Workforce Professionals Training Institute EIN 20-3891493

Workforce Professionals Training Institute

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Empowers people and groups creating paths out of poverty. For fiscal year 2024 it reported $3.5M in revenue, $1.9M in expenses, and $2.3M in net assets.Pt I

Founded
2004
Type
Public charity (501(c)(3)) · Employment
Location
New York, NY
Website
www.wpti.org
Filings
5 on file (2020–2024)
Revenue
$3.5MFY2024
Expenses
$1.9M
Net assets
$2.3M
People
19
Filings
5
Updates
0
More identity details & actions ⌄
EIN  20-3891493 Public charity (501(c)(3)) New York, NY Founded 2004
Form 990 (PDF)
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Figures match the IRS filing checked 9/1/26 · see original: IRS
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Size
$1–10M
What they do
Empowers people and groups creating paths out of poverty.
Leadership
Sherazade Langlade · Chief Executive Officer · $188K
Money in and out
$3.5M revenue, $1.9M expenses
Bottom line
71% program efficiency
Where the money goes · FY2024
Total revenue
$3.5M
Pt VIII · Ln 12
Total expenses
$1.9M
Pt IX · Ln 25
Net assets
$2.3M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $1.6M
Where spending went · Part IX cols B–D
Program services $0.71 Management & general $0.20 Fundraising $0.09
Program efficiency
71%
of spending reaches programs▲ +9% vs prior filing year
Operating runway
6.9mo
months of highly liquid reserves at operating expense rate▲ +73% vs prior filing year
Surplus margin
+46%
revenue over expenses, this year▲ +499% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$3.5M
FY2024▲ +103%
Expenses
$1.9M
FY2024▲ +18%
Total assets
$2.5M
FY2024▲ +204%
Total liabilities
$210K
FY2024▲ +14%
Total revenue
$3.5M
Pt VIII · Ln 12
Total expenses
$1.9M
Pt IX · Ln 25
Net assets
$2.3M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$1.6M
Total assetsPt X · Ln 16$2.5M
Program-expense ratioPt IX · col B71%
Voting members of governing bodyPt I · Ln 314
Independent voting membersPt I · Ln 414
Mission & Programs · Part III

Where the work happens

1 program service account for $1.3M of program spending, described in the organization's own filed words · FY2024.
01

Wpti supports workforce development professionals at all stages of their careers, providing the skills, knowledge, and tools they need to meet the evolving demands of their roles. In 2025, wpti delivered a comprehensive suite of professional development opportunities, combining in-person trainings, online courses, and customized programs…

$1.3Mprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CWorkforce Professionals Training Institute
EINHdr · item D20-3891493
Principal addressHdr · item CNew York, NY
WebsiteHdr · item Jwww.wpti.org
Year of formationHdr · item L2004
State of legal domicileHdr · item MNY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEmployment (J990)
Ruling yearIRS BMFFeb 2007

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a14
Independent voting membersPt VI · Ln 1b14
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Chief Executive Officer
$188,056Pt VII · Sec A
Chief Program Officer
$140,198Pt VII · Sec A
Chief Learning Officer
$121,073Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Sherazade Langlade’s $188K as Chief Executive Officer is at the 81st percentile of top reported officer pay among 1236 $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 · 7 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Sherazade Langlade$188,056$62,576
Sharon Sewell-Fairman$182,180$171,119$155,893$125,160
Andrea Vaghy Benyola$140,198$135,612$141,077$129,386
Sabeen Pirani$121,073$117,110
Sabeen L Pirani$111,250
Daniel Salemson$110,171
Michael Grant$80,382$103,000$90,379

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.

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Statement of Revenue

Part VIII
Contributions & grants$3.2M · 90%
Program service revenue$319K · 9%
Other revenue$19K · 1%
Contributions & grants90%$3.2M
Program service revenue9%$319K
Other revenue1%$19K
— government grantsLn 1e$401K
Total revenueLn 12$3.5M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.71 Management & general $0.20 Fundraising $0.09
Program services71%$1.3M
Management & general20%$380K
Fundraising9%$174K
Total functional expensesLn 25$1.9M

Balance Sheet

Part X · end of year
CashLn 1$1.1M
Total assetsLn 16$2.5M
Total liabilitiesLn 26$210K
Total net assetsLn 32$2.3M
Months of cash on handcomputed6.9

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.1M · Operating expenses/yr $1.9M
6.9 months
Where the money goes
Program services
Program services $1.3M · Total expenses $1.9M
71%
Management & General
Management & general $380K · Total expenses $1.9M
20%
Fundraising
Fundraising $174K · Total expenses $1.9M
9%
Cost to raise $1
Fundraising expense (3-yr avg) $168K · Solicited contributions (3-yr avg) $1.6M
$0.10 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $3.2M · Total revenue $3.5M
90%
Government reliance
Government grants $401K · Total revenue $3.5M
11%
Earned-income share
Program service revenue $319K · Total revenue $3.5M
9%
Investment reliance
Investment income $0 · Total revenue $3.5M
0%
Program self-sufficiency
Program service revenue $319K · Total expenses $1.9M
17%
Growth & trend
Revenue growth (YoY)
This year $3.5M · Prior year $1.7M
+103%
Revenue CAGR
FY2019 $2.2M · FY2024 $3.5M
+10%
Net-asset trend (YoY)
End of year $2.3M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $3.5M · Expenses $1.9M
+46%
Liabilities-to-Assets
Total liabilities — · Total assets $2.5M
Net-asset ratio
Net assets $2.3M · Total assets $2.5M
91%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $2.5M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Sherazade Langlade · Reported title CHIEF EXECUTIVE OFFICER · Highest reported compensation $188K · Total expenses $1.9M
10%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $1.1M · Total expenses $1.9M
60%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 71%
Overhead ratio 20%
Fundraising cost ratio 5%
Revenue growth 103%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 3 funders$265K
See all 3 funders →
Grants paid · 73 grants · $854K · 2019–2024
Center for Fair FuturesNY · FY2024$76,250
Katie Napolitano LLCFY2024$58,333
Jobs First NycNY · FY2024$10,000
Graham-WindhamNY · FY2024$10,000
The New York FoundlingNY · FY2024$10,000
St Vincent's Services INCNY · FY2024$10,000
Sco Family of ServicesNY · FY2024$10,000
Rising Ground INCNY · FY2024$10,000
Good Shepherd ServicesNY · FY2024$10,000
The Children's Aid SocietyNY · FY2024$10,000
Forestdale INCNY · FY2024$10,000
Catholic Guardian ServicesNY · FY2024$10,000
Good Shepherd ServicesNY · FY2023$11,000
The Children's Aid SocietyNY · FY2023$11,000
See all 73 grants →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024$1.7M revenue · ⤓ 990 PDF
FY2023$1.7M revenue · ⤓ 990 PDF
FY2022$2.0M revenue · ⤓ 990 PDF
FY2021$2.0M revenue · ⤓ 990 PDF
FY2020$2.2M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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