Workforce Institute Of Lorain County
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,968,344 | 1,914,895 | 53,449 | 1.0 | 22% |
| 2012 | 1,611,180 | 1,626,839 | −15,659 | 1.1 | 27% |
| 2013 | 1,051,865 | 1,123,691 | −71,826 | 0.8 | 36% |
| 2014 | 996,999 | 1,002,021 | −5,022 | 0.8 | 0% |
| 2015 | 984,418 | 981,870 | 2,548 | 0.8 | 0% |
| 2016 | 608,457 | 600,137 | 8,320 | 1.5 | 0% |
| 2017 | 571,311 | 575,575 | −4,264 | 1.5 | 0% |
| 2018 | 183,632 | 184,890 | −1,258 | 4.6 | 0% |
| 2019 | 359 | 12,207 | −11,848 | 58.4 | 0% |
| 2020 | 3,245 | 5,338 | −2,093 | 128.9 | 0% |
| 2021 | 3,071 | 7,019 | −3,948 | 91.3 | 0% |
| 2022 | 957 | 4,829 | −3,872 | 123.1 | — |
In its most recent public year (2022), this organization spent $3,872 more than it brought in. Its reserves stood at about 123.1 months of spending, up from 1 in 2011.
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 2022. 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
Workforce Institute Of Lorain County's IRS filings as a feed — one entry per filing year, through 2022. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works