Is Workforce Inc Legit?

Quick charity verification for Workforce Inc (EIN: 141892402)

Verdict: Workforce Inc appears trustworthy

90/100Mission Score
$10.7MRevenue
$21.8MAssets
0Red Flags
5Strengths

No red flags identified.

Strengths

Spending Breakdown

How Workforce Inc allocates its funds across programs, administration, and fundraising.

85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about Workforce Inc

Is Workforce Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Workforce Inc (EIN: 141892402) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.

Is Workforce Inc a good charity to donate to?

Workforce Inc has a Mission Score of 90/100. Revenue: $10.7M. Assets: $21.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Workforce Inc?

The Employer Identification Number (EIN) for Workforce Inc is 141892402. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does Workforce Inc spend its money?

Workforce Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Workforce Inc's tax-exempt status?

You can verify Workforce Inc's tax-exempt status using EIN 141892402 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

Workforce Inc demonstrates strong financial growth and appears to be in a healthy financial position. Over the past five years, the organization has seen its revenue increase significantly, from $2,156,932 in 2019 to $14,159,486 in 2023, indicating robust fundraising or program expansion. Their assets have also grown substantially, reaching $19,342,777 in 2023, which provides a solid financial foundation. The organization consistently reports 0% officer compensation, which is a positive indicator of transparency and a commitment to directing funds towards its mission rather than executive salaries. This suggests a highly efficient use of resources in terms of leadership compensation. While the provided data doesn't offer a detailed breakdown of program, administrative, and fundraising expenses, the overall financial trend suggests good stewardship. The organization has consistently managed to keep expenses below revenue in recent years, leading to asset accumulation. For example, in 2023, revenue was $14,159,486 against expenses of $8,523,659, resulting in a substantial surplus. This financial management allows for reinvestment in programs and long-term sustainability. The consistent growth in assets and revenue, coupled with zero reported officer compensation, paints a picture of a financially sound and mission-focused nonprofit.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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