J โ€” EmploymentEIN: 550775376ยท Ruling Year: 2001

South Western West Virginia Region 2 Work Force Investment Board

Huntington, West Virginia

BHealth Score
61B

Financial Health Score

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

Above Average

๐Ÿ’ฐ
$4.5M
Total Revenue
๐Ÿ“Š
$4.4M
Total Expenses
๐Ÿฆ
$363K
Net Assets
๐Ÿ“‹
$430K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-6.3%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+0.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.08
Net assets divided by total expenses
Liabilities-to-Assets
54.2%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$4,464,362โ†“6%$4,443,353โ†“6%$792,238โ†‘11%
2022$4,765,252โ†‘18%$4,738,187โ†‘19%$715,624โ†‘12%
2021$4,023,259โ†‘12%$3,972,402โ†‘12%$640,993โ†“2%
2020$3,585,708โ†‘1%$3,552,249$652,870โ†‘35%
2019$3,544,027โ†‘13%$3,536,979โ†‘12%$482,719โ†‘11%
2018$3,127,474โ†“4%$3,144,997โ†“2%$434,164โ†‘7%
2017$3,253,772โ†‘17%$3,224,855โ†‘16%$405,123โ†“11%
2016$2,772,128โ†‘19%$2,778,098โ†‘16%$456,183โ†“5%
2015$2,332,872โ†“4%$2,403,363โ†‘5%$482,132โ†“12%
2014$2,431,917โ†“9%$2,285,002โ†“14%$550,381โ†‘72%
2013$2,662,095โ†“17%$2,661,632โ†“16%$319,661โ†‘12%
2012$3,201,214โ†‘13%$3,165,798โ†‘13%$286,033โ†“20%
2011$2,821,330$2,813,030$358,934

Frequently Asked Questions

What does South Western West Virginia Region 2 Work Force Investment Board do?โ–ผ

South Western West Virginia Region 2 Work Force Investment Board is a employment nonprofit organization based in West Virginia. It is classified under NTEE code J20 and is registered as a 501(c) tax-exempt organization with the IRS.

Is South Western West Virginia Region 2 Work Force Investment Board financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, South Western West Virginia Region 2 Work Force Investment Board has a score of 61/100 (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 South Western West Virginia Region 2 Work Force Investment Board generate?โ–ผ

South Western West Virginia Region 2 Work Force Investment Board reports $2.8M in annual revenue and holds $661K in total assets, based on IRS filings.

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South Western West Virginia Region 2 Work Force Investment Board โ€” Huntington, WV | GiveScope