ALAMO WORKFORCE DEVELOPMENT INC

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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

1994

Legal Domicile

Principal Officer

ADRIAN LOPEZ

Phone

2102723260

Tax Period

2023-10-01 to 2024-09-30

ALAMO WORKFORCE DEVELOPMENT INC, founded in 1994, is a major nonprofit in the Employment sector that reported $171.2M in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion.

Mission

THE WORKFORCE SOLUTIONS ALAMO BOARD SERVES AS THE GOVERNING BOARD FOR THE REGIONAL WORKFORCE SYSTEM, A NETWORK OF SERVICE PROVIDERS AND CONTRACTORS THAT BRINGS PEOPLE AND JOBS TOGETHER. WE REPRESENT THE TAXPAYERS OF THE 13-COUNTY ALAMO REGION.

Program Service Accomplishments

Program 1

Expenses: $128,512,117 Revenue: $128,512,117

US DEPARTMENT OF HEALTH AND HUMAN SERVICES: PASSED THROUGH THE TEXAS WORKFORCE COMMISSION: CHILD CARE DEVELOPMENT FUND-TO PROVIDE SUBSIDIZED CHILDARE SERVICES TO QUALIFYING FAMILIES. CHILD CARE...

US DEPARTMENT OF HEALTH AND HUMAN SERVICES: PASSED THROUGH THE TEXAS WORKFORCE COMMISSION: CHILD CARE DEVELOPMENT FUND-TO PROVIDE SUBSIDIZED CHILDARE SERVICES TO QUALIFYING FAMILIES. CHILD CARE SUBSIDIES ALLOW PARENTS TO WORK AND ATTEND SCHOOL OR TRAINING TO ACHIEVE SELF-SUFFICIENCY.

Program 2

Expenses: $15,909,325 Revenue: $15,909,325

US DEPARTMENT OF LABOR: PASSED THROUGH THE TEXAS WORKFORCE COMMISSION: WORKFORCE INVESTMENT ACT (WIA) & WORKFORCE INNOVATION AND OPPORTUNITY GRANT (WIOA) - TO PROVIDE INDIVIDUALS WITH OCCUPATIONAL...

US DEPARTMENT OF LABOR: PASSED THROUGH THE TEXAS WORKFORCE COMMISSION: WORKFORCE INVESTMENT ACT (WIA) & WORKFORCE INNOVATION AND OPPORTUNITY GRANT (WIOA) - TO PROVIDE INDIVIDUALS WITH OCCUPATIONAL AND EMPLOYMENT SKILLS TO OBTAIN JOBS AND PROVIDE EMPLOYERS WITH SKILLED WORKERS. THIS PROGRAM PROVIDES EMPLOYMENT AND TRAINING SERVICES TO ECONOMICALLY DISADVANTAGED YOUTH, ADULTS, AND INDIVIDUALS EXPERIENCING EMPLOYMENT LAYOFFS DUE TO VARIOUS FACTORS.

Program 3

Expenses: $970,585 Revenue: $970,585

US DEPARTMENT OF HEALTH AND HUMAN SERVICES: PASSED THROUGH THE TEXAS WORKFORCE COMMISSION: TEMPORARY ASSISTANCE TO NEEDY FAMILIES (TANF)- PROVIDES TEMPORARY ASSISTANCE FOR NEEDY FAMILIES WITH...

US DEPARTMENT OF HEALTH AND HUMAN SERVICES: PASSED THROUGH THE TEXAS WORKFORCE COMMISSION: TEMPORARY ASSISTANCE TO NEEDY FAMILIES (TANF)- PROVIDES TEMPORARY ASSISTANCE FOR NEEDY FAMILIES WITH SERVICES TO END THE DEPENDENCE ON PUBLIC ASSISTANCE BY PROMOTING JOB PREPARATION, WORK AND MARRIAGE.

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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 $170,391,469

Program Service Revenue $25,831

Investment Income $-50,684

Other Revenue $822,884

TOTAL REVENUE $171,189,500

Expense Breakdown

Grants Paid $134,025,592

Salaries & Benefits $5,258,329

Fundraising Expenses $0

Program Expenses $166,898,232

Other Expenses $31,361,986

TOTAL EXPENSES $170,645,907

Year-over-Year Comparison

	2023	2022	Change
Revenue	$171,189,500	$152,609,718	+0.1%
Expenses	$170,645,907	$152,800,884	+0.1%
Net Income	$543,593	$-191,166	-3.8%

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

$537,456

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LESLIE CANTU	CHAIR	0.25	Officer Director	$0	$0	$0
MARY BATCH	VICE-CHAIR	0.25	Officer Director	$0	$0	$0
YOUSEF KASSIM	SECRETARY	0.25	Officer Director	$0	$0	$0
ESMERALDA PEREZ	DIRECTOR	0.25	Director	$0	$0	$0
JERRY GRAEBER	DIRECTOR	0.25	Director	$0	$0	$0
ANA DEHOYOS O'CONNOR	DIRECTOR	0.25	Director	$0	$0	$0
DR SAMMI MORRILL	DIRECTOR	0.25	Director	$0	$0	$0
ANGELIQUE DE OLIVEIRA	DIRECTOR	0.25	Director	$0	$0	$0
JOSH SCHNEUKER	DIRECTOR	0.25	Director	$0	$0	$0
EDWARD JR TREVINO	DIRECTOR	0.25	Director	$0	$0	$0
LISA NAVARRO-GONZALES	DIRECTOR	0.25	Director	$0	$0	$0
ANTHONY MAGARO	DIRECTOR	0.25	Director	$0	$0	$0
ELIZABETH LUTZ	DIRECTOR	0.25	Director	$0	$0	$0
ERIC S COOPER	DIRECTOR	0.25	Director	$0	$0	$0
KELLI RHODES	DIRECTOR	0.25	Director	$0	$0	$0
DAWN DIXON	DIRECTOR	0.25	Director	$0	$0	$0
CHRIS CORSO	DIRECTOR	0.25	Director	$0	$0	$0
LOWELL KEIG	DIRECTOR	0.25	Director	$0	$0	$0
MITCHELL SHANE DENN	DIRECTOR	0.25	Director	$0	$0	$0
CHARLES CAMARILLO	DIRECTOR	0.25	Director	$0	$0	$0
JIM ROBERTSON	DIRECTOR	0.25	Director	$0	$0	$0
JENNIFER LANGE	DIRECTOR	0.25	Director	$0	$0	$0
EUNICE GRANT	DIRECTOR	0.25	Director	$0	$0	$0
YVONNE ADDISON	DIRECTOR	0.25	Director	$0	$0	$0
TASHA SCHMIDT	DIRECTOR	0.25	Director	$0	$0	$0
BETTY MUNOZ	DIRECTOR	0.25	Director	$0	$0	$0
ALLISON GREER FRANCIS	DIRECTOR	0.25	Director	$0	$0	$0
CHUCKWUWA O AGWUEGBO	DIR TECHNOLOGY	40.00	Officer	$127,371	$19,710	$147,081
PENNY BENAVIDEZ	DIR OF PUBLIC & GOVT RELATIONS	40.00	Officer	$121,387	$19,206	$140,593
ADRIAN PEREZ	CIO	40.00	Officer	$111,119	$15,541	$126,660
RICARDO RAMIREZ	DIR OF QUALITY ASSURANCE	40.00	Officer	$111,307	$11,815	$123,122
ADRIAN LOPEZ	CEO	40.00	Highest	$219,686	$26,224	$245,910

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
2024	$171,189,500	$170,645,907	$37,854,482	$543,593
2023	$152,609,718	$152,800,884	$31,311,476	$-191,166
2022	$147,215,041	$147,334,900	$18,268,176	$-119,859
2021	$127,906,585	$127,891,557	$14,007,582	$15,028
2020	$118,553,959	$118,693,656	$13,113,217	$-139,697
2019	$94,867,392	$94,424,756	$9,321,388	$442,636
2018	$79,384,359	$79,072,856	$8,723,084	$311,503