S โ€” Community Improvement & Capacity BuildingEIN: 460684743ยท Ruling Year: 2014

Spokane Area Workforce Development Council

Spokane, Washington

B-Health Score
49B-

Financial Health Score

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

Average

๐Ÿ’ฐ
$8.8M
Total Revenue
๐Ÿ“Š
$8.5M
Total Expenses
๐Ÿฆ
$781K
Net Assets
๐Ÿ“‹
$2.6M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+4.7%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+3.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.09
Net assets divided by total expenses
Liabilities-to-Assets
76.7%
Total liabilities as % of total assets

Filing History

10 filings on record
YearRevenueExpensesAssets
2023$8,820,551โ†‘5%$8,501,756โ†‘2%$3,345,618โ†“18%
2022$8,426,134โ†“16%$8,296,153โ†“16%$4,060,921โ†‘134%
2021$9,993,306โ†‘52%$9,882,323โ†‘59%$1,735,015โ†‘15%
2020$6,582,565โ†‘11%$6,205,158โ†‘2%$1,511,834โ†‘10%
2019$5,937,468โ†‘13%$6,066,573โ†‘16%$1,375,667โ†‘12%
2018$5,241,609โ†‘10%$5,251,358โ†‘14%$1,228,196โ†‘17%
2017$4,755,394โ†‘7%$4,623,532โ†‘7%$1,047,113โ†‘28%
2016$4,432,994โ†‘5%$4,332,678โ†“3%$816,083โ†‘17%
2015$4,220,805โ†‘3%$4,479,948โ†‘9%$694,685โ†‘21%
2014$4,097,869$4,095,738$575,493

Frequently Asked Questions

What does Spokane Area Workforce Development Council do?โ–ผ

Spokane Area Workforce Development Council is a community improvement & capacity building nonprofit organization based in Washington. It is classified under NTEE code S30 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Spokane Area Workforce Development Council financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Spokane Area Workforce Development Council has a score of 49/100 (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 Spokane Area Workforce Development Council generate?โ–ผ

Spokane Area Workforce Development Council reports $8.8M in annual revenue and holds $3.9M in total assets, based on IRS filings.

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Spokane Area Workforce Development Council โ€” Spokane, WA | GiveScope