RIO GRANDE VALLEY LINKING ECONOMIC… - Form 990 Financial Data

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1992

Legal Domicile

Principal Officer

MARICELA DE LEON

Phone

9564053091

Tax Period

2023-09-01 to 2024-08-31

RIO GRANDE VALLEY LINKING ECONOMIC AND ACADEMIC DEVELOPMENT INC, founded in 1992, is a small nonprofit that reported $145K in total revenue in fiscal year 2023. Revenue fell 69% from the prior year — a significant decline worth monitoring. Expenses of $231K exceeded revenue, resulting in a 60% operating deficit.

Mission

RGV LEAD'S PRIMARY EXEMPT PURPOSE IS TO DEVELOP A SKILLED WORKFORCE IN THE RIO GRANDE VALLEY.

Program Service Accomplishments

Program 1

Expenses: $8,330 Revenue: $20,583

THE TEXAS REGIONAL PATHWAYS NETWORK (TRPN) WAS LAUNCHED IN 2019 TO SUPPORT GOVERNOR ABBOTT'S TRI-AGENCY WORKFORCE INITIATIVE, THROUGH WHICH THE TEXAS EDUCATION AGENCY, TEXAS HIGHER EDUCATION...

THE TEXAS REGIONAL PATHWAYS NETWORK (TRPN) WAS LAUNCHED IN 2019 TO SUPPORT GOVERNOR ABBOTT'S TRI-AGENCY WORKFORCE INITIATIVE, THROUGH WHICH THE TEXAS EDUCATION AGENCY, TEXAS HIGHER EDUCATION COORDINATING BOARD, AND TEXAS WORKFORCE COMMISSION ARE WORKING COLLABORATIVELY TO INCREASE ECONOMIC PROSPERITY IN TEXAS BY LINKING EDUCATION AND INDUSTRY. WITH A VISION THAT ALL TEXANS ARE PREPARED TO CONTRIBUTE TO AN INCLUSIVE AND COMPETITIVE TEXAS ECONOMY, THE TRPN AIMS TO BUILD REGIONAL TALENT PIPELINES THAT SPUR ECONOMIC GROWTH ACROSS THE STATE AND ENSURE THAT ALL TEXANS HAVE THE SKILLS AND CREDENTIALS NEEDED FOR ECONOMIC ADVANCEMENT. THE TRPN IS A GROWING COMMUNITY OF REGIONS ACROSS THE STATE WORKING TO DEVELOP, REFINE, AND SCALE HIGH-QUALITY CAREER AND EDUCATION PATHWAYS. THROUGH THE NETWORK, GRANTEES CAN SHARE KNOWLEDGE AND BEST PRACTICES, MAKE STRATEGIC CONNECTIONS AND BUILD INTENTIONAL PARTNERSHIPS ACROSS REGIONS IN SERVICE OF THEIR GOALS. RGV LEAD SERVES AS THE INTERMEDIARY FOR 3 COHORTS SERVING: LA FERIA, RIO HONDO, SANTA ROSA, SAN ISIDRO, LASARA, SAN PERLITA, VANGUARD ACADEMY, DONNA AND RAYMONDVILLE. WE BRING TOGETHER SCHOOL LEADERSHIPS, EDUCATORS, WORKFORCE BOARDS, HIGHER EDUCATION INSTITUTIONS, AND EMPLOYERS TO BRING REAL CHANGE TO THE SCHOOL AND LOCAL AREA. SOME AREAS OF STUDY INCLUDE WELDING, WIND ENERGY, COMMUNICATIONS, AND HEALTH CARE--THESE AREAS OF STUDY FALL IN THE HIGH-DEMAND OCCUPATION OF THE SOUTH TEXAS REGION.

Program 2

Expenses: $182,806 Revenue: $113,797

MISCELLANEOUS LOCAL EXPENDITURES ARE REQUIRED FOR WORKSHOPS AND LUNCHES TO GAIN SUPPORT FOR AND PARTICIPATION IN THE VARIOUS PROJECTS AND PROGRAMS. THE WORKFORCE SOLUTIONS AGREEMENT IS A...

MISCELLANEOUS LOCAL EXPENDITURES ARE REQUIRED FOR WORKSHOPS AND LUNCHES TO GAIN SUPPORT FOR AND PARTICIPATION IN THE VARIOUS PROJECTS AND PROGRAMS. THE WORKFORCE SOLUTIONS AGREEMENT IS A COLLABORATIVE PROJECT IN WHICH THE LOWER RIO GRANDE VALLEY WORKFORCE DEVELOPMENT BOARD D.B.A. WORKFORCE SOLUTIONS ENTERED INTO A CONTRACT WITH RGV LEAD TO ASSIST WITH MANAGEMENT OF SUMMER EDUCATOR EXTERNSHIPS. RGV LEAD WORKS WITH WORKFORCE SOLUTIONS, MULTIPLE SCHOOL DISTRICTS, AND OTHER PARTNERS TO ESTABLISH AND/OR ENHANCE EXISTING CAREER ACADEMIES ALIGNED WITH HOUSE BILL 5 REQUIREMENTS BY RECRUITING, TRAINING, AND SUPPORTING TEACHER EXTERNSHIPS. RGV LEAD SERVES AS A LIAISON TO SCHOOL DISTRICTS AND AS EXTERNSHIP PROJECT COORDINATOR UNDER THE TERMS OF THE CONTRACT. THE PROJECT IS ALIGNED WITH THE ACADEMIC LEADERSHIP ALLIANCE SUMMER EDUCATOR EXTERNSHIPS.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $13,300

Program Service Revenue $134,380

Investment Income $1,648

Other Revenue $-4,809

TOTAL REVENUE $144,519

Expense Breakdown

Grants Paid $2,500

Salaries & Benefits $114,966

Fundraising Expenses $0

Program Expenses $191,136

Other Expenses $113,418

TOTAL EXPENSES $230,884

Year-over-Year Comparison

	2023	2022	Change
Revenue	$144,519	$472,267	-0.7%
Expenses	$230,884	$364,668	-0.4%
Net Income	$-86,365	$107,599	-1.8%

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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$43,603

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARICELA DE LEON	PRESIDENT	1.00	Officer Director	$0	$0	$0
ADRIANA SARMIENTO	TREASURER	1.00	Officer Director	$0	$0	$0
ESMERALDA ADAME MBA EDD	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
THERESA A CAPISTRAN	DIRECTOR	1.00	Director	$0	$0	$0
ANABELL C CARDONA	DIRECTOR	1.00	Director	$0	$0	$0
JONATHAN MEDINA	DIRECTOR	1.00	Director	$0	$0	$0
FRANCISCO ALMARAZ	DIRECTOR	1.00	Director	$0	$0	$0
KRISTINA LEAL PE CFM	DIRECTOR	1.00	Director	$0	$0	$0
NARCISO GARCIA	DIRECTOR	1.00	Director	$0	$0	$0
LEONARDO TREVINO	DIRECTOR	1.00	Director	$0	$0	$0
ELOY GARZA	DIRECTOR	1.00	Director	$0	$0	$0
VIVIANA ESPINOSA	DIRECTOR	1.00	Director	$0	$0	$0
YSMAEL FONSECA	DIRECTOR	1.00	Director	$0	$0	$0
MANNY VELA	DIRECTOR	1.00	Director	$0	$0	$0
DANIEL KING	DIRECTOR	1.00	Director	$0	$0	$0
KRISTA CHAPA	DIRECTOR	1.00	Director	$0	$0	$0
CINDY MATA	DIRECTOR	1.00	Director	$0	$0	$0
RICARDO PENA	DIRECTOR	1.00	Director	$0	$0	$0
LEO SAENZ	DIRECTOR	1.00	Director	$0	$0	$0
CYNTHIA WALLS	DIRECTOR	1.00	Director	$0	$0	$0
MARIO BARAGAN	DIRECTOR	1.00	Director	$0	$0	$0
CARLOS GARZA	DIRECTOR	1.00	Director	$0	$0	$0
RHONDA SALINAS	DIRECTOR	1.00	Director	$0	$0	$0
RAFAEL VELA	DIRECTOR	1.00	Director	$0	$0	$0
DR MARCOS SILVA	RGV LEAD EXEC DIRECTOR	1.00	Officer	$43,603	$0	$43,603

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	No data	No data	No data	No data
2024	$144,519	$230,884	$71,911	$-86,365
2023	$472,267	$364,668	$236,055	$107,599
2022	$305,379	$328,174	$128,721	$-22,795
2021	$360,723	$382,831	$253,795	$-22,108
2020	$329,154	$384,087	$271,745	$-54,933
2019	$516,434	$431,177	$337,049	$85,257
2018	$462,289	$450,537	$222,724	$11,752

RIO GRANDE VALLEY LINKING ECONOMIC AND ACADEMIC DEVELOPMENT INC