The Florida Workforce Development Association INC FY2024 filing

Not tax-deductible

Fort Pierce, FL501(c)(6)Community DevelopmentEIN 59-2467722Revenue $504K in FY2024

On file with the IRS4100 Okeechobee Rd 90a, 34947-5412 · Fort Pierce, FLTax-exempt since Apr 2007

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To improve Workforce Development services and activities in the state of Florida.

$45K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Pay: Part VII

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FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
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
No
Donations are not tax-deductible
Worth a look: the IRS does not list 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
3 of 5
filings with a surplus
Average surplus $21K a year · 5% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Pay to officers and key staff
$45K
to officers and key staff · 8% of spending
Looks good: pay to officers and key staff is 8% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
9 mo
of spending, in cash
Looks good: 9.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
39
of 39 voting members
Looks good: 39 of 39 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$504K
-15% vs prior year
Spent
$552K
Net assets
$426K
By yearFY2021–FY2025
Revenue
$504K
FY2024▼ -15%
Tap a bar for its year
Revenue by fiscal year
FY2021$42K
FY2022$393K
FY2023$595K
FY2024$504K
FY2025$542K
Expenses
$552K
FY2024▲ +24%
Tap a bar for its year
Expenses by fiscal year
FY2021$77K
FY2022$383K
FY2023$444K
FY2024$552K
FY2025$514K
Net assets
$426K
FY2024▼ -10%
Tap a bar for its year
Net assets by fiscal year
FY2021$313K
FY2022$323K
FY2023$474K
FY2024$426K
FY2025$455K

From the FY2024 Form 990 (year ending June 2024) · see the original

Form 990 (PDF) Claim
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 Apr 2007.

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

Who runs it and what they're paid

40 people listed on the 990; $45K 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
Executive Director
$45,000Pt VII · Sec A
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Mariann Sabolic’s $60K as Executive Director is at the 37th percentile of top reported officer pay among 1709 $100K–1M 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 · 1 named individual · Part VII

NameFY2025FY2024
Mariann Sabolic$60,000$45,000

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 The Florida Workforce Development Association 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 15aNo

Programs and updates

Improves workforce development services and activities across Florida.

Questions for The Florida Workforce Development Association INC

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Provided by the organization

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1 program · in their own filed words · FY2023
01

The florida workforce development association, inc. Was organized to improve workforce development activities and services in the state of florida by providing an annual training conference (summit), providing input on state policies, sharing best practices and providing workforce development information to state legislators and policy…

Pt IX · col B

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$504K
Ln 12
Fees for servicesLn 2g$484K
Other incomeLn 4–11$20K
Money outPt IX
$552K
Ln 25
Owns and owesPt X
$426K
net assets · Ln 32
Cash and savingsLn 1–2$426K
Total assetsLn 16$426K
LiabilitiesLn 26$0
PeoplePt VI, VII
40
listed · VII A
PaidVII A1
Voting boardVI 1a39
IndependentVI 1b39
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$484K
Other incomeLn 4–11$20K
Total revenueLn 12$504K
Assets in detailPt X, end of year
CashLn 1$426K
Cash and savings togetherLn 1–2$426K
Total assetsLn 16$426K
LiabilitiesLn 26$0
Net assetsLn 32$426K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$474K$426K
Total assetsLn 16$474K$426K
LiabilitiesLn 26$0$0
Net assetsLn 32$474K$426K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$60K
Accounting feesLn 11c$23K
Lobbying feesLn 11d$57K
Office expensesLn 13$2K
TravelLn 17$92K
Conferences, conventions and meetingsLn 19$315K
InsuranceLn 23$2K
Total functional expensesLn 25$552K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $542K$514K$28K$455K 990 PDF
FY2024 Viewing $504K$552K−$47K$426K 990 PDF
FY2023 $595K$444K$151K$474K 990 PDF
FY2022 $393K$383K$10K$323K 990 PDF
FY2021 $42K$77K−$35K$313K 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 (6 parts)
Part I · Summary $504,335 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $595,102$484,335
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $0$20,000
I-12 Total revenuePrior year $595,102$504,335
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 $0$60,000
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $444,377$491,509
I-18 Total expensesPrior year $444,377$551,509
I-19 Revenue less expensesPrior year $150,725−$47,174
Part VI · Governance 39 of 39 board members independent, 4 to look at
VI-1a Voting members of the governing body39
VI-1b Independent voting members39
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $504,335 across 3 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $484,335$484,335
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $20,000$20,000
VIII-12 Total revenueRelated to mission $484,335 · Unrelated business $0 · Excluded from tax $20,000$504,335
Part IX · Statement of functional expenses $551,509 across 7 lines filed
IX-5 Pay of current officers, directors and key staff$60,000
IX-11c Accounting fees$22,750
IX-11d Lobbying fees$57,300
IX-13 Office expenses$1,922
IX-17 Travel$92,142
IX-19 Conferences, conventions and meetings$315,047
IX-23 Insurance$2,348
IX-25 Total functional expenses$551,509
Part X · Balance sheet $426,335 assets, 5 lines filed
X-1 Cash, non-interest-bearingStart of year $473,509$426,335
X-16 Total assetsStart of year $473,509$426,335
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year $473,509$426,335
X-33 Total liabilities and net assetsStart of year $473,509$426,335
Part XI · Reconciliation of net assets $426,335 net assets at year end
XI-1 Total revenue$504,335
XI-2 Total expenses$551,509
XI-3 Revenue less expenses−$47,174
XI-4 Net assets at start of year$473,509
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$426,335

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

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