Workforce Resource Inc
Wichita Falls, Texas
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Above Average
How This Organization Compares
Compared to 4 peers in Employment with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
15 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $13,123,165↓2% | $13,074,610↓3% | $3,759,517↓4% | |
| 2022 | $13,420,337↑32% | $13,416,504↑33% | $3,921,859↑330% | — |
| 2021 | $10,163,355↓4% | $10,050,002↓5% | $912,226↑14% | — |
| 2020 | $10,572,899↑31% | $10,570,934↑32% | $800,205↓4% | — |
| 2019 | $8,052,725↑6% | $8,022,492↑9% | $832,045↑11% | — |
| 2018 | $7,590,101↓1% | $7,391,576↓3% | $749,911↑20% | — |
| 2017 | $7,639,975↑11% | $7,583,697↑10% | $624,904↑27% | — |
| 2016 | $6,870,780↑1% | $6,872,318↑1% | $491,059↓21% | — |
| 2015 | $6,798,345↑8% | $6,798,346↑8% | $619,349↑33% | — |
| 2014 | $6,310,194↓5% | $6,310,687↓5% | $466,676↓5% | — |
| 2013 | $6,661,522↑2% | $6,659,628↑2% | $489,256↑1% | — |
| 2012 | $6,552,290↓22% | $6,551,065↓22% | $482,090↑5% | — |
| 2011 | $8,441,499↓5% | $8,441,832↓5% | $459,298↓42% | — |
| 2010 | $8,853,549↑1% | $8,853,249↑1% | $792,662↓47% | — |
| 2009 | $8,731,633 | $8,731,633 | $1,505,915 | — |
Frequently Asked Questions
What does Workforce Resource Inc do?▼
Workforce Resource Inc is a employment nonprofit organization based in Texas. It is classified under NTEE code J05 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Workforce Resource Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Workforce Resource Inc has a score of 57/100 (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 Resource Inc generate?▼
Workforce Resource Inc reports $14.0M in annual revenue and holds $3.6M in total assets, based on IRS filings.
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