Central Ohio Workers Center Inc
EIN: 465622456 · Columbus, OH · NTEE: R01
| Metric | Value |
|---|---|
| Total Revenue | $363K |
| Total Expenses | $245K |
| Net Assets | $318K |
Is Central Ohio Workers Center Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Central Ohio Workers Center Inc
Central Ohio Workers Center Inc (EIN: 465622456) is a nonprofit organization based in Columbus, OH, classified under NTEE code R01. The organization reported total revenue of $363K and total assets of $373K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Central Ohio Workers Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Central Ohio Workers Center Inc is a small nonprofit that has been operating for 12 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 52.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $317K |
| Total Expenses | $245K |
| Surplus / Deficit | +$72K |
| Total Assets | $319K |
| Total Liabilities | $1K |
| Net Assets | $318K |
| Operating Margin | 22.8% |
| Debt-to-Asset Ratio | 0.3% |
| Months of Reserves | 15.6 months |
Financial Health Grade: A
In 2023, Central Ohio Workers Center Inc reported a surplus of $72K with revenue exceeding expenses, holds 15.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.3% (very low leverage).
Financial Trends
Over 4 years of filings (2020–2023), Central Ohio Workers Center Inc's revenue has grown at a compound annual growth rate (CAGR) of 52.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +26.9% | +137.0% | +30.4% |
| 2022 | +76.9% | -27.4% | +150.0% |
| 2021 | +56.7% | +1427.1% | -1.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Central Ohio Workers Center Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Central Ohio Workers Center Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $72K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.3%.
Frequently Asked Questions about Central Ohio Workers Center Inc
Is Central Ohio Workers Center Inc a legitimate charity?
Central Ohio Workers Center Inc (EIN: 465622456) is a registered tax-exempt nonprofit based in Ohio. It has 4 years of IRS 990 filings on record. Total revenue: $363K. No red flags identified. Financial health grade: A.
How does Central Ohio Workers Center Inc spend its money?
Central Ohio Workers Center Inc reported $363K in total revenue in IRS 990 filings. 4 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Central Ohio Workers Center Inc tax-deductible?
Central Ohio Workers Center Inc is registered as a tax-exempt nonprofit (EIN: 465622456). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Central Ohio Workers Center Inc located?
Central Ohio Workers Center Inc is headquartered in Columbus, Ohio and files with the IRS under EIN 465622456. It is classified under NTEE code R01.
How many years of IRS 990 filings does Central Ohio Workers Center Inc have?
Central Ohio Workers Center Inc has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $363K in total revenue.
Filing History
IRS 990 filing history for Central Ohio Workers Center Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Central Ohio Workers Center Inc's revenue has grown by 251.8%, moving from $90K to $317K. Total assets increased by 222.7% over the same period, from $99K to $319K. Total functional expenses rose by 2526.9%, from $9K to $245K. In its most recent filing year (2023), Central Ohio Workers Center Inc reported a surplus of $72K, with revenue exceeding expenses. The organization holds $1K in liabilities against $319K in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $318K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $317K | $245K | $319K | $1K | — | — |
| 2022 | $250K | $103K | $244K | $0 | — | View 990 |
| 2021 | $141K | $142K | $98K | $0 | — | View 990 |
| 2020 | $90K | $9K | $99K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $317K, expenses of $245K, and assets of $319K (revenue +26.9% year-over-year).
- 2022: Revenue of $250K, expenses of $103K, and assets of $244K (revenue +76.9% year-over-year).
- 2021: Revenue of $141K, expenses of $142K, and assets of $98K (revenue +56.7% year-over-year).
- 2020: Revenue of $90K, expenses of $9K, and assets of $99K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Central Ohio Workers Center Inc:
Data Sources and Methodology
This transparency report for Central Ohio Workers Center Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.