JEmploymentEIN: 592334811· Ruling Year: 1984

Suncoast Workforce Board Inc

Sarasota, Florida

BHealth Score
55B

Financial Health Score

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

Above Average

💰
$6.9M
Total Revenue
📊
$6.8M
Total Expenses
🏦
$662K
Net Assets
📋
$662K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-2.6%
Year-over-year change (2022 → 2023)
Net Margin
+1.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.10
Net assets divided by total expenses
Liabilities-to-Assets
50.0%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$6,868,6833%$6,751,1963%$1,324,29215%
2022$7,055,2161%$6,936,9521%$1,147,9526%
2021$6,979,19410%$6,894,7929%$1,219,49027%
2020$6,368,9052%$6,345,8404%$959,94310%
2019$6,505,8372%$6,589,5364%$1,063,81928%
2018$6,388,7482%$6,321,0094%$829,7787%
2017$6,541,62512%$6,554,89711%$890,8469%
2016$7,418,6121%$7,366,786$978,92128%
2015$7,326,80113%$7,381,68812%$763,77112%
2014$8,419,4776%$8,410,4856%$870,4366%
2013$8,975,7933%$8,924,1075%$820,13023%
2012$9,273,4379%$9,405,2089%$1,060,59512%
2011$10,138,770$10,306,496$1,203,825

Frequently Asked Questions

What does Suncoast Workforce Board Inc do?

Suncoast Workforce Board Inc is a employment nonprofit organization based in Florida. It is classified under NTEE code J220 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Suncoast Workforce Board Inc financially healthy?

Based on our 9-metric Financial Health Score model, Suncoast Workforce Board Inc has a score of 55/100 (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 Suncoast Workforce Board Inc generate?

Suncoast Workforce Board Inc reports $7.9M in annual revenue and holds $1.6M in total assets, based on IRS filings.

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