Workforce Resource Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 8,708,303 | 7,784,323 | 923,980 | 6.2 | 41% |
| 2021 | 7,342,513 | 6,854,595 | 487,918 | 7.9 | 41% |
| 2022 | 7,950,676 | 8,023,866 | −73,190 | 6.6 | 40% |
| 2023 | 8,769,609 | 9,308,008 | −538,399 | 5.0 | 47% |
In its most recent public year (2023), this organization spent $538,399 more than it brought in. Its reserves stood at about 5 months of spending, down from 6.2 in 2020. Staff pay was 47% of spending. $37,342 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
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