BEducationEIN: 943400461· Ruling Year: 2002

Open Library Of Richmond Inc

Biddeford, Maine

BHealth Score
56B

Financial Health Score

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

Above Average

How This Organization Compares

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

Working Capital Ratio (net assets ÷ expenses)

This Org0.91×
Peer Median20.77×
💰
$10.1M
Total Revenue
📊
$26.2M
Total Expenses
🏦
$23.9M
Net Assets
📋
$461K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+132.4%
Year-over-year change (2022 → 2023)
Net Margin
-159.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.91
Net assets divided by total expenses
Liabilities-to-Assets
1.9%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2023$10,064,206132%$26,157,740752%$24,381,59038%
2022$4,330,21772%$3,071,43478%$39,437,013
2021$15,433,911255%$14,043,186249%$39,481,9846%
2020$4,352,95883%$4,020,35628%$37,375,76113%
2019$25,782,435312%$5,570,98324%$32,940,773157%
2018$6,261,97541%$4,494,46450%$12,839,36815%
2017$10,673,0071011%$9,053,37939%$11,139,03718%
2016$960,45388%$6,502,894231%$9,443,22136%
2015$7,965,072145%$1,962,450244%$14,766,58669%
2014$3,255,76449%$571,18774%$8,753,51045%
2013$6,350,1678496%$2,171,2316140%$6,034,619231%
2012$73,87096%$34,79348%$1,821,7592%
2011$1,750,824558%$67,46265%$1,782,6572%
2010$266,050$193,090$1,810,553

Frequently Asked Questions

What does Open Library Of Richmond Inc do?

Open Library Of Richmond Inc is a education nonprofit organization based in Maine. It is classified under NTEE code B05 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Open Library Of Richmond Inc financially healthy?

Based on our 9-metric Financial Health Score model, Open Library Of Richmond Inc has a score of 56/100 (Grade: B). 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 Open Library Of Richmond Inc generate?

Open Library Of Richmond Inc reports $5.5M in annual revenue and holds $27.6M in total assets, based on IRS filings.

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Open Library Of Richmond Inc — Biddeford, ME | GiveScope