Local Workforce Investment For The Westmoreland Fayette Workforce
EIN: 251860049 · Youngwood, PA · NTEE: J220
| Metric | Value |
|---|---|
| Total Revenue | $7.5M |
| Total Expenses | $7.9M |
| Net Assets | $268K |
Is Local Workforce Investment For The Westmoreland Fayette Workforce Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Local Workforce Investment For The Westmoreland Fayette Workforce
Local Workforce Investment For The Westmoreland Fayette Workforce (EIN: 251860049) is a nonprofit organization based in Youngwood, PA, classified under NTEE code J220. The organization reported total revenue of $7.5M and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Local Workforce Investment For The Westmoreland Fayette Workforce's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Local Workforce Investment For The Westmoreland Fayette Workforce is a mid-size nonprofit that has been operating for 25 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of -2.2%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $7.5M |
| Total Expenses | $7.9M |
| Surplus / Deficit | $-404,434 |
| Total Assets | $1.4M |
| Total Liabilities | $1.2M |
| Net Assets | $268K |
| Operating Margin | -5.4% |
| Debt-to-Asset Ratio | 81.2% |
| Months of Reserves | 2.2 months |
Financial Health Grade: D
In 2024, Local Workforce Investment For The Westmoreland Fayette Workforce reported a deficit of $404K with expenses exceeding revenue, holds 2.2 months of operating reserves (limited), has a debt-to-asset ratio of 81.2% (high leverage).
Financial Trends
Over 14 years of filings (2011–2024), Local Workforce Investment For The Westmoreland Fayette Workforce's revenue has declined at a compound annual growth rate (CAGR) of -2.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -5.3% | +1.9% | -28.3% |
| 2023 | +13.0% | +18.7% | +92.1% |
| 2022 | +16.8% | +9.1% | +44.7% |
| 2021 | +2.8% | +2.7% | +54.4% |
| 2020 | -14.5% | -14.5% | -39.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2001 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Local Workforce Investment For The Westmoreland Fayette Workforce 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 Local Workforce Investment For The Westmoreland Fayette Workforce 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $404K, with expenses exceeding revenue.
- Debt-to-asset ratio: 81.2%.
Frequently Asked Questions about Local Workforce Investment For The Westmoreland Fayette Workforce
Is Local Workforce Investment For The Westmoreland Fayette Workforce a legitimate charity?
Local Workforce Investment For The Westmoreland Fayette Workforce (EIN: 251860049) is a registered tax-exempt nonprofit based in Pennsylvania. It has 14 years of IRS 990 filings on record. Total revenue: $7.5M. No red flags identified. Financial health grade: D.
How does Local Workforce Investment For The Westmoreland Fayette Workforce spend its money?
Local Workforce Investment For The Westmoreland Fayette Workforce reported $7.5M in total revenue in IRS 990 filings. 14 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Local Workforce Investment For The Westmoreland Fayette Workforce tax-deductible?
Local Workforce Investment For The Westmoreland Fayette Workforce is registered as a tax-exempt nonprofit (EIN: 251860049). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Local Workforce Investment For The Westmoreland Fayette Workforce located?
Local Workforce Investment For The Westmoreland Fayette Workforce is headquartered in Youngwood, Pennsylvania and files with the IRS under EIN 251860049. It is classified under NTEE code J220.
How many years of IRS 990 filings does Local Workforce Investment For The Westmoreland Fayette Workforce have?
Local Workforce Investment For The Westmoreland Fayette Workforce has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $7.5M in total revenue.
Filing History
IRS 990 filing history for Local Workforce Investment For The Westmoreland Fayette Workforce showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Local Workforce Investment For The Westmoreland Fayette Workforce's revenue has declined by 25%, moving from $10.0M to $7.5M. Total assets increased by 36.4% over the same period, from $1.0M to $1.4M. Total functional expenses fell by 21%, from $10.0M to $7.9M. In its most recent filing year (2024), Local Workforce Investment For The Westmoreland Fayette Workforce reported a deficit of $404K, with expenses exceeding revenue. The organization holds $1.2M in liabilities against $1.4M in assets (debt-to-asset ratio: 81.2%), resulting in net assets of $268K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $7.5M | $7.9M | $1.4M | $1.2M | — | View 990 |
| 2023 | $7.9M | $7.8M | $2.0M | $1.3M | — | View 990 |
| 2022 | $7.0M | $6.5M | $1.0M | $525K | — | View 990 |
| 2021 | $6.0M | $6.0M | $713K | $678K | — | View 990 |
| 2020 | $5.8M | $5.8M | $462K | $435K | — | View 990 |
| 2019 | $6.8M | $6.8M | $761K | $736K | — | View 990 |
| 2018 | $5.9M | $5.9M | $569K | $544K | — | View 990 |
| 2017 | $5.8M | $5.8M | $695K | $670K | — | View 990 |
| 2016 | $5.8M | $5.8M | $506K | $481K | — | View 990 |
| 2015 | $6.3M | $6.3M | $695K | $670K | — | View 990 |
| 2014 | $6.3M | $6.3M | $407K | $381K | — | View 990 |
| 2013 | $7.3M | $7.4M | $568K | $526K | — | View 990 |
| 2012 | $7.4M | $7.3M | $802K | $721K | — | View 990 |
| 2011 | $10.0M | $10.0M | $1.0M | $1.0M | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $7.5M, expenses of $7.9M, and assets of $1.4M (revenue -5.3% year-over-year).
- 2023: Revenue of $7.9M, expenses of $7.8M, and assets of $2.0M (revenue +13.0% year-over-year).
- 2022: Revenue of $7.0M, expenses of $6.5M, and assets of $1.0M (revenue +16.8% year-over-year).
- 2021: Revenue of $6.0M, expenses of $6.0M, and assets of $713K (revenue +2.8% year-over-year).
- 2020: Revenue of $5.8M, expenses of $5.8M, and assets of $462K (revenue -14.5% year-over-year).
- 2019: Revenue of $6.8M, expenses of $6.8M, and assets of $761K (revenue +15.5% year-over-year).
- 2018: Revenue of $5.9M, expenses of $5.9M, and assets of $569K (revenue +2.4% year-over-year).
- 2017: Revenue of $5.8M, expenses of $5.8M, and assets of $695K (revenue +0.3% year-over-year).
- 2016: Revenue of $5.8M, expenses of $5.8M, and assets of $506K (revenue -9.3% year-over-year).
- 2015: Revenue of $6.3M, expenses of $6.3M, and assets of $695K (revenue +1.4% year-over-year).
- 2014: Revenue of $6.3M, expenses of $6.3M, and assets of $407K (revenue -14.8% year-over-year).
- 2013: Revenue of $7.3M, expenses of $7.4M, and assets of $568K (revenue -0.8% year-over-year).
- 2012: Revenue of $7.4M, expenses of $7.3M, and assets of $802K (revenue -26.0% year-over-year).
- 2011: Revenue of $10.0M, expenses of $10.0M, and assets of $1.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Local Workforce Investment For The Westmoreland Fayette Workforce:
Data Sources and Methodology
This transparency report for Local Workforce Investment For The Westmoreland Fayette Workforce 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.