Dallas County Local Workforce Deve… - Form 990 Financial Data

🔒

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

Financial Trends

Organization Details

Formation Year

1983

Legal Domicile

Phone

2142901000

Tax Period

2024-01-01 to 2024-12-31

Dallas County Local Workforce Development Board, founded in 1983, is a major nonprofit in the Human Services sector that reported $185.8M in total revenue in fiscal year 2024.

Mission

Workforce Solutions Greater Dallas exists to ensure solutions for employers through quality people and for people through quality jobs.

Program Service Accomplishments

Program 1

Expenses: $146,740,009 Revenue: $0

Child Care Management Services (CCMS) Administration of contracts under agreement with the Texas Workforce Commission to provide subsidized childcare services to eligible families in Dallas County...

Child Care Management Services (CCMS) Administration of contracts under agreement with the Texas Workforce Commission to provide subsidized childcare services to eligible families in Dallas County under the CCMS program. These childcare services allow parents to work or attend school or training, which helps them achieve economic self-sufficiency. Average number of children in care per day from 1/1/2024 through 12/31/2024 was over 14,233. Total children in care for 2024 was 23,959.

Program 2

Expenses: $14,473,894 Revenue: $0

Workforce Innovation and Opportunity Act (WIOA) Providing state and local areas the flexibility to collaborate across systems in an effort to better address the employment and skills needs of current employees, jobseekers, and employers. WIOA accomplishes this by prescribing: 1) a stronger alignment of the workforce education, and economic development systems; and 2) improving the structure and delivery in the system to assist America's workers in achieving a family-sustaining wage while providing America's employers with the skilled workers they need to compete on a global level. Average number of participants served from 1/1/2024 through 12/31/2024 was 2,043. WIOA offers full training assistance average cost $7,500 per student served.

Program 3

Expenses: $6,667,778 Revenue: $0

Adult Education Literacy - AEL Adult education and literacy programs funded by the Texas Workforce Commission (TWC) provide English language, math, reading, and writing instruction to help students acquire the skills needed to succeed in the workforce, earn a high school equivalency, or enter college or career training. The total number of participants in the period 1/1/2024 to 12/31/2024 was 8,045.

🔒

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $185,647,751

Program Service Revenue $181,689

Investment Income $7,244

Other Revenue $0

TOTAL REVENUE $185,836,684

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,598,099

Fundraising Expenses $0

Program Expenses $180,538,128

Other Expenses $181,176,132

TOTAL EXPENSES $185,774,231

Year-over-Year Comparison

	2024	2023	Change
Revenue	$185,836,684	$186,372,965	0.0%
Expenses	$185,774,231	$186,439,273	0.0%
Net Income	$62,453	$-66,308	-1.9%

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

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

$432,300

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Carter Holston	Chair	4.0	Officer Director	$0	$0	$0
Dev Rastogi	Vice Chair - Through Sept 2024	4.0	Officer Director	$0	$0	$0
Harry Jones	Treasurer	4.0	Officer Director	$0	$0	$0
Alan Cohen	Director - Through Sept 2024	1.0	Director	$0	$0	$0
Bessie Gray	Director	1.0	Director	$0	$0	$0
Bill O'Dwyer	Past Chair Person	4.0	Director	$0	$0	$0
Carolyn Dent	Director - New Oct 2024	1.0	Director	$0	$0	$0
Cristina Criado	Director	1.0	Director	$0	$0	$0
Crystal Sanders	Director	1.0	Director	$0	$0	$0
Daniel J Micciche	Director	1.0	Director	$0	$0	$0
Diane Gomez-Thinnes	Director - Through Sept 2024	1.0	Director	$0	$0	$0
Dr Justin Lonon	Director	1.0	Director	$0	$0	$0
Grant Schmidt	Director - New Oct 2024	1.0	Director	$0	$0	$0
Gunnar Rawlings	Director	1.0	Director	$0	$0	$0
J Susie Upshaw Battie	Director	1.0	Director	$0	$0	$0
Jason Villalba	Director	1.0	Director	$0	$0	$0
Jeffrey Caldwell	Director - New Oct 2024	1.0	Director	$0	$0	$0
Joanne Caruso	Director	1.0	Director	$0	$0	$0
John Vatova	Director - New Oct 2024	1.0	Director	$0	$0	$0
Karen Hughes	Director	1.0	Director	$0	$0	$0
Ken S Malcolmson	Director	1.0	Director	$0	$0	$0
Lewis Fulbright	Director	1.0	Director	$0	$0	$0
Lisa Sherrod	Director	1.0	Director	$0	$0	$0
Magda Hernandez	Director	1.0	Director	$0	$0	$0
Michelle Thomas	Director	1.0	Director	$0	$0	$0
Miguel Solis	Director	1.0	Director	$0	$0	$0
Rebecca Acuna	Director	1.0	Director	$0	$0	$0
Rolinda Duran	Director	1.0	Director	$0	$0	$0
Susan Hoff	Director - Through Nov 2024	1.0	Director	$0	$0	$0
T Dupree Scovells	Director	1.0	Director	$0	$0	$0
Terry Jones	Director	1.0	Director	$0	$0	$0
William Behrendt	Director	1.0	Director	$0	$0	$0
Ashlee Verner	Interim President/CEO/CFO	40.0	Officer	$185,194	$48,112	$233,306
Connie Rash	Senior Vice President/Board Secretary	40.0	Officer	$163,306	$35,688	$198,994
Alicia Carter	Controller	40.0	Highest	$125,511	$32,925	$158,436
Demetria W Robinson	Executive Vice President	40.0	Highest	$142,826	$47,945	$190,771
Laurie Bouillion Larrea	Former President/Advisor - Through Jan 2024	40.0	Highest	$465,353	$30,875	$496,228
Lynn Hoffman	Senior Innovation Specialist	40.0	Highest	$121,880	$34,184	$156,064
Richard Perez	Research Manager	40.0	Highest	$112,421	$56,245	$168,666

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	$185,836,684	$185,774,231	$31,899,020	$62,453
2023	$186,372,965	$186,439,273	$36,030,312	$-66,308
2022	$175,208,836	$175,043,327	$33,101,149	$165,509
2021	$141,969,555	$142,470,298	$21,445,382	$-500,743
2020	$149,285,687	$149,583,541	$19,807,811	$-297,854
2019	$134,027,234	$134,273,401	$19,939,546	$-246,167
2018	$98,780,606	$97,403,149	$18,583,544	$1,377,457

Dallas County Local Workforce Development Board