Workforce Connect EIN 38-4167402

Workforce Connect FY2022 filing

EIN  38-4167402 Public charity (501(c)(3)) San Diego, CA
Form 990 (PDF)
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Size
$100K–1M
What they do
Inspire young people about construction careers through education, resources, and mentorship.
Leadership
Debbie L Barnum · President · $41K
Money in and out
$194K revenue, $187K expenses
Bottom line
91% program efficiency

Inspire young people about construction careers through education, resources, and mentorship. For fiscal year 2022 it reported $194K in revenue, $187K in expenses.Pt I

Where the money goes · FY2022
Total revenue
$194K
Pt VIII · Ln 12
Total expenses
$187K
Pt IX · Ln 25
Net assets
$0
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $7K
Where spending went · Part IX cols B–D
Program services $0.91 Management & general $0.09
Program efficiency
91%
of spending reaches programs
Surplus margin
+4%
revenue over expenses, this year
Donor-funded
22%
of revenue is gifts & grants

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$194K
FY2022▲ +44%
Expenses
$187K
FY2022
Total assets
$0
FY2022
Total liabilities
$0
FY2022
Total revenue
$194K
Pt VIII · Ln 12
Total expenses
$187K
Pt IX · Ln 25
Net assets
$0
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$7K
Total assetsPt X · Ln 16$0
Program-expense ratioPt IX · col B91%
Voting members of governing bodyPt I · Ln 3pending
Independent voting membersPt I · Ln 4pending
Mission & Programs · Part III

Where the work happens

2 program services account for $150K of program spending, described in the organization's own filed words · FY2022.
01

Outreach to the under served and community. Hands-on-Workshops provided students the opportunity to spend time experiencing firsthand what the various careers offer. Career Exploration - During our power lunches, students were educated on apprenticeship programs, career paths, and numerous industry events highlighting the many great…

$142Kprogram expense
02

Membership Outreach

Benefit Drive Outreach - Public Presentation Meetings to Women, Veterans and At-Risk Strategic Plan for Repair and Maintenance Training Program

$8Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CWorkforce Connect
EINHdr · item D38-4167402
Principal addressHdr · item CSan Diego, CA
WebsiteHdr · item Jwww.ec-2.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEmployment (J03)
Ruling yearIRS BMFNov 2021

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1apending
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
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
$41,000Pt VII · Sec A
$39,000Pt VII · Sec A

Debbie L Barnum’s $41K as President is at the 47th percentile of top reported officer pay among 1213 $100K–1M 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

NameFY2022FY2021
Debbie L Barnum$41,000$10,500
Rachael L Gonzalez$39,000$10,500

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
Program service revenue$150K · 78%
Contributions & grants$43K · 22%
Program service revenue78%$150K
Contributions & grants22%$43K
Total revenueLn 12$194K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.91 Management & general $0.09
Program services91%$169K
Management & general9%$18K
Total functional expensesLn 25$187K

Balance Sheet

Part X · end of year
CashLn 1
Total assetsLn 16$0
Total liabilitiesLn 26$0
Total net assetsLn 32$0

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves — · Operating expenses/yr $187K
Highly liquid reserves (cash & marketable securities on Pt X) ÷ monthly operating expenses (Pt IX total, less non-cash grants & depreciation when reported).
Where the money goes
Program services
Program services $169K · Total expenses $187K
91%
Management & General
Management & general $18K · Total expenses $187K
9%
Fundraising
Fundraising $0 · Total expenses $187K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $43K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $43K · Total revenue $194K
22%
Government reliance
Government grants — · Total revenue $194K
Earned-income share
Program service revenue $150K · Total revenue $194K
78%
Investment reliance
Investment income $0 · Total revenue $194K
0%
Program self-sufficiency
Program service revenue $150K · Total expenses $187K
80%
Growth & trend
Revenue growth (YoY)
This year $194K · Prior year $135K
+44%
Net-asset trend (YoY)
End of year $0 · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $194K · Expenses $187K
+4%
Liabilities-to-Assets
Total liabilities — · Total assets $0
Net-asset ratio
Net assets $0 · Total assets $0
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $0
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Debbie L Barnum · Reported title President · Highest reported compensation $41K · Total expenses $187K
22%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $80K · Total expenses $187K
43%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 91%
Overhead ratio 9%
Fundraising cost ratio 0%
Revenue growth 44%
Legal fee ratio 0%
Accounting fee ratio 0%

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 · funders on record
Grants received · FY2022
Total grants receivedfrom 1 funder$5K

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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 (Latest)$228K revenue · ⤓ 990 PDF
FY2023$175K revenue · ⤓ 990 PDF
FY2022$194K revenue · viewing · ⤓ 990 PDF
FY2021$135K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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