We Shall Read
Farmingtn Hls, Michigan
BHealth Score
59B
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Above Average
💰
$544K
Total Revenue
📊
$390K
Total Expenses
🏦
$361K
Net Assets
📋
$17K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+91.0%
Year-over-year change (2022 → 2023)
Net Margin
+28.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.92
Net assets divided by total expenses
Liabilities-to-Assets
4.4%
Total liabilities as % of total assets
Filing History
3 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $543,873↑91% | $389,928↑126% | $377,421↑65% | — |
| 2022 | $284,693↑73% | $172,500↑134% | $228,273↑150% | — |
| 2021 | $164,792 | $73,609 | $91,183 | — |
Frequently Asked Questions
What does We Shall Read do?▼
We Shall Read is a education nonprofit organization based in Michigan. It is classified under NTEE code B92 and is registered as a 501(c) tax-exempt organization with the IRS.
Is We Shall Read financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for We Shall Read.
How much revenue does We Shall Read generate?▼
We Shall Read reports $408K in annual revenue and holds $423K in total assets, based on IRS filings.