Newark Workforce Investment Board Inc
Newark, New Jersey
B+Health Score
72B+
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Good
💰
$1.6M
Total Revenue
📊
$1.4M
Total Expenses
🏦
$881K
Net Assets
📋
$58K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+29.3%
Year-over-year change (2022 → 2023)
Net Margin
+11.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.62
Net assets divided by total expenses
Liabilities-to-Assets
6.2%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $1,605,734↑29% | $1,423,755↑55% | $938,854↓21% | — |
| 2022 | $1,242,041↑35% | $916,192↑63% | $1,193,412↑51% | — |
| 2021 | $917,687↑76% | $560,866↑28% | $788,360↑91% | — |
| 2020 | $521,521↓2% | $438,861↓22% | $413,042↑24% | — |
| 2019 | $533,554↓10% | $559,782↑3% | $334,341↓11% | — |
| 2018 | $594,729↓43% | $543,728↓32% | $376,240↑25% | — |
| 2017 | $1,035,603↓28% | $799,219↓51% | $300,711↓56% | — |
| 2016 | $1,429,987↓27% | $1,643,327↓28% | $685,152↓15% | — |
| 2015 | $1,962,350 | $2,279,168↓18% | $808,411↓34% | — |
| 2014 | $1,969,515↑18% | $2,772,953↑133% | $1,233,420↓22% | — |
| 2013 | $1,675,408↑174% | $1,190,326↑101% | $1,582,800↑311% | — |
| 2012 | $612,009↑332% | $592,461↑333% | $385,260↑33% | — |
| 2011 | $141,676 | $136,866 | $289,341 | — |
Frequently Asked Questions
What does Newark Workforce Investment Board Inc do?▼
Newark Workforce Investment Board Inc is a youth development nonprofit organization based in New Jersey. It is classified under NTEE code O02 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Newark Workforce Investment Board Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Newark Workforce Investment Board Inc.
How much revenue does Newark Workforce Investment Board Inc generate?▼
Newark Workforce Investment Board Inc reports $1.8M in annual revenue and holds $1.3M in total assets, based on IRS filings.
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