Workforce Escarosa INC EIN 59-3390564 Form 990 (PDF) Claim this org

Workforce Escarosa INC

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Connects job seekers and employers with employment and training resources. For fiscal year 2024 it reported $4.9M in revenue, $5.0M in expenses, and $-111K in net assets.Pt I

Founded
1996
Type
Public charity (501(c)(3)) · Employment
Location
Pensacola, FL
Website
www.careersourceescarosa.com
Filings
5 on file (2020–2024)
Revenue
$4.9MFY2024
Expenses
$5.0M
Net assets
$-111K
People
18
Filings
5
Updates
0
More identity details & actions ⌄
EIN  59-3390564 Public charity (501(c)(3)) Pensacola, FL Founded 1996
Form 990 (PDF)
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Figures match the IRS filing checked 8/23/26 · see original: IRS
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Size
$1–10M
What they do
Connects job seekers and employers with employment and training resources.
Leadership
Marcus McBride · Chief Executive Officer · $143K
Money in and out
$4.9M revenue, $5.0M expenses
Bottom line
87% program efficiency
Where the money goes · FY2024
Total revenue
$4.9M
Pt VIII · Ln 12
Total expenses
$5.0M
Pt IX · Ln 25
Net assets
$-111K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$100K
Where spending went · Part IX cols B–D
Program services $0.87 Management & general $0.13
Program efficiency
87%
of spending reaches programs▲ +0.8% vs prior filing year
Operating runway
0.8mo
months of highly liquid reserves at operating expense rate▲ +14% vs prior filing year
Surplus margin
-2%
revenue over expenses, this year▼ -42% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$4.9M
FY2024▼ -3%
Expenses
$5.0M
FY2024▼ -2%
Total assets
$4.4M
FY2024▼ -8%
Total liabilities
$4.5M
FY2024▼ -5%
Total revenue
$4.9M
Pt VIII · Ln 12
Total expenses
$5.0M
Pt IX · Ln 25
Net assets
$-111K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$100K
Total assetsPt X · Ln 16$4.4M
Program-expense ratioPt IX · col B87%
Voting members of governing bodyPt I · Ln 314
Independent voting membersPt I · Ln 414

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CWorkforce Escarosa INC
EINHdr · item D59-3390564
Principal addressHdr · item CPensacola, FL
WebsiteHdr · item Jwww.careersourceescarosa.com
Year of formationHdr · item L1996
State of legal domicileHdr · item MFL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEmployment (J20)
Ruling yearIRS BMFFeb 1997

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a14
Independent voting membersPt VI · Ln 1b14
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Chief Executive Officer
$143,244Pt VII · Sec A
Chief Finance Officer
$78,517Pt VII · Sec A
Secretary/Treasurer
$0Pt VII · Sec A
Member at Large
$0Pt VII · Sec A
Member at Large as of 8/24/2024
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Marcus McBride’s $143K as Chief Executive Officer is at the 61st percentile of top reported officer pay among 1236 $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 · 7 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Marcus McBride$143,244$134,873
Marus McBride$100,700$98,727
Sheryl N Rehberg$95,724
Priya Sarathy$81,522$2,769
Naeemah T Frazier$80,486
Mariezel Halili$78,517$53,171
Marcus L McBride$54,808

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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Mission & Programs · Part III

Where the work happens

1 program service account for $4.3M of program spending, described in the organization's own filed words · FY2024.
01

Services provide educational and operational training, employment opportunities, temporary assistance, and transitional assistance.

$4.3Mprogram expense

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Statement of Revenue

Part VIII
Contributions & grants100%$4.9M
Program service revenue$10K
— government grantsLn 1e$4.9M
Total revenueLn 12$4.9M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.87 Management & general $0.13
Program services87%$4.3M
Management & general13%$629K
Total functional expensesLn 25$5.0M

Balance Sheet

Part X · end of year
CashLn 1$331K
Total assetsLn 16$4.4M
Total liabilitiesLn 26$4.5M
Total net assetsLn 32$-111K
Months of cash on handcomputed0.8

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $331K · Operating expenses/yr $5.0M
0.8 months
Where the money goes
Program services
Program services $4.3M · Total expenses $5.0M
87%
Management & General
Management & general $629K · Total expenses $5.0M
13%
Fundraising
Fundraising $0 · Total expenses $5.0M
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $4K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $4.9M · Total revenue $4.9M
100%
Government reliance
Government grants $4.9M · Total revenue $4.9M
100%
Earned-income share
Program service revenue $10K · Total revenue $4.9M
0.2%
Investment reliance
Investment income $0 · Total revenue $4.9M
0%
Program self-sufficiency
Program service revenue $10K · Total expenses $5.0M
0.2%
Growth & trend
Revenue growth (YoY)
This year $4.9M · Prior year $5.0M
-3%
Revenue CAGR
FY2019 $6.0M · FY2024 $4.9M
-4%
Net-asset trend (YoY)
End of year $-111K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $4.9M · Expenses $5.0M
-2%
Liabilities-to-Assets
Total liabilities — · Total assets $4.4M
Net-asset ratio
Net assets $-111K · Total assets $4.4M
-3%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $4.4M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Marcus McBride · Reported title CHIEF EXECUTIVE OFFICER · Highest reported compensation $143K · Total expenses $5.0M
3%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $2.2M · Total expenses $5.0M
45%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 87%
Overhead ratio 13%
Revenue growth -3%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · this organization's grantmaking
Grants paid · 36 grants · $7.6M · 2019–2024
Unitemized GrantFY2024$408,836
Santa Rosa County School DistrictFY2024$310,618
Escambia County School DistrictFY2024$226,733
Unitemized GrantFY2024$108,028
Unitemized GrantFY2024$77,411
Unitemized GrantFY2024$29,040
Unitemized GrantFY2024$22,357
Unitemized GrantFY2023$345,165
Santa Rosa County School DistrictFY2023$294,591
Escambia County School DistrictFY2023$221,281
Unitemized GrantFY2023$216,486
Unitemized GrantFY2023$100,830
Unitemized GrantFY2023$40,700
Unitemized GrantFY2023$3,211
Unitemized GrantFY2023$149
Unitemized GrantFY2022$593,815
See all 36 grants →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024$5.0M revenue · ⤓ 990 PDF
FY2023$5.6M revenue · ⤓ 990 PDF
FY2022$4.8M revenue · ⤓ 990 PDF
FY2021$4.2M revenue · ⤓ 990 PDF
FY2020$6.0M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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