TPhilanthropy, Voluntarism & GrantmakingEIN: 822477103· Ruling Year: 2017

Formidable Joy

Studio City, California

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 8 peers in Philanthropy, Voluntarism & Grantmaking with $100K-$1M revenue

💰
$285K
Total Revenue
📊
$246K
Total Expenses
🏦
$192K
Net Assets
📋
N/A
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+35.2%
Year-over-year change (2022 → 2023)
Net Margin
+13.8%
Revenue minus expenses as % of revenue

Filing History

6 filings on record
YearRevenueExpensesAssets
2023$284,80135%$245,63011%$192,31426%
2022$210,7203%$220,38020%$152,17315%
2021$217,58014%$277,102140%$178,04727%
2020$253,04039%$115,29525%$242,259155%
2019$181,6656%$154,27322%$94,90741%
2018$171,144$126,417$67,250

Frequently Asked Questions

What does Formidable Joy do?

Formidable Joy is a philanthropy, voluntarism & grantmaking nonprofit organization based in California. It is classified under NTEE code T50 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Formidable Joy financially healthy?

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Formidable Joy.

How much revenue does Formidable Joy generate?

Formidable Joy reports $134K in annual revenue and holds $153K in total assets, based on IRS filings.

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