J — EmploymentEIN: 382025701· Ruling Year: 1975

Work Skills Corporation

Brighton, Michigan

A-Health Score
80A-

Financial Health Score

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

Very Good

How This Organization Compares

Compared to 4 peers in Employment with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.23×
Peer Median4.74×
💰
$20.0M
Total Revenue
📊
$13.3M
Total Expenses
🏦
$16.3M
Net Assets
📋
$917K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+38.1%
Year-over-year change (2022 → 2023)
Net Margin
+33.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.23
Net assets divided by total expenses
Liabilities-to-Assets
5.3%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$19,982,136↑38%$13,335,732↑6%$17,255,587↑60%
2022$14,469,835↓27%$12,568,898↓27%$10,753,319↓17%
2021$19,905,891↑69%$17,302,753↑43%$12,915,306↑43%
2020$11,747,550↓10%$12,129,106↓2%$9,053,646↑33%
2019$12,996,776↓6%$12,347,120↓8%$6,785,338↑7%
2018$13,791,230↓15%$13,482,296↓12%$6,312,806↑7%
2017$16,261,731↓14%$15,377,124↓15%$5,910,528↑5%
2016$18,986,378↓13%$18,081,326↓13%$5,646,834↑7%
2015$21,794,844↑17%$20,852,575↑14%$5,292,927↑14%
2014$18,576,255↑37%$18,318,049↑37%$4,634,193↑8%
2013$13,558,943↑3%$13,325,009↑4%$4,275,448↑10%
2012$13,157,227↑28%$12,825,682↑37%$3,891,537↑13%
2011$10,273,128$9,359,154$3,443,258

Frequently Asked Questions

What does Work Skills Corporation do?▼

Work Skills Corporation is a employment nonprofit organization based in Michigan. It is classified under NTEE code J300 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Work Skills Corporation financially healthy?▼

Based on our 9-metric Financial Health Score model, Work Skills Corporation has a score of 80/100 (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 Work Skills Corporation generate?▼

Work Skills Corporation reports $11.6M in annual revenue and holds $18.9M in total assets, based on IRS filings.

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