PHuman ServicesEIN: 010272879· Ruling Year: 1982

Skills Inc

Saint Albans, Maine

B+Health Score
71B+

Financial Health Score

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

Good

💰
$9.7M
Total Revenue
📊
$8.3M
Total Expenses
🏦
$5.4M
Net Assets
📋
$2.2M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+8.5%
Year-over-year change (2022 → 2023)
Net Margin
+14.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.65
Net assets divided by total expenses
Liabilities-to-Assets
28.9%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$9,749,0039%$8,330,0978%$7,571,71430%
2022$8,981,61212%$9,019,4926%$5,823,1636%
2021$10,255,54812%$8,516,4956%$6,219,13210%
2020$9,150,6445%$9,078,2252%$5,661,20231%
2019$9,615,7733%$9,243,1871%$4,337,65013%
2018$9,338,2843%$9,173,3382%$3,830,2175%
2017$9,077,94429%$9,313,91330%$4,018,3475%
2016$12,820,8617%$13,365,7739%$4,211,96236%
2015$13,777,55115%$14,716,89611%$6,566,94730%
2014$16,277,2624%$16,471,9676%$9,345,3211%
2013$17,010,6417%$17,501,7852%$9,458,625
2012$18,213,1435%$17,864,1956%$9,491,4846%
2011$17,351,203$16,871,895$8,971,174

Frequently Asked Questions

What does Skills Inc do?

Skills Inc is a human services nonprofit organization based in Maine. It is classified under NTEE code P820 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Skills Inc financially healthy?

Based on our 9-metric Financial Health Score model, Skills Inc has a score of 71/100 (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 Skills Inc generate?

Skills Inc reports $9.1M in annual revenue and holds $7.4M in total assets, based on IRS filings.

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