FUNDING INNOVATION IN ADULT LITERACY TO CHANGE LIVES. WE DO THIS BY: OFFERING FREE BEST PRACTICE WORKSHOPS FOR TEACHERS AND OTHER ADULT EDUCATION PROFESSIONALS; ENCOURAGING, SUPPORTING, AND SHARING INNOVATIVE PRACTICES, CURRICULUM AND RESOURCES THROUGH OUR FIRST LITERACY LAB PROGRAM GRANT INITIATIVE; AND AWARDING SCHOLARSHIPS AND PROVIDING SUPPORT FOR ADULT LEARNERS WHO ARE STARTING COLLEGE.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.4M
+24.2% YoY
Revenue
$797K
+62.4% YoY
Net Investment Income
$71K
+167.5% YoY
Expenses
$701K
-6.9% YoY
About First Literacy Inc
Based on IRS filings
First Literacy Inc is a nonprofit organization focused on Education, based in BOSTON, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.4M in total assets. Net investment income was $71K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,401,927 | $1,129,162 | $1,268,482 |
| Revenue | $796,853 | $490,804 | $615,900 |
| Expenses | $700,620 | $752,639 | $729,964 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $70,753 | $26,450 | $92,281 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
3 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JAMES NOLAN | CHAIRMAN | 1.5 | — |
| HOLLY REEVES | TREASURER | 1 | — |
| KARIME ADBEL-HAY | BOARD MEMBER | 1.5 | — |
| JEFFREY P BEALE | VICE PRESIDENT | 1.5 | — |
| RUDY BOZAS | BOARD MEMBER | 0.5 | — |
| LAWRENCE FAHEY | VICE PRESIDENT | 1 | — |
| COREY GROVES | BOARD MEMBER | 0.5 | — |
| NILAN JAYASINGHE | BOARD MEMBER | 1 | — |
| OLGA KASPAROVA | BOARD MEMBER | 0.5 | — |
| TONY DAY SILVA | BOARD MEMBER | 0.5 | — |
| BARBARA GARNER | BOARD MEMBER | 0.5 | — |
| LEE KENYON | BOARD MEMBER | 0.5 | — |
| THERESA B WITHERELL | EXECUTIVE DIRECTOR | 50 | $152,749 |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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