Virginia State Reading Association
Glen Allen, Virginia
BHealth Score
61B
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Above Average
💰
$379K
Total Revenue
📊
$319K
Total Expenses
🏦
$400K
Net Assets
📋
$19K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+25.8%
Year-over-year change (2022 → 2023)
Net Margin
+15.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.25
Net assets divided by total expenses
Liabilities-to-Assets
4.5%
Total liabilities as % of total assets
Filing History
12 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $378,971↑26% | $319,001↓6% | $418,744↑11% | — |
| 2022 | $301,362↑74% | $338,764↑52% | $378,764↓5% | — |
| 2021 | $173,083 | $222,672↓15% | $398,622↓14% | — |
| 2020 | $173,079↓68% | $261,189↓57% | $462,857↓14% | — |
| 2019 | $547,275↑26% | $607,121↑56% | $536,451↑4% | — |
| 2017 | $436,016↓5% | $390,362↓7% | $516,522↑10% | — |
| 2016 | $457,317↑22% | $418,782↑14% | $470,868↑9% | — |
| 2015 | $374,240↑9626% | $367,831↑2799% | $432,262↑2% | — |
| 2014 | $3,848↓98% | $12,688↓95% | $425,853↓2% | — |
| 2014 | $255,492↓10% | $261,811↑1% | $434,693↓1% | — |
| 2013 | $284,984↓19% | $258,155↓13% | $441,012↑3% | — |
| 2012 | $352,030 | $295,196 | $429,547 | — |
Frequently Asked Questions
What does Virginia State Reading Association do?▼
Virginia State Reading Association is a education nonprofit organization based in Virginia. It is classified under NTEE code B82 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Virginia State Reading Association financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Virginia State Reading Association.
How much revenue does Virginia State Reading Association generate?▼
Virginia State Reading Association reports $425K in annual revenue and holds $586K in total assets, based on IRS filings.