Greater New Bedford Workforce Investment Board Inc
New Bedford, Massachusetts
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
12 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $5,548,783↑23% | $5,616,875↑26% | $1,396,242↑25% | — |
| 2022 | $4,498,189↑16% | $4,446,625↑22% | $1,114,287↓7% | — |
| 2021 | $3,887,016↑20% | $3,635,404↑13% | $1,194,439↑36% | — |
| 2020 | $3,242,120↑1% | $3,216,964↑1% | $878,151↓15% | — |
| 2019 | $3,223,933↑2% | $3,188,738 | $1,030,367↑93% | — |
| 2018 | $3,175,613↓13% | $3,189,887↓13% | $534,833↑9% | — |
| 2017 | $3,643,020↑5% | $3,660,887↑5% | $490,816↓13% | — |
| 2016 | $3,455,037↓20% | $3,473,027↓21% | $561,863↓12% | — |
| 2015 | $4,328,666↑19% | $4,402,473↑20% | $640,833↑1% | — |
| 2014 | $3,640,166↑1% | $3,681,747↓1% | $635,075↓12% | — |
| 2013 | $3,599,472↓13% | $3,700,902↓12% | $718,495↓8% | — |
| 2012 | $4,135,575 | $4,187,271 | $783,553 | — |
Frequently Asked Questions
What does Greater New Bedford Workforce Investment Board Inc do?▼
Greater New Bedford Workforce Investment Board Inc is a community improvement & capacity building nonprofit organization based in Massachusetts. It is classified under NTEE code S30 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Greater New Bedford Workforce Investment Board Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Greater New Bedford Workforce Investment Board Inc has a score of 65/100 (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 Greater New Bedford Workforce Investment Board Inc generate?▼
Greater New Bedford Workforce Investment Board Inc reports $5.7M in annual revenue and holds $1.9M in total assets, based on IRS filings.
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