MOBILE, AL
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)SOUTHWEST ALABAMA WORKFORCE DEVELOPMENT COUNCIL REGION 9 INC, founded in 2008, is a small nonprofit in the Employment sector that reported $442K in total revenue in fiscal year 2024. Revenue fell 20% from the prior year — a significant decline worth monitoring. Expenses of $1.3M exceeded revenue, resulting in a 204% operating deficit.
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.
SAWDC'S VISION IS TO DEVELOP A COMPREHENSIVE, INTEGRATED WORKFORCE DEVELOPMENT SYSTEM WHICH CREATES A SKILLED, DIVERSE, MOTIVETED, AND ADAPTABLE WORKFORCE THAT BETTER MEETS THE NEEDS OF EMPLOYERS AND...
SAWDC'S VISION IS TO DEVELOP A COMPREHENSIVE, INTEGRATED WORKFORCE DEVELOPMENT SYSTEM WHICH CREATES A SKILLED, DIVERSE, MOTIVETED, AND ADAPTABLE WORKFORCE THAT BETTER MEETS THE NEEDS OF EMPLOYERS AND LEADS TO A BETTER QUALITY OF LIFE FOR LOCAL CITIZENS. SAWDC HAS A MISSION TO DEVELOP STRATGIC PARNERSHIPS WHICH ATTRACT, EDUCATE, AND TRAIN STUDENTS AND WORKERS TO BETTER MEET EMPLOYER NEEDS AND FOSTER ECONOMIC GROWTH IN A GLOBAL MARKETPLACE. SAWDC WORKS TO ENSURE THAT ALL STAKEHOLDERS HAVE ACCESS TO A SYSTEM FOR WORKFORCE DEVELOPMENT THAT ADVOCATES FOR THEIR NEEDS AND THAT THERE IS A LARGE QUALIFIED CANDIDATE POOL. THIS IS ACCOMPLISHED BY ENGAGING INDUSTRY CLUSTERS, INFLUENCING THE SYSTEM OF EDUCATION AND TRAINING, AND INSPIRING THE FUTURE SUPPLY OF WORKERS.
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)| 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% |
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 |
|---|---|---|---|---|---|---|
| BRIDGET WILSON | EXECUTIVE DI | 40.00 |
Key Emp
|
$185,230 | $13,803 | $199,033 |
| 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 |
Compare SOUTHWEST ALABAMA WORKFORCE DEVELOPMENT COUNCIL REGION 9 INC with other nonprofits in Alabama and across the country.