WORKFORCE DEVELOPMENT COUNCIL SNOHOMISH COUNTY

EIN: 912071882 501(c)(3) Education

EVERETT, WA

Total Revenue
$10,543,151
Total Expenses
$10,806,731
Total Assets
$3,948,851
Net Assets
$1,265,284
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
WA
Principal Officer
JOY EMORY
Phone
4259213423
Tax Period
2024-07-01 to 2025-06-30

WORKFORCE DEVELOPMENT COUNCIL SNOHOMISH COUNTY, founded in 2000, is a mid-sized nonprofit in the Education sector that reported $10.5M in total revenue in fiscal year 2024. Revenue grew 19% year-over-year, indicating healthy expansion.

Mission

WORKFORCE SNOHOMISH INVESTS GOVERNMENT AND PRIVATE FUNDING TO CONTINUOUSLY INCREASE THE GLOBAL COMPETITIVENESS AND PROSPERITY OF OUR BUSINESSES AND WORKFORCE, TO FILL CURRENT AND EMERGING JOBS, AND TO PROVIDE FULL EMPLOYMENT. OUR INVESTMENTS ARE MADE THROUGH EFFECTIVE BUSINESS, LABOR, EDUCATIONAL, COMMUNITY BASED, AND SERVICE PROVIDER ORGANIZATIONS FOR THE OPPORTUNITY, ECONOMIC WELLBEING, AND BENEFIT OF OUR ENTIRE COMMUNITY.

Program Service Accomplishments

Program 1
Expenses: $4,231,906

SINCE ITS INCEPTION, WORKFORCE SNOHOMISH HAS UNDERPINNED THE COUNTY'S ECONOMIC FOUNDATION BY STRENGTHENING LOCAL BUSINESSES, SUPPORTING WORKERS, AND ASSISTING UNEMPLOYED RESIDENTS FIND GAINFUL...

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SINCE ITS INCEPTION, WORKFORCE SNOHOMISH HAS UNDERPINNED THE COUNTY'S ECONOMIC FOUNDATION BY STRENGTHENING LOCAL BUSINESSES, SUPPORTING WORKERS, AND ASSISTING UNEMPLOYED RESIDENTS FIND GAINFUL EMPLOYMENT. WE ENSURE PEOPLE HAVE THE OPPORTUNITY TO THRIVE AND ENGAGE IN A VIBRANT COMMUNITY. THE WORK SOURCE CENTER STAFF ASSIST EMPLOYERS AND BUSINESS OWNERS WITH STAFF RECRUITMENT AND LAYOFF AVERSION BUSINESS PLANNING AND INDUSTRY TRENDS. THIS IS THE ONLY SERVICE IN THE COUNTY THAT OFFERS ALL OF THESE SERVICES AT NO CHARGE TO THE PARTICIPANT.

Program 2
Expenses: $5,433,562 Revenue: $2,604

WORKFORCE SNOHOMISH IS COMMITTED TO RE-TRAINING AND RE-EMPLOYMENT SERVICES THAT ALIGN WITH REGIONAL EMPLOYER DEMAND. RECOGNIZING THAT JOB SEEKERS OFTEN REQUIRE SUPPORT BEYOND TRADITIONAL CAREER...

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WORKFORCE SNOHOMISH IS COMMITTED TO RE-TRAINING AND RE-EMPLOYMENT SERVICES THAT ALIGN WITH REGIONAL EMPLOYER DEMAND. RECOGNIZING THAT JOB SEEKERS OFTEN REQUIRE SUPPORT BEYOND TRADITIONAL CAREER CENTERS, WORKFORCE SNOHOMISH INVESTS IN PROGRAMS THAT EQUIP INDIVIDUALS WITH THE SKILLS AND CREDENTIALS NEEDED FOR HIGH-DEMAND CAREERS. BY SECURING COMPETITIVE FEDERAL, STATE, AND PRIVATE GRANTS, WORKFORCE SNOHOMISH DEVELOPS TARGETED TRAINING INITIATIVES THAT ADDRESS SKILL GAPS, SUPPORT CAREER TRANSITIONS, AND CONNECT JOB SEEKERS WITH EMERGING OPPORTUNITIES IN GROWING AND EVOLVING INDUSTRIES. THROUGH STRATEGIC PARTNERSHIPS WITH BUSINESSES AND EDUCATIONAL INSTITUTIONS, WORKFORCE SNOHOMISH ENSURES THAT WORKFORCE DEVELOPMENT EFFORTS MEET THE NEEDS OF EMPLOYERS WHILE EMPOWERING INDIVIDUALS TO SECURE MEANINGFUL EMPLOYMENT.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $10,538,076
Program Service Revenue $2,604
Investment Income $2,471
Other Revenue $0
TOTAL REVENUE $10,543,151

Expense Breakdown

Grants Paid $6,144,157
Salaries & Benefits $3,270,620
Fundraising Expenses $0
Program Expenses $9,665,468
Other Expenses $1,391,954
TOTAL EXPENSES $10,806,731

Year-over-Year Comparison

2024 2023 Change
Revenue $10,543,151 $8,835,783 +0.2%
Expenses $10,806,731 $9,177,255 +0.2%
Net Income $-263,580 $-341,472 -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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Governance

Voting Members
4
Independent Members
4
Employees
34
Volunteers
4

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
4
$530,708
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
4
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARY JANE BRELL VUJOVIC BOARD MEMBER 1.00
Director
$0 $0 $0
RACHEL MACKLIN BOARD CHAIR/TREASURER/SECRETARY 1.00
Officer Director
$0 $0 $0
TOM ROSSMAN BOARD MEMBER 1.00
Director
$0 $0 $0
JAMPA JORKHANG BOARD MEMBER 1.00
Director
$0 $0 $0
TIM JUMPER THRU 112024 BOARD MEMBER 1.00
Director
$0 $0 $0
CELICA QUIRARTE THRU 102024 BOARD MEMBER 1.00
Director
$0 $0 $0
JOY EMORY PRESIDENT/CEO 40.00
Officer
$159,411 $28,933 $188,344
LISA SEVERTSEN VICE PRESIDENT FINANCE 40.00
Officer
$157,360 $18,152 $175,512
DEBBIE LITTLE CHIEF ADMIN. OFFICER 40.00
Officer
$147,357 $19,495 $166,852
KATHLEEN BOUGAZZOUL CHIEF PROGRAM OFFICER 40.00
Highest
$159,247 $19,719 $178,966
JACK CHAPMAN SENIOR DIRECTOR OF PROGRAMS 40.00
Highest
$132,558 $20,374 $152,932
CASSONDRA YI DIRECTOR OF PROGRAMS 40.00
Highest
$101,975 $19,091 $121,066
MARY HOUSTON DIRECTOR OF WORKSOURCE SYSTEM 40.00
Highest
$107,162 $61,365 $168,527
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 $10,543,151 $10,806,731 $3,948,851 $-263,580
2024 $8,835,783 $9,177,255 $4,533,952 $-341,472
2023 $9,837,529 $9,796,880 $5,275,214 $40,649
2022 $9,161,437 $9,524,066 $3,307,517 $-362,629
2021 $47,934,088 $46,010,206 $4,878,979 $1,923,882
2020 $6,056,072 $6,140,997 $1,131,385 $-84,925
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