Nashville Adult Literacy Council Feels Financial Crunch - NewsChannel5.com | Nashville News, Weather & Sports

Nashville Adult Literacy Council Feels Financial Crunch

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NASHVILLE, Tenn.- The Nashville Adult Literacy Council is feeling a financial crunch. The non-profit has had to dip into its reserve fund the last two years to balance the budget.

Tax records show the non-profit spent $9,000 more than it received in 2010. Then in 2011 the council spent $73,000 more than it brought in.

The trouble started when a two year grant used to hire teachers to teach citizenship classes expired.

"Rather than dismantle what we created for a year we decided to keep it going and use our reserves," Meg Nugent, who works with the Adult Literacy Council, said.

The literacy council's troubles are an example of what has been going on all over Middle Tennessee with many non-profits. They're still recovering from the recession. In most cases there are fewer contributions, with the same or more expectations.

Nugent said there's a new donor so the 2012 financial picture will improve.

For more information: http://nashvilleliteracy.org/news-events/

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