South Central Region 8 Workforce Board Inc
Only null% goes to programs Thin reserves Growing revenue
South Central Region 8 Workforce Board Inc is a 501(c)(3) organization based in Bloomington, Indiana, registered in 2007, with $6,173,882 in FY2024 revenue. CharityIndex grades it C.
333 S Landmark Ave, Bloomington, IN, 47403 EIN 20-4935443 Since 2007
Revenue (FY2024)
$6.2M
▲ 23.6% vs prior year
Community median: $184K
Expenses (FY2024)
$6.2M
Net assets
$0
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 South Central Region 8 Workforce 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 South Central Region 8 Workforce 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 South Central Region 8 Workforce 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 South Central Region 8 Workforce Board Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 333 S Landmark Ave, Bloomington, IN, 47403
- City
- Bloomington
- State
- Indiana
- Subcategory
- Economic Development
Financial trends
Revenue grew from $2.4M (FY2013) to $6.2M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $1.3MNet assets $0
Operating margin
0.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.3M
Total liabilities
$1.3M
Net assets
$0
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $6,173,882▲23.6% | $6,173,882▲23.6% | $0 | $1,251,885▲8.5% | 990 |
| 2023 | $4,995,595▲15.7% | $4,995,595▲15.7% | $0 | $1,153,941▲35.3% | 990 |
| 2022 | $4,317,394▼2.4% | $4,317,394▼2.6% | $0 | $852,728▲7.4% | 990 |
| 2021 | $4,424,435▲18.7% | $4,433,974▲19.2% | $0▼100% | $793,725▲15.5% | 990 |
| 2020 | $3,728,135▲29.3% | $3,718,596▲29.0% | $9,539 | $687,073▲117% | 990 |
| 2019 | $2,882,953▼3.2% | $2,882,953▼3.2% | $0 | $316,424▼49.5% | 990 |
| 2018 | $2,976,901▼8.8% | $2,976,901▼8.8% | $0 | $626,715▲89.8% | 990 |
| 2017 | $3,263,914▲1.8% | $3,263,914▲1.8% | $0 | $330,250▲15.3% | 990 |
| 2016 | $3,205,012▲7.5% | $3,205,012▲7.5% | $0 | $286,393▼11.2% | 990 |
| 2015 | $2,980,072▲1.5% | $2,980,072▲1.5% | $0 | $322,370▲0.1% | 990 |
| 2014 | $2,936,827▲21.3% | $2,936,827▲21.3% | $0 | $321,993▲31.6% | 990 |
| 2013 | $2,422,056 | $2,422,056▲5.6% | $0 | $244,720▲20.8% | 990 |
| 2012 | — | $2,294,365▼4.8% | $0 | $202,618▼5.8% | 990 |
| 2011 | — | $2,410,335▼30.0% | $0 | $215,191▼30.5% | 990 |
| 2010 | — | $3,443,222▲13.8% | $0 | $309,672▲15.8% | 990 |
| 2009 | — | $3,025,700 | $0 | $267,414 | 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.
Grants received · $110K total
1 grant to South Central Region 8 Workforce Board Inc totaling $110K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Local Initiatives Support Corporation | See part iv | 2023 | $110,000 |
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Frequently asked questions
- Is South Central Region 8 Workforce Board Inc a legitimate nonprofit?
- Yes. South Central Region 8 Workforce Board Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 20-4935443, based in Bloomington, Indiana. Donations are tax-deductible.
- What is South Central Region 8 Workforce Board Inc's EIN?
- South Central Region 8 Workforce Board Inc's Employer Identification Number (EIN) is 20-4935443.
- How much revenue does South Central Region 8 Workforce Board Inc report?
- South Central Region 8 Workforce Board Inc reported $6,173,882 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does South Central Region 8 Workforce Board Inc have?
- CharityIndex grades South Central Region 8 Workforce Board Inc C, based on financial health (reserves and operating margin).
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Data for South Central Region 8 Workforce Board Inc (EIN 20-4935443) 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.