North Florida Workforce Development Board Inc Nfwdb
- Assets
- $696.0k
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 25
- Location
- Madison, FL
- Founding
- 12/2001
- Data as of
- 06/2021
- EIN
- 59-3652684
Organization Overview
North Florida Workforce Development Board Inc Nfwdb, operating under the name Careersource North Florida, is located in Madison, FL. The organization was established in 2001. According to its NTEE Classification (J20) the organization is classified as: Employment Preparation & Procurement, under the broad grouping of Employment and related organizations. As of 06/2021, Careersource North Florida employed 25 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Careersource North Florida 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 06/2021, Careersource North Florida generated $1.9m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $2.0m during the year ending 06/2021. While expenses have increased by 2.4% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION'S MISSION IS TO ASSIST THE STATE OF FLORIDA IN THE IMPLEMENTATION OF FEDERAL WORKFORCE PROGRAMS WITHIN THE SERVICE DELIVERY AREA; AND TO BE RESPONSIBLE AND ACTIVE PARTNERS IN SHARING RESOURCES FOR THE NORTH FLORIDA REGION SO COMMUNITIES WILL BE CONFIDENT IN QUALITY WORKFORCE SOLUTIONS THAT STRENGTHEN FAMILIES AND ENHANCE ECONOMIC DEVELOPMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WORKFORCE DEVELOPMENT SERVICES ARE MADE AVAILABLE THROUGH A SYSTEM OF ONE-STOP CAREER CENTERS DESIGNED TO PROVIDE EASY ACCESS TO DIVERSE SERVICES INCLUDING JOB PLACEMENT AND TRAINING , TEMPORARY CASH ASSISTANCE AND SPECIAL SUPPORT SERVICES SUCH AS TRANSPORTATION.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Diane Head CEO | Officer | 40 | $85,895 |
Danny Collins Chair | OfficerTrustee | 1 | $0 |
Chadd Mathis Treasurer | OfficerTrustee | 1 | $0 |
Tracy Givens Vice Chair | OfficerTrustee | 1 | $0 |
Monty Morgan Board Member | Trustee | 1 | $0 |
Ronnie Moore Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Inspired Technologies Information Technology | 6/29/18 | $129,029 |
Big Bend Technical College Training | 6/29/18 | $220,870 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,917,746 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,917,746 |
| Total Program Service Revenue | $0 |
| Investment income | $283 |
| 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 | $1,919,813 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $240,514 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $98,274 |
| Compensation of current officers, directors, key employees. | $98,274 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $688,315 |
| Pension plan accruals and contributions | $22,724 |
| Other employee benefits | $116,791 |
| Payroll taxes | $51,388 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $16,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $100,348 |
| Travel | $9,468 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $20,295 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $40,324 |
| Insurance | $5,919 |
| All other expenses | $153,734 |
| Total functional expenses | $1,971,720 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $109,060 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $351,009 |
| 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 | $60,093 |
| Net Land, buildings, and equipment | $173,095 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,774 |
| Total assets | $696,031 |
| Accounts payable and accrued expenses | $128,411 |
| Grants payable | $0 |
| Deferred revenue | $252,497 |
| 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 | $380,908 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $696,031 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
First Coast Workforce Development Inc Fleming Island, FL | $3,324,303 | $15,945,752 |
Careersource Palm Beach County Inc West Palm Beach, FL | $2,317,114 | $14,436,935 |
Careersource Florida Inc Tallahassee, FL | $11,274,205 | $13,537,394 |
Southwest Alabama Partnership For Training And Employment Inc Mobile, AL | $2,770,516 | $12,222,275 |
Tech Alabama Birmingham, AL | $26,385,584 | $28,965,281 |
Southwest Florida Workforce Development Board Inc Fort Myers, FL | $6,992,908 | $10,165,135 |
Worknet Pinellas Inc Clearwater, FL | $1,995,144 | $7,597,320 |
Employu Inc Casselberry, FL | $5,383,927 | $11,177,844 |
Workforce Development Board Of Flagler And Volusia Counties Inc Daytona Beach, FL | $2,463,348 | $8,211,477 |
Citrus Levy Marion Regional Workforce Development Board Inc Ocala, FL | $1,453,598 | $7,509,133 |
Oic Of South Florida Inc Fort Lauderdale, FL | $1,014,122 | $6,787,267 |
Shoals Committee On Program & Employment For Mental Retardation Florence, AL | $3,365,103 | $6,331,410 |