Workforce Solutions
Legal name: Lower Rio Grande Valley Workforce Development Board Inc
Nonprofit profile at a glance
- EIN
- 742940085
- IRS 990 coverage
- 2009–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- McAllen, TX, US
- Phone
- (956) 928-5000
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Employment Procurement Assistance
Reported finances
- Revenue
- $108,367,990
- Expenses
- $108,121,159
- Assets
- $9,546,202
- Liabilities
- $7,961,204
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
31 people listed
Executive titles in this filing
- FRANCISCO ALMARAZ (CHIEF EXECUTIVE OFFICER)
Highest reported compensation
- FRANCISCO ALMARAZ (CHIEF EXECUTIVE OFFICER): $190,405 total reported compensation
- MARTIN CUEVAS (CHIEF FINANCIAL OFFICER): $123,148 total reported compensation
- FLOR E LEAL (CHIEF OPERATING OFFICER): $121,387 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide workforce development services that connect job seekers with employment opportunities and support economic growth in the Lower Rio Grande Valley.
What it reported doing in 2024
Provides for implementation and development of a comprehensive workforce investment system program in the lower rio grande valley counties of hidalgo, starr, and willacy. The program helps americans access the tools they need to manage their careers through information and high-quality services and to help u.s. Companies find skilled workers. Customers served in hidalgo, willacy, and starr counties equaled 73,409 and employers served equaled 2,082. In addition, we assisted the Texas attorney general in recovering $149,064,293 in back-owed child support payments since 2005. Lrgvwdb served more than 12,103 children daily with childcare, served 2,524 migrant and seasonal farm workers, and served 1,045 veterans.
Operating model
- Revenue model
- Grant-funded. 98% of the money available for current operations came from government grants.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
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: 87
- Transparency & Controls: 74
- Accountability: 95
- Sustainability: 28
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 98.2%; rating input score 98
- Program expense ratio: 98.5%; rating input score 98
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 77th percentile among comparable filings
- Governance controls: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 0.2%; rating input score 32; 32nd percentile among comparable filings
- Total-asset coverage ratio: 0.09; rating input score 2; 2nd percentile among comparable filings
- Liabilities to assets ratio: 0.83; rating input score 16; 16th percentile among comparable filings
- Officer compensation ratio: 0.4%; rating input score 86; 86th percentile among comparable filings
Growth
- Program expense growth: 9.8% per year; rating input score 100; 74th percentile among comparable filings
- Revenue growth: 5.7% per year; rating input score 100; 49th percentile among comparable filings
- Asset growth: 9.1% per year; rating input score 100; 65th percentile among comparable filings
Details
- What they do: 5 programs and campaigns described on the official site · 7 operating locations identified
- Where the money goes: 98.2% of revenue deployed · 98.5% of spending went to programs
- Governance: 29 of 29 board members independent · 8 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $106.4M in reported program spending
- Leadership: top reported pay $190K · 31 people listed · 2 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $8M reported
- Consistency: 32 of 32 current checks pass
- Schedules: 5 filed schedules · includes major donors and executive pay
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- 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.
- Moderate — Sustainability: Operating margin scored 32/100.
- High — Sustainability: Total-asset coverage ratio scored 2/100.
- Review — Accountability: Governance controls: Whistleblower policy not reported.
- High — Sustainability: Liabilities to assets ratio scored 16/100.