Brookhaven, MS
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)READING NOOK ACADEMY, founded in 2021, is a small nonprofit in the Education sector that reported $670K in total revenue in fiscal year 2023. Expenses of $595K left a modest 11% surplus.
Provide each child with a formal education that will benefit and help them excel for a lifetime. Our mission is to provide our students with a personal cirrculum that allows them to progress at their own pace, and at the same time diminish each child's personal discouragement concerning education.
Our program has helped children overcome daily struggles with learning disabilities.
Our program has helped children overcome daily struggles with learning disabilities.
Our program has helped children overcome daily struggles with learning disabilities.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $670,000 | $658,755 | +0.0% |
| Expenses | $595,106 | $708,746 | -0.2% |
| Net Income | $74,894 | $-49,991 | -2.5% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Millicent Porter | Founder | 40 |
Officer
|
$26,414 | $0 | $26,414 |
| Katherine Flynn | Member | 0 |
Officer
|
$0 | $0 | $0 |
| Kelly Earls | Member | 0.00 |
Officer
|
$0 | $0 | $0 |
| Clay Woolley | Member | 0.00 |
Officer
|
$0 | $0 | $0 |
| Sonny Brown | Member | 0.00 |
Officer
|
$0 | $0 | $0 |
| Doug Kimble | Member | 0.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $670,000 | $595,106 | No data | $74,894 |
| 2023 | $658,755 | $708,746 | No data | $-49,991 |
| 2022 | $471,565 | $433,948 | No data | $37,617 |
Compare READING NOOK ACADEMY with other nonprofits in Mississippi and across the country.