Central Workforce Development Board EIN 43-1893333

Central Workforce Development Board FY2021 filing

EIN  43-1893333 Public charity (501(c)(3)) Rolla, MO Founded 2000
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →
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Verified accurate 8/26/26 · see original filing: IRS
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Size
$1–10M
What they do
Develops workforce skills to connect job seekers with employers and boost community economies.
Leadership
Amy Sublett · Executive Di · $66K
Money in and out
$2.9M revenue, $2.6M expenses
Bottom line
91% program efficiency

Develops workforce skills to connect job seekers with employers and boost community economies. For fiscal year 2021 it reported $2.9M in revenue, $2.6M in expenses, and $139K in net assets.Pt I

Where the money goes · FY2021
Total revenue
$2.9M
Pt VIII · Ln 12
Total expenses
$2.6M
Pt IX · Ln 25
Net assets
$139K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $302K
Where spending went · Part IX cols B–D
Program services $0.91 Management & general $0.09
Program efficiency
91%
of spending reaches programs
Operating runway
0.6mo
months of highly liquid reserves at operating expense rate
Surplus margin
+10%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$2.9M
FY2021
Expenses
$2.6M
FY2021
Total assets
$285K
FY2021
Total liabilities
$146K
FY2021
Total revenue
$2.9M
Pt VIII · Ln 12
Total expenses
$2.6M
Pt IX · Ln 25
Net assets
$139K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$302K
Total assetsPt X · Ln 16$285K
Program-expense ratioPt IX · col B91%
Voting members of governing bodyPt I · Ln 321
Independent voting membersPt I · Ln 421
Mission & Programs · Part III

Where the work happens

1 program service account for $2.4M of program spending, described in the organization's own filed words · FY2020.
01

Workforce investment act (career center, adult, youth, dislocated workers, rapid response): design and direct high-performance, results-oriented, universal employment services to meet the workforce development needs of employers, workers, and job seekers in central missouri.

$2.4Mprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCentral Workforce Development Board
EINHdr · item D43-1893333
Principal addressHdr · item CRolla, MO
WebsiteHdr · item Jwww.cwdregion.com
Year of formationHdr · item L2000
State of legal domicileHdr · item MMO
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEmployment (J99)
Ruling yearIRS BMFFeb 2003

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a21
Independent voting membersPt VI · Ln 1b21
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
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 · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Executive Di
$66,439Pt VII · Sec A
$5,250Pt VII · Sec A
Chairman
$0Pt VII · Sec A
Vice Chairma
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Amy Sublett’s $86K as Executive Director is at the 16th 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 · 2 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021
Amy Sublett$85,823$83,549$79,884$77,757$66,439
Donna Smith$70,330$66,633$66,733$63,918$5,250

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 & grants100%$2.9M
Program service revenue$13K
— government grantsLn 1e$2.9M
Total revenueLn 12$2.9M

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%$2.4M
Management & general9%$223K
Total functional expensesLn 25$2.6M

Balance Sheet

Part X · end of year
CashLn 1$125K
Total assetsLn 16$285K
Total liabilitiesLn 26$146K
Total net assetsLn 32$139K
Months of cash on handcomputed0.6

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $125K · Operating expenses/yr $2.6M
0.6 months
Where the money goes
Program services
Program services $2.4M · Total expenses $2.6M
91%
Management & General
Management & general $223K · Total expenses $2.6M
9%
Fundraising
Fundraising $0 · Total expenses $2.6M
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $2.9M · Total revenue $2.9M
100%
Government reliance
Government grants $2.9M · Total revenue $2.9M
100%
Earned-income share
Program service revenue $13K · Total revenue $2.9M
0%
Investment reliance
Investment income $0 · Total revenue $2.9M
0%
Program self-sufficiency
Program service revenue $13K · Total expenses $2.6M
1%
Growth & trend
Revenue growth (YoY)
This year $2.9M · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $139K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $2.9M · Expenses $2.6M
+10%
Liabilities-to-Assets
Total liabilities — · Total assets $285K
Net-asset ratio
Net assets $139K · Total assets $285K
49%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $285K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Amy Sublett · Reported title EXECUTIVE DI · Highest reported compensation $66K · Total expenses $2.6M
3%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $674K · Total expenses $2.6M
26%
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%
Accounting fee ratio 1%

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 · this organization's grantmaking
Grants paid · 29 grants · $14.7M · 2020–2024
Unitemized GrantFY2024$254,537
Unitemized GrantFY2024$106,639
Unitemized GrantFY2024$2,134
Unitemized GrantFY2024$1,464
Unitemized GrantFY2023$786,807
Unitemized GrantFY2023$173,517
Unitemized GrantFY2023$26,773
Unitemized GrantFY2023$5,027
Unitemized GrantFY2023$4,367
Unitemized GrantFY2022$140,238
Unitemized GrantFY2022$59,343
Unitemized GrantFY2022$17,748
Unitemized GrantFY2022$5,484
Unitemized GrantFY2022$2,058
See all 29 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$4.1M revenue · ⤓ 990 PDF
FY2023$2.9M revenue · ⤓ 990 PDF
FY2022$3.3M revenue · ⤓ 990 PDF
FY2021$2.9M revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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