Employment
(J20)
990 on File
CENTRAL TEXAS WORKFORCE DEVELOPMENT BOARD INC
Financial strength (30%)
66/100
Reliability (20%)
55/100
Effectiveness (25%)
85/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2023
$38.2M
Total Revenue
$38.2M
Total Expenses
$-13,090
Net Assets
21
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
88.5%
Fundraising Efficiency
N/A
Operating Reserve
0.00x
Liability-to-Asset
100.2%
Revenue Diversification
100.0%
Executive Compensation
$245K
Compared with Peers
FY 2023
Compared with 340 similar organizations
(United States, Employment, $10M–$100M in expenses), FY 2023.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
88.5% | 87.7% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
11.5% | 11.5% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
0.0 mo | 7.7 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
100.2% | 34.2% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
100.0% | 92.3% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
17.8% | 8.9% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
17.5% | 9.8% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
0.0% | 2.5% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $38.2M | $38.2M | $-13,090 | 88.5% | 21 |
| 2022 | $32.4M | $32.5M | $-7,199 | 91.0% | 21 |
| 2021 | $53.6M | $26.8M | N/A | — | 19 |
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