Institute for Workforce Advancement

Science & technology organization based in Melville, NY. 7 employees. Exempt under §501(c)(3).

MissionINSTITUTE FOR WORKFORCE ADVANCEMENT (IWA) IS A HIGHLY SPECIALIZED VISIONARY ENTRYWAY INTO THE FUTURE. STAFFED BY LEADING EXPERTS IN THE FIELD OF COMPOSITES, THE STATE OF THE ART FACILITY ENABLES ORGANIZATIONS TO CROSS BOUNDARIES, EXPAND MANUFACTURING SCOPE, AND EFFECTIVELY

EIN
27-0685219
State
NY
Sector
Science & technology
Budget band
$250K–$500K
Latest filing
TY 2024
Records
1 officers · 6 years

Financial snapshot · TY 2024

$260K
Total revenue
$534K
Total expenses
$212K
Net assets

Financial health · TY 2024

18
Financial health needs attention
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
20
3.5 months of expenses
Program efficiency
0
46.3% spent on programs
Revenue diversity
53
Mix of program fees, grants & contributions

Leadership compensation

Michael Mcquillan
DIRECTOR OF FINANCE
$140,724
100th percentile vs. peers

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Institute for Workforce Advancement Executive Compensation | 990 Data | DoubleNine