Read Muskegon
Muskegon, Michigan
BHealth Score
63B
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Above Average
How This Organization Compares
Compared to 4 peers in Education with $1M-$10M revenue
Working Capital Ratio (net assets ÷ expenses)
This Org0.41×
Peer Median20.77×
💰
$446K
Total Revenue
📊
$485K
Total Expenses
🏦
$201K
Net Assets
📋
$61K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+11.1%
Year-over-year change (2022 → 2023)
Net Margin
-8.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.41
Net assets divided by total expenses
Liabilities-to-Assets
23.4%
Total liabilities as % of total assets
Filing History
11 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $446,010↑11% | $485,074↑22% | $262,130↓5% | — |
| 2022 | $401,465↑6% | $398,229↑19% | $276,096↓11% | — |
| 2021 | $378,618↑41% | $334,718↑25% | $308,613↑14% | — |
| 2020 | $267,782↑16% | $266,814↑9% | $270,788↑104% | — |
| 2019 | $230,445↓2% | $244,409↑19% | $132,946↓13% | — |
| 2018 | $234,519↑15% | $205,585↑35% | $153,296↑29% | — |
| 2017 | $203,083↑39% | $152,504↑37% | $118,855↑71% | — |
| 2016 | $146,484↑107% | $110,944↑15% | $69,417↑161% | — |
| 2015 | $70,709↓26% | $96,644↑17% | $26,586↓47% | — |
| 2014 | $95,839↑4% | $82,416↑64% | $50,382↓28% | — |
| 2012 | $92,396 | $50,325 | $69,559 | — |
Frequently Asked Questions
What does Read Muskegon do?▼
Read Muskegon is a education nonprofit organization based in Michigan. It is classified under NTEE code B60 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Read Muskegon financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Read Muskegon.
How much revenue does Read Muskegon generate?▼
Read Muskegon reports $1.2M in annual revenue and holds $1.0M in total assets, based on IRS filings.