Dallas County Local Workforce Development Board EIN 75-1924974

Dallas County Local Workforce Development Board

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Connects employers with skilled workers and helps people find quality jobs. For fiscal year 2024 it reported $185.8M in revenue, $185.8M in expenses, and $1.0M in net assets.Pt I

Founded
1983
Type
Public charity (501(c)(3)) · Human Services
Location
Dallas, TX
Website
www.wfsdallas.com
Filings
5 on file (2020–2024)
Revenue
$185.8MFY2024
Expenses
$185.8M
Net assets
$1.0M
People
39
Filings
5
Updates
0
More identity details & actions ⌄
EIN  75-1924974 Public charity (501(c)(3)) Dallas, TX Founded 1983
Form 990 (PDF)
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Figures match the IRS filing checked 7/5/26 · see original: IRS
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Size
$100M+
What they do
Connects employers with skilled workers and helps people find quality jobs.
Leadership
Laurie Bouillion Larrea · Former President/Advisor - Through Jan 2024 · $465K
Money in and out
$185.8M revenue, $185.8M expenses
Bottom line
97% program efficiency
Where the money goes · FY2024
Total revenue
$185.8M
Pt VIII · Ln 12
Total expenses
$185.8M
Pt IX · Ln 25
Net assets
$1.0M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $62K
Where spending went · Part IX cols B–D
Program services $0.97 Management & general $0.03
Program efficiency
97%
of spending reaches programs-0.4% vs prior filing year
Operating runway
0.6mo
months of highly liquid reserves at operating expense rate0% vs prior filing year
Surplus margin
+0.03%
revenue over expenses, this year▲ +194% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$185.8M
FY2024-0.3%
Expenses
$185.8M
FY2024-0.4%
Total assets
$31.9M
FY2024▼ -11%
Total liabilities
$30.9M
FY2024▼ -12%
Total revenue
$185.8M
Pt VIII · Ln 12
Total expenses
$185.8M
Pt IX · Ln 25
Net assets
$1.0M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$62K
Total assetsPt X · Ln 16$31.9M
Program-expense ratioPt IX · col B97%
Voting members of governing bodyPt I · Ln 328
Independent voting membersPt I · Ln 428
Mission & Programs · Part III

Where the work happens

3 program services account for $167.9M of program spending, described in the organization's own filed words · FY2024.
01

Child Care Management Services (CCMS) Administration of contracts under agreement with the Texas Workforce Commission to provide subsidized childcare services to eligible families in Dallas County under the CCMS program.

$146.7Mprogram expense
02

Workforce Innovation and Opportunity Act (WIOA) Providing state and local areas the flexibility to collaborate across systems in an effort to better address the employment and skills needs of current employees, jobseekers, and employers.

$14.5Mprogram expense
03

Adult Education Literacy

AEL Adult education and literacy programs funded by the Texas Workforce Commission (TWC) provide English language, math, reading, and writing instruction to help students acquire the skills needed to succeed in the workforce, earn a high school equivalency, or enter college or career training.

$6.7Mprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CDallas County Local Workforce Development Board
EINHdr · item D75-1924974
Principal addressHdr · item CDallas, TX
WebsiteHdr · item Jwww.wfsdallas.com
Year of formationHdr · item L1983
State of legal domicileHdr · item MTX
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P800)
Ruling yearIRS BMFJun 1984

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a28
Independent voting membersPt VI · Ln 1b28
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
Former President/Advisor - Through Jan 2024
$465,353Pt VII · Sec A
Interim President/CEO/CFO
$185,194Pt VII · Sec A
Senior Vice President/Board Secretary
$163,306Pt VII · Sec A
Executive Vice President
$142,826Pt VII · Sec A
Controller
$125,511Pt VII · Sec A
Senior Innovation Specialist
$121,880Pt VII · Sec A
Research Manager
$112,421Pt VII · Sec A
$0Pt VII · Sec A

Laurie Bouillion Larrea’s $465K as Former President/Advisor - Through Jan 2024 is at the 62nd percentile of top reported officer pay among 249 $100M+ human services 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
Laurie Bouillion Larrea$465,353$204,907$227,014$189,429$190,392
Ashlee Verner$185,194$163,780$133,280$127,179$119,326
Connie Rash$163,306$152,794$157,111$156,186$146,257
Demetria W Robinson$142,826$133,199$138,219$119,415$111,292
Alicia Carter$125,511
Lynn Hoffman$121,880$111,065$103,998$102,794$101,261
Richard Perez$112,421$110,534$114,269$107,701$104,716
Wesley Nute$102,579$105,476$109,396$103,653

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%$185.6M
Program service revenue$182K
Investment income$7K
— government grantsLn 1e$183.5M
Total revenueLn 12$185.8M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.97 Management & general $0.03
Program services97%$180.5M
Management & general3%$5.2M
Total functional expensesLn 25$185.8M

Balance Sheet

Part X · end of year
CashLn 1$9.7M
Total assetsLn 16$31.9M
Total liabilitiesLn 26$30.9M
Total net assetsLn 32$1.0M
Months of cash on handcomputed0.6

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $9.7M · Operating expenses/yr $185.8M
0.6 months
Where the money goes
Program services
Program services $180.5M · Total expenses $185.8M
97%
Management & General
Management & general $5.2M · Total expenses $185.8M
3%
Fundraising
Fundraising $0 · Total expenses $185.8M
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $2.5M
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $185.6M · Total revenue $185.8M
100%
Government reliance
Government grants $183.5M · Total revenue $185.8M
99%
Earned-income share
Program service revenue $182K · Total revenue $185.8M
0.10%
Investment reliance
Investment income $7K · Total revenue $185.8M
<0.01%
Program self-sufficiency
Program service revenue $182K · Total expenses $185.8M
0.10%
Growth & trend
Revenue growth (YoY)
This year $185.8M · Prior year $186.4M
-0.3%
Revenue CAGR
FY2020 $149.3M · FY2024 $185.8M
+6%
Net-asset trend (YoY)
End of year $1.0M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $185.8M · Expenses $185.8M
+0.03%
Liabilities-to-Assets
Total liabilities — · Total assets $31.9M
Net-asset ratio
Net assets $1.0M · Total assets $31.9M
3%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $31.9M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Ashlee Verner · Reported title Interim President/CEO/CFO · Highest reported compensation $185K · Total expenses $185.8M
0.10%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $4.6M · Total expenses $185.8M
2%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 97%
Overhead ratio 3%
Fundraising cost ratio 0%
Revenue growth -0.3%
Legal fee ratio 0.3%
Accounting fee ratio 0.07%

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 · FY2022
Total grants receivedfrom 1 funder$155K
Grants paid · 9 grants · $3.6M · 2020–2021
Houston-Galveston Area CouncilFY2021$1,194,405
The University of Texas at AustinFY2021$124,000
Nortex Regional Planning CommissionFY2021$45,000
Houston-Galveston Area CouncilFY2020$1,194,405
The University of Texas at AustinFY2020$124,000

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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)$185.8M revenue · viewing · ⤓ 990 PDF
FY2023$186.4M revenue · ⤓ 990 PDF
FY2022$175.2M revenue · ⤓ 990 PDF
FY2021$142.0M revenue · ⤓ 990 PDF
FY2020$149.3M 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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