BEducationEIN: 753225744· Ruling Year: 2007

Island Readers And Writers An Initiative For Maine Children

Mount Desert, Maine

A-Health Score
83A-

Financial Health Score

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

Very Good

How This Organization Compares

Compared to 4 peers in Education with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org4.92×
Peer Median20.77×
💰
$2.6M
Total Revenue
📊
$513K
Total Expenses
🏦
$2.5M
Net Assets
📋
$4K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+578.0%
Year-over-year change (2022 → 2023)
Net Margin
+80.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
4.92
Net assets divided by total expenses
Liabilities-to-Assets
0.2%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$2,577,924578%$512,65717%$2,528,739452%
2022$380,24114%$437,86514%$457,94713%
2021$440,8004%$383,2871%$526,39514%
2020$423,08012%$387,44512%$459,92410%
2019$480,3296%$440,0584%$418,12512%
2018$454,9234%$424,07313%$374,6616%
2017$474,30022%$375,9146%$354,67843%
2016$388,7249%$398,80924%$248,4433%
2015$357,67031%$321,73049%$255,35312%
2014$273,08228%$216,02820%$227,15636%
2013$212,52730%$180,49522%$167,58129%
2012$163,16325%$147,85610%$129,76317%
2011$130,043$134,670$110,778

Frequently Asked Questions

What does Island Readers And Writers An Initiative For Maine Children do?

Island Readers And Writers An Initiative For Maine Children is a education nonprofit organization based in Maine. It is classified under NTEE code B99 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Island Readers And Writers An Initiative For Maine Children financially healthy?

Based on our 9-metric Financial Health Score model, Island Readers And Writers An Initiative For Maine Children has a score of 83/100 (Grade: A-). 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 Island Readers And Writers An Initiative For Maine Children generate?

Island Readers And Writers An Initiative For Maine Children reports $3.2M in annual revenue and holds $5.1M in total assets, based on IRS filings.

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Island Readers And Writers An Initiative For Maine Children — Mount Desert, ME | GiveScope