Lower Rio Grande Valley Work Force Development Board Inc
Mcallen, Texas
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Above Average
How This Organization Compares
Compared to 25 peers in Employment with $100M-$1B revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $95,407,191 | $95,216,513 | $11,824,680↑44% | |
| 2022 | $95,386,747↑43% | $95,149,476↑43% | $8,185,385↑57% | — |
| 2021 | $66,497,869↓11% | $66,421,550↓11% | $5,212,488↑6% | — |
| 2020 | $74,780,739↑20% | $74,797,467↑21% | $4,898,642↓19% | — |
| 2019 | $62,157,807↑32% | $61,991,797↑32% | $6,076,118↑29% | — |
| 2018 | $47,020,287↑9% | $46,895,291↑9% | $4,712,038↑18% | — |
| 2017 | $43,149,654↓3% | $43,171,123↓2% | $3,983,985↑36% | — |
| 2016 | $44,290,697↓3% | $44,273,417↓3% | $2,924,692↓9% | — |
| 2015 | $45,766,736↑4% | $45,719,616↑4% | $3,205,945↓12% | — |
| 2014 | $44,028,492↓1% | $44,028,492↓1% | $3,648,756↓6% | — |
| 2013 | $44,622,593↓9% | $44,622,593↓9% | $3,878,055↑8% | — |
| 2012 | $49,038,440↓17% | $49,038,677↓17% | $3,589,329↓9% | — |
| 2011 | $59,278,066 | $59,281,300 | $3,961,735 | — |
Frequently Asked Questions
What does Lower Rio Grande Valley Work Force Development Board Inc do?▼
Lower Rio Grande Valley Work Force Development Board Inc is a employment nonprofit organization based in Texas. It is classified under NTEE code J20 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Lower Rio Grande Valley Work Force Development Board Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Lower Rio Grande Valley Work Force Development Board Inc has a score of 57/100 (Grade: B). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Lower Rio Grande Valley Work Force Development Board Inc generate?▼
Lower Rio Grande Valley Work Force Development Board Inc reports $100.3M in annual revenue and holds $12.2M in total assets, based on IRS filings.
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