Eastern Carolina Workforce Development Board INC

Tax-deductible

New Bern, NC501(c)(3)Since 1991EIN 56-1762333

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Our mission is to ensure that our Workforce Development system is customer focused, demand-driven, and accountable for preparing our current and future Workforce to meet the changing needs of a highly-competitive global economy.

501(c)(3) charity; gifts are tax-deductible.
92¢ of each $1 spent went to programs.
$164K 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

FY2024 · 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
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $553 a year · under 1% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
92%
of spending
Looks good: 92% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$164K
to officers and key staff · 4% of spending
Looks good: pay to officers and key staff is 4% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
<1 mo
of spending, in cash
Concern: 0.1 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$457K
97% of total assets
Concern: liabilities are 97% of assets; over 80%.
Pt X · Ln 26
Independent board members
28
of 28 voting members
Looks good: 28 of 28 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$3.9M
-3% vs prior year
Spent
$3.9M
To programs
92%
Net assets
$12K
By yearFY2020–FY2024
Revenue
$3.9M
FY2024▼ -3%
Revenue by fiscal year
FY2020$4.2M
FY2021$3.4M
FY2022$3.3M
FY2023$3.9M
FY2024$4.1M
FY2024$3.9M
Expenses
$3.9M
FY2024▼ -3%
Expenses by fiscal year
FY2020$4.2M
FY2021$3.4M
FY2022$3.4M
FY2023$3.9M
FY2024$4.0M
FY2024$3.9M
Net assets
$12K
FY2024▼ -34%
Net assets by fiscal year
FY2020$25K
FY2021$23K
FY2022$9K
FY2023$1K
FY2024$19K
FY2024$12K

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jan 2000.

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

Where the money goes

92 cents of each dollar spent went to programs.

Program services 92% · $3.6M Management & general 8% · $314K

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

30 people listed on the 990; $164K paid to officers and key staff.

Part VII, Section A · reportable compensation
Exec Director
$93,351Pt VII · Sec A
Asst Director
$70,434Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary Treasurer
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Chairman
$0Pt VII · Sec A

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Tammy Childers—$179,081$121,020$109,648$108,534$104,108
Robert Kehres————$106,202$86,606
Bill Green$93,351$39,919————
Phillip Prescott$70,434$66,206$64,519$43,875——

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 Eastern Carolina Workforce Development Board INC executive salaries →

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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

Provides job training and employment services to people facing barriers in its service area.

Provided by the organization

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3 program services account for $3.1M of program spending, described in the organization's own filed words · FY2024.
01

The wioa adult program served 292 participants. The wioa program has four performance measures established by the us department of labor to determine the overall program effectiveness and ecwdb met all performance standards.

$1.6Mprogram expense
02

The wioa youth program served 239 participants throughout the nine county region. The us department of labor established four performance standards to determine overall program effectiveness and ecwdb met all standards.

$1.3Mprogram expense
03

The wioa dislocated worker program served 49 participants throughout the nine county region. This program has four performance measures established by the us department of labor to determine the overall program effectiveness, and ecwdb, inc. Met all standards.

$219Kprogram expense

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By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$3.9M
Ln 12
Gifts and grantsLn 1h$3.9M
Other incomeLn 4–11$6K
Investment incomeLn 3$4K
Money outPt IX
$3.9M
Ln 25
Programscol B$3.6M
Managementcol C$314K
Owns and owesPt X
$12K
net assets · Ln 32
Cash and savingsLn 1–2$31K
Total assetsLn 16$469K
LiabilitiesLn 26$457K
PeoplePt VI, VII
30
listed · VII A
PaidVII A2
Voting boardVI 1a28
IndependentVI 1b28
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$3.9M
Government grantsLn 1e$3.9M
Investment incomeLn 3$4K
Other incomeLn 4–11$6K
Gains on assetsLn 7$3K
Total revenueLn 12$3.9M
Assets in detailPt X, end of year
CashLn 1$250
SavingsLn 2$31K
Cash and savings togetherLn 1–2$31K
Land, buildings, equipmentLn 10c$25K
Total assetsLn 16$469K
LiabilitiesLn 26$457K
Net assetsLn 32$12K
OperationsPt I, VI
EmployeesI 510
VolunteersI 60
Fiscal year endsHeaderDecember
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 FY24End FY24
Cash and savingsLn 1–2$70K$31K
Land, buildings, equipmentLn 10c$30K$25K
Total assetsLn 16$450K$469K
LiabilitiesLn 26$431K$457K
Net assetsLn 32$19K$12K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$164K$92K$71K
Other salaries and wagesLn 7$525K$475K$49K
Other employee benefitsLn 9$125K$100K$25K
Payroll taxesLn 10$38K$30K$8K
Legal feesLn 11b$6K$6K
Accounting feesLn 11c$26K$26K
Advertising and promotionLn 12$2K$794$720
Office expensesLn 13$190K$171K$19K
Information technologyLn 14$12K$12K
OccupancyLn 16$46K$46K
TravelLn 17$41K$21K$21K
Conferences, conventions and meetingsLn 19$4K$4K
InsuranceLn 23$12K$12K
Other expenses (24a–d)Ln 24$2.7M$2.7M$12K
All other expensesLn 24e$2K$2K
Total functional expensesLn 25$3.9M$3.6M$314K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $4.1M$4.0M$18K$19K 990 PDF
FY2023 $3.9M$3.9M−$8K$1K 990 PDF
FY2022 $3.3M$3.4M−$13K$9K 990 PDF
FY2021 $3.4M$3.4M−$3K$23K 990 PDF
FY2020 $4.2M$4.2M$4K$25K 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 FY2024 990 (4 parts)
Part VIII · Statement of revenue $3,929,739 across 6 lines filed
VIII-1e Government grants$3,919,054
VIII-1h Total contributions, gifts and grants$3,919,054
VIII-3 Investment incomeExcluded from tax $1,734$1,734
VIII-7 Net gain or loss on sales of assetsRelated to mission $2,541$2,541
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $6,410$6,410
VIII-12 Total revenueRelated to mission $8,951 · Unrelated business $0 · Excluded from tax $1,734$3,929,739
Part IX · Statement of functional expenses $3,936,207 across 15 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $92,355 · Management $71,430$163,785
IX-7 Other salaries and wagesPrograms $475,318 · Management $49,267$524,585
IX-9 Other employee benefitsPrograms $99,843 · Management $25,066$124,909
IX-10 Payroll taxesPrograms $29,878 · Management $7,829$37,707
IX-11b Legal feesManagement $6,372$6,372
IX-11c Accounting feesManagement $26,500$26,500
IX-12 Advertising and promotionPrograms $794 · Management $720$1,514
IX-13 Office expensesPrograms $170,958 · Management $19,389$190,347
IX-14 Information technologyManagement $11,933$11,933
IX-16 OccupancyManagement $45,984$45,984
IX-17 TravelPrograms $20,670 · Management $20,660$41,330
IX-19 Conferences, conventions and meetingsManagement $3,859$3,859
IX-23 InsuranceManagement $11,708$11,708
IX-24 Other expenses (24a–d)Programs $2,732,106 · Management $11,681$2,743,787
IX-24e All other expensesManagement $1,887$1,887
IX-25 Total functional expensesPrograms $3,621,922 · Management $314,285 · Fundraising $0$3,936,207
Part X · Balance sheet $468,956 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $250$250
X-2 Savings and temporary cash investmentsStart of year $69,389$31,130
X-4 Accounts receivableStart of year $348,357$412,457
X-9 Prepaid expenses and deferred chargesStart of year $2,000$0
X-10c Land, buildings and equipment, netStart of year $29,846$25,119
X-16 Total assetsStart of year $449,842$468,956
X-17 Accounts payable and accrued expensesStart of year $365,428$392,152
X-19 Deferred revenueStart of year $26,010$21,237
X-25 Other liabilitiesStart of year $39,502$43,133
X-26 Total liabilitiesStart of year $430,940$456,522
X-27 Net assets without donor restrictionsStart of year $18,902$12,434
X-32 Total net assets or fund balancesStart of year $18,902$12,434
X-33 Total liabilities and net assetsStart of year $449,842$468,956
Part XI · Reconciliation of net assets $12,434 net assets at year end
XI-1 Total revenue$3,929,739
XI-2 Total expenses$3,936,207
XI-3 Revenue less expenses−$6,468
XI-4 Net assets at start of year$18,902
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$12,434

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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