Human Resource Development & Employment Inc
Only null% goes to programs Strong reserves Growing revenue
Human Resource Development & Employment Inc is a 501(c)(3) organization based in Morgantown, West Virginia, registered in 1978, with $1,001,163 in FY2023 revenue. CharityIndex grades it B.
1369 Stewartstown Rd, Morgantown, WV, 26505 EIN 55-0561496 Since 1978
Revenue (FY2023)
$1.0M
▼ 22.3% vs prior year
Employment median: $367K
Expenses (FY2023)
$967K
Net assets
$2.2M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Human Resource Development & Employment Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating28 mo reserves · +3% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Human Resource Development & Employment Inc: 28 mo reserves · +3% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Human Resource Development & Employment Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Human Resource Development & Employment Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 1369 Stewartstown Rd, Morgantown, WV, 26505
- City
- Morgantown
- State
- West Virginia
- Category
- Employment
- Subcategory
- Employment Preparation & Placement
- Website
- …
Financial trends
Revenue grew from $702K (FY2013) to $1.0M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $632KNet assets $2.2M
Operating margin
3.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.9M
Total liabilities
$632K
Net assets
$2.2M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $1,001,163▼22.3% | $966,732▲13.6% | $2,240,237▲1.6% | $2,871,977▲1.4% | 990 |
| 2022 | $1,288,696▲111% | $850,855▼5.1% | $2,205,806▲24.8% | $2,831,202▲18.3% | 990 |
| 2021 | $611,922▼15.2% | $896,257▲13.9% | $1,767,965▼19.1% | $2,392,908▼15.4% | 990 |
| 2020 | $722,006▲1.4% | $787,210▲12.8% | $2,184,249▲21.8% | $2,829,102▲1.4% | 990 |
| 2019 | $711,798▲8.7% | $697,922▼11.1% | $1,792,842▲0.8% | $2,789,182▲18.5% | 990 |
| 2018 | $654,678▼2.0% | $785,475▲6.1% | $1,778,966▼6.8% | $2,352,844▼2.6% | 990 |
| 2017 | $667,781▼2.0% | $740,290▼0.9% | $1,909,763▼4.7% | $2,416,404▼4.7% | 990 |
| 2016 | $681,072▲8.5% | $746,887▲10.4% | $2,004,597▼3.2% | $2,535,803▼2.0% | 990 |
| 2015 | $627,493▲0.4% | $676,541▼11.5% | $2,070,412▼2.3% | $2,586,920▼1.7% | 990 |
| 2014 | $625,171▼11.0% | $764,040▼5.6% | $2,119,460▼6.1% | $2,632,967▼4.8% | 990 |
| 2013 | $702,418 | $809,702▼10.0% | $2,258,329▼4.5% | $2,765,585▼4.7% | 990 |
| 2012 | — | $899,401▼9.7% | $2,365,613▼9.0% | $2,900,987▼7.6% | 990 |
| 2011 | — | $996,359▼3.3% | $2,600,058▼9.9% | $3,139,477▼26.4% | 990 |
| 2010 | — | $1,030,329▼24.9% | $2,885,603▼8.6% | $4,264,744▼19.2% | 990 |
| 2009 | — | $1,372,824 | $3,158,573 | $5,277,432 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Similar organizations in Employment
- Employment
Ironworkers Joint Apprentice Fund
Wheeling, WV
$801K
C+annual revenue
Employment
Gateway Industries Inc
Ronceverte, WV
$1.2M
Bannual revenue
- Employment
Buckhannon-upshur Work Adjustment Center Inc
Buckhannon, WV
$714K
C+annual revenue
- Employment
Mercer County Opportunity Industries Inc
Princeton, WV
$713K
C+annual revenue
- Employment
Sheltered Workshop of Nicholas County Inc
Craigsville, WV
$695K
Cannual revenue
- Employment
Special Services Sheltered Workshop
Romney, WV
$1.4M
C+annual revenue
- Employment
Summersville Volunteer Fire Department Inc
Summersville, WV
$591K
Cannual revenue
- Employment
Connec Train Corp
Charleston, WV
$556K
Fannual revenue
- Employment
Operating Engineers Labor Mgmt Cooperative & Educational Tr
Charleston, WV
$523K
C+annual revenue
- Employment
Charleston Joint Apprenticeship Committee
Charleston, WV
$518K
Cannual revenue
Compare Human Resource Development & Employment Inc
Frequently asked questions
- Is Human Resource Development & Employment Inc a legitimate nonprofit?
- Yes. Human Resource Development & Employment Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 55-0561496, based in Morgantown, West Virginia. Donations are tax-deductible.
- What is Human Resource Development & Employment Inc's EIN?
- Human Resource Development & Employment Inc's Employer Identification Number (EIN) is 55-0561496.
- How much revenue does Human Resource Development & Employment Inc report?
- Human Resource Development & Employment Inc reported $1,001,163 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Human Resource Development & Employment Inc have?
- CharityIndex grades Human Resource Development & Employment Inc B, based on financial health (reserves and operating margin).
More nonprofits in Morgantown
Explore more
Data for Human Resource Development & Employment Inc (EIN 55-0561496) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.