Reading Edge Academy Inc
Debary, Florida
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Above Average
How This Organization Compares
Compared to 22 peers in Unclassified with $1M-$10M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
12 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $4,316,985↓11% | $4,868,283↑2% | $5,475,124↓12% | |
| 2022 | $4,846,330↑11% | $4,787,844↑7% | $6,200,470 | — |
| 2021 | $4,347,791↑6% | $4,475,014↑4% | $6,194,209↓4% | — |
| 2020 | $4,086,904↓10% | $4,294,169↓4% | $6,432,623↓6% | — |
| 2019 | $4,537,015↓3% | $4,463,107↑3% | $6,844,746 | — |
| 2018 | $4,660,186↑5% | $4,335,367↑1% | $6,816,241↑3% | — |
| 2017 | $4,445,474↑5% | $4,276,334↑2% | $6,604,365↑1% | — |
| 2016 | $4,247,920↑4% | $4,201,121↑3% | $6,532,472↓1% | — |
| 2015 | $4,102,452↑4% | $4,070,379↑5% | $6,580,359 | — |
| 2014 | $3,944,354↑5% | $3,894,110 | $6,585,853↓1% | — |
| 2013 | $3,767,487↑10% | $3,894,426↑6% | $6,623,535↓3% | — |
| 2012 | $3,437,532 | $3,680,052 | $6,837,298 | — |
Frequently Asked Questions
What does Reading Edge Academy Inc do?▼
Reading Edge Academy Inc is a unclassified nonprofit organization based in Florida. It is classified under NTEE code Z99 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Reading Edge Academy Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Reading Edge Academy Inc has a score of 58/100 (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 Reading Edge Academy Inc generate?▼
Reading Edge Academy Inc reports $5.1M in annual revenue and holds $5.6M in total assets, based on IRS filings.
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