TPhilanthropy, Voluntarism & GrantmakingEIN: 300129320· Ruling Year: 2002

Skillsource Group Inc

Mc Lean, Virginia

B-Health Score
50B-

Financial Health Score

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

Average

How This Organization Compares

Compared to 30 peers in Philanthropy, Voluntarism & Grantmaking with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.08×
Peer Median15.61×
💰
$7.6M
Total Revenue
📊
$7.7M
Total Expenses
🏦
$587K
Net Assets
📋
$2.8M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+9.3%
Year-over-year change (2022 → 2023)
Net Margin
-2.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.08
Net assets divided by total expenses
Liabilities-to-Assets
82.8%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$7,550,4969%$7,722,55614%$3,403,65789%
2022$6,906,9025%$6,802,915$1,796,85711%
2021$6,571,00814%$6,828,34419%$1,617,01712%
2020$5,770,3161%$5,730,5651%$1,843,21814%
2019$5,713,3483%$5,664,5945%$1,613,26717%
2018$5,867,03213%$5,992,2698%$1,942,8947%
2017$6,722,2799%$6,545,55411%$2,084,57910%
2016$7,405,4152%$7,383,0113%$2,304,92710%
2015$7,544,3136%$7,613,9386%$2,104,2655%
2014$8,001,84745%$8,067,83445%$2,222,2149%
2013$5,532,13519%$5,555,28529%$2,042,8802%
2012$4,659,059$4,312,233$2,089,489

Frequently Asked Questions

What does Skillsource Group Inc do?

Skillsource Group Inc is a philanthropy, voluntarism & grantmaking nonprofit organization based in Virginia. It is classified under NTEE code T30 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Skillsource Group Inc financially healthy?

Based on our 9-metric Financial Health Score model, Skillsource Group Inc has a score of 50/100 (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 Skillsource Group Inc generate?

Skillsource Group Inc reports $9.6M in annual revenue and holds $3.7M in total assets, based on IRS filings.

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