BEducationEIN: 742269704

Western Research Institute

Laramie, Wyoming

CHealth Score
44C

Financial Health Score

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

Below Average

How This Organization Compares

Compared to 4 peers in Education with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.41×
Peer Median20.77×
💰
$3.3M
Total Revenue
📊
$3.9M
Total Expenses
🏦
$1.6M
Net Assets
📋
$1.6M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-5.5%
Year-over-year change (2022 → 2023)
Net Margin
-20.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.41
Net assets divided by total expenses
Liabilities-to-Assets
50.2%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2023$3,260,8456%$3,929,7441%$3,251,0278%
2022$3,451,98536%$3,873,43120%$3,540,9451%
2021$5,404,47513%$4,813,5162%$3,507,4906%
2020$4,787,62222%$4,933,85631%$3,716,75511%
2019$6,136,18920%$7,131,138$3,341,32633%
2018$7,669,0957%$7,159,2372%$4,952,9534%
2017$7,190,350109%$7,280,10098%$4,769,28318%
2016$3,445,72150%$3,669,40152%$4,040,64011%
2016$6,902,64433%$7,644,77730%$4,520,64215%
2015$10,373,71733%$10,844,30730%$5,345,19521%
2014$15,531,2912%$15,420,146$6,758,8422%
2013$15,842,2192%$15,362,7182%$6,898,8724%
2012$16,107,95212%$15,713,65312%$7,183,01614%
2011$14,408,729$14,082,617$6,314,098

Frequently Asked Questions

What does Western Research Institute do?

Western Research Institute is a education nonprofit organization based in Wyoming. It is classified under NTEE code B43 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Western Research Institute financially healthy?

Based on our 9-metric Financial Health Score model, Western Research Institute has a score of 44/100 (Grade: C). 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 Western Research Institute generate?

Western Research Institute reports $3.6M in annual revenue and holds $3.2M in total assets, based on IRS filings.

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