Civic Intelligence

Workcred Inc.

990 • Fiscal year 2023 • EIN 47-1467778

Jan 01, 2023 to Dec 31, 2023

New York, NY
Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

100th percentile

55.93x

Higher debt load relative to assets than 100% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

97th percentile

7.21x

Higher debt load relative to revenue than 97% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

4th percentile

-91%

Higher net margin than 4% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2023

Asset Growth

83rd percentile

30%

Faster asset growth than 83% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

70th percentile

22%

Faster revenue growth than 70% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Up

$129,495

Up $29,868 (+30%) from 2022

Net Assets

Down

-$7,112,708

Down $916,680 (-15%) from 2022

Liabilities

Up

$7,242,203

Up $946,548 (+15%) from 2022

Revenue

Up

$1,004,313

Up $183,255 (+22%) from 2022

Expenses

Up

$1,920,993

Up $165,311 (+9.4%) from 2022

Net Income

Up

-$916,680

Up $17,944 (+1.9%) from 2022

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$10M$5.0M$0-$5.0M-$10MAssets 2014: $63,821Liabilities 2014: $235,9672014Assets 2015: $206,542Liabilities 2015: $875,424Net Assets 2015: -$668,8822015Assets 2016: $243,081Liabilities 2016: $1,413,475Net Assets 2016: -$1,170,3942016Assets 2017: $178,176Liabilities 2017: $1,908,476Net Assets 2017: -$1,730,3002017Assets 2018: $755,960Liabilities 2018: $3,516,698Net Assets 2018: -$2,760,7382018Assets 2019: $284,126Liabilities 2019: $3,715,167Net Assets 2019: -$3,431,0412019Assets 2020: $229,792Liabilities 2020: $4,633,252Net Assets 2020: -$4,403,4602020Assets 2021: $173,191Liabilities 2021: $5,434,595Net Assets 2021: -$5,261,4042021Assets 2022: $99,627Liabilities 2022: $6,295,655Net Assets 2022: -$6,196,0282022Assets 2023: $129,495Liabilities 2023: $7,242,203Net Assets 2023: -$7,112,7082023Assets 2024: $264,430Liabilities 2024: $8,440,718Net Assets 2024: -$8,176,2882024

Highlighted filing

2023

Assets$129,495
Liabilities$7,242,203
Net Assets-$7,112,708

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0M-$2.0MRevenue 2014: $63,821Expenses 2014: $235,867Net Income 2014: -$172,0462014Revenue 2015: $214,540Expenses 2015: $711,376Net Income 2015: -$496,8362015Revenue 2016: $438,534Expenses 2016: $940,046Net Income 2016: -$501,5122016Revenue 2017: $651,583Expenses 2017: $1,211,489Net Income 2017: -$559,9062017Revenue 2018: $357,038Expenses 2018: $1,387,475Net Income 2018: -$1,030,4372018Revenue 2019: $403,821Expenses 2019: $1,074,124Net Income 2019: -$670,3032019Revenue 2020: $568,216Expenses 2020: $1,540,635Net Income 2020: -$972,4192020Revenue 2021: $750,001Expenses 2021: $1,607,945Net Income 2021: -$857,9442021Revenue 2022: $821,058Expenses 2022: $1,755,682Net Income 2022: -$934,6242022Revenue 2023: $1,004,313Expenses 2023: $1,920,993Net Income 2023: -$916,6802023Revenue 2024: $1,061,627Expenses 2024: $2,125,207Net Income 2024: -$1,063,5802024

Highlighted filing

2023

Revenue$1,004,313
Expenses$1,920,993
Net Income-$916,680
Filing Detail Status

This 2023 filing currently has summary financial data only. Detailed schedules, leadership, and program rows are not available for this filing yet.

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Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Mission and Program Overview

Mission

Formed in 2014, workcred is an affiliate of the american national standards institute (ansi). Workcred's mission is to strengthen workforce quality by improving the credentialing system, ensuring its ongoing relevance, and preparing employers, workers, educators, and governments to use it effectively.

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings