Overview
What is Workforce Resource Inc?
Workforce Resource Inc, also known as Workforce Solutions North Texas, is a nonprofit organization based in Wichita Falls, Texas. With a workforce of nine individuals, this entity plays a crucial role in providing employment and training services to adults, youth, and dislocated workers in North Texas under the Workforce Innovation and Opportunity Act (WIOA). Their mission is to place North Texans in jobs and equip workers with essential skills that contribute to economic development. Workforce Resource Inc offers a range of services, including core services that inform clients about the labor market, intensive services with staff-assisted job search and occupational development, and training services that cover occupational skills training for eligible clients.
Official website here: www.ntxworksolutions.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 62%)
Workforce Resource Inc has received a two-star rating from Charity Navigator, indicating a need for improvement. The organization excels in accountability and finance, achieving a perfect score of 100%. Key strengths include a fully independent board, strong conflict of interest and whistleblower policies, and effective documentation practices, all contributing to a transparent governance structure.
Despite these strengths, there are concerns regarding the organization's financial ratios. The liabilities to assets ratio stands at 87.87%, suggesting a high level of debt relative to assets, while a fundraising efficiency ratio of $0.00 raises questions about the organization's ability to effectively raise funds. Additionally, the working capital ratio of 0.04 years indicates potential liquidity issues, which can impact operational sustainability.
Overall, while Workforce Resource Inc demonstrates commendable governance practices, the financial challenges highlighted in their ratings may hinder their long-term effectiveness and growth potential in fulfilling their mission.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Workforce Resource Inc?
82% of reviewers on Facebook recommend Workforce Resource Inc. Here’s a summary of their insights:
Many users express appreciation for the helpfulness and supportive nature of the staff. One reviewer noted their positive experience, mentioning plans to return for further assistance regarding target occupations. This indicates a satisfaction with the guidance provided and a willingness to engage with the nonprofit further.
Overall, the sentiment reflects a favorable impression of Workforce Resource Inc, with individuals feeling supported in their career planning and job search endeavors.
This AI summary has been generated from reviews found on Facebook.
Is Workforce Resource Inc legitimate?
Workforce Resource Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Workforce Resource Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $351,061
For more financial information, click here
Official website here: www.ntxworksolutions.org
What is the mission statement of Workforce Resource Inc?
Workforce Resource Inc is dedicated to helping North Texans secure employment and acquire the necessary skills that foster economic development. This federally funded organization operates under the Workforce Innovation and Opportunity Act (WIOA), which provides various levels of employment and training services to adults, youth, and dislocated workers. The core services aim to inform and educate clients about the labor market, while intensive services offer staff-assisted job search and occupation development. Training services cover the cost of occupational skills training for eligible clients.
Official website here: www.ntxworksolutions.org
Who is the CEO of Workforce Resource Inc?
Lisa Mcdaniel is the Chair of Workforce Resource Inc.
Official website here: www.ntxworksolutions.org
What is the revenue of Workforce Resource Inc?
Workforce Resource Inc's revenue in 2022 was $13,420,337.
Official website here: www.ntxworksolutions.org
Who are the executives of Workforce Resource Inc and what are their salaries?
The average compensation at Workforce Resource Inc during 2022 was $39,007. There are 9 employees at Workforce Resource Inc.
Here are 26 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $77,295
- Related: $0
- Other: $0
Official website here: www.ntxworksolutions.org
Where can I find the form 990 for Workforce Resource Inc?
Workforce Resource Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ntxworksolutions.org
Learn more at the official website: www.ntxworksolutions.org
Mission Statement of Workforce Resource Inc
Workforce Resource Inc, a key player in the employment sector, is dedicated to placing North Texans in jobs and equipping workers with the necessary skills that foster economic development. This mission is accomplished through the Workforce Innovation and Opportunity Act (WIOA), a federally funded program, which provides employment and training services to adults, youth, and dislocated workers.
At the core of Workforce Resource Inc's services, informing and educating clients about the labor market is crucial. However, the organization goes beyond just information by offering intensive services, where job search and occupational development are staff-assisted. This hands-on approach sets the stage for individuals to build a solid foundation for their career paths.
Moreover, Workforce Resource Inc offers training services that pay for occupational skills training for eligible clients. By investing in their clients' futures, the organization helps bridge the gap between job seekers and employers, ensuring a skilled workforce that drives economic growth. Through the WIOA program, Workforce Resource Inc empowers North Texans to secure employment and reach their full potential.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Workforce Resource Inc has a significant impact on the North Texas community by facilitating job placements and enhancing workforce skills, which are crucial for driving economic development. Through programs under the Workforce Innovation and Opportunity Act (WIOA), they provide vital employment and training services tailored for adults, youth, and dislocated workers.
The organization offers a structured approach to workforce development with three tiers of service. Core services inform and educate individuals about the labor market, equipping them with essential knowledge to navigate job opportunities. For those needing more hands-on assistance, intensive services provide staff-supported job searches and occupational development, ensuring that clients receive personalized guidance in their employment journey. Furthermore, the training services offered cover occupational skills training for eligible clients, directly contributing to their employability and proficiency in various trades.
By prioritizing these initiatives, Workforce Resource Inc not only helps individuals secure employment but also fosters a more skilled labor force in North Texas, ultimately supporting the region's economic growth and stability.
This information is meant to be a general summary of Workforce Resource Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $13,420,337
Assets and Liabilities:
- Total Assets: $3,921,859
- Total Liabilities: $3,514,489
- Net Assets: $407,370
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1996
Phone
(940) 767-1432Principal Officer
Lisa Mcdaniel
Main Address
1501 MIDWESTERN PARKWAY 101, WICHITA FALLS, TX, 76302
Website
www.ntxworksolutions.orgNTEE Category
Code: J05 - Employment
If you are a representative of Workforce Resource Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.