Lower Rio Grande Valley Work Force Development Board Inc
98% goes to programs $0 to raise $100 Thin reserves Growing revenue
Lower Rio Grande Valley Work Force Development Board Inc is a 501(c)(3) organization based in Mcallen, Texas, registered in 2001, with $100,302,473 in FY2023 revenue. CharityIndex grades it B, and it directs about 98% of spending to programs.
3101 W Business 83, Mcallen, TX, 78501 EIN 74-2940085 Since 2001
Revenue (FY2023)
$100.3M
▲ 5.1% vs prior year
Employment median: $367K
Expenses (FY2023)
$99.9M
Net assets
$1.5M
Employees
44
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →A+Program efficiency40% of the rating98% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Lower Rio Grande Valley Work Force Development Board Inc: 98% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
CFinancial health25% of the rating0 mo reserves · +0% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Lower Rio Grande Valley Work Force Development Board Inc: 0 mo reserves · +0% margin earns a C on this criterion. See the exact thresholds →
AGovernance25% of the rating5 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Lower Rio Grande Valley Work Force Development Board Inc: 5 of 6 checks met earns a A on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Lower Rio Grande Valley Work Force Development Board Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
To provide customers with the skills and talent they need to be successful. we recognize that every customer is unique and our people are the comptetitive advantage.
Contact & location
- Address
- 3101 W Business 83, Mcallen, TX, 78501
- City
- Mcallen
- State
- Texas
- Category
- Employment
- Subcategory
- Employment Preparation & Placement
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $44.0M (FY2013) to $100.3M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $10.6MNet assets $1.5M
Operating margin
0.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$12.2M
Total liabilities
$10.6M
Net assets
$1.5M
Salaries & benefits
$3.1M
3% of expenses
Board members
29
29 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $100,302,473▲5.1% | $99,928,056▲4.9% | $1,540,234▲32.1% | $12,168,599▲2.9% | 990 |
| 2022 | $95,407,191 | $95,216,513▲0.1% | $1,165,817▲5.0% | $11,824,680▲44.5% | 990 |
| 2021 | $95,386,747▲43.4% | $95,149,476▲43.3% | $1,109,919▲34.1% | $8,185,385▲57.0% | 990 |
| 2020 | $66,497,869▼11.1% | $66,421,550▼11.2% | $827,801▲18.7% | $5,212,488▲6.4% | 990 |
| 2019 | $74,780,739▲20.3% | $74,797,467▲20.7% | $697,358▲11.5% | $4,898,642▼19.4% | 990 |
| 2018 | $62,157,807▲32.2% | $61,991,797▲32.2% | $625,348▲89.8% | $6,076,118▲28.9% | 990 |
| 2017 | $47,020,287▲9.0% | $46,895,291▲8.6% | $329,445▲199% | $4,712,038▲18.3% | 990 |
| 2016 | $43,149,654▼2.6% | $43,171,123▼2.5% | $110,016▼16.3% | $3,983,985▲36.2% | 990 |
| 2015 | $44,290,697▼3.2% | $44,273,417▼3.2% | $131,485▼4.8% | $2,924,692▼8.8% | 990 |
| 2014 | $45,766,736▲3.9% | $45,719,616▲3.8% | $138,107▲16.4% | $3,205,945▼12.1% | 990 |
| 2013 | $44,028,492 | $44,028,492▼1.3% | $118,643▼5.6% | $3,648,756▼5.9% | 990 |
| 2012 | — | $44,622,593▼9.0% | $125,709▼20.9% | $3,878,055▲8.0% | 990 |
| 2011 | — | $49,038,677▼17.3% | $158,929▼13.7% | $3,589,329▼9.4% | 990 |
| 2010 | — | $59,281,300▼7.6% | $184,094▼31.4% | $3,961,735▲9.7% | 990 |
| 2009 | — | $64,143,930 | $268,344 | $3,611,013 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Francisco Almaraz — $184,952 (0.19% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Francisco Almaraz | Chief Executive Officer | 44 | $184,952 |
| Martin Cuevas | Chief Financial Officer | 42 | $122,648 |
| Flor E Leal | Chief Operating Officer | 42 | $116,060 |
| Alberto Escobedo | Board Member | 1 | — |
| Araceli De La Garza | Vice Chair | 1 | — |
| Corina P Lavin | Board Member | 1 | — |
| Criselda M Santana | Board Member | 1 | — |
| Dalinda L Guillen | Secretary | 1 | — |
| Francisco Lugo Jr | Board Member | 1 | — |
| Frederico Lopez | Board Member | 1 | — |
| Ida Acuna Garza | Board Member | 1 | — |
| Jaime Longoria | Board Member | 1 | — |
| Jose A Ortiz | Board Member | 1 | — |
| Judith M Solis | Board Member | 1 | — |
| Kane Dawson | Board Member | 1 | — |
| Katherine Karshis | Board Member | 1 | — |
| Leo Saenz | Board Member | 1 | — |
| Lorena Castillo | Board Member | 1 | — |
| Lorissa K Luna | Treasurer | 1 | — |
| Marissa Y Cano | Board Member | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Unique Hr | Prof. Employer Svcs. | $2,762,548 |
| The Little Club Development Center Inc | Child Care Services | $1,568,130 |
| Looney Tunes Day Care Incorp | Child Care Services | $781,641 |
| Scribbles and Giggles Institute | Child Care Services | $762,883 |
| Golden Bee Learning Center | Child Care Services | $749,539 |
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Compare Lower Rio Grande Valley Work Force Development Board Inc
Frequently asked questions
- Is Lower Rio Grande Valley Work Force Development Board Inc a legitimate nonprofit?
- Yes. Lower Rio Grande Valley Work Force Development Board Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 74-2940085, based in Mcallen, Texas. Donations are tax-deductible.
- What is Lower Rio Grande Valley Work Force Development Board Inc's EIN?
- Lower Rio Grande Valley Work Force Development Board Inc's Employer Identification Number (EIN) is 74-2940085.
- How much revenue does Lower Rio Grande Valley Work Force Development Board Inc report?
- Lower Rio Grande Valley Work Force Development Board Inc reported $100,302,473 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Lower Rio Grande Valley Work Force Development Board Inc's spending goes to programs?
- Lower Rio Grande Valley Work Force Development Board Inc spends about 98% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Lower Rio Grande Valley Work Force Development Board Inc have?
- CharityIndex grades Lower Rio Grande Valley Work Force Development Board Inc B, based on program efficiency and fundraising cost.
- How much does Lower Rio Grande Valley Work Force Development Board Inc's highest-paid employee make?
- The highest reported compensation on Lower Rio Grande Valley Work Force Development Board Inc's latest Form 990 is $184,952, paid to Francisco Almaraz (Chief Executive Officer).
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Data for Lower Rio Grande Valley Work Force Development Board Inc (EIN 74-2940085) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.