New Workforce Directions, Inc.
How we got $3.6M
Based on IRS Form 990 (2024).
Employees over time
▲ 33% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 18 | $1.0M |
| 2020 | Form 5500 | 15 | $860K |
| 2021 | Form 5500 | 16 | $918K |
| 2022 | Form 5500 | 24 | $1.4M |
| 2023 | Form 5500 | 25 | $1.4M |
| 2024 | Form 5500 | 23 | $1.3M |
| 2025 | Form 5500 | 24 | $1.4M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
What we know
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| NEW WORKFORCE DIRECTIONS, INC. this business | $3.6M | — |
| JOBING CONFIDENTIAL Tulsa · 49 employees | $5.2M | 0.4 mi |
| WILKENING LAW, PLLC Tulsa · 1 employees | $156K | 0.4 mi |
| SASSIN & ASSOCIATES INC. Tulsa · 8 employees | $711K | 1.7 mi |
| THERAPYSOURCE FOR KIDS, INC. Tulsa · 39 employees | $5.7M | 3.1 mi |
| STAR TRAINING INC. Tulsa · 6 employees | $736K | 4.5 mi |
| SERTOMA HANDICAPPED OPPORTUNITIES PROGRAM Tulsa · 50 employees | $655K | 5.4 mi |
The full calculation
Calibrated: revenue lowered to 70% of the industry-average estimate, to match what businesses in this industry actually report.
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.
These are the business's own reported figures, from its IRS Form 990 filing, not an estimate. EBITDA applies the industry margin to reported revenue.
| Revenue range | $3.5M – $3.8M |
| EBITDA range | $413K – $457K |
| Industry (NAICS) | Vocational Rehabilitation Services (624310) |
EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.
Benchmarks: US Economic Census 2022, OK. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
History & advisors
Advisors
- BankingJPMorgan Chase Bank, National AssociationPPP / SBA lender
From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.
Banking relationships
| JPMorgan Chase Bank, National Association PPP 2020 | All 993 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 5/1/2020 | first | $222K | 18 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About New Workforce Directions, Inc.
New Workforce Directions, Inc. is a vocational rehabilitation services company in Tulsa, Oklahoma. Its reported annual revenue is about $3.6M, with roughly $435K of EBITDA. It has about 24 employees.
Common questions
- Who owns New Workforce Directions, Inc.?
- The owner of New Workforce Directions, Inc. isn't in public records we've found yet. If you own or run the business, you can add or correct its details on SeeBITDA.
- How much revenue does New Workforce Directions, Inc. make?
- New Workforce Directions, Inc. reported revenue of about $3.6M.
- How many employees does New Workforce Directions, Inc. have?
- About 24, from its 2025 retirement-plan filing.