B โ€” EducationEIN: 363576823ยท Ruling Year: 2004

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

๐Ÿ’ฐ
$237K
Total Revenue
๐Ÿ“Š
$191K
Total Expenses
๐Ÿฆ
$229K
Net Assets
๐Ÿ“‹
$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
YearRevenueExpensesAssets
2023$236,641โ†‘27%$191,371โ†‘5%$232,809โ†‘23%
2022$186,893โ†“11%$181,550โ†“13%$189,366โ†‘6%
2021$209,508โ†‘13%$208,310โ†“2%$179,374
2020$185,255โ†“11%$212,343โ†“6%$180,062โ†“12%
2019$207,178โ†“25%$226,980โ†‘25%$204,360โ†“12%
2018$274,615โ†‘12%$181,790โ†‘14%$233,252โ†‘63%
2017$244,418โ†‘94%$159,736โ†“1%$143,250โ†‘146%
2016$125,781โ†“47%$160,698โ†“39%$58,220โ†“39%
2015$239,144โ†“13%$263,447โ†‘4%$95,860โ†“18%
2014$275,692โ†‘18%$253,103โ†‘5%$117,393โ†‘25%
2013$234,479โ†“58%$241,114โ†“56%$93,593โ†‘19%
2012$552,029โ†‘14%$545,946โ†‘16%$78,830โ†‘8%
2011$484,175$469,977$72,708

Frequently Asked Questions

What does Literacy Connection do?โ–ผ

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?โ–ผ

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?โ–ผ

Literacy Connection reports $221K in annual revenue and holds $162K in total assets, based on IRS filings.

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Literacy Connection โ€” Elgin, IL | GiveScope