WORKFORCE DEVELOPMENT BOARD OF WESTERN MISSOURI INC

EIN: 431351361 501(c)(3) Employment

SEDALIA, MO

Total Revenue
$1,614,226
Total Expenses
$1,610,118
Total Assets
$265,101
Net Assets
$143,309
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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
MO
Principal Officer
CHRIS CONNELL
Phone
6608273722
Tax Period
2024-07-01 to 2025-06-30

WORKFORCE DEVELOPMENT BOARD OF WESTERN MISSOURI INC, founded in 1983, is a community nonprofit in the Employment sector that reported $1.6M in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year.

Mission

THE WORKFORCE DEVELOPMENT BOARD OF WESTERN MISSOURI, INC. PROVIDES EMPLOYMENT TRAINING PROGRAMS FOR LAID-OFF AND ECONOMICALLY DISADVANTAGED WORKERS WITH PROGRAM COORDINATION THROUGH BUSINESS AND INDUSTRY. THE COUNTIES IN MISSOURI THAT ARE SERVED INCLUE BATES, BENTON, CARROLL, CEDAR, CHARITON, HENRY, HICKORY, JOHNSON, LAFAYETTE, PETTIS, SALINE, ST CLAIR AND VERNON. THERE ARE THREE JOB CENTERS AND FOUR YOUTH-AT-WORK OFFICES LOCATED THROUGHOUT THE SERVICE AREA AND GEOGRAPHICALLY LOCATED SO CLIENTS ARE WITHIN A REASONABLE DRIVING DISTANCE. THE JOB CENTERS ARE LOCATED IN CLINTON, NEVADA AND SEDALIA.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,610,582
Program Service Revenue $0
Investment Income $5,273
Other Revenue $-1,629
TOTAL REVENUE $1,614,226

Expense Breakdown

Grants Paid $355,412
Salaries & Benefits $981,001
Fundraising Expenses $0
Program Expenses $1,424,121
Other Expenses $273,705
TOTAL EXPENSES $1,610,118

Year-over-Year Comparison

2024 2023 Change
Revenue $1,614,226 $1,714,708 -0.1%
Expenses $1,610,118 $1,712,192 -0.1%
Net Income $4,108 $2,516 +0.6%
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

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Governance

Voting Members
19
Independent Members
19
Employees
4
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
$80,398
Total Directors
19
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MISSY EIDSON EXECUTIVE DI 40.00
Officer
$80,398 $0 $80,398
ALAN AYRES MEMBER N/A
Director
$0 $0 $0
SUZIE BRODERSON SECRETARY N/A
Officer Director
$0 $0 $0
CHRIS CONNELL CHAIRPERSON N/A
Officer Director
$0 $0 $0
JESSICA CRAIG MEMBER N/A
Director
$0 $0 $0
JOYCE FURNELL MEMBER N/A
Director
$0 $0 $0
KAMBER FUSCO MEMBER N/A
Director
$0 $0 $0
APRIL GODWIN MEMBER N/A
Director
$0 $0 $0
CHRIS GREEN MEMBER N/A
Director
$0 $0 $0
NANCY GREY MEMBER N/A
Director
$0 $0 $0
TOMMY HAMPTON MEMBER N/A
Director
$0 $0 $0
GABE JONES MEMBER N/A
Director
$0 $0 $0
KIM KENDRICK MEMBER N/A
Director
$0 $0 $0
JIM KILBY MEMBER N/A
Director
$0 $0 $0
ANGIE LITTRELL 2ND VICE CHA N/A
Officer Director
$0 $0 $0
ROBIN MCHUGH MEMBER N/A
Director
$0 $0 $0
MICHAEL MURDERS MEMBER N/A
Director
$0 $0 $0
MICHAEL SCHUBACH VICE CHAIR N/A
Officer Director
$0 $0 $0
LAURA WALLEN TREASURER N/A
Officer Director
$0 $0 $0
JAMES WHITE MEMBER N/A
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
2025 $1,614,226 $1,610,118 $265,101 $4,108
2024 $1,714,708 $1,712,192 $241,926 $2,516
2023 $1,328,314 $1,324,031 $276,582 $4,283
2022 $1,468,398 $1,476,456 $285,897 $-8,058
2021 $952,930 $954,928 $244,970 $-1,998
2020 $1,529,473 $1,515,100 $305,726 $14,373
2019 $1,934,449 $1,894,244 $314,833 $40,205
2018 $1,725,803 $1,714,604 $269,444 $11,199
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