Worksource Greater Austin Area Workforce Board
- Assets
- $7.3m
- Revenue
- $58.1m
- Investments
- $0.0
- Employees
- 43
- Location
- Austin, TX
- Founding
- 10/1984
- Data as of
- 09/2021
- EIN
- 74-2327454
Organization Overview
Worksource Greater Austin Area Workforce Board is located in Austin, TX. The organization was established in 1984. 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 09/2021, Worksource Greater Austin Area Workforce Board employed 43 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Worksource Greater Austin Area Workforce Board 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, Worksource Greater Austin Area Workforce Board generated $58.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.9% each year. All expenses for the organization totaled $58.5m during the year ending 09/2021. While expenses have increased by 7.0% 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
TO LEAD THE REGION'S WORKFORCE SYSTEM IN THE DEVELOPMENT OF A WORLD-CLASS WORKFORCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDES POLICY AND PROGRAM GUIDANCE AND ADMINISTERS WORKFORCE DEVELOPMENT PROGRAMS FOR THE AUSTIN AND TRAVIS COUNTY SERVICE DELIVERY AREA. DURING THIS FISCAL YEAR, THE BOARD SERVED 4,822 EMPLOYERS AND 48,685 JOB SEEKERS. 2,297 VETERANS AND 309 YOUTH WERE SERVED AND PROVIDED SERVICES TO AN AVERAGE OF 2,544 CHILDREN PER DAY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tamara Atkinson CEO | Officer | 40 | $169,767 |
Cheryl Carter CFO | Officer | 40 | $118,470 |
Angelica Benavides Cio | Officer | 40 | $113,718 |
Yael Lawson COO | Officer | 40 | $103,279 |
Leah Meunier Cso | Officer | 40 | $94,475 |
Tiffany Wallace Cco | Officer | 40 | $22,300 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Baker Ripley Child Care Services | 9/29/21 | $4,285,012 |
Kindercare Learning Center Congress Child Care Provider | 9/29/21 | $2,464,090 |
Goodwill Inc Youth Services | 9/29/21 | $2,469,564 |
Swbc Professional Employer Svcs Professional Emp Svc | 9/29/21 | $3,087,734 |
Childrens Courtyard Child Care Provider | 9/29/21 | $4,571,104 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $54,542,806 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,342,283 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $56,885,089 |
| Total Program Service Revenue | $655,867 |
| Investment income | $5,565 |
| 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 | $58,093,969 |
| 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. | $697,631 |
| Compensation of current officers, directors, key employees. | $697,631 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $8,812,233 |
| Pension plan accruals and contributions | $168,153 |
| Other employee benefits | $1,591,613 |
| Payroll taxes | $429,060 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,609,400 |
| Advertising and promotion | $220,808 |
| Office expenses | $1,991,001 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,036,307 |
| Travel | $82,599 |
| 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 | $81,561 |
| Insurance | $85,674 |
| All other expenses | $289,616 |
| Total functional expenses | $58,453,019 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,468,268 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $4,803,989 |
| Accounts receivable, net | $2,435 |
| 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 | $693,429 |
| Net Land, buildings, and equipment | $293,694 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $7,261,815 |
| Accounts payable and accrued expenses | $4,742,085 |
| Grants payable | $0 |
| Deferred revenue | $1,959,741 |
| 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 | $450,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $7,151,826 |
| Net assets without donor restrictions | $109,989 |
| 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 | $7,261,815 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Worksource Greater Austin Area Workforce Board has recieved totaling $205,000.
| Awarding Organization | Amount |
|---|---|
The Aspen Institute Inc Washington, DC PURPOSE: GRANT TO SUPPORT AUSTIN OPPORTUNITY YOUTH COLLABORATIVE | $105,000 |
Texas Mutual Insurance Company Austin, TX PURPOSE: Workforce Development & Safety Training | $100,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lower Rio Grande Valley Work Force Development Board Inc McAllen, TX | $5,212,488 | $66,497,869 |
Worksource Greater Austin Area Workforce Board Austin, TX | $7,261,815 | $58,093,969 |
Workforce Solutions Borderplex Inc El Paso, TX | $5,306,845 | $45,990,076 |
Cameron Works Inc Brownsville, TX | $2,787,280 | $31,592,177 |
Ser-Jobs For Progress National Inc Irving, TX | $3,318,902 | $28,571,341 |
Central Texas Workforce Development Board Inc Belton, TX | $2,941,499 | $26,810,253 |
Heart Of Texas Workforce Development Board Inc Waco, TX | $2,034,664 | $17,688,488 |
North East Texas Workforce Development Board Inc Wake Village, TX | $1,257,688 | $15,473,387 |
Ser-Jobs For Progress Of The Texas Gulf Coast Inc Houston, TX | $10,211,758 | $9,239,776 |
Career And Recovery Resources Inc Houston, TX | $5,635,776 | $6,972,805 |
Southern Workforce Board Incorporated Durant, OK | $1,369,194 | $5,313,142 |
Relief Enterprise Of Texas Inc Austin, TX | $1,282,942 | $4,965,380 |