Northern Area Local Workforce Development Board
Santa Fe, New Mexico
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Average
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $4,762,627↓25% | $4,760,930↓25% | $216,946↓2% | — |
| 2022 | $6,344,668↑35% | $6,344,855↑35% | $220,258↓30% | — |
| 2021 | $4,682,823↓1% | $4,683,652↓1% | $314,154↑397% | — |
| 2020 | $4,747,345↑6% | $4,725,088↑6% | $63,154↓80% | — |
| 2019 | $4,458,964↑24% | $4,449,729↑24% | $317,729↑5% | — |
| 2018 | $3,583,002↑28% | $3,583,002↑28% | $302,247↑41% | — |
| 2017 | $2,807,557↑1% | $2,807,557↑2% | $214,597↓17% | — |
| 2016 | $2,768,084↑1% | $2,762,803↑1% | $257,513↑1451% | — |
| 2015 | $2,728,186↑19% | $2,728,662↑19% | $16,599↓77% | — |
| 2014 | $2,292,051↑3% | $2,292,051↑3% | $71,691↓42% | — |
| 2013 | $2,220,844↓27% | $2,220,940↓27% | $122,939↓24% | — |
| 2012 | $3,028,677↑25% | $3,027,582↑25% | $161,985↑386% | — |
| 2011 | $2,421,430 | $2,427,083 | $33,348 | — |
Frequently Asked Questions
What does Northern Area Local Workforce Development Board do?▼
Northern Area Local Workforce Development Board is a employment nonprofit organization based in New Mexico. It is classified under NTEE code J20 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Northern Area Local Workforce Development Board financially healthy?▼
Based on our 9-metric Financial Health Score model, Northern Area Local Workforce Development Board has a score of 45/100 (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 Northern Area Local Workforce Development Board generate?▼
Northern Area Local Workforce Development Board reports $4.3M in annual revenue and holds $221K in total assets, based on IRS filings.
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