Region 10 Workford Board Inc
Region 10 Workford Board Inc shows consistent revenue-expense balance and significant asset growth, alongside a substantial increase in liabilities.
EIN: 204981068 · New Albany, IN · NTEE: J20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.4M |
| Total Expenses | $4.3M |
| Program Spending | 85% |
| Net Assets | $223K |
| Transparency Score | 78/100 |
Search Intent Cockpit
Region 10 Workford Board Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals
Region 10 Workford Board Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Region 10 Workford Board Inc in one place.
Form 990 Filing Summary
13 filing years are available, with latest revenue of $4.3M and expenses of $4.3M.
Revenue and Expenses
Region 10 Workford Board Inc reported $4.3M in revenue and $4.3M in expenses, a surplus of $17K.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
78/100 mission score, 2 red flags, and 4 strengths are shown from structured and AI review.
Is Region 10 Workford Board Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $3.6M (85%) |
Across stored filings, Region 10 Workford Board Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 2 red flags identified |
| Mission spend | 85% to programs | Excellent |
| Financial durability | Grade A | 13 stored filing years |
| Peer context | Compare with Sigma Kappa Sorority | Indiana and Category J context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
Open charity check →Peer Benchmark
Compare against real state and category peers.
Compare with Sigma Kappa Sorority →All Indiana nonprofits
All Category J
Local and Sector Spokes
Move into this nonprofit's local market, category, and sector maps.
New Albany, IN nonprofitsCategory J in Indiana
Human Services in Indiana
Follow the Money
Jump into spending, compensation, rankings, and filing-year evidence.
State spending analysisState compensation analysis
Category J spending
Best Category J charities in Indiana
Relevant rankings
Donation Decision Flow
From Trust Check to Better Alternatives
Alternative Shopping
Similar Nonprofits Donors Should Compare
Next Step Storm Inc
Leo, IN · $300K revenue · Score 92/100
Compare side-by-sideSu Casa Columbus Inc
Columbus, IN · $411K revenue · Score 90/100
Compare side-by-sideVolunteer Lawyer Program Of Northeast Indiana Inc
Fort Wayne, IN · $413K revenue · Score 88/100
Compare side-by-sideElevance Health Retiree Veba Tr
Indianapolis, IN · $20.2M revenue · Score 85/100
Compare side-by-sideNext Best Actions
Keep the Investigation Moving
Research Workflow
Turn this Form 990 profile into a donor-ready report
Request a concise report for Region 10 Workford Board Inc with revenue, expenses, executive compensation, red flags, peer context, and IRS source links. You can also request CSV exports or watchlist updates for future filings.
Early access request only. Reports and exports are informational and based on public IRS records, not financial or legal advice.
Region 10 Workford Board Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Region 10 Workford Board Inc
Region 10 Workford Board Inc (EIN: 204981068) is a nonprofit organization based in New Albany, IN, classified under NTEE code J20. The organization reported total revenue of $4.4M and total assets of $2.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Region 10 Workford Board Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Region 10 Workford Board Inc is a mid-size nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.3M |
| Total Expenses | $4.3M |
| Surplus / Deficit | +$17K |
| Total Assets | $2.0M |
| Total Liabilities | $1.7M |
| Net Assets | $223K |
| Operating Margin | 0.4% |
| Debt-to-Asset Ratio | 88.7% |
| Months of Reserves | 5.5 months |
Financial Health Grade: A
In 2023, Region 10 Workford Board Inc reported a surplus of $17K with revenue exceeding expenses, holds 5.5 months of operating reserves (adequate), has a debt-to-asset ratio of 88.7% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Region 10 Workford Board Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +23.9% | +20.1% | +197.4% |
| 2022 | -1.7% | +5.2% | +23.2% |
| 2021 | +58.1% | +52.0% | +74.3% |
| 2020 | -8.2% | -8.2% | -7.4% |
| 2019 | -2.5% | -2.7% | -1.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Region 10 Workford Board Inc with a Mission Score of 78 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Region 10 Workford Board Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $17K, with revenue exceeding expenses.
- Debt-to-asset ratio: 88.7%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all filings, suggesting that executive leadership may be volunteer-based or compensated through a related entity, which could contribute to lower overhead costs.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Region 10 Workford Board Inc's IRS 990 filings:
- Significant increase in liabilities relative to assets, from $146,611 in 202006 to $1,742,784 in 202306, warrants further investigation into their nature.
- Lack of detailed functional expense breakdown (program, admin, fundraising) in the provided data makes a precise spending efficiency analysis difficult.
Strengths
The following positive indicators were identified for Region 10 Workford Board Inc:
- Consistent financial operations with revenues closely matching expenses, indicating efficient use of funds (e.g., 202306: Revenue=$4,299,440, Expenses=$4,282,929).
- Significant growth in assets over recent years, from $307,770 in 202006 to $1,965,399 in 202306, demonstrating increasing capacity.
- No reported officer compensation across all filings, suggesting potentially low administrative overhead and a strong volunteer component.
- Long and consistent IRS 990 filing history (13 filings), indicating good compliance and transparency.
Frequently Asked Questions about Region 10 Workford Board Inc
Is Region 10 Workford Board Inc a legitimate charity?
Region 10 Workford Board Inc (EIN: 204981068) is a registered tax-exempt nonprofit based in Indiana. Our AI analysis gives it a Mission Score of 78/100. It has 13 years of IRS 990 filings on record. Total revenue: $4.4M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Region 10 Workford Board Inc spend its money?
Region 10 Workford Board Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Region 10 Workford Board Inc tax-deductible?
Region 10 Workford Board Inc is registered as a tax-exempt nonprofit (EIN: 204981068). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Region 10 Workford Board Inc's spending goes to programs?
Region 10 Workford Board Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Region 10 Workford Board Inc compare to similar nonprofits?
With a transparency score of 78/100 (Good), Region 10 Workford Board Inc is above average for NTEE category J20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Region 10 Workford Board Inc located?
Region 10 Workford Board Inc is headquartered in New Albany, Indiana and files with the IRS under EIN 204981068. It is classified under NTEE code J20.
How many years of IRS 990 filings does Region 10 Workford Board Inc have?
Region 10 Workford Board Inc has 13 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 $4.4M in total revenue.
Is Region 10 Workford Board Inc financially stable given the increase in liabilities?
While assets have grown significantly from $307,770 in 202006 to $1,965,399 in 202306, liabilities have also surged from $146,611 to $1,742,784 in the same period. This indicates that a large portion of the asset growth is offset by increased obligations, warranting a closer look at the nature of these liabilities to assess long-term stability.
How does Region 10 Workford Board Inc manage to have 0% officer compensation?
The consistent reporting of 0% officer compensation across all filings suggests that the organization's leadership may be entirely volunteer-based, or that compensation for key management is handled through a separate entity or mechanism not reported in this section of the 990. This practice can significantly reduce administrative costs.
What is the primary driver of the substantial asset growth from 2020 to 2023?
The assets increased from $307,770 in 202006 to $1,965,399 in 202306. Given the corresponding increase in liabilities, it's possible this growth is due to capital investments, property acquisition, or other long-term assets financed by debt or other obligations, rather than solely accumulated surplus.
Filing History
IRS 990 filing history for Region 10 Workford Board Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Region 10 Workford Board Inc's revenue has grown by 45.1%, moving from $3.0M to $4.3M. Total assets increased by 217.4% over the same period, from $619K to $2.0M. Total functional expenses rose by 48.5%, from $2.9M to $4.3M. In its most recent filing year (2023), Region 10 Workford Board Inc reported a surplus of $17K, with revenue exceeding expenses. The organization holds $1.7M in liabilities against $2.0M in assets (debt-to-asset ratio: 88.7%), resulting in net assets of $223K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.3M | $4.3M | $2.0M | $1.7M | — | View 990 |
| 2022 | $3.5M | $3.6M | $661K | $455K | — | View 990 |
| 2021 | $3.5M | $3.4M | $536K | $235K | — | View 990 |
| 2020 | $2.2M | $2.2M | $308K | $147K | — | View 990 |
| 2019 | $2.4M | $2.4M | $333K | $173K | — | View 990 |
| 2018 | $2.5M | $2.5M | $339K | $181K | — | View 990 |
| 2017 | $2.2M | $2.2M | $318K | $158K | — | View 990 |
| 2016 | $2.5M | $2.5M | $335K | $171K | — | View 990 |
| 2015 | $2.5M | $2.4M | $335K | $176K | — | View 990 |
| 2014 | $2.5M | $2.5M | $452K | $310K | — | View 990 |
| 2013 | $2.3M | $2.3M | $296K | $130K | — | View 990 |
| 2012 | $2.2M | $2.1M | $335K | $171K | — | View 990 |
| 2011 | $3.0M | $2.9M | $619K | $540K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.3M, expenses of $4.3M, and assets of $2.0M (revenue +23.9% year-over-year).
- 2022: Revenue of $3.5M, expenses of $3.6M, and assets of $661K (revenue -1.7% year-over-year).
- 2021: Revenue of $3.5M, expenses of $3.4M, and assets of $536K (revenue +58.1% year-over-year).
- 2020: Revenue of $2.2M, expenses of $2.2M, and assets of $308K (revenue -8.2% year-over-year).
- 2019: Revenue of $2.4M, expenses of $2.4M, and assets of $333K (revenue -2.5% year-over-year).
- 2018: Revenue of $2.5M, expenses of $2.5M, and assets of $339K (revenue +13.7% year-over-year).
- 2017: Revenue of $2.2M, expenses of $2.2M, and assets of $318K (revenue -11.0% year-over-year).
- 2016: Revenue of $2.5M, expenses of $2.5M, and assets of $335K (revenue +0.5% year-over-year).
- 2015: Revenue of $2.5M, expenses of $2.4M, and assets of $335K (revenue -1.3% year-over-year).
- 2014: Revenue of $2.5M, expenses of $2.5M, and assets of $452K (revenue +10.2% year-over-year).
- 2013: Revenue of $2.3M, expenses of $2.3M, and assets of $296K (revenue +4.5% year-over-year).
- 2012: Revenue of $2.2M, expenses of $2.1M, and assets of $335K (revenue -27.2% year-over-year).
- 2011: Revenue of $3.0M, expenses of $2.9M, and assets of $619K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Region 10 Workford Board Inc:
Data Sources and Methodology
This transparency report for Region 10 Workford Board 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.