Concho Valley Workforce Development Board (EIN 752725398) - Form 990 Financial Analysis & Trantor Score

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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

2001

Legal Domicile

Principal Officer

Rynda Wortham

Tax Period

2023-10-01 to 2024-09-30

Concho Valley Workforce Development Board, founded in 2001, is a community nonprofit in the Employment sector that reported $9.4M in total revenue in fiscal year 2023. Revenue grew 14% year-over-year, indicating healthy expansion.

Mission

CVWDB was founded to provide policy and program guidance for the workforce development and training programs and operate these programs. For more Information see part III Ln 1 990

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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 $8,941,201

Program Service Revenue $438,281

Investment Income $0

Other Revenue $51,020

TOTAL REVENUE $9,430,502

Expense Breakdown

Grants Paid $7,654,144

Salaries & Benefits $860,806

Fundraising Expenses $0

Program Expenses $9,051,719

Other Expenses $878,248

TOTAL EXPENSES $9,393,198

Year-over-Year Comparison

	2023	2022	Change
Revenue	$9,430,502	$8,293,752	+0.1%
Expenses	$9,393,198	$8,148,728	+0.2%
Net Income	$37,304	$145,024	-0.7%

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

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

$205,044

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Yolanda Sanchez	Executive Director	040.00	Officer	$85,884	$2,581	$88,465
Robert D Bugge	CFO	040.00	Officer	$60,104	$4,346	$64,450
Rynda Wortham	Deputy Executive Director	040.00	Officer	$52,129	$0	$52,129
Brandon Braden	Trustee	001.00	Director	$0	$0	$0
Cordelia Kothman	Trustee	001.00	Director	$0	$0	$0
Cynthia Lackey	Trustee	001.00	Director	$0	$0	$0
Diarmid Campbell	Trustee	001.00	Director	$0	$0	$0
Erin Corbell	Trustee	001.00	Director	$0	$0	$0
Maribel Rios	Chairperson	001.00	Officer Director	$0	$0	$0
Mark Baird	Trustee	001.00	Director	$0	$0	$0
Marilynn Golightly	Trustee	001.00	Director	$0	$0	$0
Monica Lozano	Trustee	001.00	Director	$0	$0	$0
Nolan Sosa	Vice Chair	001.00	Officer Director	$0	$0	$0
Orlando Lara Jr	Trustee	001.00	Director	$0	$0	$0
Pamela Callan	Trustee	001.00	Director	$0	$0	$0
Roxanne Fentress	Trustee	001.00	Director	$0	$0	$0
Sam Tabunga	Trustee	001.00	Director	$0	$0	$0
Seth Mayberry	Trustee	001.00	Director	$0	$0	$0
Stephanie Hamby	Trustee	001.00	Director	$0	$0	$0
Tim Grant	Trustee	001.00	Director	$0	$0	$0
Tina Howard Evans	Trustee	001.00	Director	$0	$0	$0
Heather Kumpe	Trustee	001.00	Director	$0	$0	$0
Ashley Ammons	Trustee	001.00	Director	$0	$0	$0
Laura Candela	Trustee	001.00	Director	$0	$0	$0
Carla Cochran	Trustee	001.00	Director	$0	$0	$0
Jill Fortenberry	Trustee	001.00	Director	$0	$0	$0
Adam Hallmark	Board Secretary/Treasurer	001.00	Officer Director	$0	$0	$0
William Holmes	Trustee	001.00	Director	$0	$0	$0
Joe Marshall	Trustee	001.00	Director	$0	$0	$0
Selena Newby	Trustee	001.00	Director	$0	$0	$0
Yolanda Pickens	Trustee	001.00	Director	$0	$0	$0
Federico Sapien III	Trustee	001.00	Director	$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
2024	$9,430,502	$9,393,198	$1,659,397	$37,304
2023	$8,293,752	$8,148,728	$1,342,253	$145,024
2023	$8,304,780	$8,156,891	$1,291,988	$147,889
2022	$8,858,848	$8,713,975	$955,273	$144,873
2021	$7,745,790	$7,963,582	$501,963	$-217,792
2020	$362,562	$593,319	$623,876	$-230,757
2020	$7,356,570	$7,481,991	$399,376	$-125,421
2019	$6,919,091	$6,825,787	$634,211	$93,304
2018	$6,111,004	$6,117,436	$440,690	$-6,432

Concho Valley Workforce Development Board