Charity Search / CENTRAL TEXAS WORKFORCE DEVELOPMENT BOARD INC
Employment (J20) 990 on File

CENTRAL TEXAS WORKFORCE DEVELOPMENT BOARD INC

EIN: 74-2855088 · BELTON, TX 76513-0450 · United States · FY 2023 Data
3 out of 5 52 / 100 Based on 2+ years of filings
Financial strength (30%) 66/100
Reliability (20%) 55/100
Effectiveness (25%) 85/100
Impact (25%) No data yet
Financial data: FY 2023 · Scored 9/13/2026
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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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Organization Details
EIN
74-2855088
State
TX
City
BELTON
ZIP
76513-0450
Classification
J20
Category
Employment
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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