J โ€” EmploymentEIN: 610956156ยท Ruling Year: 1980

Workwell Industries Inc

Louisville, Kentucky

B+Health Score
74B+

Financial Health Score

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

Good

๐Ÿ’ฐ
$3.7M
Total Revenue
๐Ÿ“Š
$3.5M
Total Expenses
๐Ÿฆ
$1.9M
Net Assets
๐Ÿ“‹
$1.4M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-13.6%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+5.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.52
Net assets divided by total expenses
Liabilities-to-Assets
43.0%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$3,721,984โ†“14%$3,534,460โ†‘10%$3,246,243โ†‘8%
2022$4,309,414โ†‘17%$3,201,486โ†“10%$3,015,250โ†‘7%
2021$3,677,023โ†“4%$3,566,003โ†“7%$2,817,428โ†‘4%
2020$3,821,788โ†“8%$3,841,124โ†“14%$2,696,174โ†‘16%
2019$4,137,190โ†“4%$4,467,858โ†‘10%$2,319,274โ†“14%
2018$4,324,123โ†‘20%$4,079,950โ†‘13%$2,686,256โ†‘10%
2017$3,603,526$3,619,979โ†‘5%$2,447,589โ†‘3%
2016$3,607,091โ†“12%$3,450,313โ†“11%$2,378,009โ†‘9%
2015$4,084,376โ†‘43%$3,873,326โ†‘31%$2,183,191โ†‘11%
2014$2,848,186โ†“13%$2,964,913โ†“10%$1,971,357โ†“10%
2013$3,274,980โ†“6%$3,283,195โ†“5%$2,197,433โ†“2%
2012$3,488,392โ†“1%$3,471,276โ†‘2%$2,231,192โ†“3%
2011$3,508,038$3,387,903$2,291,411

Frequently Asked Questions

What does Workwell Industries Inc do?โ–ผ

Workwell Industries Inc is a employment nonprofit organization based in Kentucky. It is classified under NTEE code J330 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Workwell Industries Inc financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Workwell Industries Inc has a score of 74/100 (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 Workwell Industries Inc generate?โ–ผ

Workwell Industries Inc reports $3.8M in annual revenue and holds $3.9M in total assets, based on IRS filings.

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Workwell Industries Inc โ€” Louisville, KY | GiveScope