NW Works Inc logo

NW Works Inc

Public charity · Grantmaker Winchester, VA EIN: 54-0880043 Website

Our mission is to empower adults with disabilities and individuals with barriers to employment to build skills and secure and sustain meaningful employment.

Key facts about NW Works Inc

EIN
54-0880043
Latest 990 filing
Form 990, 2025
Total assets
$4,196,924

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$4.2M

+7.4% YoY

Revenue

$5.5M

+4.5% YoY

Net Investment Income

$39K

+16.4% YoY

Expenses

$5.5M

-2.7% YoY

About NW Works Inc

Based on IRS filings

NW Works Inc is a public charity focused on Employment, based in Winchester, VA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $4.2M in total assets. Net investment income was $39K.

Focus Areas

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Geographic Focus

Where this funder awards grants

States

Cities

Winchester

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$3M$4M1 grants20190 grants20200 grants20210 grants20220 grants20230 grants20240 grants2025

In 2019 it made 1 grant totaling $3.1M.

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$2.5M$5M$7.5M$10M2019202020212022202320242025
Metric202520242023
Total Assets$4,196,924$3,906,324$4,232,523
Revenue$5,514,022$5,276,622$6,121,222
Expenses$5,508,879$5,663,852$5,440,739
Net Investment Income$39,362$33,811$1,115,301

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990 for fiscal year 2019 (received by the IRS February 4, 2020)
  2. Added Form 990 for fiscal year 2025 (received by the IRS April 28, 2026)

Leadership & Key People

Officers and directors from IRS filings

NW Works Inc is led by Grady W. Skip Philips III, President & CEO since 2024 (on filings since 2023); 2 of 13 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Grady W. Skip Philips III

    President & CEO

    CEO & From January → President & CEO, 2024

    On filings since 2023

    40 hrs/week

    $195K (2024) → $182K (2025)

  • Samir Jhaveri

    Chair

    Secretary & Compliance Committee Chair → Secretary & Compliance Com, 2022

    Secretary & Compliance Com → Chair, 2023

    On filings since 2019

    5 hrs/week

    No compensation reported

  • Aaron Martin

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Justin Dennis

    Director

    Director & From August → Director, 2022

    On filings since 2021

    1 hr/week

    No compensation reported

  • Stephanie Fincham

    Director

    Director & From October → Director, 2022

    On filings since 2021

    1 hr/week

    No compensation reported

  • Katrina Pike

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Denny Baker

    Director

    On filings since 2024

    1 hr/week

    No compensation reported

  • Erin Drumheller

    Director

    On filings since 2024

    1 hr/week

    No compensation reported

  • Jim Burton

    Director

    On filings since 2024

    1 hr/week

    No compensation reported

  • Kevin Sheppard

    Director

    On filings since 2024

    1 hr/week

    No compensation reported

  • Rich Kozlow

    Past Chair

    Chair & Governance Committee Chair → Chair & Governance Committee, 2022

    Chair & Governance Committee → Past Chair, 2023

    On filings since 2019

    1 hr/week

    $45K (2019) → $0 (2025)

  • Stephanie Lett

    Vice President of Finance

    On filings since 2022

    40 hrs/week

    $105K (2022) → $122K (2025)

  • Perry Campbell

    Vice Chair & Treasurer

    Director & From April → Treasuer, 2024

    Treasuer → Vice Chair & Treasurer, 2025

    On filings since 2020

    5 hrs/week

    No compensation reported

Former officers (24)
  • Former: Andrea Koenker (2019–2024) — Director
  • Former: Joel Stopha (2019–2024) — Director
  • Former: Kevin Lakin (2020–2024) — Director
  • Former: Joel Smith (2021–2024) — Director
  • Former: Todd Devine (2022–2024) — Vice Chair & Secretary
  • Former: Debera Taylor (2019–2023) — CEO & Unitl September
  • Former: Scott Spriggs (2019–2022) — Director
  • Former: Russ Fowler (2021–2022) — Director
  • Former: Ann Wadsworth (2019–2021) — Director
  • Former: Bobby Herndon III (2019–2021) — Director
  • Former: Ellen Mason (2019–2021) — Director
  • Former: James Burton (2019–2021) — Director
  • Former: Jim Youngblood (2019–2021) — Director
  • Former: Tom Tarrant (2019–2021) — Director
  • Former: Bob Herndon III (2020) — Chair Compliance Committee
  • Former: Russell Fowler (2020) — Director
  • Former: H. Paiger Manuel (2019) — Chairman
  • Former: Jason Aikens (2019) — Director
  • Former: Jessica Place (2019) — Director
  • Former: Joshua Hummer (2019) — Director
  • Former: Kelly Kremer (2019) — Director
  • Former: Marshall Henson (2019) — CEO
  • Former: Mickey Coffman (2019) — Director
  • Former: Steve Maclin (2019) — Director

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Grady W Skip Philips III — President and CEO: $182KGrady W Skip Philips IIIPresident and CEO$182KStephanie Lett — VP of Finance/HR: $122KStephanie LettVP of Finance/HR$122K

The highest reported compensation on the 2025 filing was $182K, to Grady W Skip Philips III (President and CEO). 2 officers or directors reported compensation on that filing.

Frequently asked questions about NW Works Inc

How large is NW Works Inc?

NW Works Inc reported $4.2M in total assets on its 2025 IRS Form 990. Its revenue that year was $5.5M.

What is NW Works Inc?

NW Works Inc is a public charity focused on Employment, based in Winchester, VA. It holds $4.2M in total assets as of 2025.

Where does NW Works Inc operate?

NW Works Inc has awarded grants in Virginia.

What is NW Works Inc's EIN?

NW Works Inc's EIN (Employer Identification Number) is 54-0880043. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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