Read Foundation
Grand Haven, Michigan
CHealth Score
43C
Financial Health Score
Provisional8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Below Average
How This Organization Compares
Compared to 2 peers in Education with <$100K revenue
Working Capital Ratio (net assets ÷ expenses)
This Org1.50×
Peer Median26.08×
💰
$91K
Total Revenue
📊
$50K
Total Expenses
🏦
$75K
Net Assets
📋
$1K
Total Liabilities
Financial Health Indicators
Net Margin
+44.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.50
Net assets divided by total expenses
Liabilities-to-Assets
1.6%
Total liabilities as % of total assets
Filing History
1 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $91,086 | $50,336 | $76,673 |
Frequently Asked Questions
What does Read Foundation do?▼
Read Foundation is a education nonprofit organization based in Michigan. It is classified under NTEE code B92 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Read Foundation financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Read Foundation.
How much revenue does Read Foundation generate?▼
Read Foundation reports $83K in annual revenue and holds $113K in total assets, based on IRS filings.