GRAND RAPIDS, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)STRATEGIC WORKFORCE SOLUTIONS, founded in 2021, is a small nonprofit in the Employment sector that reported $164K in total revenue in fiscal year 2024. Revenue fell 36% from the prior year — a significant decline worth monitoring. Expenses of $152K left a modest 7% surplus.
TO COORDINATE COMMUNITY AND GOVERNMENT INTERACTION, FACILITATE STRATEGIC PLANNING, PROVIDE JOB TRAINING, AND IMPLEMENT WORKFORCE INNOVATION AND DEVELOPMENT PROGRAMS. THE CORPORATION SHALL COOPERATE WITH CITY AND COUNTY OFFICIALS AND OTHER ORGANIZATIONS IN DEVELOPING AND SUSTAINING WORKFORCE DEVELOPMENT AND SHALL COORDINATE WITH THE AREA COMMUNITY SERVICES EMPLOYMENT AND TRAINING COUNCIL (ACSET), AN INTERGOVERNMENTAL BODY DEDICATED TO WORKFORCE IMPROVEMENT. ITS FURTHER PURPOSE SHALL BE TO COOPERATE WITH ACSET AND THE WEST MICHIGAN WORKS WORKFORCE DEVELOPMENT BOARD TO FACILITATE PLANS FOR DELIVERY OF SERVICES, TO ATTRACT PUBLIC AND PRIVATE INVESTMENT, APPLY FOR GRANTS, TO AID THE UNEMPLOYED AND REDUCE THE SOCIETAL COSTS OF UNEMPLOYMENT AND TO ASSIST WITH CAREER DEVELOPMENT AND JOB PLACEMENT.
HIREREACH ACADEMY: A FIVE-MONTH VIRTUAL ACADEMY THAT EQUIPS ORGANIZATIONS WITH THE TOOLS AND KNOWLEDGE NEEDED TO IMPLEMENT EVIDENCE-BASED SELECTION (EBS) INTO THEIR TALENT SELECTION PROCESS. DURING...
HIREREACH ACADEMY: A FIVE-MONTH VIRTUAL ACADEMY THAT EQUIPS ORGANIZATIONS WITH THE TOOLS AND KNOWLEDGE NEEDED TO IMPLEMENT EVIDENCE-BASED SELECTION (EBS) INTO THEIR TALENT SELECTION PROCESS. DURING THE CURRENT FISCAL YEAR THE ORGANIZATION LAUNCHED ITS FIRST-EVER PRIVATE ACADEMY WITH KENTWOOD PUBLIC SCHOOLS AS WELL AS DEVELOPED UPDATED MARKETING MATERIALS INCLUDING CASE STUDIES AND A WHITE PAPER TO SHARE WITH LOCAL AND NATIONAL PARTNERS. THE ORGANIZATION ALSO CONNECTED WITH NATIONAL PARTNERS TO DISCUSS AND PROMOTE HIREREACH AS A SKILLS-BASED HIRING SOLUTION. SWS PROVIDED CAREER COACH TRAINING AND SUBSEQUENT SUPPORT TO THE WORKFORCE INVESTMENT BOARD OF TULARE COUNTY, CALIFORNIA.
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $164,369 | $255,000 | -0.4% |
| Expenses | $152,493 | $363,078 | -0.6% |
| Net Income | $11,876 | $-108,078 | -1.1% |
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 |
|---|---|---|---|---|---|---|
| BRENDA ISENHART | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| ANGIE BARKSDALE | SECRETARY | 1.00 |
Officer
Director
|
$0 | $41,228 | $182,871 |
| JACOB MAAS | PRESIDENT | 1.00 |
Officer
Director
|
$0 | $56,679 | $268,222 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $164,369 | $152,493 | $240,626 | $11,876 |
| 2024 | No data | No data | No data | No data |
| 2023 | $428,749 | $189,292 | $373,008 | $239,457 |
| 2022 | $250,750 | $168,332 | $82,418 | $82,418 |
Compare STRATEGIC WORKFORCE SOLUTIONS with other nonprofits in Michigan and across the country.