Workforce Investment Council (EIN 262257955) - Form 990 Financial Analysis & Trantor Score

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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

Principal Officer

Chuck Byrd

Phone

3304912630

Tax Period

2025-01-01 to 2025-12-31

Workforce Investment Council, founded in 2006, is a micro nonprofit in the Employment sector that reported $10K in total revenue in fiscal year 2025. Revenue fell 98% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $5K, a strong 50% operating margin.

Mission

To support the local Workforce Development Board and OhioMeansJobs Centers serving Stark and Tuscarawas Counties by accessing and leveraging additional resources to provide programs and services that complement and enhance the good work of the local public workforce system

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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%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $520

Program Service Revenue $0

Investment Income $8,776

Other Revenue $738

TOTAL REVENUE $10,034

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $4,260

Other Expenses $5,031

TOTAL EXPENSES $5,031

Year-over-Year Comparison

	2025	2024	Change
Revenue	$10,034	$479,011	-1.0%
Expenses	$5,031	$4,281	+0.2%
Net Income	$5,003	$474,730	-1.0%

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

Governance

Voting Members

Independent Members

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Chuck Byrd	Chairperson	2.00	Officer Director	$0	$0	$0
Joe Sekely	Vice Chairperson	1.00	Officer Director	$0	$0	$0
JoAnn Breedlove	Secretary - Treasurer	1.00	Officer 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	$10,034	$5,031	$583,352	$5,003
2024	$479,011	$4,281	$517,191	$474,730

Workforce Investment Council