Southwest Virginia Workforce Development Board
Lebanon, Virginia
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Below Average
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $2,743,558↑6% | $2,794,382↑7% | $283,441↓24% | — |
| 2022 | $2,599,441↓20% | $2,620,441↓19% | $371,048↑97% | — |
| 2021 | $3,241,975↑25% | $3,232,471↑24% | $188,067↑84% | — |
| 2020 | $2,585,727↑6% | $2,604,344↑10% | $102,265↓34% | — |
| 2019 | $2,441,327↓4% | $2,373,662↓12% | $154,779↓53% | — |
| 2018 | $2,533,915↓4% | $2,687,148↑2% | $327,917↑10% | — |
| 2017 | $2,628,844↑24% | $2,633,609↑23% | $298,636↑2% | — |
| 2016 | $2,124,105↑7% | $2,137,792↑12% | $293,014↓14% | — |
| 2015 | $1,981,002↑11% | $1,907,730↑7% | $339,054↓39% | — |
| 2014 | $1,777,313↓19% | $1,777,313↓12% | $556,308↑26% | — |
| 2013 | $2,205,092↑4% | $2,027,256↓5% | $442,957↑49% | — |
| 2011 | $2,118,536↑13% | $2,126,492↑13% | $296,870↓59% | — |
| 2010 | $1,883,130 | $1,890,060 | $728,190 | — |
Frequently Asked Questions
What does Southwest Virginia Workforce Development Board do?▼
Southwest Virginia Workforce Development Board is a employment nonprofit organization based in Virginia. It is classified under NTEE code J20 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Southwest Virginia Workforce Development Board financially healthy?▼
Based on our 9-metric Financial Health Score model, Southwest Virginia Workforce Development Board has a score of 44/100 (Grade: C). 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 Southwest Virginia Workforce Development Board generate?▼
Southwest Virginia Workforce Development Board reports $2.4M in annual revenue and holds $568K in total assets, based on IRS filings.
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