NORTH FLORIDA WORKFORCE DEVELOPMENT BOARD INC

EIN: 593652684 501(c)(3) Employment

MADISON, FL

Total Revenue
$3,486,840
Total Expenses
$3,575,773
Total Assets
$1,514,506
Net Assets
$318,637
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1999
Legal Domicile
FL
Principal Officer
DIANE HEAD
Phone
8509732672
Tax Period
2024-07-01 to 2025-06-30

NORTH FLORIDA WORKFORCE DEVELOPMENT BOARD INC, founded in 1999, is a community nonprofit in the Employment sector that reported $3.5M in total revenue in fiscal year 2024. Revenue surged 58% from the prior year, signaling strong growth momentum.

Mission

THE ORGANIZATION'S MISSION IS TO ASSIST THE STATE OF FLORIDA IN THE IMPLEMENTATION OF FEDERAL WORKFORCE PROGRAMS WITHIN THE SERVICE DELIVERY AREA; AND TO BE RESPONSIBLE AND ACTIVE PARTNERS IN SHARING RESOURCES FOR THE NORTH FLORIDA REGION SO COMMUNITIES WILL BE CONFIDENT IN QUALITY WORKFORCE SOLUTIONS THAT STRENGTHEN FAMILIES AND ENHANCE ECONOMIC DEVELOPMENT.

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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 $3,483,210
Program Service Revenue $0
Investment Income $0
Other Revenue $3,630
TOTAL REVENUE $3,486,840

Expense Breakdown

Grants Paid $228,804
Salaries & Benefits $1,131,977
Fundraising Expenses $0
Program Expenses $3,302,232
Other Expenses $2,214,992
TOTAL EXPENSES $3,575,773

Year-over-Year Comparison

2024 2023 Change
Revenue $3,486,840 $2,210,180 +0.6%
Expenses $3,575,773 $2,190,734 +0.6%
Net Income $-88,933 $19,446 -5.6%
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

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Liquidity & Cash Position

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Governance

Voting Members
16
Independent Members
16
Employees
N/A
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
3
$0
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DANNY COLLINS VICE CHAIR 1.00
Officer Director
$0 $0 $0
RONNIE MOORE BOARD MEMBER 1.00
Director
$0 $0 $0
JODI TILLMAN BOARD MEMBER 1.00
Director
$0 $0 $0
DAVID DUNKLE CHAIR 1.00
Officer Director
$0 $0 $0
TRACEY GIVENS BOARD MEMBER 1.00
Director
$0 $0 $0
MATT PEARSON BOARD MEMBER 1.00
Director
$0 $0 $0
DEANN CRUZ BOARD MEMBER 1.00
Director
$0 $0 $0
CHRIS DAY BOARD MEMBER 1.00
Director
$0 $0 $0
BONNIE BURGESS BOARD MEMBER 1.00
Director
$0 $0 $0
MICHELLE NORRIS BOARD MEMBER 1.00
Director
$0 $0 $0
MAC MCMULLEN BOARD MEMBER 1.00
Director
$0 $0 $0
ELIZABETH EASTMAN BOARD MEMBER 1.00
Director
$0 $0 $0
MICHELE CURTIS BOARD MEMBER 1.00
Director
$0 $0 $0
DOUG BROWN BOARD MEMBER 1.00
Director
$0 $0 $0
REBECCA SHARPE BOARD MEMBER 1.00
Director
$0 $0 $0
PAULA GINN BOARD MEMBER 1.00
Director
$0 $0 $0
DIANE HEAD CEO 40.00
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 $3,486,840 $3,575,773 $1,514,506 $-88,933
2024 $2,210,180 $2,190,734 $967,258 $19,446
2023 $1,792,544 $1,830,497 $632,738 $-37,953
2022 $1,961,321 $1,844,241 $658,431 $117,080
2021 $1,919,813 $1,971,720 $696,031 $-51,907
2020 $2,209,664 $2,194,981 $622,880 $14,683
2019 $2,078,286 $2,116,323 $1,005,987 $-38,037
2018 $2,257,432 $1,969,068 $834,157 $288,364
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