Orem, UT
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Family Literacy Centers Inc, founded in 1995, is a small nonprofit in the Education sector that reported $816K in total revenue in fiscal year 2024. Revenue fell 38% from the prior year — a significant decline worth monitoring. Expenses of $701K left a modest 14% surplus.
Family Literacy Centers assist families and individuals learn to effectively read, write and communicate in English through one-to-one tutoring assistance delivered via self-instructional on-line learning material and from trained volunteers and parents. Historically, Family Literacy Centers established brick and mortar learning centers in both rural and urban communities across the United States. Because of the increased reach provided by the internet, Family Literacy Centers has been able to extend their services to many other parts of the world. These learning centers have been successfully organized in a variety of facilities, including public libraries, senior centers, correctional facilities, public assistance centers, homes, and churches. In response to the COVID-19 pandemic, Family Literacy Centers now focuses on working with individuals and families in home settings using web-based resources rather than within other brick and mortar facilities. Family Literacy Centers uses our
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $816,355 | $1,320,972 | -0.4% |
| Expenses | $701,078 | $1,411,721 | -0.5% |
| Net Income | $115,277 | $-90,749 | -2.3% |
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 |
|---|---|---|---|---|---|---|
| Edward Green | General Mgr | 40.00 |
Officer
|
$98,000 | $0 | $98,000 |
| Erik Weierholt | Attorney/Board Membe | 40.00 |
Officer
|
$157,500 | $0 | $157,500 |
| Deanna Weierholt | Employee | 40.00 |
Highest
|
$265,500 | $0 | $265,500 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $816,355 | $701,078 | $685,138 | $115,277 |
| 2024 | $1,320,972 | $1,411,721 | $465,707 | $-90,749 |
| 2023 | $1,296,648 | $1,492,534 | $661,231 | $-195,886 |
| 2022 | $1,406,457 | $1,247,754 | $853,978 | $158,703 |
| 2021 | $1,420,404 | $1,113,553 | $695,713 | $306,851 |
| 2020 | $917,587 | $765,901 | $389,977 | $151,686 |
| 2019 | $596,187 | $567,940 | $235,353 | $28,247 |
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