HEARTLAND WORKFORCE SOLUTIONS INC

EIN: 273845112 501(c)(3) Education

OMAHA, NE

Total Revenue
$5,398,703
Total Expenses
$5,110,296
Total Assets
$2,603,397
Net Assets
$495,473
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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
2010
Legal Domicile
NE
Principal Officer
ERIN PORTERFIELD
Phone
4022181166
Tax Period
2022-07-01 to 2023-06-30

HEARTLAND WORKFORCE SOLUTIONS INC, founded in 2010, is a community nonprofit in the Education sector that reported $5.4M in total revenue in fiscal year 2022. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $5.1M left a modest 5% surplus.

Mission

HEARTLAND WORFORCE SOLUTIONS IS DEDICATED TO DEVELOPING AND CONNECTING INDIVIDUALS TO 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 (2022)

Revenue Breakdown

Contributions & Grants $5,111,901
Program Service Revenue $286,802
Investment Income $0
Other Revenue $0
TOTAL REVENUE $5,398,703

Expense Breakdown

Grants Paid $2,992,455
Salaries & Benefits $1,011,043
Fundraising Expenses $1,147
Program Expenses $4,920,176
Other Expenses $1,106,798
TOTAL EXPENSES $5,110,296

Year-over-Year Comparison

2022 2021 Change
Revenue $5,398,703 $4,889,078 +0.1%
Expenses $5,110,296 $4,893,924 +0.0%
Net Income $288,407 $-4,846 -60.5%
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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Governance

Voting Members
29
Independent Members
29
Employees
12
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
6
$322,750
Total Directors
29
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SARA HANSEN CHAIR 1.00
Officer Director
$0 $0 $0
JOHN STAUP VICE CHAIR 1.00
Officer Director
$0 $0 $0
PATRICIA KEARNS SECRETARY 1.00
Officer Director
$0 $0 $0
KURT MEISINGER TREASURER 1.00
Officer Director
$0 $0 $0
SHEILA BACON MEMBER 1.00
Director
$0 $0 $0
LINDSEY BORGESON MEMBER 1.00
Director
$0 $0 $0
AARON BOWEN MEMBER 1.00
Director
$0 $0 $0
LIZ COOK MEMBER 1.00
Director
$0 $0 $0
BRETT DEHART MEMBER 1.00
Director
$0 $0 $0
JERRY DEMPSEY MEMBER 1.00
Director
$0 $0 $0
STEVE DETHELFS MEMBER 1.00
Director
$0 $0 $0
DEB DIXON MEMBER 1.00
Director
$0 $0 $0
JOHN HANSON MEMBER 1.00
Director
$0 $0 $0
TIM JEFFERSON MEMBER 1.00
Director
$0 $0 $0
TAMMY GREEN MEMBER 1.00
Director
$0 $0 $0
MIKE BUNACH MEMBER 1.00
Director
$0 $0 $0
JARED HAGER MEMBER 1.00
Director
$0 $0 $0
KEITH STATION MEMBER 1.00
Director
$0 $0 $0
JOHN FONDA MEMBER 1.00
Director
$0 $0 $0
PAUL MOORE MEMBER 1.00
Director
$0 $0 $0
SHAYLA PIERCE MEMBER 1.00
Director
$0 $0 $0
DAN HUSE MEMBER 1.00
Director
$0 $0 $0
CHRIS RODGERS MEMBER 1.00
Director
$0 $0 $0
ARMANDO SALGADO MEMBER 1.00
Director
$0 $0 $0
KEISHA THOMAS MEMBER 1.00
Director
$0 $0 $0
BRIAN TURNER MEMBER 1.00
Director
$0 $0 $0
ERIC STUECKRATH MEMBER 1.00
Director
$0 $0 $0
GARY MIXAN MEMBER 1.00
Director
$0 $0 $0
LAUREL OETKEN MEMBER 1.00
Director
$0 $0 $0
ERIN PORTERFIELD EXECUTIVE DIRECTOR 40.00
Officer
$168,481 $22,052 $190,533
MICHAEL PHILLIPS CHEIF FINANCIAL OFFICER 40.00
Officer
$101,967 $30,250 $132,217
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 No data No data No data No data
2023 $5,398,703 $5,110,296 $2,603,397 $288,407
2022 $4,889,078 $4,893,924 $1,052,997 $-4,846
2021 $4,344,047 $4,727,698 $1,158,696 $-383,651
2020 $4,556,476 $4,427,199 $1,138,051 $129,277
2019 $4,156,212 $4,248,981 $1,165,061 $-92,769
2018 $4,129,308 $4,111,625 $1,417,460 $17,683
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