The Florida Workforce Development Association Inc
- Assets
- $322.8k
- Revenue
- $392.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Port St Lucie, FL
- Founding
- 04/2007
- Data as of
- 06/2022
- EIN
- 59-2467722
Organization Overview
The Florida Workforce Development Association Inc is located in Port St Lucie, FL. The organization was established in 2007. According to its NTEE Classification (S05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an itermediate organization (such as a geographic headquarters) for a national or regional group of organizations. Florida Workforce Development Association Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 06/2022, Florida Workforce Development Association Inc generated $392.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.2% each year . All expenses for the organization totaled $382.6k during the year ending 06/2022. While expenses have increased by 23.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE WORKFORCE DEVELOPMENT SERVICES AND ACTIVITIES IN THE STATE OF FLORIDA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FLORIDA WORKFORCE DEVELOPMENT ASSOCIATION, INC. WAS ORGANIZED TO IMPROVE WORKFORCE DEVELOPMENT ACTIVITIES AND SERVICES IN THE STATE OF FLORIDA BY PROVIDING AN ANNUAL TRAINING CONFERENCE (SUMMIT), PROVIDING INPUT ON STATE POLICIES, SHARING BEST PRACTICES AND PROVIDING WORKFORCE DEVELOPMENT INFORMATION TO STATE LEGISLATORS AND POLICY MAKERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Brackney Secretary | OfficerTrustee | 1 | $0 |
Thomas Skinner Jr Vice President | OfficerTrustee | 1 | $0 |
Stacey Campbell-Domincik President | OfficerTrustee | 1 | $0 |
Brian Bauer Treasurer | OfficerTrustee | 1 | $0 |
Diane Head Member | Trustee | 1 | $0 |
Bruce Ferguson Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $81,500 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $140,500 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $222,000 |
| Total Program Service Revenue | $170,615 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $392,615 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $22,500 |
| Fees for services: Lobbying | $25,875 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $34,028 |
| Advertising and promotion | $351 |
| Office expenses | $24 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $4,710 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $270,963 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,232 |
| All other expenses | $21,887 |
| Total functional expenses | $382,570 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $322,784 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $322,784 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $0 |
| 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 | $322,784 |
| Total liabilities and net assets/fund balances | $322,784 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Citrus Research And Development Foundation Inc Lake Alfred, FL | $4,641,516 | $14,397,457 |
Studer Community Institute Inc Pensacola, FL | $826,147 | $1,152,251 |
Center For America Roswell, GA | $3,417 | $10,015 |
The Florida Workforce Development Association Inc Port St Lucie, FL | $322,784 | $392,615 |
The Florida Research Institute For Equine Nurturing Devel & Saf Ft Lauderdale, FL | $173,062 | $365,691 |
Florida Benchmarking Consortium Inc Lady Lake, FL | $314,717 | $166,552 |
Quality Growth Institute Inc Atlanta, GA | $462,765 | $237,302 |
Southeast Georgia Friends Of Fort Stewart And Hunter Inc Hinesville, GA | $51,543 | $65,883 |
Future By Design Inc Venus, FL | $130,064 | $0 |