Overview

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Est.

2014

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

WORKCRED INC is a nonprofit organization dedicated to enhancing workforce quality through the improvement of credentialing systems. With an operating budget of $2.1 million and total revenue of $1.1 million for the 2024 filing year, the organization is supported by multiple funders, none of which contribute 50% or more of its revenue. Its mission focuses on preparing employers, workers, educators, and governments to effectively utilize credentialing systems, ensuring their ongoing relevance in public affairs. For more information, visit WORKCRED.ORG.

Mission Statement

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.
Revenues
$1.1M
Expenses
$2.1M
Net Income:
-$1.1M
Assets
$264.4K
Liabilities
$8.4M
Net Assets:
-$8.2M
Operating Budget
$2.1M
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
2
Median grant size
$185K
Largest grant received
$250K
R
Roy Swift
Board Member
A
Andrew Updegrove
Board Member
C
Cynthia Dominick Woodley
Board Member

Frequently Asked Questions

What is WORKCRED INC’s budget?
In 2024, WORKCRED INC reported an annual operating budget of around $2.1 million. More detailed financial information is available to registered users.
What causes does WORKCRED INC support?
WORKCRED INC supports work in Public affairs.
Where does WORKCRED INC operate?
WORKCRED INC is headquartered in Washington, DC.
Who funded WORKCRED INC recently?
In 2024, WORKCRED INC received grants from STRADA EDUCATION NETWORK INC, GREATER TEXAS FOUNDATION, and GREATER TEXAS FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant WORKCRED INC received in 2024?
The largest grant to WORKCRED INC in 2024 exceeds $250 thousand.