J โ€” EmploymentEIN: 391455735ยท Ruling Year: 1984

Workforce Resource Inc

Menomonie, Wisconsin

B+Health Score
73B+

Financial Health Score

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

Good

๐Ÿ’ฐ
$8.8M
Total Revenue
๐Ÿ“Š
$9.3M
Total Expenses
๐Ÿฆ
$3.9M
Net Assets
๐Ÿ“‹
$1.5M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+10.3%
Year-over-year change (2022 โ†’ 2023)
Net Margin
-6.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.42
Net assets divided by total expenses
Liabilities-to-Assets
28.4%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$8,769,609โ†‘10%$9,308,008โ†‘16%$5,444,411โ†‘9%
2022$7,950,676โ†‘8%$8,023,866โ†‘17%$5,013,026
2021$7,342,513โ†“16%$6,854,595โ†“12%$4,994,256โ†‘6%
2020$8,708,303โ†‘8%$7,784,323โ†‘5%$4,721,320โ†‘24%
2019$8,089,924โ†‘2%$7,427,344$3,809,102โ†‘19%
2018$7,896,879โ†“7%$7,449,091โ†“12%$3,191,201โ†‘17%
2017$8,509,898โ†‘3%$8,493,804โ†‘6%$2,720,195โ†“1%
2016$8,286,551โ†‘27%$7,983,462โ†‘22%$2,748,093โ†‘11%
2015$6,502,675โ†‘1%$6,517,983$2,465,518โ†“1%
2014$6,458,216โ†‘10%$6,517,546โ†‘11%$2,484,487โ†“5%
2013$5,893,693โ†‘4%$5,855,631โ†‘3%$2,627,726โ†‘12%
2012$5,685,990โ†“6%$5,684,424โ†“4%$2,355,824โ†“7%
2011$6,061,858$5,937,454$2,521,880

Frequently Asked Questions

What does Workforce Resource Inc do?โ–ผ

Workforce Resource Inc is a employment nonprofit organization based in Wisconsin. It is classified under NTEE code J220 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Workforce Resource Inc financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Workforce Resource Inc has a score of 73/100 (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 Resource Inc generate?โ–ผ

Workforce Resource Inc reports $9.0M in annual revenue and holds $4.1M in total assets, based on IRS filings.

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Workforce Resource Inc โ€” Menomonie, WI | GiveScope