Nonprofit · EIN 51-0180665
LITERACY PARTNERS INC
Tax-exempt · NEW YORK, NY 10038
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $6,035,091 | $5,807,728 | $227,363 | $9,053,364 | $927,784 | $8,125,580 |
| June 30, 2024 | 990 | $4,275,832 | $5,078,225 | -$802,393 | $8,807,367 | $1,017,114 | $7,790,253 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $5,626,556
- of which government grants
- $3,173,269
- Program service revenue
- $0
- Investment income
- $668,137
- Net gain from sales of assets
- $529,704
- Net income from fundraising events
- -$269,164
- Other revenue
- -$259,602
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $2,850,699
- Salaries, compensation and benefits (total)
- $3,523,447
- Professional fundraising fees
- $95,000
- Occupancy
- $320,104
- Travel
- $52,759
- Depreciation
- $11,088
- Program services (functional)
- $4,092,624
- Management and general (functional)
- $563,725
- Fundraising (functional)
- $1,151,379
Balance sheet and other
- Total assets, start of year
- $8,807,367
- Total assets, end of year
- $9,053,364
- Total liabilities, end of year
- $927,784
- Net assets, end of year
- $8,125,580
- Land, buildings and equipment
- $19,500
- Net assets without donor restrictions
- $2,906,604
- Net assets with donor restrictions
- $5,218,976
- Gross receipts
- $8,483,530
- Employees
- 37
- Volunteers
- 152
- Year formed
- 1973
- State of legal domicile
- NY
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 | Other / benefits |
|---|---|---|---|---|
| Anthony Tassi | Former Chief Executive Officer Former | 40 | $318,750 | $4,359 |
| Kristine Cooper | Chief External Affairs Officer Key employee | 40 | $159,707 | $14,408 |
| Michelle Lopez | Chief Program Officer Key employee | 40 | $132,537 | $12,846 |
| Asaf Bar-Tura | Chief Executive Officer - July 2024 Officer | 40 | $92,478 | $16,402 |
| Tinika Brown Davis | Director Trustee or director | 2 | $0 | $0 |
| Ianthe Dugan | Director Trustee or director | 2 | $0 | $0 |
| W Ross Honey | Director Trustee or director | 2 | $0 | $0 |
| Sabastian Niles | Director Trustee or director | 2 | $0 | $0 |
| Jordan Pavlin | Director Trustee or director | 2 | $0 | $0 |
| Richard Hooper | Director Trustee or director | 2 | $0 | $0 |
| Aureon Herron-Hinds | Director Trustee or director | 2 | $0 | $0 |
| Calvin Siemer | Director Trustee or director | 2 | $0 | $0 |
| Finley Shaw | Director Trustee or director | 2 | $0 | $0 |
| John Rosso | Director Trustee or director | 2 | $0 | $0 |
| Sonia Chaliha | Director Trustee or director | 2 | $0 | $0 |
3 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Todd R Larsen | Treasurer Officer | 2 | $0 |
| Courtney EK Lewis | Chair Officer | 2 | $0 |
| Kristina Hammond | Secretary Key employee | 2 | $0 |
990 for the year ended June 30, 2024: 17 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Anthony Tassi | Chief Executive Officer - DOH Key employee | 40 | $185,000 | $2,975 |
| Jane Sung E Bai | Chief Operating Officer - DOH Key employee | 40 | $179,036 | $3,000 |
| Kristine Cooper | Chief External Affairs Office Key employee | 40 | $178,796 | $0 |
| Jordan Pavlin | Publisher and Editor in Chief Trustee or director | 2 | $0 | $0 |
| Sebastian V Niles | President and Chief Legal Off Trustee or director | 2 | $0 | $0 |
| Cynthia McFadden | Former NBC News Correspondent Trustee or director | 2 | $0 | $0 |
| Victoria Chu Pao | Director Trustee or director | 2 | $0 | $0 |
| Richard Hooper | Managing Director Trustee or director | 2 | $0 | $0 |
| Kristina Hammond | Senior Director for Employmen Trustee or director | 2 | $0 | $0 |
| Mark Subias | Director Trustee or director | 2 | $0 | $0 |
| Mark Guverich | Director Trustee or director | 2 | $0 | $0 |
| Ianthe Dugan | Journalist and Author Trustee or director | 2 | $0 | $0 |
| Tinika Brown Davis | Special Counsel Trustee or director | 2 | $0 | $0 |
| W Ross Honey | Board Member Trustee or director | 2 | $0 | $0 |
| Todd Larsen | Treasuer Trustee or director | 2 | $0 | $0 |
| Lawrence A Jacobs | Secretary Trustee or director | 2 | $0 | $0 |
| Courtney EK Lewis | Chair Trustee or director, Officer | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 75 MAIDEN LN FL 1102, NEW YORK, NY 10038-4606
- In care of
- % ASAF BAR-TURA
- Principal officer (990 for 2024)
- Asaf Bar-Tura, 75 Maiden Lane STE 1102, New York, NY 10038
- Signed the 990
- ASAF BAR-TURA, Chief Executive Officer
- Phone
- (212) 725-9200
- Website
- www.literacypartners.org
- Return prepared by
- Padilla and Company LLP
Mission
Literacy Partners, Inc. advances literacy two generations at a time, by supporting adults, parents, and caregivers in nurturing the literacy skills they and the children in their lives need to thrive.
Program accomplishments
- Community Workshops: This program includes community workshops for English and Spanish speaking parents and caregivers on topics such as early literacy, informal STEM, and the Science of Reading. These workshops build the capacity of parents and caregivers to promote their childrens early learning, social-emotional growth, and school readiness. In addition, this program provides every participant with a home library of age and language-appropriate books for their children, along with coaching and support that help participants make family reading a daily habit.Expenses $2,276,392
- Intensive Classes: This program focuses on adult literacy, with three main concentration areas: First, English language classes for parents of young children, focusing on literacy skills for speakers of other languages. Second, adult literacy classes that focus on entry-level adult readers with intensive classes and individualized tutoring. Third, a seminar series that helps young parents finish their High School Equivalency diplomas and transition into their college education.Expenses $1,681,028
- Educational Media: This program creates award-winning media content that advances literacy through powerful narratives, engaging content, and accessible information that reaches millions of people. As part of creating literacy-rich home environments, this program also provides participants with a home library of age- and language-appropriate books for their children.Expenses $135,204
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
- 51-0180665
- 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
- 1973
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B600)
- Assets (IRS master file)
- $9,053,364
- Income (IRS master file)
- $8,483,530
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $6,035,091 | $5,807,728 | $9,053,364 | XML |
| 990 | June 2024 | $4,275,832 | $5,078,225 | $8,807,367 | IRS |
| 990 | June 2023 | $2,999,625 | $4,494,233 | $9,400,360 | IRS |
| 990 | June 2022 | $4,128,478 | $3,483,759 | $9,633,400 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about LITERACY PARTNERS INC
- What is the EIN of LITERACY PARTNERS INC?
- The employer identification number (EIN) of LITERACY PARTNERS INC is 51-0180665.
- Is LITERACY PARTNERS INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1973.
- Are donations to LITERACY PARTNERS INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LITERACY PARTNERS 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 LITERACY PARTNERS 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 LITERACY PARTNERS 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 LITERACY PARTNERS INC?
- The 990 for the year ended June 30, 2025 names Asaf Bar-Tura.
- Who are the officers and directors of LITERACY PARTNERS INC?
- The 990 for the year ended June 30, 2025 lists 18 people; 4 received compensation from the organization, the highest $318,750 (Anthony Tassi, Former Chief Executive Officer).
- How much revenue does LITERACY PARTNERS INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $6,035,091, expenses of $5,807,728 and total assets of $9,053,364 at year end.
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