J โ€” EmploymentEIN: 141892402ยท 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

๐Ÿ’ฐ
$14.2M
Total Revenue
๐Ÿ“Š
$8.5M
Total Expenses
๐Ÿฆ
$10.7M
Net Assets
๐Ÿ“‹
$8.6M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+37.6%
Year-over-year change (2022 โ†’ 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$14,159,486โ†‘38%$8,523,659โ†‘25%$19,342,777โ†‘42%
2022$10,288,561โ†‘92%$6,793,299โ†‘77%$13,620,782โ†‘305%
2021$5,357,050โ†‘88%$3,842,963โ†‘43%$3,363,985โ†‘92%
2020$2,849,431โ†‘32%$2,692,906โ†‘31%$1,754,138โ†‘21%
2019$2,156,932โ†‘11%$2,061,143โ†“23%$1,445,894โ†‘56%
2018$1,942,372โ†“49%$2,689,969โ†“30%$926,313โ†“44%
2017$3,813,655โ†“5%$3,826,657โ†‘7%$1,642,504โ†“12%
2016$4,003,681โ†‘20%$3,584,335โ†“2%$1,858,954โ†“9%
2015$3,328,111โ†“40%$3,641,046โ†“33%$2,053,689โ†‘23%
2014$5,514,477โ†“8%$5,446,776โ†“4%$1,673,671โ†‘2%
2013$6,009,677โ†‘71%$5,652,971โ†‘70%$1,648,743โ†‘49%
2012$3,521,672โ†‘104%$3,326,770โ†‘106%$1,107,531โ†“3%
2011$1,724,963$1,612,415$1,144,596

Frequently Asked Questions

What does Workforce Inc do?โ–ผ

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?โ–ผ

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?โ–ผ

Workforce Inc reports $8.8M in annual revenue and holds $19.9M in total assets, based on IRS filings.

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Workforce Inc โ€” Indianapolis, IN | GiveScope