JEmploymentEIN: 362646411· Ruling Year: 1979

The Workshop

Galena, Illinois

B+Health Score
71B+

Financial Health Score

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

Good

💰
$1.9M
Total Revenue
📊
$2.1M
Total Expenses
🏦
$7.7M
Net Assets
📋
$124K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-24.1%
Year-over-year change (2022 → 2023)
Net Margin
-13.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
3.68
Net assets divided by total expenses
Liabilities-to-Assets
1.6%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$1,850,78424%$2,091,7257%$7,825,2164%
2022$2,438,29229%$2,246,30615%$7,490,63910%
2021$3,419,94342%$2,653,6984%$8,347,1005%
2020$2,407,95414%$2,768,5644%$7,967,0272%
2019$2,790,2009%$2,659,45010%$8,097,0622%
2018$3,078,65520%$2,414,88613%$7,954,20123%
2017$2,570,46013%$2,135,9792%$6,455,09211%
2016$2,278,5454%$2,098,5725%$5,820,5911%
2015$2,370,300$1,989,28921%$5,882,5326%
2014$2,362,84514%$2,533,82728%$5,540,0385%
2013$2,743,1278%$1,976,7972%$5,272,57213%
2012$2,547,7583%$2,013,5212%$4,664,85912%
2011$2,476,505$2,045,576$4,164,084

Frequently Asked Questions

What does The Workshop do?

The Workshop is a employment nonprofit organization based in Illinois. It is classified under NTEE code J330 and is registered as a 501(c) tax-exempt organization with the IRS.

Is The Workshop financially healthy?

Based on our 9-metric Financial Health Score model, The Workshop has a score of 71/100 (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 The Workshop generate?

The Workshop reports $2.8M in annual revenue and holds $9.1M in total assets, based on IRS filings.

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