JEmploymentEIN: 621498440· Ruling Year: 1992

Workforce Essentials Inc

Clarksville, Tennessee

B+Health Score
73B+

Financial Health Score

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

Good

💰
$10.6M
Total Revenue
📊
$10.5M
Total Expenses
🏦
$29.7M
Net Assets
📋
$565K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+16.4%
Year-over-year change (2022 → 2023)
Net Margin
+0.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.83
Net assets divided by total expenses
Liabilities-to-Assets
1.9%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$10,596,45616%$10,495,7967%$30,285,563
2022$9,106,36033%$9,842,26627%$30,139,0272%
2021$13,635,0915%$13,449,0047%$30,791,0531%
2020$12,941,93015%$12,537,97119%$30,492,336
2019$15,137,18510%$15,406,02910%$30,583,1581%
2018$13,726,7331%$13,971,4416%$30,798,1712%
2017$13,619,48623%$13,209,15824%$31,345,7563%
2016$11,054,1475%$10,668,6806%$30,355,1751%
2015$11,657,56218%$10,022,17817%$30,085,3084%
2014$9,855,51442%$8,582,28631%$29,045,8837%
2013$17,018,91212%$12,505,29117%$27,240,18918%
2012$19,240,515$15,091,880$23,032,119

Frequently Asked Questions

What does Workforce Essentials Inc do?

Workforce Essentials Inc is a employment nonprofit organization based in Tennessee. It is classified under NTEE code J200 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Workforce Essentials Inc financially healthy?

Based on our 9-metric Financial Health Score model, Workforce Essentials Inc has a score of 73/100 (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 Workforce Essentials Inc generate?

Workforce Essentials Inc reports $9.3M in annual revenue and holds $30.1M in total assets, based on IRS filings.

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