Partnerships for a Skilled FY2022 filing

Marlborough, MAUnknown exempt organization EIN 04-3530815Revenue $2.2M in FY2022Latest return filed Jul 22, 2025

On file with the IRSmasshiremsw.com201 Boston Post Road West Suite 30 · Marlborough, MA

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The mission of the board shall be to enable individuals and families to reach economic self-sufficiency through education and training for 21st century jobs and help companies develop a well-trained workforce so that they might survive and prosper.

91¢ of each $1 spent went to programs.
$117K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
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
3 of 4
filings with a surplus
Average surplus $212K a year · 14% of revenue · last 4 filings
Fine: a surplus in 3 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
91%
of spending
Looks good: 91% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$117K
to officers and key staff · 5% of spending
Looks good: pay to officers and key staff is 5% of spending; 15% or less.
Pt VII · Sec A
1 mo
of spending, in cash
Fine: 1.3 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $50K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$155K
40% of total assets
Looks good: liabilities are 40% of assets; 50% or less.
Pt X · Ln 26
Independent board members
26
of 26 voting members
Looks good: 26 of 26 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.2M
+82% vs prior year
Spent
$2.2M
To programs
91%
Net assets
$233K
By yearFY2021–FY2025
Revenue
$2.2M
FY2022▲ +82%
Tap a bar for its year
Revenue by fiscal year
FY2021$1.2M
FY2022$2.2M
FY2023$2.1M
FY2024$432K
FY2025$0
Expenses
$2.2M
FY2022▲ +91%
Tap a bar for its year
Expenses by fiscal year
FY2021$1.1M
FY2022$2.2M
FY2023$1.2M
FY2024$522K
FY2025Not on file
Net assets
$233K
FY2022▲ +8%
Tap a bar for its year
Net assets by fiscal year
FY2021$215K
FY2022$233K
FY2023$1.1M
FY2024$996K
FY2025$0

From the FY2022 Form 990 (year ending June 2022) · see the original

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You’re viewing the FY2022 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 Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

91 cents of each dollar spent went to programs.

Program services 91% · $2.0M Management & general 9% · $202K

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

27 people listed on the 990; $117K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
Executive Director
$117,140Pt VII · Sec A
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

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

NameFY2023FY2022FY2021
Greg Bunn—$117,140$118,102
Gregory Bunn$60,905——

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 Partnerships for a Skilled executive salaries →

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

Empowers individuals and families with job training for economic self-sufficiency and helps companies build a skilled workforce.

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2 programs · $2.0M · in their own filed words · FY2021
01

Youth

Implement career education programming for in-school young adults which includes career exploration, job readiness evaluation and training, paid internships and vocational training in health care support. Programming also includes staff development curriculum for school faculty and externship opportunities for teachers.

$1.4Mprogram expense
02

Workforce Board Operations

Procure and monitor two one-stop career centers to deliver labor exchanges services and retraining services to youth with barriers to employment, dislocated workers, and low-income adults. Function as a neutral broker, facilitate exchanges among business, organized labor, education, government, and service organizations to implement…

$509Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$50K

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$2.2M
Ln 12
Gifts and grantsLn 1h$2.2M
Other incomeLn 4–11$16K
Investment incomeLn 3$172
Money outPt IX
$2.2M
Ln 25
Programscol B$2.0M
Managementcol C$202K
Owns and owesPt X
$233K
net assets · Ln 32
Cash and savingsLn 1–2$225K
Total assetsLn 16$388K
LiabilitiesLn 26$155K
PeoplePt VI, VII
27
listed · VII A
PaidVII A1
Voting boardVI 1a26
IndependentVI 1b26
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2.2M
Government grantsLn 1e$2.2M
Investment incomeLn 3$172
Other incomeLn 4–11$16K
Total revenueLn 12$2.2M
Assets in detailPt X, end of year
CashLn 1$44K
SavingsLn 2$181K
Cash and savings togetherLn 1–2$225K
Land, buildings, equipmentLn 10c$23K
Total assetsLn 16$388K
LiabilitiesLn 26$155K
Net assetsLn 32$233K
OperationsPt I, VI
EmployeesI 510
VolunteersI 626
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 FY22End FY22
Cash and savingsLn 1–2$182K$225K
Land, buildings, equipmentLn 10c$29K$23K
Total assetsLn 16$310K$388K
LiabilitiesLn 26$95K$155K
Net assetsLn 32$215K$233K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$127K$119K$8K
Other salaries and wagesLn 7$631K$549K$82K
Other employee benefitsLn 9$69K$62K$7K
Payroll taxesLn 10$63K$56K$7K
Accounting feesLn 11c$86K$86K
Other fees for servicesLn 11g$1.0M$1.0M$1K
Office expensesLn 13$13K$11K$2K
OccupancyLn 16$71K$64K$8K
Depreciation, depletion and amortizationLn 22$6K$6K
Other expenses (24a–d)Ln 24$58K$57K$848
Total functional expensesLn 25$2.2M$2.0M$202K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS Jul 22, 2025 $0$0 990 PDF
FY2024Filed with the IRS Jul 11, 2025 $432K$522K−$90K$996K 990 PDF
FY2023Filed with the IRS Jun 4, 2025 $2.1M$1.2M$853K$1.1M 990 PDF
FY2022 ViewingFiled with the IRS Nov 10, 2022 $2.2M$2.2M$18K$233K 990 PDF
FY2021Filed with the IRS Nov 10, 2021 $1.2M$1.1M$67K$215K 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants O · Explanations
See the full FY2022 990 (6 parts)
Part I · Summary $2,174,358 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,168,456$2,157,686
I-9 Program service revenuePrior year $13,950$0
I-10 Investment incomePrior year $49$172
I-11 Other revenuePrior year $13,687$16,500
I-12 Total revenuePrior year $1,196,142$2,174,358
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $642,504$891,201
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $486,666$1,265,534
I-18 Total expensesPrior year $1,129,170$2,156,735
I-19 Revenue less expensesPrior year $66,972$17,623
Part VI · Governance 26 of 26 board members independent, no flags
VI-1a Voting members of the governing body26
VI-1b Independent voting members26
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 $2,174,358 across 6 lines filed
VIII-1e Government grants$2,157,681
VIII-1f All other contributions, gifts and grants$5
VIII-1h Total contributions, gifts and grants$2,157,686
VIII-3 Investment incomeExcluded from tax $172$172
VIII-6 Net rental income or lossExcluded from tax $16,500$16,500
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $16,672$2,174,358
Part IX · Statement of functional expenses $2,156,735 across 10 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $119,421 · Management $7,623$127,044
IX-7 Other salaries and wagesPrograms $549,116 · Management $82,183$631,299
IX-9 Other employee benefitsPrograms $62,054 · Management $7,319$69,373
IX-10 Payroll taxesPrograms $56,491 · Management $6,994$63,485
IX-11c Accounting feesManagement $86,133$86,133
IX-11g Other fees for servicesPrograms $1,030,162 · Management $1,471$1,031,633
IX-13 Office expensesPrograms $11,086 · Management $1,745$12,831
IX-16 OccupancyPrograms $63,740 · Management $7,510$71,250
IX-22 Depreciation, depletion and amortizationPrograms $5,972$5,972
IX-24 Other expenses (24a–d)Programs $56,867 · Management $848$57,715
IX-25 Total functional expensesPrograms $1,954,909 · Management $201,826 · Fundraising $0$2,156,735
Part X · Balance sheet $388,132 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $98,836$43,694
X-2 Savings and temporary cash investmentsStart of year $83,605$181,465
X-3 Pledges and grants receivable$126,833
X-4 Accounts receivableStart of year $85,705$0
X-9 Prepaid expenses and deferred chargesStart of year $12,880$12,750
X-10c Land, buildings and equipment, netStart of year $29,362$23,390
X-16 Total assetsStart of year $310,388$388,132
X-17 Accounts payable and accrued expensesStart of year $95,303$155,424
X-26 Total liabilitiesStart of year $95,303$155,424
X-27 Net assets without donor restrictionsStart of year $215,085$232,708
X-32 Total net assets or fund balancesStart of year $215,085$232,708
X-33 Total liabilities and net assetsStart of year $310,388$388,132
Part XI · Reconciliation of net assets $232,708 net assets at year end
XI-1 Total revenue$2,174,358
XI-2 Total expenses$2,156,735
XI-3 Revenue less expenses$17,623
XI-4 Net assets at start of year$215,085
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$232,708

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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