BERKS LATINO WORKFORCE DEVELOPMENT CORPORATION (EIN 842735102) - 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

VIOLET EMORY

Phone

4845133348

Tax Period

2023-01-01 to 2023-12-31

BERKS LATINO WORKFORCE DEVELOPMENT CORPORATION, founded in 2019, is a community nonprofit in the Education sector that reported $1.3M in total revenue in fiscal year 2023. Revenue surged 29% from the prior year, signaling strong growth momentum. The organization ran a surplus of $442K, a strong 35% operating margin.

Mission

EDUCATION AND WORKFORCE DEVELOPMENT THAT LEADS TO HOUSEHOLD SELF-SUFFICIENCY

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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 $1,213,107

Program Service Revenue $0

Investment Income $59,937

Other Revenue $0

TOTAL REVENUE $1,273,044

Expense Breakdown

Grants Paid $0

Salaries & Benefits $348,617

Fundraising Expenses $17,011

Program Expenses $603,374

Other Expenses $482,781

TOTAL EXPENSES $831,398

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,273,044	$985,994	+0.3%
Expenses	$831,398	$418,884	+1.0%
Net Income	$441,646	$567,110	-0.2%

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

$88,531

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LIZETTE EPPS	VICE CHAIR THRU SEPT, CHAIR AS OF OCT	11.00	Officer Director	$0	$0	$0
DAYANA BLANDON	SECRETARY THRU SEPT; VICE CHAIR AS OF OCT	1.00	Officer Director	$0	$0	$0
JOHN WEIDENHAMMER	BOARD MEMBER; SECRETARY AS OF OCT	1.00	Officer Director	$0	$0	$0
ERLAN DOBRONSKY	TREASURER AS OF OCT	1.00	Officer Director	$0	$0	$0
LUCY CORTEZ	TREASURER THRU JUNE	1.00	Officer Director	$0	$0	$0
JONATHAN ENCARNACIN	CHAIR THRU SEPT; BOARD MEMBER	1.00	Director	$0	$0	$0
CARLOS GRAUPERA	BOARD MEMBER	1.00	Director	$0	$0	$0
DR SUSAN LOONEY	BOARD MEMBER	1.00	Director	$0	$0	$0
MARY L MISSY ORLANDO	BOARD MEMBER	1.00	Director	$0	$0	$0
BARRY SCHLOUCH	BOARD MEMBER AS OF JUNE	1.00	Director	$0	$0	$0
RAMON MELCIO	BOARD MEMBER THRU JULY	1.00	Director	$0	$0	$0
THOMAS HECK	BOARD MEMBER; TREASURER JUN-SEPT	1.00	Director	$0	$0	$0
VIOLET EMORY	EXECUTIVE DIRECTOR	40.00	Officer	$88,531	$0	$88,531

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	No data	No data	No data	No data
2023	$1,273,044	$831,398	$3,742,706	$441,646
2022	$985,994	$418,884	$1,334,574	$567,110
2021	$451,178	$300,975	$673,902	$150,203

BERKS LATINO WORKFORCE DEVELOPMENT CORPORATION