LOS ANGELES, CA
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)WORKER EDUCATION & RESOURCE CENTER INC, founded in 2002, is a community nonprofit in the Education sector that reported $4.6M in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year.
WORKER EDUCATION AND RESOURCE CENTER, INC. (WERC) IS A 501(C)3 NON-PROFIT ENTITY THAT WAS INCORPORATED IN 2002, ORIGINALLY TO IMPLEMENT THE HEALTH CARE WORKFORCE DEVELOPMENT PROGRAM (HCWDP), WHICH IS A LABOR/MANAGEMENT PARTNERSHIP BETWEEN THE LA COUNTY DEPARTMENT OF HEALTH SERVICES (LACDHS) AND THE SERVICE EMPLOYEES INTERNATIONAL UNION LOCAL 721 (SEIU).THE PRIMARY PURPOSE OF WERC IS TO OFFER CAREER LADDER, SKILLS DEVELOPMENT, AND EDUCATIONAL WORKSHOPS AND PROGRAMS FOR THE FRONTLINE WORKFORCE THAT PROVIDES HEALTHCARE SERVICES TO LOS ANGELES COUNTY'S MOST MEDICALLY VULNERABLE COMMUNITIES. WERC DERIVES ITS REVENUE FROM COST-REIMBURSEMENT CONTRACTS WITH THE COUNTY OF LOS ANGELES AS WELL AS FROM FEDERAL AND PHILANTHROPIC GRANTS.
PLACE (PREPARING LOS ANGELES FOR COUNTY EMPLOYMENT), WHICH PREPARES PEOPLE WITH BARRIERS TO EMPLOYMENT FOR, AND PLACES THEM IN, COUNTY JOBS RESULTING IN PERMANENT EMPLOYMENT AND A CAREER PATHWAY...
PLACE (PREPARING LOS ANGELES FOR COUNTY EMPLOYMENT), WHICH PREPARES PEOPLE WITH BARRIERS TO EMPLOYMENT FOR, AND PLACES THEM IN, COUNTY JOBS RESULTING IN PERMANENT EMPLOYMENT AND A CAREER PATHWAY. TARGET POPULATIONS FOR PLACE INCLUDE, AMONG OTHERS, INDIVIDUALS RECEIVING COUNTY SERVICES, PEOPLE LIVING IN ECONOMICALLY DISADVANTAGED AREAS, JUSTICE-INVOLVED INDIVIDUALS, TRANSITIONAL AGED YOUTH, HOMELESS AND HOUSING INSECURE INDIVIDUALS, AND UNDERREPRESENTED POPULATIONS. PARTICIPANTS UNDERGO A SCREENING AND SELECTION PROCESS, 8-WEEK CLASSROOM TRAINING, AND ARE PAIRED WITH A CASE MANAGER WHO SUPPORTS THEM FOR AT LEAST 9 MONTHS.
WERC DESIGNED, DEVELOPED AND IMPLEMENTED A VARIETY OF TRAINING PROGRAMS AND EDUCATIONAL TOOLS FOR THE DEPARTMENT OF HEALTH SERVICES. EDUCATIONAL SUBJECTS INCLUDED BEST PRACTICES FOR EFFECTIVE...
WERC DESIGNED, DEVELOPED AND IMPLEMENTED A VARIETY OF TRAINING PROGRAMS AND EDUCATIONAL TOOLS FOR THE DEPARTMENT OF HEALTH SERVICES. EDUCATIONAL SUBJECTS INCLUDED BEST PRACTICES FOR EFFECTIVE COMMITTEES AND MULTIPLE WORKSHOPS AND TRAININGS PERTAINING TO THE IMPLEMENTATION OF THE DEPARTMENT'S JUST CULTURE CAMPAIGN. WERC ALSO PRODUCED A SERIES OF FOUR EDUCATIONAL VIDEOS THAT HIGHLIGHTED THE DEPARTMENT'S FOCUS ON CONTINUOUS IMPROVEMENT.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $4,608,528 | $4,920,374 | -0.1% |
| Expenses | $4,552,743 | $4,959,683 | -0.1% |
| Net Income | $55,785 | $-39,309 | -2.4% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
Sign in to view all financial metrics
Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| PATRICK DEL CONTE | EXECUTIVE BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| THERESA VELASCO | EXECUTIVE BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DAVID GREEN | PRESIDENT | 1.00 |
Officer
|
$0 | $0 | $0 |
| SHEILA EATON | TREASURER | 1.00 |
Officer
|
$0 | $0 | $0 |
| MARK FAUCETTE | SECRETARY | 1.00 |
Officer
|
$0 | $0 | $0 |
| JONATHAN FREEDMAN | VICE PRESIDENT | 1.00 |
Officer
|
$0 | $0 | $0 |
| LEONA SMITH DI FAUSTINO | EXECUTIVE DIRECTOR | 40.00 |
Highest
|
$141,054 | $10,462 | $151,516 |
| KEMBERLY CARRUTHERS | DIRECTOR OF FINANCE & HUMA | 40.00 |
Highest
|
$142,662 | $12,139 | $154,801 |
| WENDY P BARRENO | FORMER DIRECTOR OF GROWTH & INNOV | 40.00 |
|
$66,471 | $9,965 | $76,436 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $4,608,528 | $4,552,743 | $5,635,030 | $55,785 |
| 2024 | $4,920,374 | $4,959,683 | $5,224,903 | $-39,309 |
| 2023 | $5,204,789 | $4,422,369 | $5,293,894 | $782,420 |
| 2022 | $3,513,070 | $2,810,968 | $4,284,407 | $702,102 |
| 2021 | $3,126,599 | $2,385,658 | $3,566,673 | $740,941 |
| 2020 | $2,470,959 | $2,315,174 | $2,787,430 | $155,785 |
| 2019 | $2,525,516 | $2,532,767 | $2,693,181 | $-7,251 |
Compare WORKER EDUCATION & RESOURCE CENTER INC with other nonprofits in California and across the country.