Workforce Escarosa INC FY2022 filing

Tax-deductible

Pensacola, FL501(c)(3)Since 1996EmploymentEIN 59-3390564Revenue $4.8M in FY2022

On file with the IRScareersourceescarosa.com6913 N 9th Ave, 32504-6638 · Pensacola, FLTax-exempt since Feb 1997Publicly supported charity — 170(b)(1)(A)(vi)

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Careersource Escarosa is a nonprofit organization committed to supporting the Workforce needs of escambia and santa rosa counties. Classified as one of florida's 24 local Workforce boards and a member of the careersource florida network, we provide employment and training resources for area job seekers and employers.

501(c)(3) charity; gifts are tax-deductible.
90¢ of each $1 spent went to programs.
$180K 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

FY2022 · 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
1 of 5
filings with a surplus
Average deficit $79K a year · 2% of revenue · last 5 filings
Concern: a surplus in 1 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
90%
of spending
Looks good: 90% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$180K
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
Fine: 1.1 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$5.4M
101% of total assets
Concern: liabilities are 101% of assets; over 80%.
Pt X · Ln 26
Independent board members
17
of 17 voting members
Looks good: 17 of 17 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$4.8M
+15% vs prior year
Spent
$5.0M
To programs
90%
Net assets
−$53K
By yearFY2020–FY2024
Revenue
$4.8M
FY2022▲ +15%
Tap a bar for its year
Revenue by fiscal year
FY2020$6.0M
FY2021$4.2M
FY2022$4.8M
FY2023$5.6M
FY2024$5.0M
FY2024$4.9M
Expenses
$5.0M
FY2022▲ +13%
Tap a bar for its year
Expenses by fiscal year
FY2020$5.8M
FY2021$4.4M
FY2022$5.0M
FY2023$5.7M
FY2024$5.1M
FY2024$5.0M
Net assets
−$53K
FY2022▼ -38%
Tap a bar for its year
Net assets by fiscal year
FY2020$181K
FY2021−$38K
FY2022−$53K
FY2023−$49K
FY2024−$10K
FY2024−$111K

From the FY2022 Form 990 (year ending June 2022) · 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 Feb 1997.

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

Where the money goes

90 cents of each dollar spent went to programs.

Program services 90% · $4.5M Management & general 10% · $477K

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

19 people listed on the 990; $180K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
Chief Executive Officer
$98,727Pt VII · Sec A
Chief Financial Officer
$81,522Pt VII · Sec A
Secretary/Treasurer
$0Pt VII · Sec A
Member at Large
$0Pt VII · Sec A
Immediate Past Chair
$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 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 · 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.

See Workforce Escarosa 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

Connects job seekers and employers with employment and training resources.

Provided by the organization

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1 program · $4.5M · in their own filed words · FY2021
01

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

$4.5Mprogram expense

Funders

Who pays for it.

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

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 →

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$4.8M
Ln 12
Gifts and grantsLn 1h$4.8M
Other incomeLn 4–11$9K
Money outPt IX
$5.0M
Ln 25
Programscol B$4.5M
Managementcol C$477K
Owns and owesPt X
−$53K
net assets · Ln 32
Cash and savingsLn 1–2$436K
Total assetsLn 16$5.3M
LiabilitiesLn 26$5.4M
PeoplePt VI, VII
19
listed · VII A
PaidVII A2
Voting boardVI 1a17
IndependentVI 1b17
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$4.8M
Government grantsLn 1e$4.8M
Other incomeLn 4–11$9K
Gains on assetsLn 7−$7K
Total revenueLn 12$4.8M
Assets in detailPt X, end of year
CashLn 1$436K
Cash and savings togetherLn 1–2$436K
Land, buildings, equipmentLn 10c$134K
Total assetsLn 16$5.3M
LiabilitiesLn 26$5.4M
Net assetsLn 32−$53K
OperationsPt I, VI
EmployeesI 548
VolunteersI 618
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 FY22End FY22
Cash and savingsLn 1–2$472K$436K
Land, buildings, equipmentLn 10c$181K$134K
Total assetsLn 16$890K$5.3M
LiabilitiesLn 26$928K$5.4M
Net assetsLn 32−$38K−$53K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$855K$855K
Pay of current officers, directors and key staffLn 5$183K$183K
Other salaries and wagesLn 7$1.3M$1.2M$98K
Pension plan contributionsLn 8$54K$44K$10K
Other employee benefitsLn 9$349K$298K$51K
Legal feesLn 11b$142$142
Accounting feesLn 11c$28K$28K
Other fees for servicesLn 11g$47K$2K$45K
Advertising and promotionLn 12$8K$8K$268
Office expensesLn 13$96K$90K$6K
Information technologyLn 14$20K$19K$616
OccupancyLn 16$133K$115K$18K
TravelLn 17$21K$17K$4K
Conferences, conventions and meetingsLn 19$200$100$100
InterestLn 20$238K$228K$10K
Depreciation, depletion and amortizationLn 22$329K$329K
InsuranceLn 23$29K$28K$1K
Other expenses (24a–d)Ln 24$1.2M$1.2M$21K
All other expensesLn 24e$18K$18K$27
Total functional expensesLn 25$5.0M$4.5M$477K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $5.0M$5.1M−$72K−$10K 990 PDF
FY2023 $5.6M$5.7M−$94K−$49K 990 PDF
FY2022 Viewing $4.8M$5.0M−$164K−$53K 990 PDF
FY2021 $4.2M$4.4M−$219K−$38K 990 PDF
FY2020 $6.0M$5.8M$155K$181K 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 FY2022 990 (6 parts)
Part I · Summary $4,789,665 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $4,179,819$4,780,263
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $0−$7,274
I-11 Other revenuePrior year $1,487$16,676
I-12 Total revenuePrior year $4,181,306$4,789,665
I-13 Grants and similar amounts paidPrior year $888,082$855,301
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $2,144,674$1,912,719
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,367,826$2,185,631
I-18 Total expensesPrior year $4,400,582$4,953,651
I-19 Revenue less expensesPrior year −$219,276−$163,986
Part VI · Governance 17 of 17 board members independent, no flags
VI-1a Voting members of the governing body17
VI-1b Independent voting members17
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 $4,789,665 across 5 lines filed
VIII-1e Government grants$4,780,263
VIII-1h Total contributions, gifts and grants$4,780,263
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$7,274−$7,274
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $16,676$16,676
VIII-12 Total revenueRelated to mission $16,676 · Unrelated business $0 · Excluded from tax −$7,274$4,789,665
Part IX · Statement of functional expenses $4,953,651 across 19 lines filed
IX-1 Grants to domestic organizationsPrograms $855,301$855,301
IX-5 Pay of current officers, directors and key staffManagement $183,277$183,277
IX-7 Other salaries and wagesPrograms $1,227,938 · Management $97,765$1,325,703
IX-8 Pension plan contributionsPrograms $44,313 · Management $10,033$54,346
IX-9 Other employee benefitsPrograms $298,297 · Management $51,096$349,393
IX-11b Legal feesManagement $142$142
IX-11c Accounting feesManagement $28,000$28,000
IX-11g Other fees for servicesPrograms $2,172 · Management $44,722$46,894
IX-12 Advertising and promotionPrograms $7,551 · Management $268$7,819
IX-13 Office expensesPrograms $89,533 · Management $5,983$95,516
IX-14 Information technologyPrograms $19,479 · Management $616$20,095
IX-16 OccupancyPrograms $114,781 · Management $17,991$132,772
IX-17 TravelPrograms $17,263 · Management $4,018$21,281
IX-19 Conferences, conventions and meetingsPrograms $100 · Management $100$200
IX-20 InterestPrograms $228,458 · Management $10,016$238,474
IX-22 Depreciation, depletion and amortizationPrograms $328,764$328,764
IX-23 InsurancePrograms $27,698 · Management $1,171$28,869
IX-24 Other expenses (24a–d)Programs $1,197,208 · Management $21,478$1,218,686
IX-24e All other expensesPrograms $18,092 · Management $27$18,119
IX-25 Total functional expensesPrograms $4,476,948 · Management $476,703 · Fundraising $0$4,953,651
Part X · Balance sheet $5,329,228 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $472,327$435,631
X-3 Pledges and grants receivableStart of year $198,006$240,837
X-9 Prepaid expenses and deferred chargesStart of year $38,051$8,544
X-10c Land, buildings and equipment, netStart of year $181,363$133,829
X-14 Intangible assets$4,510,387
X-16 Total assetsStart of year $889,747$5,329,228
X-17 Accounts payable and accrued expensesStart of year $318,581$287,960
X-19 Deferred revenueStart of year $609,512$483,379
X-25 Other liabilitiesStart of year $0$4,610,927
X-26 Total liabilitiesStart of year $928,093$5,382,266
X-27 Net assets without donor restrictionsStart of year −$38,346−$53,038
X-32 Total net assets or fund balancesStart of year −$38,346−$53,038
X-33 Total liabilities and net assetsStart of year $889,747$5,329,228
Part XI · Reconciliation of net assets −$53,038 net assets at year end
XI-1 Total revenue$4,789,665
XI-2 Total expenses$4,953,651
XI-3 Revenue less expenses−$163,986
XI-4 Net assets at start of year−$38,346
XI-8 Prior period adjustments$149,293
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year−$53,038

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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