FAYETTE LITERACY

SOMERVILLE, TN | Fayette County
Community Services
FAYETTE LITERACY
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As of , this nonprofit no longer meets findCRA's qualification requirements and will no longer appear in CQ search results.

Reason for disqualification:

Overview

FAYETTE LITERACY
62-1583753
214 LAKEVIEW RD
SOMERVILLE, TN 38068
Fayette County
(901) 813-8126

Mission Statement info

THE PRIMARY EXEMPT PURPOSE IS TO RAISE AWARENESS OF ILLITERACY IN FAYETTE COUNTY, TN AND TO ADMINISTER PROGRAMS THAT ASSIST IN ACQUIRING BASIC READING AND WRITING SKILLS AND TO ENCOURAGE TOTAL FAMILY LITERACY.

Founded info
Not reported
Total Employees info
Not reported
Total Volunteers info
Not reported
CRA Category info
  • Community Services
Nonprofit location info
  • This nonprofit is not located in any CRA geographies.
Awards & Certifications info
  • This nonprofit has not received any CRA awards or certifications.
Nonprofit Classification (NTEE Code) info
B60

B - Educational Institutions

Adult Education

Institutions outside the formal system of regular schools, colleges, universities and technical/trade schools that provide opportunities for adults to develop basic learning and communication skills, complete their high school education, expand their knowledge in a particular field or discipline or develop skills in a new area of interest.

IRS Activity Codes info
-
Not reported
-
Not reported
-
Not reported
Standard Business Classification (NAICS Code) info
611699
All Other Miscellaneous Schools and Instruction

CRA Alignment

CRA Category info
Community Services
Social services and other support for low- and moderate-income, homeless or at-risk individuals.
CRA Certification info
Has not applied.
Awards & Certifications info
Community Development Financial Institution info
Community Development Financial Institution Award Recipient info
New Market Tax Credit Recipient info
HUD Counseling Agency info
Low Income Housing Tax Credit Recipient info

IRS Summary

Income
$44.7K
Revenue
$44.7K
Assets
$7.9K
Exempt Ruling Date info
2006-06
Deductibility Status info
Deductible
Tax Filing Year info
2017
Organization Type info
Corporation
Organization Tax Filing Status info
990 - Required to file Form 990-N - Income less than $25,000 per year
Foundation Tax Filing Status info
990-PF not required by IRS
Affiliation Classification info
Independent Organization
States Where Tax Return is Filed info
Not reported
Basis for Foundation/Public Charity Status info
Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
IRS Reported Activities info
Provides Credit Counseling
Conducts Gaming Activities
Engages in Lobbying Activities
Engages in Political Activities
Makes Grants to Individuals
Makes Grants to Organizations

Nonprofit Location

Physical Address info
214 LAKEVIEW RD
SOMERVILLE, TN 38068
Fayette County
FIPS Geocoded Address info
32820
MSA/CBSA info
47
State info
047
County info
0605.01
Tract info
Middle
Income Level info
Core-Based Statistical Area info
Memphis, TN-MS-AR
Combined Statistical Area info
Memphis-Forrest City, TN-MS-AR
Metropolitan Division info
Not located in an MD.
Area Type info
Metropolitan Statistical Area
Located In info
Low- or Moderate-Income Census Tract info
Opportunity Zone info
Majority Minority Census Tract info
Designated Distressed Census Tract info
Underserved Census Tract info

Market Data

Census Tract County
0605.01 Fayette County
Population
Total Population 4,223 39,692
Total Households 1,568 15,410
Income
Median Family Income (Census*) $63,413 $59,017
Median Family Income (2019 FFIEC) $63,700 N/A
Tract Income Percentage 108.93% N/A
Below Poverty Level 25.7% 13.9%
Unemployment Level 11.1% 6.8%
Housing
Total Housing Units 1,767 16,835
Total Owner-Occupied Units 58.6% 79.7%
Total Renter-Occupied Units 30.2% 20.3%
Total Vacant Units 11.3% 3.5%
* Census tract income based on 2019 Census estimated data; County income based on 2018 American Community Survey data.
View more than 200 performance context data points for this county now.

Management

Not reported
Total Voting Members
in Governing Body info
Not reported
Independent Voting Members
in Governing Body info
Tax Filing Signatory info
Ronnie McCarty
President
(901) 465-4231
Principal Officer info
Not reported by nonprofit.
Key Policies & Documents info
Written Conflict of Interest Policy
Written Document Retention & Destruction Policy
Written Wistleblower Policy
CEO Compensation Review Process
Written Minutes of Board Meetings
Financial Statements & Reporting info
Compiled or Reviewed by an Independent Accountant
Audited by an Independent Accountant
Included in Consolidated Financial Statements
Internal Audit Committee Review
Federal Grant Audit Required
Federal Grand Audit Performed

"NA" in this section indicates that the information was not available in the nonprofit's most recent IRS tax filing.

This Nonprofit Profile was automatically created by findCRA based on data available from publicly available government and industry sources and our own research. This Nonprofit Profile is not currently maintained by, endorsed by, or affiliated with this nonprofit. Whenever possible, we utilize the most recent information available including information as made public by the Internal Revenue Service, U.S. Census Bureau, Federal Financial Institutions Examination Council, and more. The format and design of this Nonprofit Profile is ©findCRA. For more information about our Nonprofit Profiles, please visit www.learncra.com.