Workforce Development Board of Fltn Montgomery & Schoharie Cnties Inc
Only null% goes to programs Thin reserves Growing revenue
Workforce Development Board of Fltn Montgomery & Schoharie Cnties Inc is a 501(c)(3) organization based in Amsterdam, New York, registered in 2005, with $1,766,013 in FY2024 revenue. CharityIndex grades it C.
2620 Riverfront Ctr, Amsterdam, NY, 12010 EIN 16-1536318 Since 2005
Revenue (FY2024)
$1.8M
▲ 9.2% vs prior year
Employment median: $367K
Expenses (FY2024)
$1.8M
Net assets
$51K
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 Workforce Development Board of Fltn Montgomery & Schoharie Cnties 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 · -2% 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 Workforce Development Board of Fltn Montgomery & Schoharie Cnties Inc: 0 mo reserves · -2% 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 Workforce Development Board of Fltn Montgomery & Schoharie Cnties 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 Workforce Development Board of Fltn Montgomery & Schoharie Cnties 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
- 2620 Riverfront Ctr, Amsterdam, NY, 12010
- City
- Amsterdam
- State
- New York
- Category
- Employment
- Subcategory
- Alliances, Advocacy & Professional Societies
- Website
- …
Financial trends
Revenue declined from $2.2M (FY2013) to $1.8M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $107KNet assets $51K
Operating margin
-1.6%
Spent more than it raised in the latest fiscal year.
Total assets
$158K
Total liabilities
$107K
Net assets
$51K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,766,013▲9.2% | $1,794,354▲11.1% | $51,329▼35.8% | $158,241▲5.8% | 990 |
| 2023 | $1,616,520▲10.7% | $1,615,247▲14.2% | $80,001▲2.4% | $149,587▲12.7% | 990 |
| 2022 | $1,460,272▲2.4% | $1,414,642▼0.9% | $78,088▲141% | $132,672▲45.5% | 990 |
| 2021 | $1,426,401▲14.4% | $1,428,029▲16.1% | $32,458▼4.8% | $91,190▼5.5% | 990 |
| 2020 | $1,246,941▼22.7% | $1,229,519▼24.1% | $34,086▲105% | $96,519▲20.5% | 990 |
| 2019 | $1,612,753▲9.4% | $1,619,837▲6.8% | $16,667▼29.8% | $80,116▼5.7% | 990 |
| 2018 | $1,473,923▲2.2% | $1,517,387▲5.8% | $23,751▼64.7% | $84,969▼11.7% | 990 |
| 2017 | $1,441,678▼6.9% | $1,433,687▼8.4% | $67,214▲13.5% | $96,222▼26.3% | 990 |
| 2016 | $1,548,173▼30.7% | $1,565,258▼29.7% | $59,227▼22.4% | $130,512▼22.8% | 990 |
| 2015 | $2,232,608▼10.2% | $2,225,450▼11.6% | $76,312▲10.4% | $169,062▼21.9% | 990 |
| 2014 | $2,485,820▲11.6% | $2,517,455▲14.4% | $69,153▼31.4% | $216,512▼19.4% | 990 |
| 2013 | $2,227,965 | $2,200,202▼10.5% | $100,787▲38.0% | $268,567▼13.7% | 990 |
| 2012 | — | $2,457,634▲23.2% | $73,023▲4.9% | $311,091▲15.5% | 990 |
| 2011 | — | $1,995,620▼18.2% | $69,584▼30.2% | $269,284▼22.6% | 990 |
| 2010 | — | $2,438,720 | $99,730 | $347,870 | 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
National Pulic Employees Union
Ronkonkoma, NY
$1.8M
C+annual revenue
- Employment
Cement & Concrete Workers District Council Laborers Employers Coopera
Bayside, NY
$1.7M
C+annual revenue
Employment
Workforce Professionals Traininginstitute
New York, NY
$1.7M
Bannual revenue
- Employment
Amalgamated Production & Service Employees Union Local 22
Valley Stream, NY
$1.7M
C+annual revenue
- Employment
International Alliance Theatrical Stage Employees & Moving Picture
New York, NY
$1.8M
C+annual revenue
Employment
Cattaraugus-allegny Workforce Investment Board Inc
Olean, NY
$1.8M
Cannual revenue
- Employment
United Association of Journeymen & Apprentices of the Plumbing & Pipe
Mountainville, NY
$1.8M
C+annual revenue
- Employment
Manhattan Bowery Management Corp
New York, NY
$1.9M
C+annual revenue
- Employment
Rochester Electrical Joint Apprenticeship and Training Tr
Rochester, NY
$1.7M
C+annual revenue
- Employment
Iron Workers Local No 417 and Employers Cooperative Tr
Wallkill, NY
$1.9M
C+annual revenue
Compare Workforce Development Board of Fltn Montgomery & Schoharie Cnties Inc
Frequently asked questions
- Is Workforce Development Board of Fltn Montgomery & Schoharie Cnties Inc a legitimate nonprofit?
- Yes. Workforce Development Board of Fltn Montgomery & Schoharie Cnties Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 16-1536318, based in Amsterdam, New York. Donations are tax-deductible.
- What is Workforce Development Board of Fltn Montgomery & Schoharie Cnties Inc's EIN?
- Workforce Development Board of Fltn Montgomery & Schoharie Cnties Inc's Employer Identification Number (EIN) is 16-1536318.
- How much revenue does Workforce Development Board of Fltn Montgomery & Schoharie Cnties Inc report?
- Workforce Development Board of Fltn Montgomery & Schoharie Cnties Inc reported $1,766,013 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Workforce Development Board of Fltn Montgomery & Schoharie Cnties Inc have?
- CharityIndex grades Workforce Development Board of Fltn Montgomery & Schoharie Cnties Inc C, based on financial health (reserves and operating margin).
More nonprofits in Amsterdam
Explore more
Data for Workforce Development Board of Fltn Montgomery & Schoharie Cnties Inc (EIN 16-1536318) 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.