Literacy Connection
Elgin, Illinois
BHealth Score
64B
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Above Average
๐ฐ
$237K
Total Revenue
๐
$191K
Total Expenses
๐ฆ
$229K
Net Assets
๐
$4K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+26.6%
Year-over-year change (2022 โ 2023)
Net Margin
+19.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.20
Net assets divided by total expenses
Liabilities-to-Assets
1.6%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $236,641โ27% | $191,371โ5% | $232,809โ23% | |
| 2022 | $186,893โ11% | $181,550โ13% | $189,366โ6% | โ |
| 2021 | $209,508โ13% | $208,310โ2% | $179,374 | โ |
| 2020 | $185,255โ11% | $212,343โ6% | $180,062โ12% | โ |
| 2019 | $207,178โ25% | $226,980โ25% | $204,360โ12% | โ |
| 2018 | $274,615โ12% | $181,790โ14% | $233,252โ63% | โ |
| 2017 | $244,418โ94% | $159,736โ1% | $143,250โ146% | โ |
| 2016 | $125,781โ47% | $160,698โ39% | $58,220โ39% | โ |
| 2015 | $239,144โ13% | $263,447โ4% | $95,860โ18% | โ |
| 2014 | $275,692โ18% | $253,103โ5% | $117,393โ25% | โ |
| 2013 | $234,479โ58% | $241,114โ56% | $93,593โ19% | โ |
| 2012 | $552,029โ14% | $545,946โ16% | $78,830โ8% | โ |
| 2011 | $484,175 | $469,977 | $72,708 | โ |
Frequently Asked Questions
What does Literacy Connection do?โผ
Literacy Connection is a education nonprofit organization based in Illinois. It is classified under NTEE code B92 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Literacy Connection financially healthy?โผ
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Literacy Connection.
How much revenue does Literacy Connection generate?โผ
Literacy Connection reports $221K in annual revenue and holds $162K in total assets, based on IRS filings.