Wit Network Inc
Ocean, New Jersey
B-Health Score
50B-
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Average
💰
$660K
Total Revenue
📊
$770K
Total Expenses
🏦
$212K
Net Assets
📋
$4K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+12.4%
Year-over-year change (2022 → 2023)
Net Margin
-16.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.27
Net assets divided by total expenses
Liabilities-to-Assets
2.1%
Total liabilities as % of total assets
Filing History
6 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $660,375↑12% | $770,308↑41% | $216,236↓33% | |
| 2022 | $587,416↑5% | $544,709↑17% | $321,735↑15% | — |
| 2021 | $558,868↑6% | $464,951↑9% | $279,028↑51% | — |
| 2020 | $524,908↑131% | $426,459↑108% | $185,111↑114% | — |
| 2019 | $227,651↑250% | $205,427↑34896% | $86,662↑34% | — |
| 2018 | $65,025 | $587 | $64,438 | — |
Frequently Asked Questions
What does Wit Network Inc do?▼
Wit Network Inc is a human services nonprofit organization based in New Jersey. It is classified under NTEE code P99 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Wit Network Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Wit Network Inc.
How much revenue does Wit Network Inc generate?▼
Wit Network Inc reports $574K in annual revenue and holds $102K in total assets, based on IRS filings.
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