Deep East Texas Local Workforce Development Board Incorporated
Lufkin, Texas
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Above Average
How This Organization Compares
Compared to 4 peers in Employment with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $23,065,269↓3% | $23,037,580↓3% | $3,110,405↓7% | |
| 2022 | $23,686,549↑29% | $23,683,545↑29% | $3,332,213↑93% | — |
| 2021 | $18,410,549↓4% | $18,399,233↓3% | $1,729,428↑6% | — |
| 2020 | $19,081,693↑6% | $19,041,877↑8% | $1,636,411↓3% | — |
| 2019 | $17,940,620↑19% | $17,620,199↑18% | $1,694,661↑32% | — |
| 2018 | $15,064,310↑8% | $14,920,313↑7% | $1,286,909↑38% | — |
| 2017 | $13,969,237↓2% | $13,972,511↓2% | $933,749↓18% | — |
| 2016 | $14,261,801↑8% | $14,269,938↑8% | $1,133,832↓11% | — |
| 2015 | $13,203,328↑14% | $13,209,387↑14% | $1,271,181↑39% | — |
| 2014 | $11,626,091↓6% | $11,623,593↓6% | $917,106↓7% | — |
| 2013 | $12,304,272↓2% | $12,339,001↓2% | $988,150↓8% | — |
| 2012 | $12,574,584↓13% | $12,576,304↓13% | $1,073,793↑54% | — |
| 2011 | $14,470,148 | $14,462,552 | $695,716 | — |
Frequently Asked Questions
What does Deep East Texas Local Workforce Development Board Incorporated do?▼
Deep East Texas Local Workforce Development Board Incorporated is a employment nonprofit organization based in Texas. It is classified under NTEE code J22 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Deep East Texas Local Workforce Development Board Incorporated financially healthy?▼
Based on our 9-metric Financial Health Score model, Deep East Texas Local Workforce Development Board Incorporated has a score of 57/100 (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 Deep East Texas Local Workforce Development Board Incorporated generate?▼
Deep East Texas Local Workforce Development Board Incorporated reports $26.0M in annual revenue and holds $4.4M in total assets, based on IRS filings.
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