JEmploymentEIN: 742487795· Ruling Year: 1988

Rural Capital Area Workforce Development Board Inc

Cedar Park, Texas

B-Health Score
49B-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Average

How This Organization Compares

Compared to 4 peers in Employment with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.02×
Peer Median4.74×
💰
$45.7M
Total Revenue
📊
$46.4M
Total Expenses
🏦
$885K
Net Assets
📋
$7.8M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+13.7%
Year-over-year change (2022 → 2023)
Net Margin
-1.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.02
Net assets divided by total expenses
Liabilities-to-Assets
89.9%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2023$45,682,26614%$46,418,62316%$8,721,11383%
2022$40,193,84919%$40,100,19019%$4,756,05713%
2021$33,672,893259%$33,603,922258%$4,214,5846%
2020$9,372,63673%$9,396,79872%$3,991,71715%
2020$34,222,65419%$33,718,28220%$3,469,69623%
2019$28,643,69428%$28,130,33521%$4,494,570184%
2018$22,424,83021164%$23,207,6636%$1,584,27633%
2017$105,461100%$21,940,39912%$2,367,5404%
2016$24,838,9497%$24,933,8927%$2,283,2264%
2015$23,258,8416%$23,380,8067%$2,188,4334%
2014$21,883,0644%$21,755,5014%$2,277,4239%
2013$22,694,7614%$22,598,9513%$2,493,0614%
2012$21,767,4188%$21,849,5078%$2,606,7416%
2011$23,745,319$23,702,999$2,460,636

Frequently Asked Questions

What does Rural Capital Area Workforce Development Board Inc do?

Rural Capital Area Workforce Development Board Inc is a employment nonprofit organization based in Texas. It is classified under NTEE code J220 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Rural Capital Area Workforce Development Board Inc financially healthy?

Based on our 9-metric Financial Health Score model, Rural Capital Area Workforce Development Board Inc has a score of 49/100 (Grade: B-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Rural Capital Area Workforce Development Board Inc generate?

Rural Capital Area Workforce Development Board Inc reports $51.5M in annual revenue and holds $7.2M in total assets, based on IRS filings.

Similar Organizations

Explore more organizations in the Employment category, or browse all nonprofits in Texas.