Workforce Solutions of Tampabay

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2012

Legal Domicile

Phone

7273420475

Tax Period

2024-01-01 to 2024-12-31

Workforce Solutions of Tampabay, founded in 2012, is a small nonprofit that reported $352K in total revenue in fiscal year 2024. Revenue surged 114% from the prior year, signaling strong growth momentum.

Mission

Workforce Solutions is an employment service provider contracted through the State of Florida VocationalRehabilitation.

Program Service Accomplishments

Program 1

Expenses: $325,230 Revenue: $0

Employment services provided throughout the year.

🔒

Trantor Score

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $352,000

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $352,000

Expense Breakdown

Grants Paid $0

Salaries & Benefits $259,000

Fundraising Expenses $0

Program Expenses $325,230

Other Expenses $83,395

TOTAL EXPENSES $342,395

Year-over-Year Comparison

	2024	2023	Change
Revenue	$352,000	$164,668	+1.1%
Expenses	$342,395	$150,261	+1.3%
Net Income	$9,605	$14,407	-0.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

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

Governance

Voting Members

Independent Members

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MITCHELL MICHAEL	CFO	8.00	Officer	$0	$0	$0
Kavanaugh Gerry	PRESIDENT	8.00	Officer	$0	$0	$0
Taylor Mary	VICE PRESIDENT	8.00	Officer	$0	$0	$0
Harris Reginald	SECRETARY	8.00	Officer	$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	No data	No data	No data	No data
2024	$352,000	$342,395	$24,012	$9,605