Alamo Workforce Development INC EIN 74-2709309

Alamo Workforce Development INC

EIN  74-2709309 Public charity (501(c)(3)) San Antonio, TX Founded 1994
Form 990 (PDF) Compare with another nonprofit →
Verified accurate 7/6/26 · see original filing: IRS
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Size
$100M+
What they do
Connects workers with jobs to boost the regional economy.
Leadership
Adrian Lopez · CEO · $220K
Money in and out
$171.2M revenue, $170.6M expenses
Bottom line
98% program efficiency

Connects workers with jobs to boost the regional economy. For fiscal year 2024 it reported $171.2M in revenue, $170.6M in expenses, and $950K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$171.2M
Pt VIII · Ln 12
Total expenses
$170.6M
Pt IX · Ln 25
Net assets
$950K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $544K
Where spending went · Part IX cols B–D
Program services $0.98 Management & general $0.02
Program efficiency
98%
of spending reaches programs0% vs prior filing year
Operating runway
0.2mo
months of highly liquid reserves at operating expense rate▲ +100% vs prior filing year
Surplus margin
0%
revenue over expenses, this year▲ +353% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$171.2M
FY2024▲ +12%
Expenses
$170.6M
FY2024▲ +12%
Total assets
$37.9M
FY2024▲ +21%
Total liabilities
$36.9M
FY2024▲ +19%
Total revenue
$171.2M
Pt VIII · Ln 12
Total expenses
$170.6M
Pt IX · Ln 25
Net assets
$950K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$544K
Total assetsPt X · Ln 16$37.9M
Program-expense ratioPt IX · col B98%
Voting members of governing bodyPt I · Ln 327
Independent voting membersPt I · Ln 427
Mission & Programs · Part III

Where the work happens

3 program services account for $145.4M of program spending, described in the organization's own filed words · FY2023.
01

US Department of Health and Human Services

Passed through the texas workforce commission: child care development fund-to provide subsidized childare services to qualifying families. Child care subsidies allow parents to work and attend school or training to achieve self-sufficiency.

$128.5Mprogram expense
02

US Department of Labor

Passed through the texas workforce commission: workforce investment act (wia) & workforce innovation and opportunity grant (wioa) - to provide individuals with occupational and employment skills to obtain jobs and provide employers with skilled workers.

$15.9Mprogram expense
03

US Department of Health and Human Services

Passed through the texas workforce commission: temporary assistance to needy families (tanf)- provides temporary assistance for needy families with services to end the dependence on public assistance by promoting job preparation, work and marriage.

$971Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CAlamo Workforce Development INC
EINHdr · item D74-2709309
Principal addressHdr · item CSan Antonio, TX
Year of formationHdr · item L1994
State of legal domicileHdr · item MTX
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEmployment (J200)
Ruling yearIRS BMFOct 1994

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a27
Independent voting membersPt VI · Ln 1b27
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
$219,686Pt VII · Sec A
Dir Technology
$127,371Pt VII · Sec A
Dir of Public & Govt Relations
$121,387Pt VII · Sec A
Dir of Quality Assurance
$111,307Pt VII · Sec A
$111,119Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Adrian Lopez’s $220K as CEO is at the 6th percentile of top reported officer pay among 34 $100M+ employment nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Adrian Lopez$219,686$221,325$209,442$182,862$139,547
Louis a Tatum$129,913$144,615
Andrea Guajardo$120,718$135,247$126,141
Angela Bush$109,744$131,289$101,724
Mark Milton$128,507
Chuckwuwa O Agwuegbo$127,371
Chuckwuwa O Agwyegbo$116,012$123,350
Penny Benavidez$121,387

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants100%$170.4M
Program service revenue$26K
Other revenue$772K
— government grantsLn 1e$170.2M
Total revenueLn 12$171.2M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.98 Management & general $0.02
Program services98%$166.9M
Management & general2%$3.7M
Total functional expensesLn 25$170.6M

Balance Sheet

Part X · end of year
CashLn 1$3.1M
Total assetsLn 16$37.9M
Total liabilitiesLn 26$36.9M
Total net assetsLn 32$950K
Months of cash on handcomputed0.2

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $3.1M · Operating expenses/yr $170.6M
0.2 months
Where the money goes
Program services
Program services $166.9M · Total expenses $170.6M
98%
Management & General
Management & general $3.7M · Total expenses $170.6M
2%
Fundraising
Fundraising $0 · Total expenses $170.6M
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $459K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $170.4M · Total revenue $171.2M
100%
Government reliance
Government grants $170.2M · Total revenue $171.2M
99%
Earned-income share
Program service revenue $26K · Total revenue $171.2M
0%
Investment reliance
Investment income $-51K · Total revenue $171.2M
0%
Program self-sufficiency
Program service revenue $26K · Total expenses $170.6M
0%
Growth & trend
Revenue growth (YoY)
This year $171.2M · Prior year $152.6M
+12%
Revenue CAGR
FY2019 $118.6M · FY2023 $171.2M
+10%
Net-asset trend (YoY)
End of year $950K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $171.2M · Expenses $170.6M
0%
Liabilities-to-Assets
Total liabilities — · Total assets $37.9M
Net-asset ratio
Net assets $950K · Total assets $37.9M
3%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $37.9M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Adrian Lopez · Reported title CEO · Highest reported compensation $220K · Total expenses $170.6M
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $5.3M · Total expenses $170.6M
3%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 98%
Overhead ratio 2%
Fundraising cost ratio 0%
Revenue growth 12%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 2 funders$194K
Grants paid · 37 grants · $576.4M · 2019–2023
City of San AntonioFY2023$119,525,407
Serco of Texas INCFY2023$3,110,216
C2 Global Professional Services LLCFY2023$3,084,244
YWCA San AntonioTX · FY2023$1,304,855
Chrysalis Ministries INCTX · FY2023$862,923
San Antonio Food Bank INCTX · FY2023$622,844
Texas a & M University - San AntonioFY2023$550,524
Avance San Antonio INCTX · FY2023$168,793
City of San AntonioFY2022$107,878,377
C2 Global Professional Services LLCFY2022$2,438,562
Serco of Texas INCFY2022$2,329,700
Chrysalis Ministries INCTX · FY2022$329,440
YWCA San AntonioTX · FY2022$246,294
San Antonio Food Bank INCTX · FY2022$202,043
Avance San Antonio INCTX · FY2022$123,281
See all 37 grants →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$171.2M revenue · viewing · ⤓ 990 PDF
FY2023$152.6M revenue · ⤓ 990 PDF
FY2022$147.2M revenue · ⤓ 990 PDF
FY2021$127.9M revenue · ⤓ 990 PDF
FY2020$118.6M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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