Literacy Trust Inc
Nutley, New Jersey
B-Health Score
47B-
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Average
💰
$1.6M
Total Revenue
📊
$2.0M
Total Expenses
🏦
$1.4M
Net Assets
📋
$100K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-11.3%
Year-over-year change (2022 → 2023)
Net Margin
-28.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.67
Net assets divided by total expenses
Liabilities-to-Assets
6.8%
Total liabilities as % of total assets
Filing History
14 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $1,582,377↓11% | $2,032,798↓38% | $1,472,369↓25% | |
| 2022 | $1,784,480↓61% | $3,258,614↑16% | $1,951,497↓44% | — |
| 2021 | $4,601,773↑88% | $2,806,592↑14% | $3,504,762↑146% | — |
| 2020 | $2,445,709↑18% | $2,457,971↑22% | $1,422,699↑23% | — |
| 2019 | $2,078,656↑21% | $2,014,719↑10% | $1,156,493↓2% | — |
| 2018 | $1,717,711↑102% | $1,827,900↑170% | $1,183,107↑45% | — |
| 2017 | $851,606↓49% | $677,830↓46% | $816,774↑31% | — |
| 2016 | $1,678,928↑2132% | $1,266,032↑2921% | $624,051↑389% | — |
| 2015 | $75,228↓64% | $41,905↓73% | $127,519↑3% | — |
| 2014 | $209,941↑31% | $155,924↑9% | $123,258↑69% | — |
| 2013 | $159,837↓20% | $143,688↓36% | $72,896↑24% | — |
| 2012 | $200,924↓32% | $224,610↓7% | $58,944↓20% | — |
| 2011 | $295,331↑62% | $241,549↑22% | $73,289↑339% | — |
| 2010 | $182,862 | $198,171 | $16,708 | — |
Frequently Asked Questions
What does Literacy Trust Inc do?▼
Literacy Trust Inc is a education nonprofit organization based in New Jersey. It is classified under NTEE code B116 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Literacy Trust Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Literacy Trust Inc.
How much revenue does Literacy Trust Inc generate?▼
Literacy Trust Inc reports $923K in annual revenue and holds $531K in total assets, based on IRS filings.
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