS ADULTS IN DANE COUNTY BUILD SKILLS, REACH GOALS, AND CONNECT COMMUNITIES. 17 17 0 417 0 0 1736740 2313787 52629 99039 -25693 187780 -6318 -9451 1757358 2591155 10500 2775 0 0 1443460 1602610 0 0 157445 399771 545868 1853731 2151253 -96373 439902 3883684 4475494 259273 420880 3624411 4054614 LITERACY NETWORK HELPS ADULTS IN DANE COUNTY BUILD SKILLS, REACH GOALS, AND CONNECT COMMUNITIES. 0 0 1510054 2775 99039 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. 297380 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. 1807434 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 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 X 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 17 17 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 TANA ELIAS PRESIDENT 1.50 X X 0 0 0 DOUGLAS KEILLOR VICE PRESIDENT 1.50 X X 0 0 0 ANNE KARCH SECRETARY 1.50 X X 0 0 0 RYAN SMITH TREASURER 1.50 X X 0 0 0 J CORKEY CUSTER DIRECTOR 1.00 X 0 0 0 STEPHANIE LE DIRECTOR 1.00 X 0 0 0 STEPHANIE ORTIZ DIRECTOR 1.00 X 0 0 0 LYNN SILVERMAN DIRECTOR 1.00 X 0 0 0 SETH UMBAUGH DIRECTOR 1.00 X 0 0 0 SUSAN ALBAN DIRECTOR 1.00 X 0 0 0 LINDSAY BROMS DIRECTOR 1.00 X 0 0 0 JEFF BOUDREAU DIRECTOR 1.00 X 0 0 0 MELISSA BURCHELL-DOGRA DIRECTOR 1.00 X 0 0 0 BECKY FUNK DIRECTOR 1.00 X 0 0 0 SHERRICE PERRY DIRECTOR 1.00 X 0 0 0 FRANCISCO SOZA DIRECTOR 1.00 X 0 0 0 SEYNABOU YOUM DIRECTOR 1.00 X 0 0 0 STEPHANIE MARQUIS DIRECTOR (THRU MARCH) 1.00 X 0 0 0 SARAH REUSCHE DIRECTOR (THRU MARCH) 1.00 X 0 0 0 BEATRICE CHRISTENSEN DIRECTOR (THRU MAY) 1.00 X 0 0 0 LAU CHRISTENSEN DIRECTOR (THRU MAY) 1.00 X 0 0 0 ROBIN RYAN EXECUTIVE DIRECTOR 36.50 X 103672 0 403 103672 0 403 1 0 0 0 JH FINDORFF & SONS INC 300 S BEDFORD ST MADISON WI 53703 CONSTRUCTION 147255 1 203344 63127 260109 1787207 93719 2313787 PROGRAM SERVICE FEES 611691 99039 99039 99039 87922 87922 567526 467668 99858 99858 99858 4371 63127 21160 -16789 -16789 7338 7338 7338 2591155 99039 0 178329 2775 2775 104074 93565 2201 8308 1245231 1119491 26341 99399 36433 32755 770 2908 92360 83033 1954 7373 124512 111939 2634 9939 56021 56021 8026 8026 103794 73795 26458 3541 31321 31321 131338 115284 6301 9753 13039 13039 57231 52111 552 4568 15411 12728 1209 1474 9984 8602 375 1007 100228 90107 2120 8001 17511 11090 5276 1145 1964 159 1776 29 2151253 1807434 186374 157445 304172 428838 510016 319965 297707 622130 19002 30323 16543 14983 2457388 650689 1621244 1806699 973280 1112267 4761 5619 136959 134670 3883684 4475494 110887 108285 148386 312595 259273 420880 X 2750894 2939348 873517 1115266 3624411 4054614 3883684 4475494 X 439902 -13239 3540 X 0 1 X 1 0 X 1173564 1904267 1482483 1736740 2313787 8610841 1173564 1904267 1482483 1736740 2313787 8610841 602238 8008603 56657 88927 68189 55252 87922 356947 1573 1496 1708 147 4924 8972712 279666 0.89260 0.93920 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1091032 1338 147559 4493 1235436 919024 2568 173816 3299 1077 1091032 1157049 4827 -229247 5845 7760 919024 838347 211000 119345 4074 7569 1157049 434737 296000 112604 3947 1047 838347 0.53212 0.27116 0.19672 1 0 215440 215440 1834162 423934 1410228 362864 198847 164017 44922 27908 17014 1806699 DEFERRED LOAN 294817 FINANCE LEASE LIABILITIES 17778 312595 2630319 -13239 35729 -4486 18004 2612315 -21160 -21160 2591155 2200116 35729 21160 56889 2143227 8026 8026 2151253 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 3,540. INVESTMENT MANAGEMENT FEES REPORTED ON FORM 990, PART IX, LINE 11F -8,026. PART XI, LINE 4B - OTHER ADJUSTMENTS: DIRECT EXPENSES REPORTED ON FORM 990, PART VIII, LINE 8B -21,160. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT EXPENSES REPORTED ON FORM 990, PART VIII, LINE 8B 21,160. READING BETWEEN THE WINES 53198 48827 4371 12637 2521 529 GROWING THROUGH LITERACY 14300 14300 4974 499 67498 63127 4371 12637 7495 1028 21160 -16789 X 2044 COST OF DONATED PROPERTY X 9 78078 QUOTED MARKET PRICES X AUCTION ITEMS 75 12637 COST OF DONATED PROP X COMPUTER MONITORS 1 960 COST OF DONATED PROP 0 0 0 0 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS RECEIVED IN COLUMN B. FORM 990, PART V, LINE 2A: LITERACY NETWORK, INC. LEASES EMPLOYEES FROM A PROFESSIONAL EMPLOYMENT ORGANIZATION, VENSURE. THE EMPLOYEES ARE CONSIDERED COMMON LAW EMPLOYEES OF LITERACY NETWORK, INC., HOWEVER, VENSURE IS THE EMPLOYER OF RECORD AND EMPLOYEES GET THEIR W2S FROM VENSURE. 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 3,540.