Liabilities / Assets
89th percentile
Higher debt load relative to assets than 89% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.42x
Liabilities / Revenue
100th percentile
Higher debt load relative to revenue than 100% of similar nonprofits.
Net Margin
6th percentile
Higher net margin than 6% of similar nonprofits.
Top Officer Pay
78th percentile
Higher top officer pay than 78% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
46th percentile
Faster asset growth than 46% of similar nonprofits.
Revenue Growth
2nd percentile
Faster revenue growth than 2% of similar nonprofits.
Balance Sheet
Assets
Down$38,977
Down $95 (-0.2%) from 2021
Net Assets
Down$22,644
Down $95 (-0.4%) from 2021
Liabilities
Flat$16,333
Flat from 2021
Revenue And Expenses
Revenue
Down$85
Down $30,311 (-100%) from 2021
Expenses
Down$180
Down $29,792 (-99%) from 2021
Net Income
Down-$95
Down $519 (-122%) from 2021
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2022 to Dec 31, 2022
- Signed
- Nov 6, 2023
- Return Version
- 2022v5.0
- Gross Receipts
- $85
Mission and Program Overview
Mission
Worksmith Institute serves as the administrative entity for public and private grant funds for the purpose of providing financial support for students of the Commonwealth of Pennsylvania enrolled in post-secondary educational programs which prepare them to enter the work force. The students targeted are those who have financial needs not met through other sources.
SEE SCHEDULE O
Program Services
| Description | Grants | Expenses |
|---|---|---|
| SCHOLARSHIP GRANTS ARE AWARDED TO STUDENT PARTICIPANTS | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| JAMES R AGRAS | President | - | $0 | - | - |
| ELECTRA P AGRAS | Secretary | - | $0 | - | - |
| TIMOTHY J MCMAHON | Executive Vice President | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Worksmith Institute
- EIN
- 25-1722549
- Address
- 1940 PERRYSVILLE AVENUE STE 680, PITTSBURGH, PA 15214
Signing Officer
- Name
- James R Agras
- Title
- President
- Phone
- 4123591000
- Signed
- 2023-11-06
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Deverson Tanack & Willison
- Address
- 1121 BOYCE ROAD - SUITE 500, PITTSBURGH, PA 15241
- Preparer
- Thomas E Ostrowski
- Phone
- 7249424334
Supplemental Narrative
Additional Explanations
List of grants and similar amounts paid Part I line 10
“Activity scholarships grantee various scholarship recipients”
Description of other expenses Part I line 16
“Description amountoffice expenses 180”
Description of total liabilities Part II line 26
“Category beginning of year end of yeardeferred revenues 16,333 16,333”
Part III response or note to any other line in Part III
“Worksmith institute serves as the administative entity for public and private grant funds for the purpose of providing financial support for students of the commonwealth of pennsylvania enrolled in post secondary educational programs which prepare them to enter the work force. The students targeted are those who have financial needs not met through other souces.”
Raw XML Appendix157 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/AddressChangeInd | 0 | X |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | JAMES R AGRAS |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 4123591000 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 1940 PERRYSVILLE AVENUE |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | PITTSBURGH |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | PA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 15214 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 39072 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 38977 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -95 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 39072 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 38977 |
| IRS990EZ/GrossReceiptsAmt | 0 | 85 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 85 |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 0 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 0 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 22739 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 22644 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 22739 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 22644 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 0.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | JAMES R AGRAS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | ELECTRA P AGRAS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | TIMOTHY J MCMAHON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | EXECUTIVE VICE PRESIDENT |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 180 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | SEE SCHEDULE O |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | SCHOLARSHIP GRANTS ARE AWARDED TO STUDENT PARTICIPANTS |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 16333 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 16333 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 180 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/TotalRevenueAmt | 0 | 85 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 29192 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 374246 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 517731 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 95491 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 1016660 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt | 0 | 85 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt | 0 | 4 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 184 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 2693 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 1871 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt | 0 | 4837 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt | 0 | 1200 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt | 0 | 1200 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt | 0 | 1200 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 3600 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt | 0 | 85 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt | 0 | 4 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt | 0 | 184 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt | 0 | 2693 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt | 0 | 1871 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt | 0 | 4837 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00000 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.00000 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0.99530 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 0.99510 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 1020260 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 30392 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 375446 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 518931 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 95491 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 1020260 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 85 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 30396 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 375630 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 521624 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 97362 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 1025097 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | ACTIVITY SCHOLARSHIPS GRANTEE VARIOUS SCHOLARSHIP RECIPIENTS |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION AMOUNTOFFICE EXPENSES 180 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | CATEGORY BEGINNING OF YEAR END OF YEARDEFERRED REVENUES 16,333 16,333 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | WORKSMITH INSTITUTE SERVES AS THE ADMINISTATIVE ENTITY FOR PUBLIC AND PRIVATE GRANT FUNDS FOR THE PURPOSE OF PROVIDING FINANCIAL SUPPORT FOR STUDENTS OF THE COMMONWEALTH OF PENNSYLVANIA ENROLLED IN POST SECONDARY EDUCATIONAL PROGRAMS WHICH PREPARE THEM TO ENTER THE WORK FORCE. THE STUDENTS TARGETED ARE THOSE WHO HAVE FINANCIAL NEEDS NOT MET THROUGH OTHER SOUCES. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | List of grants and similar amounts paid Part I line 10 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Description of other expenses Part I line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Description of total liabilities Part II line 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Part III response or note to any other line in Part III |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd | 0 | 00 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 0 |
| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | JAMES R AGRAS |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 4123591000 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2023-11-06 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | WORKSMITH INSTITUTE |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | WORK |
| ReturnHeader/Filer/EIN | 0 | 251722549 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 1940 PERRYSVILLE AVENUE STE 680 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | PITTSBURGH |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | PA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 15214 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 874031951 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | DEVERSON TANACK & WILLISON |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 1121 BOYCE ROAD - SUITE 500 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | PITTSBURGH |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | PA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 15241 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 7249424334 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2023-11-09 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | THOMAS E OSTROWSKI |
| ReturnHeader/ReturnTs | 0 | 2023-11-09T05:53:51-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | JAMES |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | AGRAS |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2022-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2022-12-31 |
| ReturnHeader/TaxYr | 0 | 2022 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $38,977
- Liabilities
- $16,333
- Net assets
- $22,644
- Revenue
- $85
- Expenses
- $180
- Net income
- -$95