HEARTLAND WORKFORCE INVESTMENT BOARD INC

EIN: 593397632 501(c)(3) Employment

SEBRING, FL

Total Revenue
$3,221,866
Total Expenses
$3,203,574
Total Assets
$1,926,743
Net Assets
$-3,162
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1996
Legal Domicile
FL
Principal Officer
DONNA DOUBLEDAY
Phone
8633853672
Tax Period
2024-07-01 to 2025-06-30

HEARTLAND WORKFORCE INVESTMENT BOARD INC, founded in 1996, is a community nonprofit in the Employment sector that reported $3.2M in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year.

Mission

THE MISSION OF CAREERSOURCE HEARTLAND IS TO PROMOTE AND ENHANCE CAREER DEVELOPMENT OPPORTUNITIES.

Program Service Accomplishments

Program 1
Expenses: $1,523,430

THE WORKFORCE INNOVATION AND OPPORTUNITY ACT (WIOA) IS DESIGNED TO CONSOLIDATE, COORDINATE, AND IMPROVE EMPLOYMENT, TRAINING, LITERACY, AND VOCATIONAL REHABILITATION PROGRAMS, TO EMPOWER INDIVIDUALS...

Read more

THE WORKFORCE INNOVATION AND OPPORTUNITY ACT (WIOA) IS DESIGNED TO CONSOLIDATE, COORDINATE, AND IMPROVE EMPLOYMENT, TRAINING, LITERACY, AND VOCATIONAL REHABILITATION PROGRAMS, TO EMPOWER INDIVIDUALS TO OBTAIN THE SKILLS NEEDED TO OVERCOME BARRIERS TO EMPLOYMENT AND TO OBTAIN EMPLOYMENT RESULTING IN SELF-SUFFICIENCY. THE WIOA PROGRAM PROVIDES SERVICES TO THREE CATEGORIES OF INDIVIDUALS - ADULTS, DISLOCATED WORKERS, AND YOUTH. THE ADULT PROGRAM PROVIDES EMPLOYMENT AND TRAINING SERVICES TO HELP INDIVIDUALS 18 YEARS OF AGE AND OLDER FIND AND QUALIFY FOR MEANINGFUL EMPLOYMENT. EMPLOYMENT AND TRAINING SERVICES INCLUDE JOB SEARCH, REFERRAL AND PLACEMENT SERVICES, SKILL EVALUATION AND ASSISTANCE, CAREER SERVICES, CASE MANAGEMENT, AND JOB TRAINING. THE DISLOCATED WORKER PROGRAM IS DESIGNED TO PROVIDE EMPLOYMENT AND TRAINING SERVICES TO INDIVIDUALS WHO HAVE BEEN TERMINATED OR LAID OFF FROM THEIR JOB AND ARE ELIGIBLE FOR OR HAVE EXHAUSTED THEIR REEMPLOYMENT BENEFITS. IN-SCHOOL AND OUT-OF-SCHOOL YOUTH BETWEEN THE AGES OF 16 TO 24 WHO MEET INCOME REQUIREMENTS AND FACE ONE OR MORE BARRIERS TO EMPLOYMENT RECEIVED SERVICES THROUGH CAREERSOURCE HEARTLAND AND COMPETITIVE CONTRACTS WITH SOUTH FLORIDA STATE COLLEGE. THE IN-SCHOOL YOUTH PROGRAM PROVIDES SUPPORT TO ELIGIBLE YOUTH IN NEED OF ADDITIONAL SERVICES TO COMPLETE HIGH SCHOOL AND DEVELOP WORK READINESS SKILLS. THE OUT-OF-SCHOOL YOUTH PROGRAM PROVIDES SUPPORT AND EDUCATION FOR AT-RISK YOUTH WHO ARE NOT ENROLLED IN SCHOOL AT THE TIME OF REGISTRATION, TO PROMOTE GENERAL EQUIVALENCY DIPLOMA (GED) OBTAINMENT, JOB TRAINING AND EMPLOYMENT.

Program 2
Expenses: $810,730

THE WELFARE TRANSITION PROGRAM (WTP) ENABLES WELFARE RECIPIENTS TO MOVE FROM WELFARE TO WORK BY EMPHASIZING SELF-SUFFICIENCY AND PERSONAL RESPONSIBILITY. RECIPIENTS OF TEMPORARY CASH ASSISTANCE MUST...

Read more

THE WELFARE TRANSITION PROGRAM (WTP) ENABLES WELFARE RECIPIENTS TO MOVE FROM WELFARE TO WORK BY EMPHASIZING SELF-SUFFICIENCY AND PERSONAL RESPONSIBILITY. RECIPIENTS OF TEMPORARY CASH ASSISTANCE MUST REGISTER FOR WORK AND PARTICIPATE IN ASSIGNED WORK ACTIVITIES. CAREERSOURCE HEARTLAND STAFF WORKS WITH REGISTERED CUSTOMERS TO HELP THEM GAIN EMPLOYMENT THROUGH SKILLS ATTAINMENT, PLANNING, AND ACTIVITIES TO OVERCOME BARRIERS.

Program 3
Expenses: $292,390

SUPPLEMENTAL NUTRITION ASSISTANCE PROGRAM (SNAP) IS DESIGNED TO ASSIST 'ABLE-BODIED ADULTS WITHOUT DEPENDENTS (ABWD) RECEIVING FOOD STAMPS OBTAIN EMPLOYMENT. THE PROGRAM EMPHASIZES WORK...

Read more

SUPPLEMENTAL NUTRITION ASSISTANCE PROGRAM (SNAP) IS DESIGNED TO ASSIST 'ABLE-BODIED ADULTS WITHOUT DEPENDENTS (ABWD) RECEIVING FOOD STAMPS OBTAIN EMPLOYMENT. THE PROGRAM EMPHASIZES WORK, SELF-SUFFICIENCY AND PERSONAL RESPONSIBILITY. CAREERSOURCE HEARTLAND ADMINISTERS THE EMPLOYMENT AND TRAINING COMPONENT BY ENGAGING PARTICIPANTS IN WORK ACTIVITIES UNTIL EMPLOYMENT IS ACHIEVED. LOCAL GRANT FUNDING PROVIDES ASSISTANCE WITH STAFF TRAINING AND WITH THE ORGANIZATION'S OPERATION COSTS.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,207,911
Program Service Revenue $0
Investment Income $227
Other Revenue $13,728
TOTAL REVENUE $3,221,866

Expense Breakdown

Grants Paid $854,844
Salaries & Benefits $1,725,932
Fundraising Expenses $0
Program Expenses $2,732,878
Other Expenses $622,798
TOTAL EXPENSES $3,203,574

Year-over-Year Comparison

2024 2023 Change
Revenue $3,221,866 $3,516,113 -0.1%
Expenses $3,203,574 $3,524,352 -0.1%
Net Income $18,292 $-8,239 -3.2%
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

Sign In

Governance

Voting Members
30
Independent Members
30
Employees
39
Volunteers
33

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
11
$223,122
Total Directors
36
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RAYMOND ROYCE CHAIR 1.00
Officer Director
$0 $0 $0
DAVID ROYAL CHAIR-ELECT 1.00
Officer Director
$0 $0 $0
WILLIAM ALLBRITTON SECRETARY/TREASURER 1.00
Officer Director
$0 $0 $0
KEVIN ROBERTS EXECUTIVE BOARD CHAIR - START 11/18/24 1.00
Officer Director
$0 $0 $0
KELLY OWENS EXECUTIVE BOARD CHAIR - END 11/17/24 1.00
Officer Director
$0 $0 $0
JEROD GROSS EXECUTIVE BOARD CHAIR ELECT - START 11/18/24 1.00
Officer Director
$0 $0 $0
KENNY MILLER DIRECTOR - START 11/18/24 1.00
Officer Director
$0 $0 $0
MICHAEL SUMNER DIRECTOR - START 11/18/24 1.00
Officer Director
$0 $0 $0
JUDITH GEORGE DIRECTOR - END 11/17/24 1.00
Officer Director
$0 $0 $0
LEIGH ANN BELLAMY DIRECTOR 1.00
Director
$0 $0 $0
ANDREA BROOMFIELD DIRECTOR 1.00
Director
$0 $0 $0
YARIMA CUENCAS DIRECTOR 1.00
Director
$0 $0 $0
BILLIE JO DECKER DIRECTOR - START 6/18/25 1.00
Director
$0 $0 $0
MARY DOW DIRECTOR 1.00
Director
$0 $0 $0
JOSHUA EXENDINE DIRECTOR 1.00
Director
$0 $0 $0
STEPHANIE ETTER DIRECTOR 1.00
Director
$0 $0 $0
DON GARNER DIRECTOR 1.00
Director
$0 $0 $0
DENISE GRIMSLEY DIRECTOR 1.00
Director
$0 $0 $0
SKYLAR HARRISON DIRECTOR 1.00
Director
$0 $0 $0
FRED HAWKINS DIRECTOR 1.00
Director
$0 $0 $0
RICK HERNDON DIRECTOR - START 4/23/25 1.00
Director
$0 $0 $0
DAWN HOOVER DIRECTOR 1.00
Director
$0 $0 $0
YESSENIA IRIZARRY DIRECTOR 1.00
Director
$0 $0 $0
CHRISTEN JOHNSON DIRECTOR 1.00
Director
$0 $0 $0
DEBORAH MANCINI DIRECTOR 1.00
Director
$0 $0 $0
KATHERINE MCAULEY DIRECTOR - START 4/23/25 1.00
Director
$0 $0 $0
WAYNE OLSON DIRECTOR 1.00
Director
$0 $0 $0
GARY RITTER DIRECTOR 1.00
Director
$0 $0 $0
DYLAN TEDDERS DIRECTOR 1.00
Director
$0 $0 $0
EFRAN SCHRAEDER DIRECTOR - START 1/22/25 1.00
Director
$0 $0 $0
GLENN WEST DIRECTOR 1.00
Director
$0 $0 $0
AMANDA WILSON DIRECTOR 1.00
Director
$0 $0 $0
LOIS HILTON DIRECTOR - END 3/31/25 1.00
Director
$0 $0 $0
JEFF JONES DIRECTOR - END 3/24/25 1.00
Director
$0 $0 $0
LINDSEY MCCAIN DIRECTOR - END 3/17/25 1.00
Director
$0 $0 $0
ANGEL WIGGINS DIRECTOR - END 1/1/25 1.00
Director
$0 $0 $0
DONNA DOUBLEDAY PRESIDENT/CEO 40.00
Officer
$117,563 $13,928 $131,491
MICHELLE ARENA CFO 40.00
Officer
$74,079 $17,552 $91,631
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 $3,221,866 $3,203,574 $1,926,743 $18,292
2024 $3,516,113 $3,524,352 $2,096,453 $-8,239
2023 $3,340,992 $3,341,286 $2,119,945 $-294
2022 $3,155,472 $3,151,322 $340,612 $4,150
2021 $3,676,206 $3,668,619 $398,548 $7,587
2020 $3,475,976 $3,467,649 $509,181 $8,327
2019 $3,174,647 $3,168,945 $522,091 $5,702
Explore More Nonprofits
Top 100 Nonprofits in Florida Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare HEARTLAND WORKFORCE INVESTMENT BOARD INC with other nonprofits in Florida and across the country.