R — Civil Rights, Social Action & AdvocacyEIN: 861528485· Ruling Year: 2021

Skillsright Inc

Montclair, New Jersey

B+Health Score
72B+

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 2 peers in Civil Rights, Social Action & Advocacy with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org2.21×
Peer Median7.51×
💰
$42.7M
Total Revenue
📊
$47.7M
Total Expenses
🏦
$105.3M
Net Assets
📋
$7.2M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-18.7%
Year-over-year change (2022 → 2023)
Net Margin
-11.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.21
Net assets divided by total expenses
Liabilities-to-Assets
6.4%
Total liabilities as % of total assets

Filing History

4 filings on record
YearRevenueExpensesAssets
2023$42,731,620↓19%$47,693,764↑7%$112,468,243↓4%
2022$52,569,601↑134%$44,773,431↑34708%$117,003,423↑11%
2021$22,475,267$128,630$105,708,235↑10570823400%
2020$0$0$1

Frequently Asked Questions

What does Skillsright Inc do?▼

Skillsright Inc is a civil rights, social action & advocacy nonprofit organization based in New Jersey. It is classified under NTEE code R05 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Skillsright Inc financially healthy?▼

Based on our 9-metric Financial Health Score model, Skillsright Inc has a score of 72/100 (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 Skillsright Inc generate?▼

Skillsright Inc reports $20.1M in annual revenue and holds $77.0M in total assets, based on IRS filings.

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Skillsright Inc — Montclair, NJ | GiveScope