JEmploymentEIN: 550775376· Ruling Year: 2001

Southwestern West Virginia Region 2 Workforce Development Board Incorp

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

💰
$4.5M
Total Revenue
📊
$4.4M
Total Expenses
🏦
$363K
Net Assets
📋
$430K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-6.3%
Year-over-year change (2022 → 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$4,464,3626%$4,443,3536%$792,23811%
2022$4,765,25218%$4,738,18719%$715,62412%
2021$4,023,25912%$3,972,40212%$640,9932%
2020$3,585,7081%$3,552,249$652,87035%
2019$3,544,02713%$3,536,97912%$482,71911%
2018$3,127,4744%$3,144,9972%$434,1647%
2017$3,253,77217%$3,224,85516%$405,12311%
2016$2,772,12819%$2,778,09816%$456,1835%
2015$2,332,8724%$2,403,3635%$482,13212%
2014$2,431,9179%$2,285,00214%$550,38172%
2013$2,662,09517%$2,661,63216%$319,66112%
2012$3,201,21413%$3,165,79813%$286,03320%
2011$2,821,330$2,813,030$358,934

Frequently Asked Questions

What does Southwestern West Virginia Region 2 Workforce Development Board Incorp do?

Southwestern West Virginia Region 2 Workforce Development Board Incorp 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 Southwestern West Virginia Region 2 Workforce Development Board Incorp financially healthy?

Based on our 9-metric Financial Health Score model, Southwestern West Virginia Region 2 Workforce Development Board Incorp 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 Southwestern West Virginia Region 2 Workforce Development Board Incorp generate?

Southwestern West Virginia Region 2 Workforce Development Board Incorp reports $2.2M in annual revenue and holds $604K in total assets, based on IRS filings.

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