J โ€” EmploymentEIN: 222369937ยท Ruling Year: 1982

Bestwork Industries For The Blind Inc

Cherry Hill, New Jersey

A-Health Score
75A-

Financial Health Score

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

Very Good

๐Ÿ’ฐ
$6.5M
Total Revenue
๐Ÿ“Š
$7.3M
Total Expenses
๐Ÿฆ
$9.1M
Net Assets
๐Ÿ“‹
$3.9M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+42.8%
Year-over-year change (2022 โ†’ 2023)
Net Margin
-11.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.24
Net assets divided by total expenses
Liabilities-to-Assets
30.0%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$6,547,556โ†‘43%$7,327,213โ†‘27%$12,938,124โ†‘2%
2022$4,585,102โ†“13%$5,759,852โ†‘20%$12,711,724โ†“11%
2021$5,287,061โ†‘59%$4,788,099โ†‘38%$14,289,715โ†“4%
2020$3,329,952โ†“58%$3,479,559โ†“23%$14,931,348โ†‘5%
2019$7,932,743โ†‘61%$4,499,968โ†‘54%$14,159,362โ†‘27%
2018$4,940,659โ†‘50%$2,921,558โ†‘3%$11,172,548โ†‘22%
2017$3,286,608โ†‘5%$2,840,093โ†‘15%$9,165,366โ†‘7%
2016$3,122,419โ†‘46%$2,465,634โ†‘22%$8,604,755โ†“1%
2015$2,135,011โ†“9%$2,016,220โ†“20%$8,686,090โ†‘4%
2014$2,338,248โ†“17%$2,509,068โ†“9%$8,322,172โ†‘4%
2013$2,807,670โ†“18%$2,746,995โ†“10%$8,021,077โ†‘52%
2012$3,411,278โ†“1%$3,054,579โ†‘3%$5,269,068โ†‘3%
2011$3,442,471$2,966,882$5,103,779

Frequently Asked Questions

What does Bestwork Industries For The Blind Inc do?โ–ผ

Bestwork Industries For The Blind Inc is a employment nonprofit organization based in New Jersey. It is classified under NTEE code J30Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Bestwork Industries For The Blind Inc financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Bestwork Industries For The Blind Inc has a score of 75/100 (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 Bestwork Industries For The Blind Inc generate?โ–ผ

Bestwork Industries For The Blind Inc reports $7.8M in annual revenue and holds $13.8M in total assets, based on IRS filings.

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Bestwork Industries For The Blind Inc โ€” Cherry Hill, NJ | GiveScope