JEmploymentEIN: 161140488· Ruling Year: 1981

Workforce Development Board Of Herkimer Madison And Oneida Counti

Utica, New York

B+Health Score
68B+

Financial Health Score

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

Good

💰
$4.5M
Total Revenue
📊
$4.6M
Total Expenses
🏦
$1.4M
Net Assets
📋
$931K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-11.4%
Year-over-year change (2022 → 2023)
Net Margin
-1.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.31
Net assets divided by total expenses
Liabilities-to-Assets
40.0%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$4,516,70011%$4,575,8846%$2,329,1779%
2022$5,095,29064%$4,844,57172%$2,133,96015%
2021$3,111,0617%$2,814,43720%$1,860,80335%
2020$3,353,76235%$3,526,28930%$1,382,84615%
2019$5,133,4421%$5,036,2591%$1,630,3231%
2018$5,097,44018%$5,007,46220%$1,606,85314%
2017$4,310,28036%$4,177,32234%$1,406,06029%
2016$3,176,60916%$3,118,55612%$1,093,60911%
2015$2,739,10912%$2,781,4739%$983,58016%
2014$3,103,65413%$3,060,30714%$1,166,63711%
2013$3,570,92911%$3,539,1496%$1,047,9656%
2012$4,024,48011%$3,767,11312%$1,111,94540%
2011$3,628,170$3,377,370$793,345

Frequently Asked Questions

What does Workforce Development Board Of Herkimer Madison And Oneida Counti do?

Workforce Development Board Of Herkimer Madison And Oneida Counti is a employment nonprofit organization based in New York. It is classified under NTEE code J20Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Workforce Development Board Of Herkimer Madison And Oneida Counti financially healthy?

Based on our 9-metric Financial Health Score model, Workforce Development Board Of Herkimer Madison And Oneida Counti has a score of 68/100 (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 Workforce Development Board Of Herkimer Madison And Oneida Counti generate?

Workforce Development Board Of Herkimer Madison And Oneida Counti reports $5.7M in annual revenue and holds $3.7M in total assets, based on IRS filings.

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