WORKFORCE SOLUTIONS INC OF FL

EIN: 200920472 501(c)(3)

MIAMI, FL

Total Revenue
$168,704
Total Expenses
$88,836
Total Assets
$778,762
Net Assets
$778,762
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
FL
Principal Officer
Dana Pearson
Phone
3059783101
Tax Period
2019-01-01 to 2019-12-31

WORKFORCE SOLUTIONS INC OF FL, founded in 2006, is a small nonprofit that reported $169K in total revenue in fiscal year 2019. Revenue fell 54% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $80K, a strong 47% operating margin.

Mission

To create lasting support and advocacy for people living with disabilities such that they are presented with opportunities to find dignified independence and gainful employment.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $168,704
Investment Income $0
Other Revenue $0
TOTAL REVENUE $168,704

Expense Breakdown

Grants Paid $0
Salaries & Benefits $72,782
Fundraising Expenses $0
Program Expenses $88,836
Other Expenses $16,054
TOTAL EXPENSES $88,836

Year-over-Year Comparison

2019 2018 Change
Revenue $168,704 $366,140 -0.5%
Expenses $88,836 $193,290 -0.5%
Net Income $79,868 $172,850 -0.5%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
2
Independent Members
N/A
Employees
5
Volunteers
5

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
0
$0
Total Directors
2
$29,164
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Dana Pearson Vice President 40.00
Director
$14,582 $0 $14,582
Collette Pearson President 40.00
Director
$14,582 $0 $14,582
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
2019 $168,704 $88,836 $778,762 $79,868
2018 $366,140 $193,290 $698,894 $172,850
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