Operating record

Workforce Inc

Indianapolis, IN · EIN 14-1892402 · files full Form 990 · latest public year 2023

YearMoney inMoney outResultReserve mo.Staffing
2020$2,849,431$2,692,906$156,5250.44%
2021$5,357,050$3,842,963$1,514,0875.047%
2022$10,288,561$6,793,299$3,495,2629.01%
2023$14,159,486$8,523,659$5,635,82715.11%

In its most recent public year (2023), this organization brought in $5,635,827 more than it spent. Its reserves stood at about 15.1 months of spending, up from 0.4 in 2020. Staff pay was 1% of spending. $4,702,555 of its net assets are donor-restricted.

Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings ↗