WORKFORCE EVOLVED INC

EIN: 852860047 501(c)(3) Human Services

Tampa, FL

Total Revenue
$118,148
Total Expenses
$120,287
Total Assets
$-49
Net Assets
$-49
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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
2020
Legal Domicile
FL
Tax Period
2024-01-01 to 2024-12-31

WORKFORCE EVOLVED INC, founded in 2020, is a small nonprofit in the Human Services sector that reported $118K in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion.

Mission

Build bridges to the middle class for underserved and underrepresented communities through strategic skills training and to champion equitable access to high-wage , high-demand careers by offering scholarships, wrap around services, and a transition into paid apprentices.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $118,148
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $118,148

Expense Breakdown

Grants Paid $115,407
Salaries & Benefits $2,205
Fundraising Expenses $0
Program Expenses $117,612
Other Expenses $2,675
TOTAL EXPENSES $120,287

Year-over-Year Comparison

2024 2023 Change
Revenue $118,148 $101,395 +0.2%
Expenses $120,287 $100,999 +0.2%
Net Income $-2,139 $396 -6.4%
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

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Governance

Voting Members
3
Independent Members
2
Employees
1
Volunteers
2

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
0
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Chris Reber N/A 0.00
Director
$0 $0 $0
Crystal Davidson N/A 0.00
Director
$0 $0 $0
Cesar Ruiz Chairman 0.00
Director
$0 $0 $0
Ruth Tirado N/A 0.00
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
2025 No data No data No data No data
2024 $118,148 $120,287 $-49 $-2,139
2023 $101,395 $100,999 $454,798 $396
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