Central Six Development Council FY2021 filing

Birmingham, AL · Public charity (501(c)(3)) · Employment

✓ Tax-deductible Latest data FY2021
Revenue
$471K
▲ +24% vs prior year
Spent
$501K
To programs
73%
Net assets
$48K
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Form 990 for the fiscal year ending December 2021 (IRS tax year 2021).

Figures match the IRS filing checked 9/27/26 · see original: IRS

Status and standing

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2024 (typical filing lag)
Foundation funders?
1 funder — National Skills Coalition
$25K in the latest grant year.
Spent on programs?
73% to programs
Form 990 Part IX, latest filing.
Size and trend
$1–10M
↑ +24% vs prior year
Legal name (IRS)Hdr · item CCentral Six Development Council
EINHdr · item D46-2680335
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFJul 2014
Latest filingForm 990FY2024 · Form 990
Principal addressHdr · item CBirmingham, AL
NTEE classificationIRS BMFEmployment (J22)
WebsiteHdr · item Jwww.centralsix.org

Where the money goes

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.73 Management & general $0.22 Fundraising $0.04
Program services73%$368K
Management & general22%$111K
Fundraising4%$22K
Total functional expensesLn 25$501K

Financial health

Revenue & expenses by yearFY2020–FY2024
Revenue
$471K
FY2021▲ +24%
Expenses
$501K
FY2021▲ +15%
Program efficiency
73%
of spending reaches programs
Operating runway
1.7mo
months of highly liquid reserves at operating expense rate
Surplus margin
-6%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Total assets
$84K
FY2021▼ -26%
Total liabilities
$36K
FY20210%
Revenue less expensesPt I · Ln 19−$30K
Total assetsPt X · Ln 16$84K
Program-expense ratioPt IX · col B73%
Voting members of governing bodyPt I · Ln 321
Independent voting membersPt I · Ln 421

Balance Sheet

Part X · end of year
CashLn 1$71K
Total assetsLn 16$84K
Total liabilitiesLn 26$36K
Total net assetsLn 32$48K
Months of cash on handcomputed1.7

Statement of Revenue

Part VIII
Program service revenue$451K · 96%
Contributions & grants$20K · 4%
Program service revenue96%$451K
Contributions & grants4%$20K
Total revenueLn 12$471K

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $71K · Operating expenses/yr $501K
1.7 months
Where the money goes
Program services
Program services $368K · Total expenses $501K
73%
Management & General
Management & general $111K · Total expenses $501K
22%
Fundraising
Fundraising $22K · Total expenses $501K
4%
Cost to raise $1
Fundraising expense (2-yr avg) $22K · Solicited contributions (2-yr avg) $54K
$0.40 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $20K · Total revenue $471K
4%
Government reliance
Government grants — · Total revenue $471K
—
Earned-income share
Program service revenue $451K · Total revenue $471K
96%
Investment reliance
Investment income $0 · Total revenue $471K
0%
Program self-sufficiency
Program service revenue $451K · Total expenses $501K
90%
Growth & trend
Revenue growth (YoY)
This year $471K · Prior year $379K
+24%
Net-asset trend (YoY)
End of year $48K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $471K · Expenses $501K
-6%
Liabilities-to-Assets
Total liabilities — · Total assets $84K
—
Net-asset ratio
Net assets $48K · Total assets $84K
57%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $84K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual John Beard · Reported title DIRECTOR & EXECUTIVE COMMITTEE · Highest reported compensation $0 · Total expenses $501K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $304K · Total expenses $501K
61%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 73%——
Overhead ratio 22%——
Fundraising cost ratio 107%——
Revenue growth 24%——

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.

Leadership and pay

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Director & Executive Committee
$0Pt VII · Sec A
Director & Executive Committee
$0Pt VII · Sec A
$0Pt VII · Sec A
Grants Chair & Executive Committee
$0Pt VII · Sec A
Director & Past Chair
$0Pt VII · Sec A
Director & Executive Committee
$0Pt VII · Sec A
Director & Executive Committee
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Kristen Holder’s $130K as Executive Di is at the 52nd 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

NameFY2024FY2020
Kristen Holder$130,250—
Antiqua Cleggett—$83,687

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 Central Six Development Council executive salaries →

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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 12aNo
Whistleblower policyPt VI · Ln 13No
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

Mission and programs

Helps people find jobs to boost the local economy.

Provided by the organization

This section is blank until Central Six Development Council claims this page.

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Mission & Programs · Part III

Where the work happens

1 program service account for $368K of program spending, described in the organization's own filed words · FY2021.
01

Central six development council and collaborative partners have had tremendous success amid the COVID-19 pandemic. The organization has continued to successfully align community college grant spending in training programs that address the needs of business and industry.

$368Kprogram expense

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Funders

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$25K

Filing history

YearRevenueExpensesChangeFiling
FY2024 Latest $1.3M$1.3M+115% 990 PDF
FY2023 $603K$575K+19% 990 PDF
FY2022 $509K$519K+8% 990 PDF
FY2021 Viewing $471K$501K+24% 990 PDF
FY2020 $379K$435K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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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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