West Kentucky Workforce Development Board
Hopkinsville, Kentucky
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Poor
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
6 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $3,952,169↓7% | $3,952,169↓7% | $609,379↑61% | |
| 2022 | $4,231,233↓2% | $4,231,233↓2% | $378,354↓31% | — |
| 2021 | $4,336,968↑3% | $4,336,968↑3% | $545,240↑20% | — |
| 2020 | $4,206,240↑11% | $4,206,240↑11% | $454,621↓7% | — |
| 2019 | $3,779,555↓15% | $3,779,555↓15% | $487,145↑20% | — |
| 2018 | $4,435,426 | $4,435,426 | $404,945 | — |
Frequently Asked Questions
What does West Kentucky Workforce Development Board do?▼
West Kentucky Workforce Development Board is a employment nonprofit organization based in Kentucky. It is classified under NTEE code J20 and is registered as a 501(c) tax-exempt organization with the IRS.
Is West Kentucky Workforce Development Board financially healthy?▼
Based on our 9-metric Financial Health Score model, West Kentucky Workforce Development Board has a score of 26/100 (Grade: D). 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 West Kentucky Workforce Development Board generate?▼
West Kentucky Workforce Development Board reports $2.9M in annual revenue and holds $365K in total assets, based on IRS filings.
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