Local Area 1 Workforce Investment Board Inc
Only null% goes to programs Thin reserves Growing revenue
Local Area 1 Workforce Investment Board Inc is a 501(c)(3) organization based in Salina, Kansas, registered in 2002, with $2,243,215 in FY2023 revenue. CharityIndex grades it C.
631 E Crawford St Ste 207, Salina, KS, 67401 EIN 48-1248107 Since 2002
Revenue (FY2023)
$2.2M
▲ 1.1% vs prior year
Human Services median: $293K
Expenses (FY2023)
$2.2M
Net assets
$4,595
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C
—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 Local Area 1 Workforce Investment Board Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CFinancial health25% of the rating0 mo reserves · -0% 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 Local Area 1 Workforce Investment Board Inc: 0 mo reserves · -0% margin earns a C 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 Local Area 1 Workforce Investment Board Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 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 Local Area 1 Workforce Investment Board Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 631 E Crawford St Ste 207, Salina, KS, 67401
- City
- Salina
- State
- Kansas
- Category
- Human Services
- Subcategory
- Human Service Organizations
Financial trends
Revenue declined from $3.4M (FY2013) to $2.2M (FY2023) across 10 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $531KNet assets $4,595
Operating margin
-0.1%
Spent more than it raised in the latest fiscal year.
Total assets
$536K
Total liabilities
$531K
Net assets
$4,595
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $2,243,215▲1.1% | $2,244,579▲1.1% | $4,595▼22.9% | $536,013▼6.4% | 990 |
| 2022 | $2,219,150▲20.8% | $2,221,178▲20.8% | $5,959▼25.4% | $572,751▲192% | 990 |
| 2021 | $1,837,296▼4.5% | $1,838,175▼4.0% | $7,987▼9.9% | $196,396▲10.5% | 990 |
| 2020 | $1,923,121▼25.4% | $1,914,671▼25.7% | $8,866▲2168% | $177,708▼21.3% | 990 |
| 2018 | $2,577,855▼4.5% | $2,577,464▼4.5% | $391 | $225,726▼14.7% | 990 |
| 2017 | $2,698,127▼1.9% | $2,698,127▼1.9% | $0 | $264,487▼46.0% | 990 |
| 2016 | $2,751,777▲26.6% | $2,751,777▲26.6% | $0 | $489,361▲68.5% | 990 |
| 2015 | $2,173,677▼28.5% | $2,173,677▼28.5% | $0 | $290,456▲51.1% | 990 |
| 2014 | $3,039,223▼10.5% | $3,039,223▼10.5% | $0 | $192,173▲26.2% | 990 |
| 2013 | $3,395,691 | $3,395,691▼6.4% | $0 | $152,330▲8.7% | 990 |
| 2012 | — | $3,626,990▲10.1% | $0 | $140,171▲45.9% | 990 |
| 2011 | — | $3,293,144▲45.8% | $0 | $96,059▲59.6% | 990 |
| 2010 | — | $2,258,368▼23.3% | $0 | $60,190▼41.6% | 990 |
| 2009 | — | $2,944,365 | $0 | $103,049 | 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.
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Compare Local Area 1 Workforce Investment Board Inc
Frequently asked questions
- Is Local Area 1 Workforce Investment Board Inc a legitimate nonprofit?
- Yes. Local Area 1 Workforce Investment Board Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 48-1248107, based in Salina, Kansas. Donations are tax-deductible.
- What is Local Area 1 Workforce Investment Board Inc's EIN?
- Local Area 1 Workforce Investment Board Inc's Employer Identification Number (EIN) is 48-1248107.
- How much revenue does Local Area 1 Workforce Investment Board Inc report?
- Local Area 1 Workforce Investment Board Inc reported $2,243,215 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Local Area 1 Workforce Investment Board Inc have?
- CharityIndex grades Local Area 1 Workforce Investment Board Inc C, based on financial health (reserves and operating margin).
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Data for Local Area 1 Workforce Investment Board Inc (EIN 48-1248107) 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.