POLK COUNTY WORKFORCE DEVELOPMENT INC

EIN: 593385244 501(c)(3) Employment

BARTOW, FL

Total Revenue
$7,614,117
Total Expenses
$7,510,045
Total Assets
$3,300,711
Net Assets
$1,723,737
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1996
Legal Domicile
FL
Principal Officer
STACY CAMPBELL-DOMINECK
Phone
8635081600
Tax Period
2024-07-01 to 2025-06-30

POLK COUNTY WORKFORCE DEVELOPMENT INC, founded in 1996, is a community nonprofit in the Employment sector that reported $7.6M in total revenue in fiscal year 2024.

Mission

THE ORGANIZATION'S MISSION IS TO PROVIDE JOB TRAINING, EDUCATIONAL AND EMPLOYMENT OPPORTUNITIES FOR ADULTS AND DISADVANTAGED YOUTH, UTILIZING FUNDS RECEIVED UNDER THE U.S. DEPARTMENT OF LABOR AND HEALTH AND HUMAN SERVICES.

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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 $7,306,104
Program Service Revenue $288,671
Investment Income $16,317
Other Revenue $3,025
TOTAL REVENUE $7,614,117

Expense Breakdown

Grants Paid $3,030,374
Salaries & Benefits $3,320,274
Fundraising Expenses $0
Program Expenses $6,971,241
Other Expenses $1,159,397
TOTAL EXPENSES $7,510,045

Year-over-Year Comparison

2024 2023 Change
Revenue $7,614,117 $7,879,262 0.0%
Expenses $7,510,045 $7,922,254 -0.1%
Net Income $104,072 $-42,992 -3.4%
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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Governance

Voting Members
19
Independent Members
19
Employees
66
Volunteers
19

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
$371,966
Total Directors
19
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GARY CLARK CHAIR 1.00
Officer Director
$0 $0 $0
SCOTT DIMMICK CHAIR-ELECT 1.00
Officer Director
$0 $0 $0
KAREN CASE SECRETARY/TREASURER 1.00
Officer Director
$0 $0 $0
DAVID MCCRAW IMMEDIATE PAST CHAIR 1.00
Officer Director
$0 $0 $0
JOHN ADAMS MEMBER 1.00
Director
$0 $0 $0
JORGE ALTIERI MEMBER 1.00
Director
$0 $0 $0
LARRY BULL MEMBER 1.00
Director
$0 $0 $0
PATTI GANDER MEMBER 1.00
Director
$0 $0 $0
ANGELA GARCIA-FALCONETTI MEMBER 1.00
Director
$0 $0 $0
GINGER GARNER MEMBER 1.00
Director
$0 $0 $0
CYNTHIA JANTOMASO MEMBER 1.00
Director
$0 $0 $0
ADIL KHAN MEMBER 1.00
Director
$0 $0 $0
KATRINA LUNSFORD MEMBER 1.00
Director
$0 $0 $0
YESSE OLIVAS MEMBER 1.00
Director
$0 $0 $0
RYAN REIS MEMBER 1.00
Director
$0 $0 $0
SHERRY SAPP MEMBER 1.00
Director
$0 $0 $0
AMANDA WILSON MEMBER 1.00
Director
$0 $0 $0
DERRICK WOODARD SR MEMBER 1.00
Director
$0 $0 $0
SHARON WRIGHT MEMBER 1.00
Director
$0 $0 $0
STACY CAMPBELL-DOMINECK PRESIDENT & CEO 35.00
Officer
$222,949 $42,661 $265,610
GERARDO MEZA VP OF FINANCE 35.00
Officer
$82,390 $23,966 $106,356
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 $7,614,117 $7,510,045 $3,300,711 $104,072
2024 $7,879,262 $7,922,254 $3,047,079 $-42,992
2023 $5,884,330 $5,856,607 $3,009,346 $27,723
2022 $7,478,002 $7,302,120 $2,112,904 $175,882
2021 $11,708,060 $11,483,807 $3,039,261 $224,253
2020 $8,073,545 $8,048,008 $3,230,177 $25,537
2019 $7,743,208 $7,736,699 $1,996,130 $6,509
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