SOUTHWEST ALABAMA WORKFORCE DEVELOPMENT COUNCIL REGION 9 INC

EIN: 262638504 501(c)(3) Employment

MOBILE, AL

Total Revenue
$441,919
Total Expenses
$1,341,631
Total Assets
$346,312
Net Assets
$346,312
🔒

Tuckman-Chang Vulnerability Assessment

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)

Financial Trends

Organization Details

Formation Year
2008
Principal Officer
BRIDGET WILSON
Phone
2514452090
Tax Period
2024-10-01 to 2025-09-30

SOUTHWEST ALABAMA WORKFORCE DEVELOPMENT COUNCIL REGION 9 INC, founded in 2008, is a small nonprofit in the Employment sector that reported $583K in total revenue in fiscal year 2017. Revenue decreased 13% compared to the prior year. The organization ran a surplus of $121K, a strong 21% operating margin.

Mission

TO DEVELOP STRATEGIC PARTNERSHIPS WHICH ATTRACT, EDUCATE, AND TRAIN STUDENTS AND WORKERS TO BETTER MEET EMPLOYER NEEDS AND FOSTER ECONOMIC GROWTH IN A GLOBAL MARKETPLACE. SAWDC'S VISION IS TO DEVELOP A COMPREHENSIVE, INTEGRATED WORKFORCE DEVELOPMENT SYSTEM WHICH CREATES A SKILLED, DIVERSE, MOTIVATED, ADAPTABLE WORKFORCE THAT BETTER MEETS THE NEEDS OF EMPLOYERS AND LEADS TO A BETTER QUALITY OF LIFE FOR LOCAL CITIZENS. THE BOARD DETERMINED AS OF JUNE 30, 2025 THAT THE COMPANY IS TO BE DISCONTINUED AS THE DUTIES OF THE COMPANY HAVE BEEN TAKEN OVER BY THE ALABAMA DEPARTMENT OF WORKFORCE AS A STATEWIDE REALIGNMENT OF WORKFORCE FUNDING. SEVERANCE PAY FOR EMPLOYEES WILL CONTINUE UNTIL MARCH OF 2026 AT WHICH TIME DISSOLUTION DOCUMENTS WILL BE FILED AND THE FINAL FORM 990 WILL BE FILED FOR THE FISCAL YEAR ENDING SEPTEMBER 30, 2026 ON 2025 FORM 990.

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $413,309
Program Service Revenue $0
Investment Income $28,264
Other Revenue $346
TOTAL REVENUE $441,919

Expense Breakdown

Grants Paid $0
Salaries & Benefits $381,560
Fundraising Expenses $74,902
Program Expenses $287,513
Other Expenses $960,071
TOTAL EXPENSES $1,341,631

Year-over-Year Comparison

2024 2023 Change
Revenue $441,919 $552,497 -0.2%
Expenses $1,341,631 $479,785 +1.8%
Net Income $-899,712 $72,712 -13.4%
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

Sign In

Governance

Voting Members
N/A
Independent Members
N/A
Employees
3
Volunteers
N/A

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
0
$0
Key Employees
1
$199,033
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRIDGET WILSON EXECUTIVE DI 40.00
Key Emp
$185,230 $13,803 $199,033
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 $441,919 $1,341,631 $346,312 $-899,712
2024 $552,497 $479,785 $1,305,526 $72,712
2023 $607,458 $507,972 $1,232,814 $99,486
2022 $517,233 $435,071 $1,142,868 $82,162
2021 $798,214 $466,537 $1,062,197 $331,677
2020 $419,867 $386,910 $788,858 $32,957
2019 $564,864 $607,761 $689,020 $-42,897
2018 $583,200 $461,925 $730,454 $121,275
Explore More Nonprofits
Top 100 Nonprofits in Alabama Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare SOUTHWEST ALABAMA WORKFORCE DEVELOPMENT COUNCIL REGION 9 INC with other nonprofits in Alabama and across the country.