Literacy Volunteers Of Bangor
Bangor, Maine
B+Health Score
69B+
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Good
💰
$280K
Total Revenue
📊
$193K
Total Expenses
🏦
$540K
Net Assets
📋
$260
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+41.7%
Year-over-year change (2023 → 2024)
Net Margin
+31.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.79
Net assets divided by total expenses
Liabilities-to-Assets
0.0%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2024 | $280,275↑42% | $193,385↑19% | $539,912↑27% | — |
| 2023 | $197,806↓5% | $162,355↓4% | $425,502↑11% | — |
| 2022 | $208,162↑12% | $169,458↑11% | $382,574↑4% | — |
| 2021 | $186,084↓17% | $152,688↓5% | $369,221↑28% | — |
| 2020 | $223,994↑49% | $160,601↑6% | $289,445↑45% | — |
| 2019 | $149,930↓20% | $151,668↑16% | $200,231↑1% | — |
| 2018 | $186,520↑39% | $130,934↑4% | $199,231↑46% | — |
| 2017 | $133,967 | $126,257↑8% | $136,527↑19% | — |
| 2015 | $133,709↑27% | $116,495↑8% | $114,724↑24% | — |
| 2014 | $105,387↓1% | $108,309↑36% | $92,375↓4% | — |
| 2013 | $106,505↑40% | $79,660↑1% | $95,765↑40% | — |
| 2012 | $76,311↓8% | $78,965↑7% | $68,524↓4% | — |
| 2011 | $82,996 | $73,516 | $71,031 | — |
Frequently Asked Questions
What does Literacy Volunteers Of Bangor do?▼
Literacy Volunteers Of Bangor is a education nonprofit organization based in Maine. It is classified under NTEE code B11 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Literacy Volunteers Of Bangor financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Literacy Volunteers Of Bangor.
How much revenue does Literacy Volunteers Of Bangor generate?▼
Literacy Volunteers Of Bangor reports $257K in annual revenue and holds $615K in total assets, based on IRS filings.