UPPER CUMBERLAND LOCAL WORKFORCE DEVELOPMENT BOARD INC (EIN 833661707) - 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

2019

Legal Domicile

Principal Officer

BOB YOUNG

Phone

9315209513

Tax Period

2024-07-01 to 2025-06-30

UPPER CUMBERLAND LOCAL WORKFORCE DEVELOPMENT BOARD INC, founded in 2019, is a community nonprofit in the Employment sector that reported $3.1M in total revenue in fiscal year 2024. Revenue fell 27% from the prior year — a significant decline worth monitoring.

Mission

TO ENGAGE EMPLOYERS, EDUCATORS AND COMMUNITY PARTNERS IN CREATING A LIFE-LONG LEARNING ENVIRONMENT IN THE UPPER CUMBERLAND THAT ATTRACTS AND RETAINS STRONG BUSINESSES AS WELL AS A DIVERSE, TALENTED WORKFORCE CRITICAL FOR SUSTAINING A VIBRANT, GROWING AND INNOVATIVE ECONOMY. THE UCLWDB WILL ACHIEVE THIS MISSION BY:DEVELOPING STRATEGIC PARTNERSHIPS WITH EMPLOYERS AND TRAINING PROVIDERS TO ALIGN TRAINING SERVICES WITH THE NEEDS OF AREA EMPLOYERS;ENHANCING CAREER DEVELOPMENT SERVICES FOR JOB SEEKERS TO INCREASE JOB SUCCESS AND KNOWLEDGE OF HIGH SKILL AND IN-DEMAND CAREERS;SECURING STATE AND/OR FEDERAL FUNDING TO DEVELOP NEW SKILLS TO MEET HIGH SKILL AND IN-DEMAND CAREERS; ANDCOORDINATING WIOA ACTIVITIES WITH THE REGION'S ECONOMIC DEVELOPMENT PLAN TO COORDINATE CURRENT AND FUTURE WORKFORCE GOALS AND ACTIVITIES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $3,068,857

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $3,068,857

Expense Breakdown

Grants Paid $1,798,292

Salaries & Benefits $521,070

Fundraising Expenses $0

Program Expenses $2,498,833

Other Expenses $865,583

TOTAL EXPENSES $3,184,945

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,068,857	$4,207,392	-0.3%
Expenses	$3,184,945	$4,043,792	-0.2%
Net Income	$-116,088	$163,600	-1.7%

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

$134,923

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DEBBIE WILLIAMS	DIRECTOR	0.50	Director	$0	$0	$0
BOB YOUNG	CHAIRMAN	0.50	Officer Director	$0	$0	$0
RANDY PORTER	CLEO	0.50	Officer Director	$0	$0	$0
JOHN BELL	DIRECTOR	0.50	Director	$0	$0	$0
JAMES SPECK	DIRECTOR	0.50	Director	$0	$0	$0
TAMMY HOGAN	DIRECTOR	0.50	Director	$0	$0	$0
BETH DAVIS	DIRECTOR	0.50	Director	$0	$0	$0
TIM PAINTER	DIRECTOR	0.50	Director	$0	$0	$0
LYNDA HUDDLESTON	DIRECTOR	0.50	Director	$0	$0	$0
BARRY AUSTIN	DIRECTOR	0.50	Director	$0	$0	$0
TYLER ASHER	DIRECTOR	0.50	Director	$0	$0	$0
BILL ROBBINS	DIRECTOR	0.50	Director	$0	$0	$0
ANGELA REGITKO	DIRECTOR	0.50	Director	$0	$0	$0
THOMAS PAYNE	DIRECTOR	0.50	Director	$0	$0	$0
AMY PROFANT	DIRECTOR	0.50	Director	$0	$0	$0
JENNIFER SHERWOOD	DIRECTOR	0.50	Director	$0	$0	$0
RICHARD THOMAS	DIRECTOR	0.50	Director	$0	$0	$0
MIKE FRANKLIN	DIRECTOR	0.50	Director	$0	$0	$0
PAULETTE SCOTT	DIRECTOR	0.50	Director	$0	$0	$0
JOANNA WILLIAMS	DIRECTOR	0.50	Director	$0	$0	$0
RANDALL ALLEN	DIRECTOR	0.50	Director	$0	$0	$0
TANNER COX	DIRECTOR	0.50	Director	$0	$0	$0
VICKI BAUCUM	DIRECTOR	0.50	Director	$0	$0	$0
KOSTA YEPIFANTSEV	DIRECTOR	0.50	Director	$0	$0	$0
LISA LANE	DIRECTOR	0.50	Director	$0	$0	$0
MELISSA ALLEN	DIRECTOR	0.50	Director	$0	$0	$0
SHELLY CHRISTIAN	DIRECTOR	0.50	Director	$0	$0	$0
BECKY HULL	EXECUTIVE DIRECTOR	40.00	Officer	$71,701	$9,937	$81,638
STACEY THORGENSEN	FISCAL AGENT	40.00	Officer	$14,481	$2,304	$16,785
ZACHARY DAVIDSON	FISCAL AGENT	40.00	Officer	$22,720	$2,146	$24,866
CHRIS KING	FISCAL AGENT	40.00	Officer	$11,080	$554	$11,634

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	$3,068,857	$3,184,945	$3,034,162	$-116,088
2024	$4,207,392	$4,043,792	$4,824,332	$163,600
2023	$3,561,541	$3,508,751	$1,036,095	$52,790
2022	$3,404,539	$3,320,770	$601,122	$83,769
2021	$2,566,070	$2,572,476	$393,406	$-6,406
2020	$2,500,935	$2,531,309	$538,511	$-30,374

UPPER CUMBERLAND LOCAL WORKFORCE DEVELOPMENT BOARD INC