J — EmploymentEIN: 141892402· Ruling Year: 2004

Workforce Inc

Indianapolis, Indiana

A-Health Score
82A-

Financial Health Score

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

Very Good

How This Organization Compares

Compared to 4 peers in Employment with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.26×
Peer Median4.74×
💰
$14.2M
Total Revenue
📊
$8.5M
Total Expenses
🏦
$10.7M
Net Assets
📋
$8.6M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+37.6%
Year-over-year change (2022 → 2023)
Net Margin
+39.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.26
Net assets divided by total expenses
Liabilities-to-Assets
44.5%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$14,159,486↑38%$8,523,659↑25%$19,342,777↑42%
2022$10,288,561↑92%$6,793,299↑77%$13,620,782↑305%
2021$5,357,050↑88%$3,842,963↑43%$3,363,985↑92%
2020$2,849,431↑32%$2,692,906↑31%$1,754,138↑21%
2019$2,156,932↑11%$2,061,143↓23%$1,445,894↑56%
2018$1,942,372↓49%$2,689,969↓30%$926,313↓44%
2017$3,813,655↓5%$3,826,657↑7%$1,642,504↓12%
2016$4,003,681↑20%$3,584,335↓2%$1,858,954↓9%
2015$3,328,111↓40%$3,641,046↓33%$2,053,689↑23%
2014$5,514,477↓8%$5,446,776↓4%$1,673,671↑2%
2013$6,009,677↑71%$5,652,971↑70%$1,648,743↑49%
2012$3,521,672↑104%$3,326,770↑106%$1,107,531↓3%
2011$1,724,963$1,612,415$1,144,596

Frequently Asked Questions

What does Workforce Inc do?▼

Workforce Inc is a employment nonprofit organization based in Indiana. It is classified under NTEE code J20 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Workforce Inc financially healthy?▼

Based on our 9-metric Financial Health Score model, Workforce Inc has a score of 82/100 (Grade: A-). 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 Workforce Inc generate?▼

Workforce Inc reports $10.7M in annual revenue and holds $21.8M in total assets, based on IRS filings.

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Workforce Inc — Indianapolis, IN | GiveScope