Florence Area Literacy Council
Florence, South Carolina
B+Health Score
67B+
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Good
💰
$119K
Total Revenue
📊
$111K
Total Expenses
🏦
$47K
Net Assets
📋
$4K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-2.5%
Year-over-year change (2022 → 2023)
Net Margin
+6.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.43
Net assets divided by total expenses
Liabilities-to-Assets
8.2%
Total liabilities as % of total assets
Filing History
14 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $118,717↓2% | $110,602↑3% | $51,576↑19% | — |
| 2022 | $121,743↑22% | $107,489↑3% | $43,376↑3% | — |
| 2021 | $99,484↑3% | $103,892↑9% | $42,262↑27% | — |
| 2020 | $96,965↓3% | $95,659↓5% | $33,403↑85% | — |
| 2019 | $100,080↑9% | $100,568 | $18,086↓2% | — |
| 2018 | $91,890↓5% | $100,131↑3% | $18,448↓31% | — |
| 2017 | $96,481↓3% | $97,461↓5% | $26,747↑1% | — |
| 2016 | $98,987↑5% | $102,130↑1% | $26,475↓11% | — |
| 2015 | $94,286 | $101,156↑2% | $29,846↓19% | — |
| 2014 | $93,866↑18% | $99,094↑1% | $36,716↓12% | — |
| 2013 | $79,577↓33% | $98,566↓2% | $41,625↓32% | — |
| 2012 | $118,025↑25% | $100,068↑2% | $61,279↑18% | — |
| 2011 | $94,698↑11% | $98,368↓5% | $52,072↓5% | — |
| 2010 | $85,655 | $103,962 | $55,096 | — |
Frequently Asked Questions
What does Florence Area Literacy Council do?▼
Florence Area Literacy Council is a education nonprofit organization based in South Carolina. It is classified under NTEE code B61Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Florence Area Literacy Council financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Florence Area Literacy Council.
How much revenue does Florence Area Literacy Council generate?▼
Florence Area Literacy Council reports $101K in annual revenue and holds $44K in total assets, based on IRS filings.
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