Southwestern Oregon Workforce Investment Board
EIN: 473873798 · Coos Bay, OR · NTEE: J22
| Metric | Value |
|---|---|
| Total Revenue | $8.1M |
| Total Expenses | $8.4M |
| Net Assets | $1.6M |
Is Southwestern Oregon Workforce Investment Board Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Southwestern Oregon Workforce Investment Board
Southwestern Oregon Workforce Investment Board (EIN: 473873798) is a nonprofit organization based in Coos Bay, OR, classified under NTEE code J22. The organization reported total revenue of $8.1M and total assets of $3.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Southwestern Oregon Workforce Investment Board's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Southwestern Oregon Workforce Investment Board is a mid-size nonprofit that has been operating for 11 years, with 8 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of 24.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $9.0M |
| Total Expenses | $8.4M |
| Surplus / Deficit | +$538K |
| Total Assets | $2.9M |
| Total Liabilities | $1.3M |
| Net Assets | $1.6M |
| Operating Margin | 6.0% |
| Debt-to-Asset Ratio | 44.8% |
| Months of Reserves | 4.1 months |
Financial Health Grade: A
In 2023, Southwestern Oregon Workforce Investment Board reported a surplus of $538K with revenue exceeding expenses, holds 4.1 months of operating reserves (adequate), has a debt-to-asset ratio of 44.8% (moderate leverage).
Financial Trends
Over 8 years of filings (2016–2023), Southwestern Oregon Workforce Investment Board's revenue has grown at a compound annual growth rate (CAGR) of 24.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +100.5% | +49.7% | -10.1% |
| 2022 | -29.3% | +31.7% | +20.5% |
| 2021 | +156.8% | +73.4% | +259.4% |
| 2020 | -8.5% | -6.1% | +36.6% |
| 2019 | +27.5% | +25.8% | +36.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Southwestern Oregon Workforce Investment Board 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 Southwestern Oregon Workforce Investment Board 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 $538K, with revenue exceeding expenses.
- Debt-to-asset ratio: 44.8%.
Frequently Asked Questions about Southwestern Oregon Workforce Investment Board
Is Southwestern Oregon Workforce Investment Board a legitimate charity?
Southwestern Oregon Workforce Investment Board (EIN: 473873798) is a registered tax-exempt nonprofit based in Oregon. It has 8 years of IRS 990 filings on record. Total revenue: $8.1M. No red flags identified. Financial health grade: A.
How does Southwestern Oregon Workforce Investment Board spend its money?
Southwestern Oregon Workforce Investment Board reported $8.1M in total revenue in IRS 990 filings. 8 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Southwestern Oregon Workforce Investment Board tax-deductible?
Southwestern Oregon Workforce Investment Board is registered as a tax-exempt nonprofit (EIN: 473873798). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Southwestern Oregon Workforce Investment Board located?
Southwestern Oregon Workforce Investment Board is headquartered in Coos Bay, Oregon and files with the IRS under EIN 473873798. It is classified under NTEE code J22.
How many years of IRS 990 filings does Southwestern Oregon Workforce Investment Board have?
Southwestern Oregon Workforce Investment Board has 8 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 $8.1M in total revenue.
Filing History
IRS 990 filing history for Southwestern Oregon Workforce Investment Board showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), Southwestern Oregon Workforce Investment Board's revenue has grown by 368.9%, moving from $1.9M to $9.0M. Total assets increased by 868.9% over the same period, from $296K to $2.9M. Total functional expenses rose by 350%, from $1.9M to $8.4M. In its most recent filing year (2023), Southwestern Oregon Workforce Investment Board reported a surplus of $538K, with revenue exceeding expenses. The organization holds $1.3M in liabilities against $2.9M in assets (debt-to-asset ratio: 44.8%), resulting in net assets of $1.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $9.0M | $8.4M | $2.9M | $1.3M | — | — |
| 2022 | $4.5M | $5.6M | $3.2M | $2.1M | — | View 990 |
| 2021 | $6.3M | $4.3M | $2.6M | $441K | — | — |
| 2020 | $2.5M | $2.5M | $737K | $582K | — | View 990 |
| 2019 | $2.7M | $2.6M | $540K | $381K | — | View 990 |
| 2018 | $2.1M | $2.1M | $394K | $300K | — | View 990 |
| 2017 | $2.2M | $2.2M | $479K | $408K | — | View 990 |
| 2016 | $1.9M | $1.9M | $296K | $257K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $9.0M, expenses of $8.4M, and assets of $2.9M (revenue +100.5% year-over-year).
- 2022: Revenue of $4.5M, expenses of $5.6M, and assets of $3.2M (revenue -29.3% year-over-year).
- 2021: Revenue of $6.3M, expenses of $4.3M, and assets of $2.6M (revenue +156.8% year-over-year).
- 2020: Revenue of $2.5M, expenses of $2.5M, and assets of $737K (revenue -8.5% year-over-year).
- 2019: Revenue of $2.7M, expenses of $2.6M, and assets of $540K (revenue +27.5% year-over-year).
- 2018: Revenue of $2.1M, expenses of $2.1M, and assets of $394K (revenue -4.1% year-over-year).
- 2017: Revenue of $2.2M, expenses of $2.2M, and assets of $479K (revenue +15.1% year-over-year).
- 2016: Revenue of $1.9M, expenses of $1.9M, and assets of $296K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Southwestern Oregon Workforce Investment Board:
Data Sources and Methodology
This transparency report for Southwestern Oregon Workforce Investment Board 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.