O โ€” Youth DevelopmentEIN: 862200001ยท Ruling Year: 2021

Joyful Readers Inc

Philadelphia, Pennsylvania

B+Health Score
65B+

Financial Health Score

Provisional

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

Good

๐Ÿ’ฐ
$1.3M
Total Revenue
๐Ÿ“Š
$1.2M
Total Expenses
๐Ÿฆ
$240K
Net Assets
๐Ÿ“‹
$39K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+987.6%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+10.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.20
Net assets divided by total expenses
Liabilities-to-Assets
14.0%
Total liabilities as % of total assets

Filing History

2 filings on record
YearRevenueExpensesAssets
2023$1,308,932โ†‘988%$1,173,327โ†‘7152%$278,927โ†‘168%
2022$120,345$16,180$104,165

Frequently Asked Questions

What does Joyful Readers Inc do?โ–ผ

Joyful Readers Inc is a youth development nonprofit organization based in Pennsylvania. It is classified under NTEE code O50 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Joyful Readers Inc financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Joyful Readers Inc has a score of 65/100 (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 Joyful Readers Inc generate?โ–ผ

Joyful Readers Inc reports $2.3M in annual revenue and holds $757K in total assets, based on IRS filings.

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Joyful Readers Inc โ€” Philadelphia, PA | GiveScope