MENOMONIE, WI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)WORKFORCE RESOURCE INC, founded in 1983, is a mid-sized nonprofit in the Employment sector that reported $10.8M in total revenue in fiscal year 2023. Revenue surged 23% from the prior year, signaling strong growth momentum.
THE MISSION OF WORKFORCE RESOURCE, INC. IS TO EMPOWER PEOPLE THROUGH EMPLOYMENT.
WISCONSIN WORKS (W-2) PROGRAMS: WORKFORCE RESOURCE, INC. IS CONTRACTED WITH THE STATE OF WISCONSIN DEPARTMENT OF CHILDREN AND FAMILIES TO OPERATE WISCONSIN WORKS (W-2) PROGRAMS IN ASHLAND, BARRON...
WISCONSIN WORKS (W-2) PROGRAMS: WORKFORCE RESOURCE, INC. IS CONTRACTED WITH THE STATE OF WISCONSIN DEPARTMENT OF CHILDREN AND FAMILIES TO OPERATE WISCONSIN WORKS (W-2) PROGRAMS IN ASHLAND, BARRON, BAYFIELD, BURNETT, CHIPPEWA, CLARK, DOUGLAS, DUNN, EAU CLAIRE, IRON, PIERCE, POLK, RUSK, ST. CROIX, SAWYER, AND WASHBURN COUNTIES.THE GOAL OF WISCONSIN WORKS (W-2) IS TO PROVIDE NECESSARY AND APPROPRIATE SERVICES TO PREPARE INDIVIDUALS TO WORK, AND TO OBTAIN AND MAINTAIN VIABLE, SELF-SUSTAINING EMPLOYMENT, WHICH WILL PROMOTE ECONOMIC GROWTH. W-2 IS DESIGNED TO ENSURE THAT EVERYONE IN WISCONSIN SHARES IN OUR ECONOMIC OPPORTUNITIES.WISCONSIN WORKS (W-2) IS BASED ON WORK PARTICIPATION AND PERSONAL RESPONSIBILITY. THE PROGRAM PROVIDES EMPLOYMENT PREPARATION SERVICES, CASH MANAGEMENT AND CASH ASSISTANCE TO ELIGIBLE FAMILIES.WORKFORCE RESOURCE, INC. ASSISTED 585 INDIVIDUAL CLIENTS DURING THE FISCAL YEAR. 100 INDIVIDUALS WERE ASSISTED INTO FULLTIME EMPLOYMENT.
OTHER PROGRAMS:THE INDEPENDENT LIVING PROGRAM PROVIDES SERVICES TO YOUTH WHO ARE AGING OUT OF FOSTER CARE. THE PRGORAM WAS AWARDED REGION 6 IN 2024 - NOW HAVE REGION 6 & REGION 7FAST FORWARD GRANTS...
OTHER PROGRAMS:THE INDEPENDENT LIVING PROGRAM PROVIDES SERVICES TO YOUTH WHO ARE AGING OUT OF FOSTER CARE. THE PRGORAM WAS AWARDED REGION 6 IN 2024 - NOW HAVE REGION 6 & REGION 7FAST FORWARD GRANTS FOCUS ON INDUSTRY TRAINING AND BASIC JOB SKILLS.
FOOD SHARE EMPLOYMENT AND TRAINING (FSET):THE FSET PROGRAM IS AN EMPLOYMENT AND TRAINING PROGRAM OPERATED AS PART OF THE FEDERAL SUPPLEMENTAL NUTRITION ASSISTANCE PROGRAM (SNAP), WHICH IS KNOWN AS...
FOOD SHARE EMPLOYMENT AND TRAINING (FSET):THE FSET PROGRAM IS AN EMPLOYMENT AND TRAINING PROGRAM OPERATED AS PART OF THE FEDERAL SUPPLEMENTAL NUTRITION ASSISTANCE PROGRAM (SNAP), WHICH IS KNOWN AS FOODSHARE (FS) IN WISCONSIN. BOTH FS AND ITS FSET COMPONENT ARE ADMINISTERED BY THE WISCONSIN DEPARTMENT OF HEALTH SERVICES (DHS).ACCORDING TO THE FEDERAL FOOD AND NUTRITION ACT OF 2008, THE PURPOSE OF FSET IS TO PROVIDE FS MEMBERS WITH OPPORTUNITIES TO GAIN SKILLS, TRAINING AND EXPERIENCE NEEDED TO IMPROVE EMPLOYMENT PROSPECTS AND REDUCE RELIANCE ON FS BENEFITS. THE PROGRAM ALSO OFFERS FS MEMBERS A WAY TO MEET THE WORK REQUIREMENTS STIPULATED IN THE FOOD AND NUTRITION ACT OF 2008.THE GOAL OF FSET IS TO PROVIDE FS MEMBERS THE ASSISTANCE AND SUPPORT THEY NEED TO OBTAIN AND MAINTAIN COMPETITIVE EMPLOYMENT. THE OBJECTIVE OF FSET IS TO DRAW UPON THE STRENGTHS, NEEDS AND PREFERENCES OF INDIVIDUAL JOB SEEKERS BY OFFERING AN ARRAY OF EMPLOYMENT AND TRAINING SERVICES INTENDED TO FACILITATE AN EFFICIENT USE OF RESOURCES TO ASSIST FSET VOLUNTEERS TO MOVE PROMPTLY INTO UNSUBSIDIZED EMPLOYMENT. IN ADDITION TO EMPLOYMENT AND TRAINING SERVICES, THE FSET PROGRAM OFFERS ASSISTANCE TO FS MEMBERS WHILE THEY LOOK FOR WORK. OFFERED ASSISTANCE INCLUDES HELP WITH RESUMES AND APPLICATIONS, TRANSPORTATION SUPPORT, WORK-READINESS WORKSHOPS, INTERVIEW ASSISTANCE, AND WORK EXPERIENCE VOLUNTEER PLACEMENTS. TOTAL PARTICIPANTS SERVED LAST YEAR WAS 2,385 WITH 1,144 ENTERING EMPLOYMENT. REGION 8 WAS AWARDED TO ANOTHER PROVIDER AND WE STOPPED SERVICES ON SEPT 30, 2024.. WE STILL HAVE REGION 7.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $10,806,342 | $8,769,609 | +0.2% |
| Expenses | $10,912,727 | $9,308,008 | +0.2% |
| Net Income | $-106,385 | $-538,399 | -0.8% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| BRAD GRINGRAS | CHAIRPERSON | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| PAMELA GUTHMAN | SECRETARY/TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| ADAM ASHLEY | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JEREMY KILEY | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JOSHUA POTTER-EFRON | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| SHERRI SCHEIDLER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| KATHY WELKE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| CHRISTIAN BLAISDELL | CEO | 40.00 |
Officer
|
$92,472 | $11,539 | $104,011 |
| RICHARD PRICE | CHIEF INFORMATION OFFICER | 40.00 |
Officer
|
$69,450 | $43,399 | $112,849 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $10,806,342 | $10,912,727 | $4,854,285 | $-106,385 |
| 2023 | $8,769,609 | $9,308,008 | $5,444,411 | $-538,399 |
| 2022 | $7,950,676 | $8,023,866 | $5,013,026 | $-73,190 |
| 2021 | $7,342,513 | $6,854,595 | $4,994,256 | $487,918 |
| 2020 | $8,708,303 | $7,784,323 | $4,721,320 | $923,980 |
| 2019 | $8,089,924 | $7,427,344 | $3,809,102 | $662,580 |
| 2018 | $7,896,879 | $7,449,091 | $3,191,201 | $447,788 |
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