J — EmploymentEIN: 911247291· Ruling Year: 1985

Skillsource Inc

Wenatchee, Washington

A-Health Score
80A-

Financial Health Score

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

Very Good

💰
$6.6M
Total Revenue
📊
$6.1M
Total Expenses
🏦
$3.2M
Net Assets
📋
$2.6M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+4.0%
Year-over-year change (2023 → 2024)
Net Margin
+7.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.52
Net assets divided by total expenses
Liabilities-to-Assets
45.4%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2024$6,565,975↑4%$6,087,309↑2%$5,829,393↑9%
2023$6,313,178↑18%$5,946,846↑12%$5,334,081↑6%
2022$5,341,150↑1%$5,322,155↑2%$5,048,047↓2%
2021$5,270,630↑4%$5,221,370↑3%$5,141,172↑2%
2020$5,059,616↓5%$5,052,410$5,050,316↓5%
2019$5,301,590↑22%$5,055,038↑20%$5,342,726↑5%
2018$4,342,158↑4%$4,197,042↑5%$5,068,956↑2%
2017$4,176,980↑1%$3,998,626$4,957,255↑2%
2016$4,138,715↑14%$3,980,838↑11%$4,877,672↑4%
2015$3,642,892↑7%$3,588,845↑6%$4,700,907
2014$3,406,466↓5%$3,400,816↓5%$4,678,395↓3%
2013$3,579,742↓4%$3,587,423↓4%$4,820,975↓2%
2012$3,717,521↓16%$3,727,863↓16%$4,913,920↓5%
2011$4,445,733$4,451,932$5,187,895

Frequently Asked Questions

What does Skillsource Inc do?▼

Skillsource Inc is a employment nonprofit organization based in Washington. It is classified under NTEE code J220 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Skillsource Inc financially healthy?▼

Based on our 9-metric Financial Health Score model, Skillsource Inc has a score of 80/100 (Grade: A-). 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 Skillsource Inc generate?▼

Skillsource Inc reports $9.1M in annual revenue and holds $7.0M in total assets, based on IRS filings.

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