West Central Texas Workforce Development Board Inc

EIN: 421716431 501(c)(3) Employment

Abilene, TX

Total Revenue
$1,292,842
Total Expenses
$1,534,995
Total Assets
$670,695
Net Assets
$522,307
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
TX
Principal Officer
Mary Ross
Tax Period
2023-10-01 to 2024-09-30

West Central Texas Workforce Development Board Inc, founded in 2006, is a community nonprofit in the Employment sector that reported $1.3M in total revenue in fiscal year 2023. Revenue fell 20% from the prior year — a significant decline worth monitoring. Expenses of $1.5M exceeded revenue, resulting in a 19% operating deficit.

Mission

To support and compliment the work of Workforce Solutions of West Central Texas Board, which is responsible for the planning, oversight, and evaluation of a consolidated workforce system for the 19 County West Central Texas region.

Program Service Accomplishments

Program 1
Expenses: $915,610 Revenue: $157,200

The rootED Program provides post-secondary advising for rural high school students in West Central Texas. Placed Success Coaches in rural school districts to work with high school seniors in...

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The rootED Program provides post-secondary advising for rural high school students in West Central Texas. Placed Success Coaches in rural school districts to work with high school seniors in identifying and pursuing post-graduation options, which could include military, post-secondary educaton or direct entry into a career pathway. A work-based learning program was piloted to place high school students in paid internships ranging from 50 to 150 hours with private employers. A signing day event was held for high school seniors from eight rural school districts, who had completed Career and Technical Education programs and obtained industry-recognized certifications.

Program 2
Expenses: $230,242

Rural Postsecondary & Economic Development Program (RPED)- Long-term outcomes of the program are to increase enrollment of rural students in postsecondary education and training programs, increase...

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Rural Postsecondary & Economic Development Program (RPED)- Long-term outcomes of the program are to increase enrollment of rural students in postsecondary education and training programs, increase persistence and completion of rural students in postsecondary education and training programs, and increase high school CTE programs aligned with postsecondary education that lead to high demand, high-wage jobs in West Central Texas.

Program 3
Expenses: $193,013

The Advance Together Program includes participation in awareness events for students and educators through a variety of events including teacher externships, student tours, classroom presentations...

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The Advance Together Program includes participation in awareness events for students and educators through a variety of events including teacher externships, student tours, classroom presentations, participation in events such as the World of Work Youth Expo and HLC Planning for College and Career Events. Hosted focus groups with targeted populations including people of color, justice-involved, young adults, rural residents, immigrants, and unemployed/underemployed individuals to explore perceptions of manufacturing. In conjunction with employers and higher education partners, developed a short-term manufacturing readiness curriculum to introduce adults to basic concepts common across manufacturing to increase awareness of careers in manufacturing.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,135,642
Program Service Revenue $157,200
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,292,842

Expense Breakdown

Grants Paid $21,557
Salaries & Benefits $911,640
Fundraising Expenses $0
Program Expenses $1,501,346
Other Expenses $601,798
TOTAL EXPENSES $1,534,995

Year-over-Year Comparison

2023 2022 Change
Revenue $1,292,842 $1,619,643 -0.2%
Expenses $1,534,995 $1,009,983 +0.5%
Net Income $-242,153 $609,660 -1.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
30
Independent Members
30
Employees
N/A
Volunteers
110

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
8
$158,390
Total Directors
30
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Mary Ross Executive Director 10.00
Officer
$0 $16,949 $158,390
Jay Smith Board Member 1.00
Director
$0 $0 $0
Ethan Shepherd Board Member 1.00
Director
$0 $0 $0
Belinda Kerr Board Member 1.00
Director
$0 $0 $0
Shaun Martin Board Member 1.00
Director
$0 $0 $0
Cynthia Pearson Board Member 1.00
Director
$0 $0 $0
Samuel Garcia Board Member 1.00
Director
$0 $0 $0
Lee Ann Millender Board Member 1.00
Director
$0 $0 $0
Joel Mullins Board Member 1.00
Director
$0 $0 $0
Veronica Diaz Board Member 1.00
Director
$0 $0 $0
Ken Becker Board Member 1.00
Director
$0 $0 $0
Thomas Winter Board Member 1.00
Director
$0 $0 $0
Joey Kincaid Board Member 1.00
Director
$0 $0 $0
Shawn Hartfield Board Member 1.00
Director
$0 $0 $0
Tanya Johnson Board Member 1.00
Director
$0 $0 $0
Carrie Pierce Board Member 1.00
Director
$0 $0 $0
Hanna Adams Board Member 1.00
Director
$0 $0 $0
Jim Astin Board Member 1.00
Director
$0 $0 $0
Samuel Garcia Board Member 1.00
Director
$0 $0 $0
Tommy Higgins Board Member 1.00
Director
$0 $0 $0
Jeff Howle Board Member 1.00
Director
$0 $0 $0
Seaton Higginbotham Board Member 1.00
Director
$0 $0 $0
Andre Gwinn Sr Board Member 1.00
Director
$0 $0 $0
Bobby Martin Board Member 1.00
Director
$0 $0 $0
Laura Bowers Regional Representative 1.00
Officer Director
$0 $0 $0
Daniel Henson Chair 1.00
Officer Director
$0 $0 $0
Steve Dye Vice Chair 1.00
Officer Director
$0 $0 $0
Chance Barr Regional Representative 1.00
Officer Director
$0 $0 $0
Richard Williams Secretary-Treasurer 1.00
Officer Director
$0 $0 $0
Mike Snead Regional Representative 1.00
Officer Director
$0 $0 $0
Tammy Reese Past Chair 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
2024 $1,292,842 $1,534,995 $670,695 $-242,153
2023 $1,619,643 $1,009,983 $899,041 $609,660
2022 $424,926 $782,128 $400,266 $-357,202
2021 $742,421 $439,218 $582,620 $303,203
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