VOCATIONAL SOLUTIONS OF HENDERSON COUNTY INC (EIN 560897854) - Form 990 Financial Analysis & Trantor Score

🔒

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

1967

Legal Domicile

Principal Officer

WILLIAM RODRIGUEZ

Phone

8586941622

Tax Period

2024-07-01 to 2025-06-30

VOCATIONAL SOLUTIONS OF HENDERSON COUNTY INC, founded in 1967, is a small nonprofit that reported $942K in total revenue in fiscal year 2024. Revenue fell 41% from the prior year — a significant decline worth monitoring. Expenses of $2.2M exceeded revenue, resulting in a 131% operating deficit.

Mission

DEVELOPMENTAL AND REHABILITATION SERVICES FOR DISABLED INDIVIDUALS

🔒

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 $130,255

Program Service Revenue $418,757

Investment Income $391,133

Other Revenue $1,837

TOTAL REVENUE $941,982

Expense Breakdown

Grants Paid $827,151

Salaries & Benefits $775,951

Fundraising Expenses $0

Program Expenses $1,450,432

Other Expenses $572,632

TOTAL EXPENSES $2,175,734

Year-over-Year Comparison

	2024	2023	Change
Revenue	$941,982	$1,589,868	-0.4%
Expenses	$2,175,734	$1,729,355	+0.3%
Net Income	$-1,233,752	$-139,487	+7.8%

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

Employees

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILLIAM RODRIGUEZ	CHAIRPERSON	20.00	Officer Director	$0	$0	$0
NICK WEEDMAN	VICE CHAIR	4.00	Officer Director	$0	$0	$0
DEBI GOULD	SECRETARY	4.00	Officer Director	$0	$0	$0
JIM BOYD	TREASURER	4.00	Officer Director	$0	$0	$0
KYLE BARTLEY	BOARD MEMBER	2.00	Director	$0	$0	$0
ELIZABETH BEARD	BOARD MEMBER	2.00	Director	$0	$0	$0
AMY JONES	BOARD MEMBER	2.00	Director	$0	$0	$0
JUSTICE MULLEN	BOARD MEMBER	2.00	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	$941,982	$2,175,734	No data	$-1,233,752
2024	$1,589,868	$1,729,355	$1,394,427	$-139,487
2023	$1,421,761	$1,541,750	$1,534,242	$-119,989
2022	$1,560,632	$1,587,770	$1,801,033	$-27,138
2021	$1,658,816	$1,437,560	$1,770,932	$221,256
2020	$1,607,661	$1,469,831	$1,743,172	$137,830
2019	$1,504,103	$1,286,084	$1,516,213	$218,019
2018	$1,480,380	$1,271,393	$1,338,985	$208,987
2018	$1,480,380	$1,271,393	$1,338,985	$208,987

VOCATIONAL SOLUTIONS OF HENDERSON COUNTY INC