WORKFORCE ALLIANCE INC (EIN 061090440) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1978

Legal Domicile

Principal Officer

WILLIAM P VILLANO

Phone

2038674030

Tax Period

2023-07-01 to 2024-06-30

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.

Mission

PROVIDE JOB TRAINING THROUGH VARIOUS PROGRAMS.

🔒

Trantor Score

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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $13,625,257

Program Service Revenue $0

Investment Income $0

Other Revenue $13,843

TOTAL REVENUE $13,639,100

Expense Breakdown

Grants Paid $6,893,132

Salaries & Benefits $3,689,982

Fundraising Expenses $0

Program Expenses $12,704,214

Other Expenses $3,121,866

TOTAL EXPENSES $13,704,980

Year-over-Year Comparison

	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%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

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

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✗ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$444,809

Total Directors

Key Employees

Highest Compensated

reported

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

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

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

WORKFORCE ALLIANCE INC