NEW HAVEN, CT
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)WORKFORCE ALLIANCE INC, founded in 1978, is a mid-sized nonprofit that reported $13.6M in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion.
PROVIDE JOB TRAINING THROUGH VARIOUS PROGRAMS.
ADULTMOST SERVICES FOR WIOA ADULTS WILL BE PROVIDED THROUGH THE CTWORKS CAREER CENTER ONE-STOP AMERICAN JOB CENTER SYSTEM IN THE REGION. ELIGIBILITY FOR WIOA ADULT SERVICES VARIES FROM ACTIVITY TO...
ADULTMOST SERVICES FOR WIOA ADULTS WILL BE PROVIDED THROUGH THE CTWORKS CAREER CENTER ONE-STOP AMERICAN JOB CENTER SYSTEM IN THE REGION. ELIGIBILITY FOR WIOA ADULT SERVICES VARIES FROM ACTIVITY TO ACTIVITY. MANY SERVICES ARE AVAILABLE TO ALL ADULTS WITH NO ELIGIBILITY REQUIREMENTS. MORE INTENSIVE SERVICES ARE AVAILABLE FOR UNEMPLOYED/UNDEREMPLOYED INDIVIDUALS WHO ARE NOT ABLE TO FIND JOBS THOUGH CORE SERVICES ALONE. TO PARTICIPATE IN INTENSIVE SERVICES AND/OR TRAINING, INDIVIDUALS MUST FIT AT LEAST ONE OF THE FOLLOWING CATEGORIES:INDIVIDUALS MUST HAVE ANNUAL INCOME NO GREATER THAN 70% OF THE FEDERAL LOWER LIVING STANDARD INCOME LEVEL (LLSIL) AS DETERMINED BY THEIR FAMILY SIZE INDIVIDUALS, WHO EXCEED LLSIL INCOME GUIDELINES, BUT HAVE A SUBSTANTIAL BARRIER TO EMPLOYMENT (EX-OFFENDER, HOMELESS, SCHOOL DROPOUT, OR BASIC SKILLS DEFICIENT.IN CASES WHERE CUSTOMERS RECEIVE INTENSIVE SERVICES, AND ARE STILL NOT ABLE TO FIND JOBS, THEY MAY RECEIVE TRAINING LINKED TO JOB OPPORTUNITIES IN THE REGION. TRAINING MAY CONSIST OF OCCUPATIONAL SKILLS TRAINING, ON-THE-JOB TRAINING, SKILL UPGRADING, JOB READINESS TRAINING, AND ADULT EDUCATION AND LITERACY ACTIVITIES IN CONJUNCTION WITH OTHER TRAINING, WIOA FUNDING ALSO ALLOWS SUPPORTIVE SERVICES (E.G., TRANSPORTATION, TOOLS, UNIFORMS) TO ASSIST PARTICIPANTS IN TRAINING TO ENHANCE THEIR SUCCESS IN THE ACTIVITY.
DISLOCATED WORKERSMOST SERVICES FOR WIOA DISLOCATED WORKERS ARE PROVIDED THROUGH THE CTWORKS CAREER CENTER ONE-STOP AMERICAN JOB CENTER SYSTEM IN THE REGION. MANY CORE SERVICES ARE AVAILABLE TO ALL...
DISLOCATED WORKERSMOST SERVICES FOR WIOA DISLOCATED WORKERS ARE PROVIDED THROUGH THE CTWORKS CAREER CENTER ONE-STOP AMERICAN JOB CENTER SYSTEM IN THE REGION. MANY CORE SERVICES ARE AVAILABLE TO ALL DISLOCATED WORKERS WITH NO ELIGIBILITY REQUIREMENTS, AND MORE INTENSIVE SERVICES ARE AVAILABLE FOR DISLOCATED WORKERS WHO ARE NOT ABLE TO FIND JOBS THROUGH CORE SERVICES ALONE. TO PARTICIPATE IN INTENSIVE SERVICES AND/OR TRAINING, INDIVIDUALS MUST BE "CERTIFIED" AS A DISLOCATED WORKER BY THE CONNECTICUT DEPARTMENT OF LABOR. A DISLOCATED WOKER IS DEFINED AS: AN INDIVIDUAL WHO HAS BEEN TERMINATED OR LAID OFF FROM EMPLOYMENT (OR HAS RECEIVED SUCH NOTICE) AND IS UNLIKELY TO RETURN TO THE PREVIOUS INDUSTRY OR OCCUPATION; OR AN INDIVIDUAL WHO WAS SELF-EMPLOYED AND IS UNEMPLOYED AS A RESULT OF THE ECONOMY OR NATURAL DISASTER; OR IS A 'DISPLACED HOMEMAKER' WHO HAS BEEN DEPENDENT ON THE INCOME OF ANOTHER FAMILY MEMBER AND IS NO LONGER SUPPORTED BY THAT INCOME AND IS EXPERIENCING DIFFICULTY IN OBTAINING OR UPGRADING EMPLOYMENT.
YOUTHTHE YOUTH PROGRAMS PREPARE YOUTH FOR POST-SECONDARY EDUCATIONAL OPPORTUNITIES OR EMPLOYMENT. THE ROSTER OF PROGRAMS MUST ALSO INCLUDE TUTORING, STUDY SKILLS TRAINING AND INSTRUCTION LEADING TO...
YOUTHTHE YOUTH PROGRAMS PREPARE YOUTH FOR POST-SECONDARY EDUCATIONAL OPPORTUNITIES OR EMPLOYMENT. THE ROSTER OF PROGRAMS MUST ALSO INCLUDE TUTORING, STUDY SKILLS TRAINING AND INSTRUCTION LEADING TO COMPLETION OF SECONDARY SCHOOL (INCLUDING DROPOUT PREVENTION); ALTERNATIVE SCHOOL SERVICES; MENTORING BY APPROPRIATE ADULTS; PAID AND UNPAID WORK EXPERIENCE (SUCH AS INTERNSHIPS AND JOB SHADOWING); OCCUPATIONAL SKILLS TRAINING; LEADERSHIP DEVELOPMENT; AND APPROPRIATE SUPPORTIVE SERVICES. YOUTH PARTICIPANTS ALSO RECEIVE GUIDANCE AND COUNSELING, AND FOLLOW-UP SERVICES FOR AT LEAST ONE YEAR, AS APPROPRIATE.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $13,639,100 | $12,252,806 | +0.1% |
| Expenses | $13,704,980 | $12,427,254 | +0.1% |
| Net Income | $-65,880 | $-174,448 | -0.6% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
Sign in to view all financial metrics
Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| WILLIAM P VILLANO | PRESIDENT & CEO | 40.00 |
Officer
|
$209,784 | $69,082 | $278,866 |
| NAOMI WEINBLAD | CFO | 40.00 |
Officer
|
$138,622 | $27,321 | $165,943 |
| KYMBEL BRANCH | DIRECTOR CAREER DEVELOPMENT | 40.00 |
Highest
|
$124,437 | $38,544 | $162,981 |
| JOHN BRANCATO | DIR. YOUTH SERVICES & QUAL. ASSUR. | 40.00 |
Highest
|
$123,933 | $60,862 | $184,795 |
| JILL WATSON | DIRECTOR SPECIAL GRANTS & PROJECTS | 40.00 |
Highest
|
$110,998 | $60,169 | $171,167 |
| ED DOOLING | CHAIR | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| MARIA F HARLOW | VICE CHAIR | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| SERENA NEAL-SANJURJO | TREASURER | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| LARRY MCHUGH | SECRETARY | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| MAGDALENA ALBAN | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| CARL BONAMICO | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| H RICHARD BORER | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| CHRIS BROWN | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| MARY BURGARD | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| DR THOMAS COLEY | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| CHRISTOPHER COZZI | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| PETER J ESCOBAR | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| CARLOS EYZAGUIRRE | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| BONITA GRUBBS | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| HOWARD K HILL | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| KIM HOGAN | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| ANDREW INORIO | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| MARCIA LAFEMINA | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| LORNA MCLEOD | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| TIANA OCASIO | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| DORIS POMA | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| DAVID REITZ | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| GARRETT SHEEHAN | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| TONI WALKER | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| JOSEPH W WILLIAMS JR | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| STEPHANIE WOLFE | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $13,639,100 | $13,704,980 | $3,900,998 | $-65,880 |
| 2023 | $12,252,806 | $12,427,254 | $3,160,827 | $-174,448 |
| 2022 | $11,673,511 | $11,615,273 | $2,357,711 | $58,238 |
| 2021 | $11,291,916 | $11,088,768 | $2,201,686 | $203,148 |
| 2020 | $10,591,516 | $10,557,229 | $2,208,275 | $34,287 |
| 2019 | $10,728,349 | $10,672,481 | $2,067,329 | $55,868 |
| 2018 | $10,422,019 | $10,405,019 | $1,875,122 | $17,000 |
Compare WORKFORCE ALLIANCE INC with other nonprofits in Connecticut and across the country.