Cape and Islands Workforce Development Board INC FY2024 filing

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The organizaton is a regional, private sector led agency responsible for overseeing all publicly funded vocational eduction and training programs serving all of Cape cod and the Islands of martha's vineyard and nantucket. IT was formed to carry out the mandates of the federal Workforce investment act of 1998.

501(c)(3) charity; gifts are tax-deductible.
92¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

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FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average surplus $25K a year · 3% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
92%
of spending
Looks good: 92% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
<1 mo
of spending, in cash
Concern: 0.1 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $10K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$193K
70% of total assets
Worth a look: liabilities are 70% of assets; over 65%.
Pt X · Ln 26
Independent board members
30
of 30 voting members
Looks good: 30 of 30 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$801K
-2% vs prior year
Spent
$775K
To programs
92%
Net assets
$82K
By yearFY2020–FY2025
Revenue
$801K
FY2024▼ -2%
Tap a bar for its year
Revenue by fiscal year
FY2020$395K
FY2021$452K
FY2022$549K
FY2023$819K
FY2024$801K
FY2025$1.4M
Expenses
$775K
FY2024▼ -7%
Tap a bar for its year
Expenses by fiscal year
FY2020$389K
FY2021$452K
FY2022$539K
FY2023$832K
FY2024$775K
FY2025$1.3M
Net assets
$82K
FY2024▲ +46%
Tap a bar for its year
Net assets by fiscal year
FY2020$60K
FY2021$60K
FY2022$70K
FY2023$56K
FY2024$82K
FY2025$202K

From the FY2024 Form 990 (year ending June 2024) · figures checked against the IRS filing · see the original

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You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in May 1995.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

92 cents of each dollar spent went to programs.

Program services 92% · $714K Management & general 8% · $60K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

31 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Executive Di
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Kara O'Donnell-Galvin’s $161K as Executive Di is at the 70th percentile of top reported officer pay among 1245 $1–10M employment nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2025FY2023FY2022FY2021FY2020
Kara O'Donnell-Galvin$161,155————
Kara Galvin—$110,591$100,673$87,500$84,135

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Cape and Islands Workforce Development Board INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Oversees publicly funded job training programs for Cape Cod and the Islands.

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Provided by the organization

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1 program · $714K · in their own filed words · FY2023
01

The organization guides the formation and focus of a regional workforce development system that provides people with access to training for the skills they need to meet the occupational requirements of the area's employers and serves as a major link between the region's economic development agencies, training providers, and current and…

$714Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2022
Total grants receivedfrom 1 funder$10K
Grants paid · 1 grant · $148K · 2024–2024
Unitemized GrantFY2024$148,098

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$801K
Ln 12
Gifts and grantsLn 1h$801K
Investment incomeLn 3$10
Money outPt IX
$775K
Ln 25
Programscol B$714K
Managementcol C$60K
Owns and owesPt X
$82K
net assets · Ln 32
Cash and savingsLn 1–2$6K
Total assetsLn 16$275K
LiabilitiesLn 26$193K
PeoplePt VI, VII
31
listed · VII A
PaidVII A0
Voting boardVI 1a30
IndependentVI 1b30
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$801K
Government grantsLn 1e$798K
Investment incomeLn 3$10
Total revenueLn 12$801K
Assets in detailPt X, end of year
CashLn 1$6K
SavingsLn 2$105
Cash and savings togetherLn 1–2$6K
Land, buildings, equipmentLn 10c$4K
Other assetsLn 15$1K
Total assetsLn 16$275K
LiabilitiesLn 26$193K
Net assetsLn 32$82K
OperationsPt I, VI
EmployeesI 55
VolunteersI 610
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$119K$6K
Land, buildings, equipmentLn 10c$4K
Total assetsLn 16$306K$275K
LiabilitiesLn 26$250K$193K
Net assetsLn 32$56K$82K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$387K$387K
Payroll taxesLn 10$30K$30K
Accounting feesLn 11c$48K$48K
Other fees for servicesLn 11g$1K$1K
Advertising and promotionLn 12$19K$19K
Office expensesLn 13$15K$15K
OccupancyLn 16$10K$10K
TravelLn 17$16K$16K
Conferences, conventions and meetingsLn 19$16K$16K
Depreciation, depletion and amortizationLn 22$396$396
InsuranceLn 23$5K$5K
Other expenses (24a–d)Ln 24$214K$214K
All other expensesLn 24e$14K$2K$11K
Total functional expensesLn 25$775K$714K$60K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS Jan 31, 2026 $1.4M$1.3M$120K$202K 990 PDF
FY2024 ViewingFiled with the IRS Apr 15, 2025 $801K$775K$26K$82K 990 PDF
FY2023Filed with the IRS Mar 23, 2024 $819K$832K−$13K$56K 990 PDF
FY2022Filed with the IRS Feb 3, 2023 $549K$539K$10K$70K 990 PDF
FY2021Filed with the IRS Jan 13, 2022 $452K$452K−$709$60K 990 PDF
FY2020Filed with the IRS Mar 2, 2021 $395K$389K$6K$60K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $800,791 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $817,859$800,781
I-9 Program service revenue$0
I-10 Investment incomePrior year $14$10
I-11 Other revenuePrior year $806$0
I-12 Total revenuePrior year $818,679$800,791
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $325,858$417,275
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $506,259$357,519
I-18 Total expensesPrior year $832,117$774,794
I-19 Revenue less expensesPrior year −$13,438$25,997
Part VI · Governance 30 of 30 board members independent, no flags
VI-1a Voting members of the governing body30
VI-1b Independent voting members30
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $800,791 across 5 lines filed
VIII-1e Government grants$797,781
VIII-1f All other contributions, gifts and grants$3,000
VIII-1h Total contributions, gifts and grants$800,781
VIII-3 Investment incomeExcluded from tax $10$10
VIII-12 Total revenueExcluded from tax $10$800,791
Part IX · Statement of functional expenses $774,794 across 13 lines filed
IX-7 Other salaries and wagesPrograms $386,992$386,992
IX-10 Payroll taxesPrograms $30,283$30,283
IX-11c Accounting feesManagement $47,746$47,746
IX-11g Other fees for servicesManagement $1,463$1,463
IX-12 Advertising and promotionPrograms $19,128$19,128
IX-13 Office expensesPrograms $14,585$14,585
IX-16 OccupancyPrograms $9,988$9,988
IX-17 TravelPrograms $16,026$16,026
IX-19 Conferences, conventions and meetingsPrograms $16,426$16,426
IX-22 Depreciation, depletion and amortizationPrograms $396$396
IX-23 InsurancePrograms $4,600$4,600
IX-24 Other expenses (24a–d)Programs $213,510$213,510
IX-24e All other expensesPrograms $2,470 · Management $11,181$13,651
IX-25 Total functional expensesPrograms $714,404 · Management $60,390 · Fundraising $0$774,794
Part X · Balance sheet $275,214 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $118,492$6,086
X-2 Savings and temporary cash investmentsStart of year $105$105
X-4 Accounts receivableStart of year $178,921$255,455
X-9 Prepaid expenses and deferred chargesStart of year $7,210$7,814
X-10c Land, buildings and equipment, net$4,354
X-15 Other assetsStart of year $1,400$1,400
X-16 Total assetsStart of year $306,128$275,214
X-17 Accounts payable and accrued expensesStart of year $249,796$192,885
X-26 Total liabilitiesStart of year $249,796$192,885
X-27 Net assets without donor restrictionsStart of year $56,332$82,329
X-32 Total net assets or fund balancesStart of year $56,332$82,329
X-33 Total liabilities and net assetsStart of year $306,128$275,214
Part XI · Reconciliation of net assets $82,329 net assets at year end
XI-1 Total revenue$800,791
XI-2 Total expenses$774,794
XI-3 Revenue less expenses$25,997
XI-4 Net assets at start of year$56,332
XI-10 Net assets at end of year$82,329

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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