JEmploymentEIN: 341578831· Ruling Year: 1988

Towards Employment Incorporated

Cleveland, Ohio

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

💰
$6.3M
Total Revenue
📊
$6.3M
Total Expenses
🏦
$5.3M
Net Assets
📋
$1.5M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-7.6%
Year-over-year change (2022 → 2023)
Net Margin
-0.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.84
Net assets divided by total expenses
Liabilities-to-Assets
21.7%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$6,290,5668%$6,300,9995%$6,803,0983%
2022$6,811,4647%$5,986,56712%$7,022,38748%
2021$7,300,28126%$5,335,3079%$4,759,37433%
2020$5,778,02110%$4,875,0875%$3,580,11950%
2019$5,231,4391%$5,150,0253%$2,379,1091%
2018$5,179,0833%$5,021,96510%$2,402,6582%
2017$5,355,2885%$5,601,017$2,366,71030%
2016$5,664,19813%$5,588,66835%$3,359,9731%
2015$4,994,67057%$4,130,32135%$3,320,29370%
2014$3,191,0027%$3,066,01016%$1,954,95710%
2013$3,421,4822%$3,630,6691%$1,778,49013%
2012$3,365,86910%$3,612,30919%$2,035,4642%
2011$3,068,877$3,024,304$2,080,360

Frequently Asked Questions

What does Towards Employment Incorporated do?

Towards Employment Incorporated is a employment nonprofit organization based in Ohio. It is classified under NTEE code J200 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Towards Employment Incorporated financially healthy?

Based on our 9-metric Financial Health Score model, Towards Employment Incorporated 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 Towards Employment Incorporated generate?

Towards Employment Incorporated reports $9.4M in annual revenue and holds $8.9M in total assets, based on IRS filings.

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