JEmploymentEIN: 042868843· Ruling Year: 1986

Masshire North Central Workforce Board Inc

Leominster, Massachusetts

BHealth Score
55B

Financial Health Score

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

Above Average

💰
$3.9M
Total Revenue
📊
$3.8M
Total Expenses
🏦
$211K
Net Assets
📋
$2.7M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+13.6%
Year-over-year change (2022 → 2023)
Net Margin
+0.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.05
Net assets divided by total expenses
Liabilities-to-Assets
92.7%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$3,863,28414%$3,844,12914%$2,879,10981%
2022$3,399,31217%$3,369,07318%$1,587,23239%
2021$2,913,64911%$2,863,9509%$1,142,67941%
2020$2,634,1289%$2,634,1289%$811,46534%
2019$2,884,13275%$2,884,13275%$1,221,11920%
2018$1,649,500250%$1,649,500250%$1,021,482560%
2017$471,2831%$471,1061%$154,72243%
2016$478,21025%$478,14425%$273,63933%
2015$382,49145%$381,90245%$409,6417%
2014$692,75881%$692,15181%$384,04851%
2013$383,71522%$383,36722%$781,225225%
2012$494,188$493,942$240,171

Frequently Asked Questions

What does Masshire North Central Workforce Board Inc do?

Masshire North Central Workforce Board Inc is a employment nonprofit organization based in Massachusetts. It is classified under NTEE code J200 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Masshire North Central Workforce Board Inc financially healthy?

Based on our 9-metric Financial Health Score model, Masshire North Central Workforce Board Inc has a score of 55/100 (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 Masshire North Central Workforce Board Inc generate?

Masshire North Central Workforce Board Inc reports $3.6M in annual revenue and holds $2.7M in total assets, based on IRS filings.

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