Literacy Research Association Inc
Hoffman Est, Illinois
B+Health Score
65B+
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Good
💰
$515K
Total Revenue
📊
$246K
Total Expenses
🏦
$1.4M
Net Assets
📋
$7K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+22.6%
Year-over-year change (2022 → 2023)
Net Margin
+52.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
5.87
Net assets divided by total expenses
Liabilities-to-Assets
0.5%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $514,998↑23% | $246,398↓45% | $1,451,974↑16% | — |
| 2022 | $419,984↓23% | $450,117↓14% | $1,250,782↓15% | — |
| 2021 | $548,608↑13% | $522,479↑71% | $1,479,439↑14% | — |
| 2020 | $483,572↓7% | $304,927↓30% | $1,299,635↑9% | — |
| 2019 | $517,781↑13% | $435,333↓22% | $1,193,545↑25% | — |
| 2018 | $458,931 | $559,238↑20% | $951,589↓16% | — |
| 2017 | $457,932↓21% | $465,131↓3% | $1,135,151↑15% | — |
| 2016 | $578,604↑20% | $479,909↑12% | $987,583↑11% | — |
| 2015 | $481,539↑7% | $427,833↓4% | $892,151↑5% | — |
| 2014 | $448,693↑3% | $445,980↓2% | $849,164↑5% | — |
| 2013 | $434,357↑1% | $456,790↑15% | $809,675↓3% | — |
| 2012 | $428,177↑14% | $398,652↑12% | $834,415↑3% | — |
| 2011 | $377,018 | $354,763 | $808,907 | — |
Frequently Asked Questions
What does Literacy Research Association Inc do?▼
Literacy Research Association Inc is a education nonprofit organization based in Illinois. It is classified under NTEE code B99Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Literacy Research Association Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Literacy Research Association Inc.
How much revenue does Literacy Research Association Inc generate?▼
Literacy Research Association Inc reports $462K in annual revenue and holds $1.5M in total assets, based on IRS filings.