West Central Texas Workforce Development Board Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 0 | 0 | 0 | — | — |
| 2013 | 123,432 | 110,349 | 13,083 | 2.0 | — |
| 2014 | 67,653 | 61,811 | 5,842 | 4.6 | — |
| 2015 | 71,228 | 50,030 | 21,198 | 10.8 | — |
| 2016 | 52,838 | 32,274 | 20,564 | 24.4 | — |
| 2017 | 389,869 | 217,731 | 172,138 | 13.1 | 0% |
| 2018 | 134,048 | 218,331 | −84,283 | 4.0 | — |
| 2019 | 49,533 | 57,080 | −7,547 | 13.9 | — |
| 2021 | 742,421 | 439,218 | 303,203 | 15.5 | 50% |
| 2022 | 424,926 | 782,128 | −357,202 | 3.2 | 58% |
| 2023 | 1,619,643 | 1,009,983 | 609,660 | 9.7 | 60% |
In its most recent public year (2023), this organization brought in $609,660 more than it spent. Its reserves stood at about 9.7 months of spending. Staff pay was 60% of spending. $803,850 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
West Central Texas Workforce Development Board Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works