JEmploymentEIN: 593385244· Ruling Year: 1997

Polk County Workforce Development Board Inc

Bartow, Florida

B-Health Score
53B-

Financial Health Score

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

Average

💰
$5.9M
Total Revenue
📊
$5.9M
Total Expenses
🏦
$1.5M
Net Assets
📋
$1.5M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-21.3%
Year-over-year change (2022 → 2023)
Net Margin
+0.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.26
Net assets divided by total expenses
Liabilities-to-Assets
50.2%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$5,884,33021%$5,856,60720%$3,009,34642%
2022$7,478,00236%$7,302,12036%$2,112,90430%
2021$11,708,06045%$11,483,80743%$3,039,2616%
2020$8,073,5454%$8,048,0084%$3,230,17762%
2019$7,743,2088%$7,736,6997%$1,996,13023%
2018$7,160,45512%$7,199,05910%$1,626,42319%
2017$8,156,4166%$8,010,5475%$2,014,86113%
2016$7,680,9328%$7,628,8206%$1,788,3374%
2015$8,387,2508%$8,153,7459%$1,722,887
2014$9,073,4485%$8,964,8016%$1,717,7993%
2013$9,567,16620%$9,563,01616%$1,671,8489%
2012$7,957,444$8,218,615$1,834,932

Frequently Asked Questions

What does Polk County Workforce Development Board Inc do?

Polk County Workforce Development Board Inc is a employment nonprofit organization based in Florida. It is classified under NTEE code J22Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Polk County Workforce Development Board Inc financially healthy?

Based on our 9-metric Financial Health Score model, Polk County Workforce Development Board Inc has a score of 53/100 (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 Polk County Workforce Development Board Inc generate?

Polk County Workforce Development Board Inc reports $7.9M in annual revenue and holds $3.0M in total assets, based on IRS filings.

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