P โ€” Human ServicesEIN: 651163605ยท Ruling Year: 2006

Greater Roanoke Workforce Development Board

Roanoke, Virginia

BHealth Score
56B

Financial Health Score

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

Above Average

๐Ÿ’ฐ
$2.7M
Total Revenue
๐Ÿ“Š
$2.7M
Total Expenses
๐Ÿฆ
$230K
Net Assets
๐Ÿ“‹
$1.9M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+12.8%
Year-over-year change (2023 โ†’ 2024)
Net Margin
+0.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.09
Net assets divided by total expenses
Liabilities-to-Assets
89.0%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2024$2,663,895โ†‘13%$2,653,716โ†‘13%$2,096,656โ†“45%
2023$2,362,527โ†‘49%$2,352,421โ†‘46%$3,819,951โ†‘14%
2022$1,585,075โ†“9%$1,616,628โ†“8%$3,359,135โ†‘620%
2021$1,750,900โ†‘39%$1,752,542โ†‘56%$466,441โ†‘4%
2020$1,263,469โ†“11%$1,120,068โ†“20%$450,350โ†‘34%
2019$1,427,233โ†“30%$1,398,781โ†“30%$336,263โ†“31%
2018$2,047,564โ†‘7%$2,005,394โ†‘4%$486,272โ†“22%
2017$1,918,518โ†‘31%$1,921,588โ†‘31%$621,193โ†‘83%
2016$1,465,487โ†‘5%$1,467,152โ†‘5%$339,226โ†‘49%
2015$1,389,518โ†“16%$1,390,780โ†“16%$227,632โ†“30%
2014$1,650,441โ†‘107%$1,650,513โ†‘99%$327,333โ†“5%
2013$796,134โ†‘261%$827,915โ†‘272%$343,584โ†‘352%
2012$220,446โ†“51%$222,666โ†“46%$76,077โ†“52%
2011$452,253$410,657$157,539

Frequently Asked Questions

What does Greater Roanoke Workforce Development Board do?โ–ผ

Greater Roanoke Workforce Development Board is a human services nonprofit organization based in Virginia. It is classified under NTEE code P99 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Greater Roanoke Workforce Development Board financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Greater Roanoke Workforce Development Board has a score of 56/100 (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 Greater Roanoke Workforce Development Board generate?โ–ผ

Greater Roanoke Workforce Development Board reports $2.5M in annual revenue and holds $808K in total assets, based on IRS filings.

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Greater Roanoke Workforce Development Board โ€” Roanoke, VA | GiveScope