Jan 7, 2026
The Literacy Lab Response
4moThe Literacy Lab’s former leadership created an amazing organization, and it is an honor to continue that legacy. The current leadership has seen clean audits every year of their tenure and secured millions of dollars in government and other highly monitored funding sources, along with a $10 million gift from MacKenzie Scott. For 5 consecutive years, we've earned the Best of Washington Award in the Nonprofit category. We have a 4-star rating from Charity Navigator and a Platinum rating from Candid.
Our leadership and board have worked to ensure we maintain operating reserves well above the 3-6 month recommended range for non-profits. Our Board Treasurer, a finance executive, has 18 years of experience and reviews our finances on an ongoing basis. Because of this diligence, we have been able to strategically leverage reserves while maintaining an above-average balance. Under the current leadership, the organization has never operated at a deficit.
If you have any questions about The Literacy Lab, please reach out to our leadership.