J — EmploymentEIN: 341578831· Ruling Year: 1988

Towards Employment Incorporated

Cleveland, Ohio

B+Health Score
68B+

Financial Health Score

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

Good

💰
$6.3M
Total Revenue
📊
$6.3M
Total Expenses
🏦
$5.3M
Net Assets
📋
$1.5M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-7.6%
Year-over-year change (2022 → 2023)
Net Margin
-0.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.84
Net assets divided by total expenses
Liabilities-to-Assets
21.7%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$6,290,566↓8%$6,300,999↑5%$6,803,098↓3%
2022$6,811,464↓7%$5,986,567↑12%$7,022,387↑48%
2021$7,300,281↑26%$5,335,307↑9%$4,759,374↑33%
2020$5,778,021↑10%$4,875,087↓5%$3,580,119↑50%
2019$5,231,439↑1%$5,150,025↑3%$2,379,109↓1%
2018$5,179,083↓3%$5,021,965↓10%$2,402,658↑2%
2017$5,355,288↓5%$5,601,017$2,366,710↓30%
2016$5,664,198↑13%$5,588,668↑35%$3,359,973↑1%
2015$4,994,670↑57%$4,130,321↑35%$3,320,293↑70%
2014$3,191,002↓7%$3,066,010↓16%$1,954,957↑10%
2013$3,421,482↑2%$3,630,669↑1%$1,778,490↓13%
2012$3,365,869↑10%$3,612,309↑19%$2,035,464↓2%
2011$3,068,877$3,024,304$2,080,360

Frequently Asked Questions

What does Towards Employment Incorporated do?▼

Towards Employment Incorporated is a employment nonprofit organization based in Ohio. It is classified under NTEE code J200 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Towards Employment Incorporated financially healthy?▼

Based on our 9-metric Financial Health Score model, Towards Employment Incorporated has a score of 68/100 (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 Towards Employment Incorporated generate?▼

Towards Employment Incorporated reports $9.4M in annual revenue and holds $8.9M in total assets, based on IRS filings.

Similar Organizations

Explore more organizations in the Employment category, or browse all nonprofits in Ohio.