Literacy Volunteers of Bangor
Public records show a registered, tax-exempt organization in good standing.
What it says it does
Literacy Volunteers of Bangor (LVB) helps Bangor area adults who want to work on basic English skills or to learn English as another language. Since 1969, we have helped change the lives of adults, one at a time. During July 1, 2023 - June 30, 2024, LVB orchestrated the efforts of 173 volunteers (most of whom are tutors) who gave more than 10,000 hours of service. These efforts helped 168 adults attain the following goals: get a job/better job (27), enter education/training (16), improve employability skills (58), greater community involvement (29) and/or other personal goals (101).
- Income
- $257,318
- Spending
- $220,062
- Spent on programs
- 82%
- Reserves
- 17.8 months of spending
- Largest source of income
- donations and private grants, 97%
- Employees
- 5
- Volunteers
- 225
- Highest pay
- $54,836, executive director
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 95 out of 100. Higher than 82% of charities in its peer group (education, $250k to $1m).
Reserves
35 of 35Spendable reserves would cover 17.8 months of spending.
Debt
20 of 20It owes 1% of what it owns.
Living within its means
15 of 15Income exceeded spending by 14% of income.
Income trend
10 of 15Income fell 8% on the year before.
Spending floor
15 of 1581% of spending went to programs and raising each dollar of donations cost 10 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 97 out of 100. Higher than 93% of charities in its peer group (education, $250k to $1m).
Independent board
25 of 2512 of 12 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
12 of 15Its accounts were reviewed or compiled by an independent accountant, but not audited.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- $179,255 spent. Basic Literacy Program helps adults with literacy barriers reach their personal and educational goals as they relate to improved reading, writing and spelling. In fiscal year ending June 30,2025, 48 adults benefited.
- English Language Program helps immigrants or "New Mainers" gain conversational English skills so that they can more fully function in our community. Additionally, tutors serve as "cultural brokers" to explain the nuances of American culture and help them prepare for the U.S. Citizenship Exam. In fiscal year ending June 30, 2025, 157 adults benefited.
- Family Literacy Program includes programming for those adults who are parenting children. Literate parents are better positioned to care for their children in home, work, school and health care environments. In fiscal year ending June 30, 2025, 91 parenting adults and approximately 205 children ages 0-12 years were served.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since August 2004.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.