Cobbworks INC FY2021 filing

Tax-deductible

Marietta, GA501(c)(3)Since 2001EmploymentEIN 58-2635833Revenue $6.0M in FY2021

On file with the IRSworksourcecobb.org463 Commerce Park Dr Se Ste 100, 30060-2772 · Marietta, GATax-exempt since Feb 2007Publicly supported charity — 170(b)(1)(A)(vi)

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To promote employment and education opportunities that strengthen the workforce and economic development in our community.

501(c)(3) charity; gifts are tax-deductible.
92¢ of each $1 spent went to programs.
$178K 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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FY2021 · 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 5
filings with a surplus
Average deficit $44K 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
$178K
to officers and key staff · 3% of spending
Looks good: pay to officers and key staff is 3% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
<1 mo
of spending, in cash
Worth a look: 0.5 months of spending in cash; under 1.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $138K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$790K
76% of total assets
Worth a look: liabilities are 76% of assets; over 65%.
Pt X · Ln 26
Independent board members
6
of 6 voting members
Looks good: 6 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$6.0M
Spent
$6.1M
To programs
92%
Net assets
$253K
By yearFY2021–FY2025
Revenue
$6.0M
FY2021
Tap a bar for its year
Revenue by fiscal year
FY2021$6.0M
FY2022$5.2M
FY2023$4.8M
FY2024$5.0M
FY2025$6.8M
Expenses
$6.1M
FY2021
Tap a bar for its year
Expenses by fiscal year
FY2021$6.1M
FY2022$5.1M
FY2023$4.7M
FY2024$5.0M
FY2025$7.1M
Net assets
$253K
FY2021
Tap a bar for its year
Net assets by fiscal year
FY2021$253K
FY2022$364K
FY2023$427K
FY2024$384K
FY2025$96K

From the FY2021 Form 990 (year ending June 2021) · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 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 Feb 2007.

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% · $5.6M Management & general 8% · $506K

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

8 people listed on the 990; $178K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
President/CEO
$129,197Pt VII · Sec A
Business and Finance Director
$48,838Pt VII · Sec A
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
Past Chair
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Sonya Grant’s $162K as President/CEO is at the 71st 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

NameFY2025FY2024FY2023FY2022FY2021
Sonya Grant$161,809$160,000$143,063$117,230$129,197
Sara Dimond————$48,838

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 job seekers and businesses to boost local employment and economic growth.

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Provided by the organization

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3 programs · $4.4M · in their own filed words · FY2020
01

Adult Program

See SCH o for complete DESCRIPTION.THROUGH this program we assist adult community members in obtaining their general education development (ged) and increasing their skills to read, write, compute, and use english. We work to bring together community resources to promote and support adult literacy training in cobb county.

$2.2Mprogram expense
02

Worksource

See SCH o for complete DESCRIPTION.COBBWORKS, inc. Delivers program services under the worksource georgia identifier, worksource cobb as cobb county's american job center, worksource COBB/COBBWORKS provides access to a system of employment and education services for our local COMMUNITY.IN an increasing complex workforce and economy.

$1.1Mprogram expense
03

Youth Programs

See SCH o for complete DESCRIPTION.THE cobbworks, inc. Youth program serves youth ages 16-24 who have a barrier to successfully complete an educational or training program. The target group for this program is youth who are high school dropouts, basic skills deficient, pregnant or parenting, disabled, ex-offenders, low income, foster…

$1.1Mprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 3 funders$138K
See all 3 funders →
Grants paid · 16 grants · $11.7M · 2020–2024
Unitemized GrantFY2024$2,435,967
Unitemized GrantFY2023$1,943,979
Unitemized GrantFY2022$1,680,602
Unitemized GrantFY2021$2,416,566
Cumberland Medical InstituteFY2021$23,481
Chattahoochee Technical CollegeFY2021$11,423
Unitemized GrantFY2020$2,249,387
Goodwill of North Georgia INCGA · FY2020$355,641
Marietta Board of EducationFY2020$147,839
Chattahoochee Technical CollegeFY2020$65,322
Per Scholas INCNY · FY2020$23,886

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$6.0M
Ln 12
Gifts and grantsLn 1h$6.0M
Investment incomeLn 3$63
Money outPt IX
$6.1M
Ln 25
Programscol B$5.6M
Managementcol C$506K
Owns and owesPt X
$253K
net assets · Ln 32
Cash and savingsLn 1–2$248K
Total assetsLn 16$1.0M
LiabilitiesLn 26$790K
PeoplePt VI, VII
8
listed · VII A
PaidVII A2
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$6.0M
Government grantsLn 1e$6.0M
Investment incomeLn 3$63
Total revenueLn 12$6.0M
Assets in detailPt X, end of year
CashLn 1$79K
SavingsLn 2$169K
Cash and savings togetherLn 1–2$248K
Land, buildings, equipmentLn 10c$68K
Total assetsLn 16$1.0M
LiabilitiesLn 26$790K
Net assetsLn 32$253K
OperationsPt I, VI
EmployeesI 529
VolunteersI 623
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 FY21End FY21
Cash and savingsLn 1–2$163K$248K
Land, buildings, equipmentLn 10c$101K$68K
Total assetsLn 16$895K$1.0M
LiabilitiesLn 26$579K$790K
Net assetsLn 32$316K$253K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$799K$799K
Grants to domestic individualsLn 2$2.2M$2.2M
Pay of current officers, directors and key staffLn 5$185K$158K$28K
Other salaries and wagesLn 7$1.5M$1.3M$244K
Pension plan contributionsLn 8$69K$58K$11K
Other employee benefitsLn 9$152K$128K$24K
Payroll taxesLn 10$148K$124K$23K
Accounting feesLn 11c$18K$18K
Other fees for servicesLn 11g$557K$427K$130K
Advertising and promotionLn 12$1K$1K$20
Office expensesLn 13$76K$70K$6K
Information technologyLn 14$13K$13K
OccupancyLn 16$105K$90K$16K
TravelLn 17$2K$2K$4
Conferences, conventions and meetingsLn 19$8K$7K$580
Depreciation, depletion and amortizationLn 22$33K$33K
InsuranceLn 23$14K$13K$824
Other expenses (24a–d)Ln 24$76K$72K$4K
All other expensesLn 24e$62K$62K
Total functional expensesLn 25$6.1M$5.6M$506K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $6.8M$7.1M−$289K$96K 990 PDF
FY2024 $5.0M$5.0M−$43K$384K 990 PDF
FY2023 $4.8M$4.7M$63K$427K 990 PDF
FY2022 $5.2M$5.1M$111K$364K 990 PDF
FY2021 Viewing $6.0M$6.1M−$63K$253K 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 FY2021 990 (6 parts)
Part I · Summary $6,034,938 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $5,098,557$6,034,875
I-9 Program service revenuePrior year $14,165$0
I-10 Investment incomePrior year $1,776$63
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $5,114,498$6,034,938
I-13 Grants and similar amounts paidPrior year $2,370,803$3,048,635
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $1,916,595$2,084,689
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $864,573$965,007
I-18 Total expensesPrior year $5,151,971$6,098,331
I-19 Revenue less expensesPrior year −$37,473−$63,393
Part VI · Governance 6 of 6 board members independent, no flags
VI-1a Voting members of the governing body6
VI-1b Independent voting members6
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 $6,034,938 across 5 lines filed
VIII-1e Government grants$5,960,099
VIII-1f All other contributions, gifts and grants$74,776
VIII-1h Total contributions, gifts and grants$6,034,875
VIII-3 Investment incomeExcluded from tax $63$63
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $63$6,034,938
Part IX · Statement of functional expenses $6,098,331 across 19 lines filed
IX-1 Grants to domestic organizationsPrograms $799,248$799,248
IX-2 Grants to domestic individualsPrograms $2,249,387$2,249,387
IX-5 Pay of current officers, directors and key staffPrograms $157,651 · Management $27,821$185,472
IX-7 Other salaries and wagesPrograms $1,286,192 · Management $243,560$1,529,752
IX-8 Pension plan contributionsPrograms $58,298 · Management $11,047$69,345
IX-9 Other employee benefitsPrograms $128,150 · Management $24,094$152,244
IX-10 Payroll taxesPrograms $124,473 · Management $23,403$147,876
IX-11c Accounting feesManagement $17,836$17,836
IX-11g Other fees for servicesPrograms $426,769 · Management $130,418$557,187
IX-12 Advertising and promotionPrograms $1,296 · Management $20$1,316
IX-13 Office expensesPrograms $69,613 · Management $6,347$75,960
IX-14 Information technologyPrograms $12,863$12,863
IX-16 OccupancyPrograms $89,585 · Management $15,867$105,452
IX-17 TravelPrograms $2,212 · Management $4$2,216
IX-19 Conferences, conventions and meetingsPrograms $7,296 · Management $580$7,876
IX-22 Depreciation, depletion and amortizationPrograms $32,955$32,955
IX-23 InsurancePrograms $12,709 · Management $824$13,533
IX-24 Other expenses (24a–d)Programs $72,230 · Management $4,079$76,309
IX-24e All other expensesPrograms $61,504$61,504
IX-25 Total functional expensesPrograms $5,592,431 · Management $505,900 · Fundraising $0$6,098,331
Part X · Balance sheet $1,042,645 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $33,610$78,949
X-2 Savings and temporary cash investmentsStart of year $129,325$169,388
X-3 Pledges and grants receivableStart of year $586,227$683,526
X-4 Accounts receivableStart of year $21,306$7,200
X-8 Inventories for sale or useStart of year $4,140$18,484
X-9 Prepaid expenses and deferred chargesStart of year $19,264$16,636
X-10c Land, buildings and equipment, netStart of year $101,417$68,462
X-16 Total assetsStart of year $895,289$1,042,645
X-17 Accounts payable and accrued expensesStart of year $555,612$676,060
X-19 Deferred revenueStart of year $23,404$113,705
X-26 Total liabilitiesStart of year $579,016$789,765
X-27 Net assets without donor restrictionsStart of year $316,273$252,880
X-32 Total net assets or fund balancesStart of year $316,273$252,880
X-33 Total liabilities and net assetsStart of year $895,289$1,042,645
Part XI · Reconciliation of net assets $252,880 net assets at year end
XI-1 Total revenue$6,034,938
XI-2 Total expenses$6,098,331
XI-3 Revenue less expenses−$63,393
XI-4 Net assets at start of year$316,273
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$252,880

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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