Worksource Montgomery INC FY2020 filing

Tax-deductible

Rockville, MD501(c)(3)Since 2013Community DevelopmentEIN 46-2725986Revenue $5.3M in FY2020

On file with the IRSworksourcemontgomery.com1801 Rockville Pike Ste 320, 20852-9700 · Rockville, MDTax-exempt since Jul 2014Publicly supported charity — 170(b)(1)(A)(vi)

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Assist the Montgomery County WIB, in expanding the Public Workforce Development System in the county, through serving and connecting job seekers and businesses.

501(c)(3) charity; gifts are tax-deductible.
77¢ of each $1 spent went to programs.
$525K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
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
4 of 6
filings with a surplus
Average surplus $6K a year · under 1% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
77%
of spending
Looks good: 77% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$525K
to officers and key staff · 10% of spending
Looks good: pay to officers and key staff is 10% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
4 mo
of spending, in cash
Looks good: 4.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$3.5M
57% of total assets
Fine: liabilities are 57% of assets; 50% to 65%.
Pt X · Ln 26
Independent board members
40
of 40 voting members
Looks good: 40 of 40 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$5.3M
Spent
$5.2M
To programs
77%
Net assets
$2.6M
By yearFY2020–FY2025
Revenue
$5.3M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$5.3M
FY2021$5.1M
FY2022$6.7M
FY2023$12.2M
FY2024$19.0M
FY2025$17.7M
Expenses
$5.2M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$5.2M
FY2021$5.0M
FY2022$6.9M
FY2023$12.0M
FY2024$18.8M
FY2025$18.0M
Net assets
$2.6M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$2.6M
FY2021$2.7M
FY2022$2.6M
FY2023$2.7M
FY2024$2.8M
FY2025$2.5M

From the FY2020 Form 990 (year ending June 2020) · figures checked against the IRS filing · see the original

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You’re viewing the FY2020 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 ruling in Jul 2014.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

77 cents of each dollar spent went to programs.

Program services 77% · $4.0M Management & general 21% · $1.1M Fundraising 2% · $114K

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

37 people listed on the 990; $525K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
President & CEO
$394,985Pt VII · Sec A
Chief of Staff
$129,530Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Anthony Featherstone’s $189K as Executive Director is at the 30th percentile of top reported officer pay among 572 $10–100M community development 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 · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Ellie Giles—————$394,985
Anthony Featherstone$189,338$176,078$188,110$157,150——
John E Hattery$176,741—$153,712———
John Hattery—$175,721————
Leonard Howie————$159,374—
Nate' Mia Gordon$138,293—$148,289———
Ernestine Terria Chambers$138,200—$120,022———
Barleh Jessica Issoufou$137,927$133,307————

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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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

Connects Montgomery County job seekers with local businesses through training, credentialing, and employment services in high-demand industries to strengthen the regional workforce.

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Provided by the organization

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1 program · $4.0M · in their own filed words · FY2019
01

Worksource montgomery (WSM) has successfully established career pathway programs for in-demand, high wage industries, bio-health, healthcare, worksource montgomery, inc. 46-2725986 worksource montgomery (WSM) has successfully established career pathway construction, green energy, and entrepreneurial activities.

$4.0Mprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · this organization's grantmaking
Grants paid · 205 grants · $10.1M · 2020–2024
Eckerd Youth Alternatives INCFL · FY2024$569,712
Asm Education Center INCFY2024$135,524
Individual RecipientFY2024$130,000
Toni Thomas Associates Inc(hope Project)FY2024$66,250
Unique System Skills LLCFY2024$60,497
Identity INCMD · FY2024$60,000
Individual RecipientFY2024$58,988
Gapbuster INCFY2024$52,362
Washington Software INCFY2024$51,900
Sunflower Bakery INCMD · FY2024$47,000
Umbc Training CentersFY2024$46,330
Careercatchers INCMD · FY2024$44,550
Cross Community INCMD · FY2024$44,000
Story Tapestries INCMD · FY2024$42,130
See all 205 grants →

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$5.3M
Ln 12
Gifts and grantsLn 1h$5.4M
Investment incomeLn 3$8K
Money outPt IX
$5.2M
Ln 25
Programscol B$4.0M
Managementcol C$1.1M
Fundraisingcol D$114K
Owns and owesPt X
$2.6M
net assets · Ln 32
Cash and savingsLn 1–2$1.9M
Total assetsLn 16$6.0M
LiabilitiesLn 26$3.5M
PeoplePt VI, VII
37
listed · VII A
PaidVII A2
Voting boardVI 1a40
IndependentVI 1b40
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$5.4M
Government grantsLn 1e$4.8M
Investment incomeLn 3$8K
Gains on assetsLn 7−$32K
Total revenueLn 12$5.3M
Assets in detailPt X, end of year
CashLn 1$1.9M
Cash and savings togetherLn 1–2$1.9M
Land, buildings, equipmentLn 10c$2.5M
Other assetsLn 15$49K
Total assetsLn 16$6.0M
LiabilitiesLn 26$3.5M
Net assetsLn 32$2.6M
OperationsPt I, VI
EmployeesI 5137
VolunteersI 643
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 FY20End FY20
Cash and savingsLn 1–2$2.2M$1.9M
Land, buildings, equipmentLn 10c$111K$2.5M
Total assetsLn 16$3.8M$6.0M
LiabilitiesLn 26$1.4M$3.5M
Net assetsLn 32$2.4M$2.6M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$264K$139K$102K$23K
Other salaries and wagesLn 7$628K$331K$242K$56K
Pension plan contributionsLn 8$10K$10K$0
Other employee benefitsLn 9$73K$37K$35K$652
Payroll taxesLn 10$66K$99$58K$8K
Legal feesLn 11b$16K$10K$7K
Accounting feesLn 11c$90K$90K
Other fees for servicesLn 11g$115K$0$101K$14K
Advertising and promotionLn 12$50K$50K
Office expensesLn 13$138K$44K$91K$4K
Information technologyLn 14$8K$8K
OccupancyLn 16$67K$67K
TravelLn 17$12K$10K$2K
Conferences, conventions and meetingsLn 19$175$175
InterestLn 20$23K$23K
Depreciation, depletion and amortizationLn 22$180K$180K
InsuranceLn 23$8K$8K
Other expenses (24a–d)Ln 24$3.5M$3.5M$66$45
All other expensesLn 24e$0$0$0$0
Total functional expensesLn 25$5.2M$4.0M$1.1M$114K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $17.7M$18.0M−$364K$2.5M 990 PDF
FY2024 $19.0M$18.8M$156K$2.8M 990 PDF
FY2023 $12.2M$12.0M$111K$2.7M 990 PDF
FY2022 $6.7M$6.9M−$111K$2.6M 990 PDF
FY2021 $5.1M$5.0M$108K$2.7M 990 PDF
FY2020 Viewing $5.3M$5.2M$138K$2.6M 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
See the full FY2020 990 (6 parts)
Part I · Summary $5,342,133 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $6,321,870$5,363,935
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $12,042−$23,121
I-11 Other revenuePrior year $0$1,319
I-12 Total revenuePrior year $6,333,912$5,342,133
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 $1,387,995$1,040,896
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $4,548,436$4,162,909
I-18 Total expensesPrior year $5,936,431$5,203,805
I-19 Revenue less expensesPrior year $397,481$138,328
Part VI · Governance 40 of 40 board members independent, no flags
VI-1a Voting members of the governing body40
VI-1b Independent voting members40
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 $5,342,133 across 7 lines filed
VIII-1e Government grants$4,811,051
VIII-1f All other contributions, gifts and grants$552,884
VIII-1h Total contributions, gifts and grants$5,363,935
VIII-3 Investment incomeExcluded from tax $8,379$8,379
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$31,500−$31,500
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $1,319$1,319
VIII-12 Total revenueRelated to mission $1,319 · Unrelated business $0 · Excluded from tax −$23,121$5,342,133
Part IX · Statement of functional expenses $5,203,805 across 19 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $138,962 · Management $101,521 · Fundraising $23,368$263,851
IX-7 Other salaries and wagesPrograms $330,644 · Management $241,557 · Fundraising $55,600$627,801
IX-8 Pension plan contributionsManagement $10,270 · Fundraising $0$10,270
IX-9 Other employee benefitsPrograms $36,917 · Management $35,472 · Fundraising $652$73,041
IX-10 Payroll taxesPrograms $99 · Management $58,307 · Fundraising $7,527$65,933
IX-11b Legal feesManagement $9,803 · Fundraising $6,535$16,338
IX-11c Accounting feesManagement $90,360$90,360
IX-11g Other fees for servicesPrograms $0 · Management $100,710 · Fundraising $14,240$114,950
IX-12 Advertising and promotionManagement $49,776$49,776
IX-13 Office expensesPrograms $43,600 · Management $90,664 · Fundraising $3,926$138,190
IX-14 Information technologyManagement $8,446$8,446
IX-16 OccupancyManagement $66,836$66,836
IX-17 TravelManagement $10,223 · Fundraising $1,789$12,012
IX-19 Conferences, conventions and meetingsManagement $175$175
IX-20 InterestManagement $22,650$22,650
IX-22 Depreciation, depletion and amortizationManagement $179,813$179,813
IX-23 InsuranceManagement $7,859$7,859
IX-24 Other expenses (24a–d)Programs $3,455,393 · Management $66 · Fundraising $45$3,455,504
IX-24e All other expensesPrograms $0 · Management $0 · Fundraising $0$0
IX-25 Total functional expensesPrograms $4,005,615 · Management $1,084,508 · Fundraising $113,682$5,203,805
Part X · Balance sheet $6,022,607 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $2,183,395$1,865,992
X-3 Pledges and grants receivableStart of year $1,048,836$1,074,477
X-4 Accounts receivableStart of year $99,923$566,105
X-9 Prepaid expenses and deferred chargesStart of year $64,921$16,032
X-10c Land, buildings and equipment, netStart of year $111,360$2,450,932
X-15 Other assetsStart of year $302,654$49,069
X-16 Total assetsStart of year $3,811,089$6,022,607
X-17 Accounts payable and accrued expensesStart of year $966,838$904,612
X-19 Deferred revenueStart of year $249,447$468,603
X-24 Unsecured notes and loans payableStart of year $95,000$979,425
X-25 Other liabilitiesStart of year $66,425$1,098,260
X-26 Total liabilitiesStart of year $1,377,710$3,450,900
X-27 Net assets without donor restrictionsStart of year $2,433,379$2,571,707
X-32 Total net assets or fund balancesStart of year $2,433,379$2,571,707
X-33 Total liabilities and net assetsStart of year $3,811,089$6,022,607
Part XI · Reconciliation of net assets $2,571,707 net assets at year end
XI-1 Total revenue$5,342,133
XI-2 Total expenses$5,203,805
XI-3 Revenue less expenses$138,328
XI-4 Net assets at start of year$2,433,379
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$2,571,707

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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