BEducationEIN: 842735102· Ruling Year: 2020

Berks Latino Workforce Development Corporation

Reading, Pennsylvania

B+Health Score
69B+

Financial Health Score

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

Good

How This Organization Compares

Compared to 4 peers in Education with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.46×
Peer Median20.77×
💰
$1.3M
Total Revenue
📊
$831K
Total Expenses
🏦
$1.2M
Net Assets
📋
$2.5M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+29.1%
Year-over-year change (2022 → 2023)
Net Margin
+34.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.46
Net assets divided by total expenses
Liabilities-to-Assets
67.6%
Total liabilities as % of total assets

Filing History

5 filings on record
YearRevenueExpensesAssets
2023$1,273,04429%$831,39898%$3,742,706180%
2022$985,994119%$418,88439%$1,334,57498%
2021$451,178685%$300,975120%$673,902619%
2020$57,51062%$136,94913300%$93,74137%
2019$150,000$1,022$148,978

Frequently Asked Questions

What does Berks Latino Workforce Development Corporation do?

Berks Latino Workforce Development Corporation is a education nonprofit organization based in Pennsylvania. It is classified under NTEE code B99 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Berks Latino Workforce Development Corporation financially healthy?

Based on our 9-metric Financial Health Score model, Berks Latino Workforce Development Corporation has a score of 69/100 (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 Berks Latino Workforce Development Corporation generate?

Berks Latino Workforce Development Corporation reports $2.8M in annual revenue and holds $4.1M in total assets, based on IRS filings.

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