Workshop Inc

Workshop Inc maintains stable finances despite declining revenue, reporting no officer compensation.

EIN: 141410352 · Menands, NY · NTEE: J330 · Updated: 2026-03-28

$4.9MRevenue
$3.9MAssets
85/100Mission Score (Excellent)
J330
Workshop Inc Financial Summary
MetricValue
Total Revenue$4.9M
Total Expenses$4.6M
Program Spending85%
Net Assets$2.6M
Transparency Score85/100

Search Intent Cockpit

Workshop Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals

Workshop 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 Workshop Inc in one place.

Form 990 Filing Summary

10 filing years are available, with latest revenue of $4.9M and expenses of $4.6M.

Revenue and Expenses

Workshop Inc reported $4.9M in revenue and $4.6M in expenses, a surplus of $303K.

Executive Compensation

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

Charity Score and Red Flags

85/100 mission score, 2 red flags, and 4 strengths are shown from structured and AI review.

Is Workshop Inc Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed 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

Workshop Inc Expense Deployment
Program services$3.9M (85%)

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

Decision Cockpit

One-Stop Donor, Research, and Peer Context Hub

Workshop Inc Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsGood filing record; 2 red flags identified
Mission spend85% to programsExcellent
Financial durabilityGrade A10 stored filing years
Peer contextCompare with Healthy Capital District InitiativeNew York and Category J context

Trust Check

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Peer Benchmark

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Menands, NY nonprofits
Category J in New York
Human Services in New York

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Donation Decision Flow

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85% of spending goes to programs.

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

About Workshop Inc

Workshop Inc (EIN: 141410352) is a nonprofit organization based in Menands, NY, classified under NTEE code J330. The organization reported total revenue of $4.9M and total assets of $3.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Workshop Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

70Years Operating
Mid-SizeSize Classification
10Years of Filings
MixedRevenue Trajectory

Workshop Inc is a mid-size nonprofit that has been operating for 70 years, with 10 years of IRS 990 filings on record (2011–2020). Revenue has grown at a compound annual rate of -0.8%.

Key Financial Metrics (2020)

From the most recent IRS 990 filing on record:

Total Revenue$4.9M
Total Expenses$4.6M
Surplus / Deficit+$303K
Total Assets$3.9M
Total Liabilities$1.3M
Net Assets$2.6M
Operating Margin6.2%
Debt-to-Asset Ratio32.9%
Months of Reserves10.2 months

Financial Health Grade: A

In 2020, Workshop Inc reported a surplus of $303K with revenue exceeding expenses, holds 10.2 months of operating reserves (strong position), has a debt-to-asset ratio of 32.9% (moderate leverage).

Financial Trends

Over 10 years of filings (2011–2020), Workshop Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.8%.

YearRevenue ChangeExpense ChangeAsset Change
2020-9.4%-15.1%+1.1%
2019-15.2%+1.0%+3.7%
2018+16.3%-2.3%+22.5%
2017-11.8%-11.8%-4.7%
2016-4.0%-3.9%-4.4%

IRS Tax-Exempt Classification

IRS Classification Codes2000
IRS Ruling Date1956

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

AI Transparency Report

Workshop Inc demonstrates a generally stable financial position, though it has experienced a decline in revenue from a peak of $6,565,796 in 2014 to $4,869,507 in 2020. Despite this revenue decrease, the organization has consistently managed its expenses, often operating with a very small surplus or deficit, indicating tight financial management. For instance, in 2020, revenue was $4,869,507 against expenses of $4,566,237, resulting in a surplus. The organization's assets have shown a gradual increase over the decade, from $2,954,893 in 2011 to $3,888,249 in 2020, suggesting a healthy accumulation of resources relative to its liabilities, which have also been managed effectively. Regarding spending efficiency, the consistent near-zero officer compensation across all reported years is a significant indicator of efficient use of funds, as it suggests that top leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which is unusual for an organization of this size. This practice, if sustained, would free up a substantial portion of funds for program delivery. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is challenging. The overall financial trend suggests a cautious and well-managed approach to its budget. Transparency is positively impacted by the consistent filing of IRS Form 990s over a decade, providing a clear historical financial record. The absence of reported officer compensation is a notable point for transparency, as it either indicates a highly volunteer-driven leadership or a reporting nuance that would benefit from further clarification to fully understand executive remuneration practices. The organization's ability to maintain a positive asset trend while managing revenue fluctuations speaks to a degree of financial resilience and responsible stewardship.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Workshop Inc with a Mission Score of 85 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, Workshop 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 (2020)

From the most recent IRS 990 filing on record:

$4.9MTotal Revenue
$4.6MTotal Expenses
$3.9MTotal Assets
$1.3MTotal Liabilities
$2.6MNet Assets
  • The organization reported a surplus of $303K, with revenue exceeding expenses.
  • Debt-to-asset ratio: 32.9%.

Executive Compensation Analysis

Workshop Inc consistently reports 0% officer compensation across all ten years of filings, which is highly unusual for an organization with annual revenues in the multi-million dollar range. This suggests either a fully volunteer executive leadership or that executive compensation is categorized differently within their financial reporting, warranting further investigation for complete transparency.

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 Workshop Inc's IRS 990 filings:

  • Unusually low (0%) reported officer compensation, which may obscure actual executive remuneration practices.
  • Significant decline in annual revenue from $6,565,796 in 2014 to $4,869,507 in 2020 without clear explanation in provided data.

Strengths

The following positive indicators were identified for Workshop Inc:

  • Consistent financial reporting with 10 years of IRS 990 filings.
  • Effective expense management, consistently operating near break-even or with a small surplus.
  • Growing asset base, increasing from $2,954,893 in 2011 to $3,888,249 in 2020, indicating financial stability.
  • Low liabilities relative to assets, suggesting good financial health and solvency.

Frequently Asked Questions about Workshop Inc

Is Workshop Inc a legitimate charity?

Workshop Inc (EIN: 141410352) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $4.9M. 2 red flags identified. 4 strengths noted. Financial health grade: A.

How does Workshop Inc spend its money?

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

Are donations to Workshop Inc tax-deductible?

Workshop Inc is registered as a tax-exempt nonprofit (EIN: 141410352). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Workshop Inc's spending goes to programs?

Workshop Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Workshop Inc compare to similar nonprofits?

With a transparency score of 85/100 (Excellent), Workshop Inc is above average for NTEE category J330 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Workshop Inc located?

Workshop Inc is headquartered in Menands, New York and files with the IRS under EIN 141410352. It is classified under NTEE code J330.

How many years of IRS 990 filings does Workshop Inc have?

Workshop Inc 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 $4.9M in total revenue.

How does Workshop Inc sustain its operations with 0% reported officer compensation?

The consistent reporting of 0% officer compensation across all ten years of IRS 990 filings is highly unusual for an organization with multi-million dollar revenues. This could indicate that executive leadership is entirely volunteer-based, or that compensation for key executives is reported under different expense categories (e.g., program staff salaries if executives also perform program duties) or through a related organization. Further detail from the organization would be needed to clarify this.

What caused the decline in revenue from $6.5 million in 2014 to $4.8 million in 2020?

Workshop Inc experienced a significant revenue decline from a peak of $6,565,796 in 2014 to $4,869,507 in 2020. The IRS 990 data alone does not specify the reasons for this decline, which could be attributed to various factors such as changes in funding sources, economic conditions, or shifts in program scope. An analysis of the organization's program activities and funding streams would be necessary to understand this trend.

What is the detailed breakdown of program, administrative, and fundraising expenses?

While the IRS 990 filings provide overall expense figures, a detailed breakdown of program, administrative, and fundraising expenses is not explicitly provided in the summary data. A deeper dive into the full 990 forms would be required to ascertain the exact percentages allocated to each category, which is crucial for a comprehensive assessment of spending efficiency.

Filing History

IRS 990 filing history for Workshop Inc showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2020), Workshop Inc's revenue has declined by 7.3%, moving from $5.3M to $4.9M. Total assets increased by 31.6% over the same period, from $3.0M to $3.9M. Total functional expenses fell by 13.1%, from $5.3M to $4.6M. In its most recent filing year (2020), Workshop Inc reported a surplus of $303K, with revenue exceeding expenses. The organization holds $1.3M in liabilities against $3.9M in assets (debt-to-asset ratio: 32.9%), resulting in net assets of $2.6M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2020 $4.9M $4.6M $3.9M $1.3M
2019 $5.4M $5.4M $3.8M $1.5M View 990
2018 $6.3M $5.3M $3.7M $1.4M View 990
2017 $5.4M $5.4M $3.0M $1.7M View 990
2016 $6.2M $6.2M $3.2M $1.9M View 990
2015 $6.4M $6.4M $3.3M $2.0M View 990
2014 $6.6M $6.6M $3.3M $2.0M View 990
2013 $6.5M $6.5M $3.2M $1.9M View 990
2012 $6.6M $6.6M $3.0M $1.8M View 990
2011 $5.3M $5.3M $3.0M $1.7M View 990

Year-by-Year Financial Summary

  • 2020: Revenue of $4.9M, expenses of $4.6M, and assets of $3.9M (revenue -9.4% year-over-year).
  • 2019: Revenue of $5.4M, expenses of $5.4M, and assets of $3.8M (revenue -15.2% year-over-year).
  • 2018: Revenue of $6.3M, expenses of $5.3M, and assets of $3.7M (revenue +16.3% year-over-year).
  • 2017: Revenue of $5.4M, expenses of $5.4M, and assets of $3.0M (revenue -11.8% year-over-year).
  • 2016: Revenue of $6.2M, expenses of $6.2M, and assets of $3.2M (revenue -4.0% year-over-year).
  • 2015: Revenue of $6.4M, expenses of $6.4M, and assets of $3.3M (revenue -2.0% year-over-year).
  • 2014: Revenue of $6.6M, expenses of $6.6M, and assets of $3.3M (revenue +0.8% year-over-year).
  • 2013: Revenue of $6.5M, expenses of $6.5M, and assets of $3.2M (revenue -0.7% year-over-year).
  • 2012: Revenue of $6.6M, expenses of $6.6M, and assets of $3.0M (revenue +24.8% year-over-year).
  • 2011: Revenue of $5.3M, expenses of $5.3M, and assets of $3.0M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Workshop Inc:

2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Workshop 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.

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