Southwest Washington Workforce Development Council
Nonprofit profile at a glance
- EIN
- 010726348
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024
- Location
- Vancouver, WA, USA
- Phone
- 3605673171
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Private Grantmaking Foundations
Reported finances
- Revenue
- $10,224,814
- Expenses
- $10,243,125
- Assets
- $2,908,609
- Liabilities
- $2,386,059
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
14 people listed
Executive titles in this filing
- MIRIAM A HALLIDAY (CEO)
Highest reported compensation
- MIRIAM A HALLIDAY (CEO): $199,431 total reported compensation
- AMY GIMLIN (CHIEF OPERATING OFFICER): $164,097 total reported compensation
- BARRI BLAIR (CFO): $161,817 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Swwdc's mission is to prepare and promote a skilled and adaptive workforce for a thriving economy in southwest Washington. Swwdc and its community partners provide job search assistance, education and training to individuals and assist businesses to find and hire employees.
What it reported doing in 2024
With funds from swwdc, worksource centers in clark and cowlitz counties provide employment services, workshops, hiring events and case management to job seekers. Worksource assists businesses with candidate recruiting, screening, interviewing, hiring and training. Youth programs supported by swwdc help prepare young adults, ages 16-24, to be our future workforce through internships, mentoring, job training and skills development. Local companies benefit from swwdc-supported programs that enabled them to train existing employees in a variety of subjects to enhance company sustainability and profitability. Swwdc activities supported through the workforce centers serve job seekers and employers in clark, cowlitz, and wahkiakum counties.
Operating model
- Revenue model
- Grant-funded. 99% 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: 83
- Transparency & Controls: 74
- Accountability: 100
- Sustainability: 22
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 92.9%; rating input score 93
- Program expense ratio: 92.7%; rating input score 93
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd 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; 66th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- 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 30; 30th percentile among comparable filings
- Total-asset coverage ratio: 0.28; rating input score 7; 7th percentile among comparable filings
- Liabilities to assets ratio: 0.82; rating input score 13; 13th percentile among comparable filings
- Officer compensation ratio: 7.4%; rating input score 33; 33rd percentile among comparable filings
Growth
- Program expense growth: 4.1% per year; rating input score 100; 35th percentile among comparable filings
- Revenue growth: 0.3% per year; rating input score 100; 9th percentile among comparable filings
- Asset growth: 3.3% per year; rating input score 100; 25th percentile among comparable filings
Details
- Where the money goes: 92.9% of revenue deployed · 92.7% of spending went to programs
- Governance: 9 of 9 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $9.5M in reported program spending
- Leadership: top reported pay $199K · 14 people listed · 2 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $5.7M reported
- Consistency: 28 of 28 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: 5 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- 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 30/100.
- High — Sustainability: Total-asset coverage ratio scored 7/100.
- High — Sustainability: Liabilities to assets ratio scored 13/100.
- Moderate — Sustainability: Officer compensation ratio scored 33/100.