Nonprofit screen
Screen a listHot Workforce Development Board Inc
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(1)
$25Mrevenue
FY2024 · +41% in 3 yrs8 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin−0.0%
Months of reserve0.5mo
Revenue growth (annualized)+10.6%
Middle half of peersMedianHot Workforce Development Board
Where the money goes FY2024 · $25M spent
Programs$25M100%990 FY2024 · Part IX line 25
Worth checking1
Deficits in 3 of the last 3 years
−$63k in FY2022, −$89k in FY2023 and −$3k in FY2024. Cash covers 0.5 months, under the peer median of 2.3.
990 Part I and balance sheetIn its favor3
Strong governance
30 of 30 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements.
990 Part VIGrowing faster than peers
Revenue up 11% a year since FY2017, in the top quarter of similar nonprofits.
990 Part I · peer cohortA history of government grants
Government grants on 8 of its 8 returns, 98% of revenue in FY2024.
990 Part VIII1funder
Funded