Charlotte Works
- Assets
- $4.4m
- Revenue
- $7.9m
- Investments
- $0.0
- Employees
- 15
- Location
- Charlotte, NC
- Founding
- 02/1999
- Data as of
- 06/2023
- EIN
- 56-2098251
Organization Overview
Charlotte Works is located in Charlotte, NC. The organization was established in 1999. According to its NTEE Classification (J01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Employment and related organizations. As of 06/2023, Charlotte Works employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Charlotte Works 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 06/2023, Charlotte Works generated $7.9m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $7.6m during the year ending 06/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
LEADING THE DEVELOPMENT OF A SKILLED AND IN-DEMAND WORKFORCE BY ENGAGING BUSINESSES, ALIGNING COMMUNITY PARTNERS, EMPOWERING AND CONNECTING JOB SEEKER TO MEANINGFUL EMPLOYER, AND FOSTERING INCLUSIVE ECONOMIC GROWTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WORKFORCE INNOVATION & OPPORTUNITY ACT GRANT CFDA 17 258 - ADULT CONTINUED FROM 4B 214 ADULTS GAINED EMPLOYMENT, AND 92 ADULTS OBTAINED A CREDENTIAL.
WORKFORCE INNOVATION & OPPORTUNITY ACT GRANT CFDA 17 259 YOUTH - CHARLOTTE WORKS CONVENES YOUTH-SERVING ORGANIZATIONS TO PROVIDE EDUCATION AND TRAINING OPPORTUNITIES THAT HELP YOUTH AND YOUNG ADULTS HIT THE GROUND RUNNING IN HIGH DEMAND CAREERS SERVICES PROVIDED TO YOUTH AGES 16-24 INCLUDE (BUT ARE NOT LIMITED TO) CAREER ADVISING, MENTORING, OCCUPATIONAL SKILLS TRAINING, PAID AND UNPAID WORK EXPERIENCES AND SUPPORTIVE SERVICES 198 YOUTH GAINED EMPLOYMENT AND 83 EARNED A CREDENTIAL.
WORKFORCE INNOVATION & OPPORTUNITY ACT GRANT CFDA 17 278 - DISLOCATED WORKERS - CHARLOTTE WORKS AND ITS PARTNERS SERVE JOB-SEEKERS AND BUSINESSES BY PROVIDING RESOURCES TO DEVELOP A SKILLED WORKFORCE THAT MEETS EMPLOYER NEEDS\ SERVICES OFFERED ARE INDIVIDUAL COACHING, JOB SEARCH WORKSHOPS, NETWORKING OPPORTUNITIES AND TRAINING PROGRAMS TO JOB SEEKERS SERVICES FOR EMPLOYERS INCLUDE CUSTOMIZED RECRUITING ASSISTANCE, LABOR MARKET INFORMATION, TRAINING GRANTS AND ACCESS TO AND ASSISTANCE WITH A STATEWIDE DATABASE OF CANDIDATES IN PY22, 79 WORKERS GAINED EMPLOYMENT AND 43 EARNED A CREDENTIAL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Danielle Frazier President & CEO | Officer | 40 | $175,297 |
Anna London COO | Officer | 40 | $116,403 |
James Bolling Board Member | Trustee | 1 | $0 |
Valerie Sachariat Board Member | Trustee | 1 | $0 |
Raki Mcgregor Vice Chair | OfficerTrustee | 1 | $0 |
William Haygood Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Cpcc Training Services | 6/29/23 | $835,052 |
Arbor Education & Training Llc Screening And Training Se | 6/29/23 | $3,899,708 |
Meck Ed Training Services | 6/29/23 | $626,363 |
8601 Mcalpine Llc Rent | 6/29/23 | $630,923 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $7,464,115 |
| All other contributions, gifts, grants, and similar amounts not included above | $122,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,586,115 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $240,604 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,856,153 |
| 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. | $327,348 |
| Compensation of current officers, directors, key employees. | $40,370 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,083,341 |
| Pension plan accruals and contributions | $33,087 |
| Other employee benefits | $684,289 |
| Payroll taxes | $78,917 |
| Fees for services: Management | $80,742 |
| Fees for services: Legal | $1,293 |
| Fees for services: Accounting | $20,622 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $419,377 |
| Advertising and promotion | $20,309 |
| Office expenses | $84,289 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $689,903 |
| Travel | $32,943 |
| 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 | $35,789 |
| Insurance | $43,938 |
| All other expenses | $5,916 |
| Total functional expenses | $7,649,609 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $451,952 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,096,067 |
| 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 | $65,006 |
| Net Land, buildings, and equipment | $216,334 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,540,242 |
| Total assets | $4,369,601 |
| Accounts payable and accrued expenses | $626,468 |
| 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 | $2,725,547 |
| Total liabilities | $3,352,015 |
| Net assets without donor restrictions | $789,770 |
| Net assets with donor restrictions | $227,816 |
| 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 | $4,369,601 |