Work Skills Foundation

Work Skills Foundation shows consistent revenue growth and strong asset accumulation with no reported officer compensation.

EIN: 204595453 · Brighton, MI · NTEE: T23 · Updated: 2026-03-28

$243KRevenue
$611KAssets
90/100Mission Score (Excellent)
T23
Work Skills Foundation Financial Summary
MetricValue
Total Revenue$243K
Total Expenses$186K
Program Spending85%
Net Assets$543K
Transparency Score90/100

Search Intent Cockpit

Work Skills Foundation Form 990, Revenue, CEO Pay, and IRS Filing Signals

Work Skills Foundation 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 Work Skills Foundation in one place.

Form 990 Filing Summary

10 filing years are available, with latest revenue of $222K and expenses of $186K.

Revenue and Expenses

Work Skills Foundation reported $222K in revenue and $186K in expenses, a surplus of $35K.

Executive Compensation

Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.

Charity Score and Red Flags

90/100 mission score, 0 red flags, and 5 strengths are shown from structured and AI review.

Is Work Skills Foundation Legit?

Appears Legitimate

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
NoneRed Flags

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

PendingDonor/Grant Funding
85%Program Expense
$0Grants Paid
10Stored Filing Years

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

Work Skills Foundation Expense Deployment
Program services$158K (85%)

Across stored filings, Work Skills Foundation shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

Decision Cockpit

One-Stop Donor, Research, and Peer Context Hub

Work Skills Foundation Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacyAppears LegitimateGood filing record; no red flags identified
Mission spend85% to programsExcellent
Financial durabilityGrade A10 stored filing years
Peer contextCompare with American Academy Of Podiatric Practice ManagementMichigan and Philanthropy context

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Work Skills Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Work Skills Foundation

Work Skills Foundation (EIN: 204595453) is a nonprofit organization based in Brighton, MI, classified under NTEE code T23. The organization reported total revenue of $243K and total assets of $611K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Work Skills Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

19Years Operating
SmallSize Classification
10Years of Filings
MixedRevenue Trajectory

Work Skills Foundation is a small nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 15.9%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$222K
Total Expenses$186K
Surplus / Deficit+$35K
Total Assets$552K
Total Liabilities$9K
Net Assets$543K
Operating Margin16.0%
Debt-to-Asset Ratio1.7%
Months of Reserves35.6 months

Financial Health Grade: A

In 2023, Work Skills Foundation reported a surplus of $35K with revenue exceeding expenses, holds 35.6 months of operating reserves (strong position), has a debt-to-asset ratio of 1.7% (very low leverage).

Financial Trends

Over 10 years of filings (2011–2023), Work Skills Foundation's revenue has grown at a compound annual growth rate (CAGR) of 15.9%.

YearRevenue ChangeExpense ChangeAsset Change
2023+24.8%+13.4%+10.4%
2022-6.1%+10.9%-9.4%
2021+22.3%+26.5%+12.1%
2020-7.9%+5.0%-3.8%
2019+62.0%+183.2%+126.6%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2007

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Work Skills Foundation demonstrates consistent financial growth and strong program spending efficiency over the past decade. The organization's revenue has steadily increased from $37,546 in 2011 to $221,592 in 2023, with assets growing significantly from $50,045 to $552,159 in the same period. This indicates effective financial management and an ability to build reserves. The organization consistently reports 0% officer compensation, which is a strong indicator of volunteer leadership and a commitment to directing funds towards its mission. While specific breakdowns of program, administrative, and fundraising expenses are not provided in the summary data, the overall trend of expenses being significantly lower than revenue suggests a healthy financial position and an ability to accumulate assets for future program delivery. The low liabilities across all reported periods further underscore financial stability. Work Skills Foundation appears to be a financially sound organization with a clear focus on its mission, as evidenced by its growth, asset accumulation, and lack of executive compensation. The consistent growth in assets relative to revenue also suggests prudent financial stewardship.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Work Skills Foundation with a Mission Score of 90 out of 100 (Excellent). 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, Work Skills Foundation 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:

$222KTotal Revenue
$186KTotal Expenses
$552KTotal Assets
$9KTotal Liabilities
$543KNet Assets
  • The organization reported a surplus of $35K, with revenue exceeding expenses.
  • Debt-to-asset ratio: 1.7%.

Executive Compensation Analysis

Work Skills Foundation consistently reports 0% officer compensation across all available filings, indicating that its leadership is entirely volunteer-based or compensated through other means not categorized as officer compensation, which is a positive sign for donor confidence and resource allocation.

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.

Strengths

The following positive indicators were identified for Work Skills Foundation:

  • Consistent revenue growth from $37,546 (2011) to $221,592 (2023).
  • Significant asset accumulation, growing from $50,045 (2011) to $552,159 (2023).
  • 0% officer compensation reported across all available filings, indicating volunteer leadership.
  • Low liabilities across all periods, demonstrating strong financial stability.
  • Expenses consistently lower than revenue, allowing for asset building and future program investment.

Frequently Asked Questions about Work Skills Foundation

Is Work Skills Foundation a legitimate charity?

Work Skills Foundation (EIN: 204595453) is a registered tax-exempt nonprofit based in Michigan. Our AI analysis gives it a Mission Score of 90/100. It has 10 years of IRS 990 filings on record. Total revenue: $243K. No red flags identified. 5 strengths noted. Financial health grade: A.

How does Work Skills Foundation spend its money?

Work Skills Foundation directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Work Skills Foundation tax-deductible?

Work Skills Foundation is registered as a tax-exempt nonprofit (EIN: 204595453). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Work Skills Foundation's spending goes to programs?

Work Skills Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Work Skills Foundation compare to similar nonprofits?

With a transparency score of 90/100 (Excellent), Work Skills Foundation is above average for NTEE category T23 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Work Skills Foundation located?

Work Skills Foundation is headquartered in Brighton, Michigan and files with the IRS under EIN 204595453. It is classified under NTEE code T23.

How many years of IRS 990 filings does Work Skills Foundation have?

Work Skills Foundation has 10 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 $243K in total revenue.

Is Work Skills Foundation a good charity?

Based on the provided financial data, Work Skills Foundation appears to be a very good charity. It demonstrates consistent financial growth, strong asset accumulation, and a notable commitment to its mission by reporting 0% officer compensation across all filings.

How has Work Skills Foundation's revenue changed over time?

Work Skills Foundation has shown significant revenue growth, increasing from $37,546 in 2011 to $221,592 in 2023, indicating a strong upward trend in its financial capacity.

What is the financial health of Work Skills Foundation?

The organization's financial health is strong, with consistent revenue growth, assets growing from $50,045 in 2011 to $552,159 in 2023, and very low liabilities across all periods, suggesting excellent financial management and stability.

Filing History

IRS 990 filing history for Work Skills Foundation showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), Work Skills Foundation's revenue has grown by 490.2%, moving from $38K to $222K. Total assets increased by 1003.3% over the same period, from $50K to $552K. Total functional expenses rose by 963.4%, from $18K to $186K. In its most recent filing year (2023), Work Skills Foundation reported a surplus of $35K, with revenue exceeding expenses. The organization holds $9K in liabilities against $552K in assets (debt-to-asset ratio: 1.7%), resulting in net assets of $543K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $222K $186K $552K $9K
2022 $178K $164K $500K $298 View 990
2021 $189K $148K $552K $6K View 990
2020 $155K $117K $492K $5K View 990
2019 $168K $112K $511K $2K View 990
2015 $104K $39K $226K $1 View 990
2014 $97K $46K $173K $1 View 990
2013 $83K $77K $123K $1 View 990
2012 $123K $56K $117K $1 View 990
2011 $38K $18K $50K $0 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $222K, expenses of $186K, and assets of $552K (revenue +24.8% year-over-year).
  • 2022: Revenue of $178K, expenses of $164K, and assets of $500K (revenue -6.1% year-over-year).
  • 2021: Revenue of $189K, expenses of $148K, and assets of $552K (revenue +22.3% year-over-year).
  • 2020: Revenue of $155K, expenses of $117K, and assets of $492K (revenue -7.9% year-over-year).
  • 2019: Revenue of $168K, expenses of $112K, and assets of $511K (revenue +62.0% year-over-year).
  • 2015: Revenue of $104K, expenses of $39K, and assets of $226K (revenue +6.8% year-over-year).
  • 2014: Revenue of $97K, expenses of $46K, and assets of $173K (revenue +17.4% year-over-year).
  • 2013: Revenue of $83K, expenses of $77K, and assets of $123K (revenue -32.8% year-over-year).
  • 2012: Revenue of $123K, expenses of $56K, and assets of $117K (revenue +227.5% year-over-year).
  • 2011: Revenue of $38K, expenses of $18K, and assets of $50K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Work Skills Foundation:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Work Skills Foundation 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.

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