TPhilanthropy, Voluntarism & GrantmakingEIN: 347129352· Ruling Year: 2001

The Reading 1 Foundation

Chagrin Falls, Ohio

B+Health Score
65B+

Financial Health Score

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

Good

How This Organization Compares

Compared to 20 peers in Philanthropy, Voluntarism & Grantmaking with <$100K revenue

Working Capital Ratio (net assets ÷ expenses)

This Org32.75×
Peer Median18.82×
💰
$304K
Total Revenue
📊
$85K
Total Expenses
🏦
$2.8M
Net Assets
📋
$1
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+82.1%
Year-over-year change (2022 → 2023)
Net Margin
+71.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
32.75
Net assets divided by total expenses
Liabilities-to-Assets
0.0%
Total liabilities as % of total assets

Filing History

10 filings on record
YearRevenueExpensesAssets
2023$303,71782%$85,32047%$2,794,6411%
2022$166,76135%$160,74134%$2,773,27815%
2021$123,623213%$243,77680%$3,254,81812%
2020-$109,3371038%$135,637134%$2,909,3861%
2019$11,66295%$57,94769%$2,934,52331%
2015$239,28646%$184,22442%$2,245,39010%
2014$163,516164%$315,277199%$2,508,6323%
2013$61,82960%$105,28637%$2,594,86311%
2012$156,128153%$166,133172%$2,333,3104%
2011$61,786$61,002$2,234,333

Frequently Asked Questions

What does The Reading 1 Foundation do?

The Reading 1 Foundation is a philanthropy, voluntarism & grantmaking nonprofit organization based in Ohio. It is classified under NTEE code T20 and is registered as a 501(c) tax-exempt organization with the IRS.

Is The Reading 1 Foundation financially healthy?

Financial health scoring requires Form 990 filing data. Check back as we process more filings for The Reading 1 Foundation.

How much revenue does The Reading 1 Foundation generate?

Revenue data for The Reading 1 Foundation is sourced from IRS filings. Detailed financial breakdowns may be available on the organization's Form 990.

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