Worksource Montgomery Inc

Worksource Montgomery Inc

Rockville, MD, US
501(c)3
EIN
46-2725986

Worksource Montgomery Inc

Rockville, MD, US
501(c)3
EIN
46-2725986

Overview

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Est.

2013

Fiscal Year Start

Jul 1

Organization Type

Grantseeker

AI Summary

Worksource Montgomery Inc is a nonprofit organization focused on enhancing the Public Workforce Development System in Montgomery County, Maryland, by connecting job seekers with businesses. With an operating budget of $15.3 million and total revenue of $19 million for the 2024 filing year, the organization relies on diverse funding sources, with no single funder contributing 50% or more of its revenue. More information can be found on their website at www.worksourcemontgomery.com.

Mission Statement

Assist the Montgomery County WIB, in expanding the Public Workforce Development System in the county, through serving and connecting job seekers and businesses.
Revenues

$19M

Expenses

$18.8M

Net Income:
+$155.8K
Assets

$11.5M

Liabilities

$8.6M

Net Assets:
+$2.8M
Operating Budget

$15.3M

Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants

1

Median grant size
$25K
Largest grant received
$25K
A
Anthony Featherstone
Board Member
S
Steve Boden
Board Member
A
Amelia Kalant
Board Member

Frequently Asked Questions

What is Worksource Montgomery Inc’s budget?
In 2024, Worksource Montgomery Inc reported an annual operating budget of around $15.3 million. More detailed financial information is available to registered users.
What causes does Worksource Montgomery Inc support?
Worksource Montgomery Inc supports work in Nonprofits.
Where does Worksource Montgomery Inc operate?
Worksource Montgomery Inc is headquartered in Rockville, MD.
Who funded Worksource Montgomery Inc recently?
In 2019, Worksource Montgomery Inc received grants from NATIONAL ASSOCIATION OF WORKFORCE BOARDS, NATIONAL ASSOCIATION OF WORKFORCE BOARDS, and NATIONAL ASSOCIATION OF WORKFORCE BOARDS. More information on this organization’s funders is available to registered users.
What is the largest grant Worksource Montgomery Inc received in 2019?
The largest grant to Worksource Montgomery Inc in 2019 exceeds $25 thousand.
What is Worksource Montgomery Inc’s reliance on government grants?
Worksource Montgomery Inc relied on government grants for more than 95% of their total revenue in 2024.
Overview
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