Nonprofit screen
Screen a listWorkcred 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 listing
- Listed
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- Type I
$1.1Mrevenue
FY2024 · +42% in 3 yrs6staff
8 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin−100.2%
Months of reserve1.5mo
Revenue growth (annualized)+7.2%
Middle half of peersMedianWorkcred
Where the money goes FY2024 · $2.1M spent
Programs$1.6M77%Management and general$492k23%990 FY2024 · Part IX line 25
Worth checking2
Its largest funder stopped after FY2022
Ecmc Foundation gave $758k in FY2022, 92% of revenue that year.
Funders’ 990-PF grant listsDeficits in 3 of the last 3 years
−$935k in FY2022, −$917k in FY2023 and −$1.1M in FY2024. Cash covers 1.5 months, under the peer median of 5.2.
990 Part I and balance sheetIn its favor
None found in the filings.
5funders
$340ka year, last 3 years
74%from its largest funder
Funder’17’18’19’20’21’22’23Ecmc FoundationOn and off$758kLumina Foundation for Education IncStopped after FY2019$320k$370k–The George Washington UniversityStopped after FY2018$431k$114k–Greater Texas FoundationSince FY2022$70k$117kStrada Education Foundation IncNew in FY2023$75k
FundedStopped