SHENANDOAH VALLEY WORKFORCE DEVELOPMENT BOARD INC

EIN: 541993339 501(c)(3) Employment

HARRISONBURG, VA

Total Revenue
$1,785,457
Total Expenses
$1,787,294
Total Assets
$229,114
Net Assets
$30,396
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Principal Officer
RANDY DOYLE
Phone
5404427134
Tax Period
2024-07-01 to 2025-06-30

SHENANDOAH VALLEY WORKFORCE DEVELOPMENT, founded in 2000, is a community nonprofit in the Employment sector that reported $3.2M in total revenue in fiscal year 2017. Revenue decreased 6% compared to the prior year.

Mission

THE MISSION OF THE SVWDB IS TO: BUILD PARTNERSHIPS TO CREATE WORKFORCE OPPORTUNITIES THAT CULTIVATE BUSINESS, GROW JOBS, DEVELOP PEOPLE AND BUILD COMMUNITY.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,785,312
Investment Income $145
Other Revenue $0
TOTAL REVENUE $1,785,457

Expense Breakdown

Grants Paid $0
Salaries & Benefits $950,810
Fundraising Expenses $0
Program Expenses $1,584,871
Other Expenses $836,484
TOTAL EXPENSES $1,787,294

Year-over-Year Comparison

2024 2023 Change
Revenue $1,785,457 $2,012,671 -0.1%
Expenses $1,787,294 $2,012,729 -0.1%
Net Income $-1,837 $-58 +30.7%
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

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Governance

Voting Members
30
Independent Members
30
Employees
15
Volunteers
37

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
3
$118,662
Total Directors
30
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RANDY DOYLE CHAIRMAN 1.00
Officer Director
$0 $0 $0
JO LEE LOVELAND LINK SECRETARY/TR 1.00
Officer Director
$0 $0 $0
JOHN ALBERT BOARD MEMBER 1.00
Director
$0 $0 $0
SANDY STOWERS BOARD MEMBER 1.00
Director
$0 $0 $0
SHARON BARONCELLI BOARD MEMBER 1.00
Director
$0 $0 $0
CORY SHERIDAN BOARD MEMBER 1.00
Director
$0 $0 $0
ELIZABETH FUCHS BOARD MEMBER 1.00
Director
$0 $0 $0
MEREDITH MATHIS BOARD MEMBER 1.00
Director
$0 $0 $0
STEVE BURNETTE BOARD MEMBER 1.00
Director
$0 $0 $0
VICTORIA ZABALA BOARD MEMBER 1.00
Director
$0 $0 $0
DEBBY HOPKINS BOARD MEMBER 1.00
Director
$0 $0 $0
JEANIAN CLARK BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN RAINONE BOARD MEMBER 1.00
Director
$0 $0 $0
MICHAEL CRIDER BOARD MEMBER 1.00
Director
$0 $0 $0
SHARON HETLAND BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN DOWNEY BOARD MEMBER 1.00
Director
$0 $0 $0
JEFF STAPEL BOARD MEMBER 1.00
Director
$0 $0 $0
CHRIS HURLEY BOARD MEMBER 1.00
Director
$0 $0 $0
KEVIN HUTTON BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN JACKSON BOARD MEMBER 1.00
Director
$0 $0 $0
JAY LANGSTON BOARD MEMBER 1.00
Director
$0 $0 $0
KATY PARRISH BOARD MEMBER 1.00
Director
$0 $0 $0
LORNE SEAY BOARD MEMBER 1.00
Director
$0 $0 $0
CINDY BOLAN BOARD MEMBER 1.00
Director
$0 $0 $0
MARY STAUBUS BOARD MEMBER 1.00
Director
$0 $0 $0
ELIZABETH SAVAGE BOARD MEMBER 1.00
Director
$0 $0 $0
YOLANDA SHIELDS BOARD MEMBER 1.00
Director
$0 $0 $0
COURTNEY THOMPSON BOARD MEMBER 1.00
Director
$0 $0 $0
CELEST WILLIAMS BOARD MEMBER 1.00
Director
$0 $0 $0
ROBERT HUCH BOARD MEMBER 1.00
Director
$0 $0 $0
SHARON JOHNSON CEO 40.00
Officer
$118,662 $0 $118,662
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 $1,785,457 $1,787,294 $229,114 $-1,837
2024 $2,012,671 $2,012,729 $397,190 $-58
2023 $1,901,334 $1,905,465 $773,567 $-4,131
2022 $1,892,054 $1,885,102 $226,406 $6,952
2021 $2,829,806 $2,814,202 $326,467 $15,604
2020 $2,777,949 $2,764,315 $297,084 $13,634
2019 $3,246,267 $3,246,267 $347,594 No data
2018 $3,203,418 $3,203,216 $477,846 $202
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