BAY AREA WORKFORCE DEVELOPMENT BOARD INC (EIN 391490219) - 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

1983

Legal Domicile

Principal Officer

VICKIE PATTERSON

Phone

9206095395

Tax Period

2024-07-01 to 2025-06-30

BAY AREA WORKFORCE DEVELOPMENT BOARD INC, founded in 1983, is a community nonprofit in the Employment sector that reported $3.9M in total revenue in fiscal year 2024. Revenue decreased 11% compared to the prior year.

Mission

TO PREPARE YOUTH, UNSKILLED ADULTS, AND DISLOCATED WORKERS FOR ENTRY/REENTRY INTO THE LABOR FORCE AND TO AFFORD JOB TRAINING TO THOSE ECONOMICALLY DISADVANTAGED INDIVIDUALS, AND OTHER INDIVIDUALS FACING SERIOUS BARRIERS TO EMPLOYMENT, WHO ARE IN SPECIAL NEED OF SUCH TRAINING TO OBTAIN PRODUCTIVE EMPLOYMENT; AND PURSUANT THERETO TO PROVIDE, DEVELOP, AND EVALUATE EMPLOYMENT AND TRAINING PROGRAMS BY THE UTILIZATION OF PUBLIC AND PRIVATE FUNDS DESIGNATED FOR SUCH PURPOSES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $3,523,602

Program Service Revenue $411,040

Investment Income $0

Other Revenue $480

TOTAL REVENUE $3,935,122

Expense Breakdown

Grants Paid $2,549,331

Salaries & Benefits $980,714

Fundraising Expenses $0

Program Expenses $3,513,027

Other Expenses $406,056

TOTAL EXPENSES $3,936,101

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,935,122	$4,406,170	-0.1%
Expenses	$3,936,101	$4,323,414	-0.1%
Net Income	$-979	$82,756	-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

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

$188,865

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHERI GALECKE	CHAIR	1.00	Officer Director	$0	$0	$0
DUSTIN DELSMAN	VICE CHAIR	1.00	Officer Director	$0	$0	$0
MERCEDES OLSON	SECRETARY	1.00	Officer Director	$0	$0	$0
TIM BENO	TREASURER	1.00	Officer Director	$0	$0	$0
WHITNEY HOSTETTIER	DIRECTOR	1.00	Director	$0	$0	$0
ELIZABETH BURNS	DIRECTOR	1.00	Director	$0	$0	$0
BRIAN PELON	DIRECTOR	1.00	Director	$0	$0	$0
AMBER COLLEGNON	DIRECTOR	1.00	Director	$0	$0	$0
TARA CARR	DIRECTOR	1.00	Director	$0	$0	$0
RON CHRISTENSEN	DIRECTOR	1.00	Director	$0	$0	$0
CHERYL DETRICK	DIRECTOR	1.00	Director	$0	$0	$0
STEVE HELLER	DIRECTOR	1.00	Director	$0	$0	$0
CLAUDIA KREPSKY	DIRECTOR	1.00	Director	$0	$0	$0
MICHELLE LAWRIE	DIRECTOR	1.00	Director	$0	$0	$0
MATT RENTMEESTER	DIRECTOR	1.00	Director	$0	$0	$0
WILL ROBINSON	DIRECTOR	1.00	Director	$0	$0	$0
MIKE RUMINSKI	DIRECTOR	1.00	Director	$0	$0	$0
BRUCE RUSSELL	DIRECTOR	1.00	Director	$0	$0	$0
ANN SCHERMETZLER	DIRECTOR	1.00	Director	$0	$0	$0
GERALD SCHOMAKER	DIRECTOR	1.00	Director	$0	$0	$0
NORMAN SHAWANOKASIC	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL TROYER	DIRECTOR	1.00	Director	$0	$0	$0
MYRNA WARRINGTON	DIRECTOR	1.00	Director	$0	$0	$0
BETHANY WILDE	DIRECTOR	1.00	Director	$0	$0	$0
JOHN PRICE	DIRECTOR	1.00	Director	$0	$0	$0
JOSH BARTOSZUK FROM SEPT 24	DIRECTOR	1.00	Director	$0	$0	$0
PAM BERKOVITZ FROM SEPT 24	DIRECTOR	1.00	Director	$0	$0	$0
JULIE BULIN FROM SEPT 24	DIRECTOR	1.00	Director	$0	$0	$0
MADALYN FOSCATO FROM NOV 24	DIRECTOR	1.00	Director	$0	$0	$0
MIKE MARLYERE FROM SEPT 24	DIRECTOR	1.00	Director	$0	$0	$0
ERIC PRINTZ FROM SEPT 24	DIRECTOR	1.00	Director	$0	$0	$0
KATHRYN ROGALSKI FROM SEPT 24	DIRECTOR	1.00	Director	$0	$0	$0
MEREDITH SAUER FROM SEPT 24	DIRECTOR	1.00	Director	$0	$0	$0
VICKIE PATTERSON	EXECUTIVE DIRECTOR	40.00	Officer	$96,717	$5,803	$102,520
MISTINE HABECK	DIRECTOR OF FINANCE & HR	40.00	Officer	$81,458	$4,887	$86,345

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	$3,935,122	$3,936,101	$776,681	$-979
2024	$4,406,170	$4,323,414	$813,052	$82,756
2023	$5,128,391	$5,092,028	$1,044,227	$36,363
2022	$4,087,094	$4,102,946	$532,124	$-15,852
2021	$3,248,065	$3,243,190	$475,372	$4,875
2020	$4,090,686	$4,088,703	$388,012	$1,983
2019	$5,124,415	$5,123,195	$583,593	$1,220
2018	$4,884,643	$4,887,123	$546,409	$-2,480

BAY AREA WORKFORCE DEVELOPMENT BOARD INC