Rlcb Inc
- Assets
- $4.7m
- Revenue
- $191.9k
- Investments
- $0.0
- Employees
- 2
- Location
- Raleigh, NC
- Founding
- 11/1967
- Data as of
- 09/2021
- EIN
- 56-0884337
Organization Overview
Rlcb Inc is located in Raleigh, NC. The organization was established in 1967. According to its NTEE Classification (J22) the organization is classified as: Job Training, under the broad grouping of Employment and related organizations. As of 09/2021, Rlcb Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rlcb Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2021, Rlcb Inc generated $191.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (38.2%) each year. All expenses for the organization totaled $439.9k during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (29.7%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE ASSESSMENT, TRAINING, AND JOB PLACEMENT SERVICES TO INDIVIDUALS WHO ARE BLIND OR VISUALLY IMPAIRED, EMPOWERING THEM TO ACCESS THE VOCATIONAL SETTING OF THEIR CHOICE AND TO ACHIEVE ECONOMIC AND PERSONAL INDEPENDENCE THROUGH EMPLOYMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED JOB TRAINING, THROUGH WORKSHOP EMPLOYMENT OPPORTUNITIES, TO OVER 100 CLIENTS. THE PURPOSE OF THE WORKSHOP IS TO DEVELOP THE TALENTS OF THE BLIND CLIENTS SO THAT THEY MAY MOVE OUT INTO THE BUSINESS WORLD AND BE GAINFULLY EMPLOYED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Janet Griffey President/ceo | Officer | 40 | $189,988 |
Gerald Whaley COO | Officer | 40 | $34,650 |
Robert Hall Chairman | OfficerTrustee | 1 | $0 |
Tom Rollins Treasurer | OfficerTrustee | 1 | $0 |
Dianne M Ellis Secretary | OfficerTrustee | 1 | $0 |
Steve Mclaurin Vice Chairman | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $90,042 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $90,042 |
| Total Program Service Revenue | $0 |
| Investment income | $67,092 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $19,920 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $14,797 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $191,851 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $199,415 |
| Compensation of current officers, directors, key employees. | $137,596 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $124,612 |
| Pension plan accruals and contributions | $9,223 |
| Other employee benefits | $0 |
| Payroll taxes | $20,728 |
| Fees for services: Management | $1,808 |
| Fees for services: Legal | $9,482 |
| Fees for services: Accounting | $12,093 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $25,644 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $156 |
| Information technology | $16,380 |
| Royalties | $0 |
| Occupancy | $4,352 |
| Travel | $52 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $6,085 |
| All other expenses | $0 |
| Total functional expenses | $439,882 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $430,422 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $36,777 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $3,730,562 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $550,462 |
| Total assets | $4,748,223 |
| Accounts payable and accrued expenses | $92,678 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $92,678 |
| Net assets without donor restrictions | $4,655,545 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $4,748,223 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Rlcb Inc has recieved totaling $20.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $20 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
First Step Staffing Atlanta, GA | $23,617,123 | $68,640,248 |
Cobbworks Inc Marietta, GA | $1,042,645 | $6,034,938 |
Chesterfield-Marlboro Counties Economic Opportunity Council Inc Cheraw, SC | $3,830,483 | $6,633,617 |
Tck Providence Inc Winston Salem, NC | $1,983,260 | $3,578,834 |
Labfour Career Training Institute Memphis, TN | $0 | $5,875,670 |
Atlanta Electrical Joint Apprenticeship & Training Committe Norcross, GA | $3,550,323 | $3,191,649 |
Eastern Carolina Workforce Development Board Inc New Bern, NC | $405,780 | $3,368,126 |
Southeastern Carpenters Training Trust Martinez, GA | $13,939,872 | $4,338,311 |
Mechanical Trades Institute Joint Apprenticeship And Training Trust Atlanta, GA | $7,970,880 | $3,241,037 |
Middle Georgia Consortium Inc Warner Robins, GA | $769,176 | $2,483,100 |
Jobs For Virginia Graduates Inc Rockville, VA | $474,221 | $2,547,841 |
Our Lady Of Mercy Community Outreach Services Johns Island, SC | $11,741,992 | $3,878,149 |