BEducationEIN: 593600088· Ruling Year: 2000

Childrens Reading Center Inc

Palatka, Florida

A-Health Score
77A-

Financial Health Score

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

Very Good

How This Organization Compares

Compared to 4 peers in Education with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.34×
Peer Median20.77×
💰
$3.1M
Total Revenue
📊
$2.4M
Total Expenses
🏦
$3.3M
Net Assets
📋
$1.6M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Net Margin
+20.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.34
Net assets divided by total expenses
Liabilities-to-Assets
32.6%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$3,058,034$2,438,005$4,837,94328%
2022$0100%$0100%$3,783,274
2021$2,355,67614%$2,527,56024%$3,783,27410%
2020$2,064,6225%$2,042,796$3,436,6964%
2019$2,169,18420%$2,049,6821%$3,564,6696%
2017$1,801,4279%$2,038,76842%$3,374,3992%
2016$1,647,7542%$1,438,9237%$3,299,1341%
2015$1,622,5003%$1,544,2651%$3,250,9842%
2014$1,569,2188%$1,552,23021%$3,186,227
2013$1,452,44410%$1,286,4281%$3,178,039
2012$1,319,9036%$1,304,2924%$3,174,1583%
2011$1,400,930$1,358,935$3,278,321

Frequently Asked Questions

What does Childrens Reading Center Inc do?

Childrens Reading Center Inc is a education nonprofit organization based in Florida. It is classified under NTEE code B92 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Childrens Reading Center Inc financially healthy?

Based on our 9-metric Financial Health Score model, Childrens Reading Center Inc has a score of 77/100 (Grade: A-). 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 Childrens Reading Center Inc generate?

Childrens Reading Center Inc reports $2.6M in annual revenue and holds $4.8M in total assets, based on IRS filings.

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