Eastern Carolina Workforce Development Board INC FY2024 filing

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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.
$285K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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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
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
2 of 6
filings with a surplus
Average deficit $2K a year · under 1% of revenue · last 6 filings
Concern: a surplus in 2 of the last 6 filings.
Pt I · Ln 19 · 6 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
$285K
to officers and key staff · 7% of spending
Looks good: pay to officers and key staff is 7% of spending; 15% or less.
Pt VII · Sec A
<1 mo
of spending, in cash
Concern: 0.2 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$431K
96% of total assets
Concern: liabilities are 96% 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
$4.1M
+5% vs prior year
Spent
$4.0M
To programs
92%
Net assets
$19K
By yearFY2020–FY2025
Revenue
$4.1M
FY2024▲ +5%
Tap a bar for its year
Revenue by fiscal year
FY2020$4.2M
FY2021$3.4M
FY2022$3.3M
FY2023$3.9M
FY2024$4.1M
FY2025$3.9M
Expenses
$4.0M
FY2024▲ +4%
Tap a bar for its year
Expenses by fiscal year
FY2020$4.2M
FY2021$3.4M
FY2022$3.4M
FY2023$3.9M
FY2024$4.0M
FY2025$3.9M
Net assets
$19K
FY2024▲ ×14
Tap a bar for its year
Net assets by fiscal year
FY2020$25K
FY2021$23K
FY2022$9K
FY2023$1K
FY2024$19K
FY2025$12K

From the FY2024 Form 990 (year ending June 2024) · figures checked against the IRS filing · see the original

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You’re viewing the FY2024 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 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% · $3.7M Management & general 8% · $336K

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

31 people listed on the 990; $285K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Exec Director
$179,081Pt VII · Sec A
Asst Director
$66,206Pt VII · Sec A
Exec Director
$39,919Pt 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

NameFY2025FY2024FY2023FY2022FY2021FY2020
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.

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Provided by the organization

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3 programs · $3.4M · in their own filed words · FY2023
01

The wioa adult program served 374 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.

$1.9Mprogram expense
02

The wioa youth program served 260 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.

$1.2Mprogram expense
03

The wioa dislocated worker program served 52 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.

$271Kprogram expense

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$4.1M
Ln 12
Gifts and grantsLn 1h$4.1M
Other incomeLn 4–11$5K
Investment incomeLn 3$8
Money outPt IX
$4.0M
Ln 25
Programscol B$3.7M
Managementcol C$336K
Owns and owesPt X
$19K
net assets · Ln 32
Cash and savingsLn 1–2$70K
Total assetsLn 16$450K
LiabilitiesLn 26$431K
PeoplePt VI, VII
31
listed · VII A
PaidVII A3
Voting boardVI 1a28
IndependentVI 1b28
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$4.1M
Government grantsLn 1e$4.1M
Investment incomeLn 3$8
Other incomeLn 4–11$5K
Total revenueLn 12$4.1M
Assets in detailPt X, end of year
CashLn 1$250
SavingsLn 2$69K
Cash and savings togetherLn 1–2$70K
Land, buildings, equipmentLn 10c$30K
Total assetsLn 16$450K
LiabilitiesLn 26$431K
Net assetsLn 32$19K
OperationsPt I, VI
EmployeesI 510
VolunteersI 60
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 FY24End FY24
Cash and savingsLn 1–2$85K$70K
Land, buildings, equipmentLn 10c$32K$30K
Total assetsLn 16$457K$450K
LiabilitiesLn 26$456K$431K
Net assetsLn 32$1K$19K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$284K$136K$148K
Other salaries and wagesLn 7$385K$383K$2K
Other employee benefitsLn 9$147K$127K$20K
Payroll taxesLn 10$50K$39K$12K
Legal feesLn 11b$5K$5K
Accounting feesLn 11c$27K$27K
Advertising and promotionLn 12$1K$1K
Office expensesLn 13$162K$152K$10K
Information technologyLn 14$16K$16K
OccupancyLn 16$45K$45K
TravelLn 17$42K$22K$20K
Conferences, conventions and meetingsLn 19$4K$4K
Depreciation, depletion and amortizationLn 22$6K$6K
InsuranceLn 23$10K$10K
Other expenses (24a–d)Ln 24$2.9M$2.8M$16K
All other expensesLn 24e$4K$1K$3K
Total functional expensesLn 25$4.0M$3.7M$336K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $3.9M$3.9M−$6K$12K 990 PDF
FY2024 ViewingFiled with the IRS Apr 8, 2025 $4.1M$4.0M$18K$19K 990 PDF
FY2023Filed with the IRS May 1, 2024 $3.9M$3.9M−$8K$1K 990 PDF
FY2022Filed with the IRS May 5, 2023 $3.3M$3.4M−$13K$9K 990 PDF
FY2021Filed with the IRS May 13, 2022 $3.4M$3.4M−$3K$23K 990 PDF
FY2020Filed with the IRS May 13, 2021 $4.2M$4.2M$4K$25K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $4,057,535 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $3,857,574$4,052,031
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $12$8
I-11 Other revenuePrior year $19,504$5,496
I-12 Total revenuePrior year $3,877,090$4,057,535
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 $743,804$866,257
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $3,141,407$3,173,684
I-18 Total expensesPrior year $3,885,211$4,039,941
I-19 Revenue less expensesPrior year −$8,121$17,594
Part VI · Governance 28 of 28 board members independent, no flags
VI-1a Voting members of the governing body28
VI-1b Independent voting members28
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 $4,057,535 across 5 lines filed
VIII-1e Government grants$4,052,031
VIII-1h Total contributions, gifts and grants$4,052,031
VIII-3 Investment incomeExcluded from tax $8$8
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $5,496$5,496
VIII-12 Total revenueRelated to mission $5,496 · Unrelated business $0 · Excluded from tax $8$4,057,535
Part IX · Statement of functional expenses $4,039,941 across 16 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $135,807 · Management $148,400$284,207
IX-7 Other salaries and wagesPrograms $382,546 · Management $2,049$384,595
IX-9 Other employee benefitsPrograms $126,537 · Management $20,427$146,964
IX-10 Payroll taxesPrograms $38,985 · Management $11,506$50,491
IX-11b Legal feesManagement $5,013$5,013
IX-11c Accounting feesManagement $26,851$26,851
IX-12 Advertising and promotionManagement $1,380$1,380
IX-13 Office expensesPrograms $151,787 · Management $10,083$161,870
IX-14 Information technologyManagement $15,851$15,851
IX-16 OccupancyManagement $44,879$44,879
IX-17 TravelPrograms $22,472 · Management $19,675$42,147
IX-19 Conferences, conventions and meetingsPrograms $4,181$4,181
IX-22 Depreciation, depletion and amortizationPrograms $5,587$5,587
IX-23 InsuranceManagement $10,408$10,408
IX-24 Other expenses (24a–d)Programs $2,835,047 · Management $16,158$2,851,205
IX-24e All other expensesPrograms $1,389 · Management $2,923$4,312
IX-25 Total functional expensesPrograms $3,704,338 · Management $335,603 · Fundraising $0$4,039,941
Part X · Balance sheet $449,842 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $250$250
X-2 Savings and temporary cash investmentsStart of year $84,332$69,389
X-4 Accounts receivableStart of year $338,753$348,357
X-9 Prepaid expenses and deferred chargesStart of year $1,309$2,000
X-10c Land, buildings and equipment, netStart of year $32,375$29,846
X-16 Total assetsStart of year $457,019$449,842
X-17 Accounts payable and accrued expensesStart of year $368,433$365,428
X-19 Deferred revenueStart of year $27,653$26,010
X-25 Other liabilitiesStart of year $59,625$39,502
X-26 Total liabilitiesStart of year $455,711$430,940
X-27 Net assets without donor restrictionsStart of year $1,308$18,902
X-32 Total net assets or fund balancesStart of year $1,308$18,902
X-33 Total liabilities and net assetsStart of year $457,019$449,842
Part XI · Reconciliation of net assets $18,902 net assets at year end
XI-1 Total revenue$4,057,535
XI-2 Total expenses$4,039,941
XI-3 Revenue less expenses$17,594
XI-4 Net assets at start of year$1,308
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$18,902

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

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