Futureworks Inc
Springfield, Massachusetts
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $3,082,363↑35% | $3,015,621↑34% | $2,530,054↑112% | |
| 2022 | $2,287,976↑8% | $2,256,999↑4% | $1,190,763↑6% | — |
| 2021 | $2,115,361↓2% | $2,161,199↑2% | $1,123,687↓1% | — |
| 2020 | $2,149,689↑7% | $2,114,255↑4% | $1,138,461↑5% | — |
| 2019 | $2,018,164↑5% | $2,029,005↑8% | $1,081,446↑2% | — |
| 2018 | $1,913,453↓3% | $1,874,169↓3% | $1,063,109↑4% | — |
| 2017 | $1,965,083↓6% | $1,930,765↓7% | $1,025,120↓1% | — |
| 2016 | $2,082,320 | $2,067,154↑2% | $1,035,815↑7% | — |
| 2015 | $2,077,380 | $2,022,510↓2% | $971,460↑1% | — |
| 2014 | $2,070,171↓12% | $2,065,793↓13% | $964,357↓5% | — |
| 2013 | $2,359,812↓21% | $2,365,974↓20% | $1,012,576 | — |
| 2012 | $2,974,016↑25% | $2,970,096↑27% | $1,016,605↑5% | — |
| 2011 | $2,385,237 | $2,345,240 | $968,956 | — |
Frequently Asked Questions
What does Futureworks Inc do?▼
Futureworks Inc is a employment nonprofit organization based in Massachusetts. It is classified under NTEE code J20 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Futureworks Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Futureworks Inc has a score of 65/100 (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 Futureworks Inc generate?▼
Futureworks Inc reports $3.0M in annual revenue and holds $2.1M in total assets, based on IRS filings.
Similar Organizations
Explore more organizations in the Employment category, or browse all nonprofits in Massachusetts.