JEmploymentEIN: 222595913· Ruling Year: 1985

Eastern Connecticut Workforce Investment Board Inc

Franklin, Connecticut

BHealth Score
58B

Financial Health Score

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

Above Average

How This Organization Compares

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

Working Capital Ratio (net assets ÷ expenses)

This Org0.06×
Peer Median4.74×
💰
$17.1M
Total Revenue
📊
$16.9M
Total Expenses
🏦
$1.0M
Net Assets
📋
$2.0M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+21.0%
Year-over-year change (2023 → 2024)
Net Margin
+1.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.06
Net assets divided by total expenses
Liabilities-to-Assets
65.6%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2024$17,114,76821%$16,903,50718%$2,996,99951%
2023$14,145,00028%$14,311,74127%$1,987,10411%
2022$11,033,3757%$11,259,56311%$2,220,8492%
2021$10,297,87216%$10,179,27316%$2,171,9683%
2020$8,904,3293%$8,761,9993%$2,107,82111%
2019$9,200,2595%$9,004,8815%$1,897,735
2018$9,679,8892%$9,468,9082%$1,903,36622%
2017$9,847,58517%$9,710,33816%$1,558,4511%
2016$8,396,0144%$8,340,5164%$1,549,01735%
2015$8,041,8431%$7,983,7951%$1,150,1283%
2014$7,942,5009%$7,887,9559%$1,183,75818%
2013$7,319,5205%$7,268,8065%$1,005,4043%
2012$7,694,95816%$7,654,07817%$972,35645%
2011$9,188,332$9,180,539$1,767,694

Frequently Asked Questions

What does Eastern Connecticut Workforce Investment Board Inc do?

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

Is Eastern Connecticut Workforce Investment Board Inc financially healthy?

Based on our 9-metric Financial Health Score model, Eastern Connecticut Workforce Investment Board Inc has a score of 58/100 (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 Eastern Connecticut Workforce Investment Board Inc generate?

Eastern Connecticut Workforce Investment Board Inc reports $16.4M in annual revenue and holds $3.5M in total assets, based on IRS filings.

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Eastern Connecticut Workforce Investment Board Inc — Franklin, CT | GiveScope