Benton-franklin Workforce Development Council
Nonprofit profile at a glance
- EIN
- 911250599
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Kennewick, WA, USA
- Phone
- 5097345996
- Rating
- 89
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $6,129,890
- Expenses
- $6,076,547
- Assets
- $2,038,369
- Liabilities
- $1,813,034
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
23 people listed
Executive titles in this filing
- CYNTHIA GARCIA (EXECUTIVE DIRECTOR)
Highest reported compensation
- CYNTHIA GARCIA (EXECUTIVE DIRECTOR): $125,051 total reported compensation
- DEANN BOCK (FISCAL DIRECTOR): $110,790 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The benton-franklin workforce development council administers employment and training services at worksource and tc futures. We are dedicated to collaborating with community partners to meet the needs of the job seeker and the employer customer.
What it reported doing in 2024
Utilize state and federal funds to provide employment and training services to employers and job seekers in benton and franklin counties. Met or exceeded state and federal performance measures for intensive training services per the following: adult formula = 221youth formula = 216dislocated worker formula = 146economic security for all state ecsa = 243 state ecsa business services = 834 federal ecsa = 38 quest = 95community reinvestment program incentives = 107 business = 157
Operating model
- Revenue model
- Grant-funded. 93% of the money available for current operations came from government grants.
- Distribution model
- Grant intermediary. The nonprofit sent 90% of its reported program spending out as grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 89
- Transparency & Controls: 94
- Accountability: 95
- Sustainability: 29
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 87%; rating input score 87
- Program expense ratio: 87.7%; rating input score 88
- Fundraising efficiency: $408,653.87 raised per $1 spent on fundraising; rating input score 100; 100th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 0.9%; rating input score 37; 37th percentile among comparable filings
- Total-asset coverage ratio: 0.34; rating input score 11; 11th percentile among comparable filings
- Liabilities to assets ratio: 0.89; rating input score 8; 8th percentile among comparable filings
- Officer compensation ratio: 3.9%; rating input score 62; 62nd percentile among comparable filings
Growth
- Program expense growth: 6.1% per year; rating input score 100; 46th percentile among comparable filings
- Revenue growth: 4.4% per year; rating input score 100; 37th percentile among comparable filings
- Asset growth: 15.4% per year; rating input score 100; 75th percentile among comparable filings
Details
- Where the money goes: 87% of revenue deployed · 87.7% of spending went to programs
- Governance: 20 of 20 board members independent · 8 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $5.3M in reported program spending
- Leadership: top reported pay $125K · 23 people listed
- Consistency: 30 of 30 current checks pass
- Schedules: 5 filed schedules · includes major donors and grants
- Filing history: 13 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- Related organizations: 1 filed related-organization link
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- Moderate — Sustainability: Operating margin scored 37/100.
- High — Sustainability: Total-asset coverage ratio scored 11/100.
- Review — Accountability: Governance controls: Other executive compensation review process not reported.
- High — Sustainability: Liabilities to assets ratio scored 8/100.
- High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.