BEducationEIN: 833374917· Ruling Year: 2019

Center For Sound Literacy Foundation

Kentwood, Michigan

A-Health Score
80A-

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 Org2.68×
Peer Median20.77×
💰
$5.1M
Total Revenue
📊
$1.9M
Total Expenses
🏦
$5.2M
Net Assets
📋
$1.3M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+234.2%
Year-over-year change (2022 → 2023)
Net Margin
+62.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.68
Net assets divided by total expenses
Liabilities-to-Assets
20.4%
Total liabilities as % of total assets

Filing History

5 filings on record
YearRevenueExpensesAssets
2023$5,129,465234%$1,928,386143%$6,482,716157%
2022$1,534,95817%$791,95419%$2,523,590123%
2021$1,846,785241%$668,2726%$1,133,7844934%
2020$542,00023%$708,53910%$22,52161%
2019$699,884$642,410$57,497

Frequently Asked Questions

What does Center For Sound Literacy Foundation do?

Center For Sound Literacy Foundation is a education nonprofit organization based in Michigan. It is classified under NTEE code B99 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Center For Sound Literacy Foundation financially healthy?

Based on our 9-metric Financial Health Score model, Center For Sound Literacy Foundation has a score of 80/100 (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 Center For Sound Literacy Foundation generate?

Center For Sound Literacy Foundation reports $2.7M in annual revenue and holds $9.1M in total assets, based on IRS filings.

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Center For Sound Literacy Foundation — Kentwood, MI | GiveScope