B — EducationEIN: 521779606

First Book

Washington, District of Columbia

B-Health Score
51B-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Average

How This Organization Compares

Compared to 73 peers in Education with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.32×
Peer Median9.48×
💰
$85.1M
Total Revenue
📊
$88.4M
Total Expenses
🏦
$28.5M
Net Assets
📋
$7.2M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-18.7%
Year-over-year change (2022 → 2023)
Net Margin
-3.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.32
Net assets divided by total expenses
Liabilities-to-Assets
20.1%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$85,122,503↓19%$88,386,667↓27%$35,649,333↓8%
2022$104,666,814↓12%$120,387,234↑17%$38,860,607↓50%
2021$119,219,618↓6%$102,941,147↓23%$78,359,379↑112%
2020$126,947,043↑33%$133,980,886↑32%$36,886,545↓14%
2019$95,484,650↓1%$101,137,707↑7%$42,783,579↓11%
2018$96,220,965↓10%$94,889,118↓11%$47,823,862↑2%
2017$107,009,268↓22%$106,297,627↓21%$46,885,751↑5%
2016$137,049,068↑1%$135,122,816↑5%$44,575,312↑5%
2015$136,101,069↑44%$129,060,587↑29%$42,529,478↑21%
2014$94,537,091↓10%$99,960,631↑5%$35,072,324↓13%
2013$104,617,930↑3%$94,813,997↓3%$40,155,107↑37%
2012$101,494,073↑3%$97,318,993↑5%$29,256,185↑18%
2011$98,979,639$92,968,322$24,848,685

Frequently Asked Questions

What does First Book do?▼

First Book is a education nonprofit organization based in District of Columbia. It is classified under NTEE code B92Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is First Book financially healthy?▼

Based on our 9-metric Financial Health Score model, First Book has a score of 51/100 (Grade: B-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does First Book generate?▼

First Book reports $92.3M in annual revenue and holds $36.0M in total assets, based on IRS filings.

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