Work Services Corporation FY2020 filing

Tax-deductible

Wichita Falls, TX501(c)(3)Since 1978EmploymentEIN 75-2247311

The organization's mission is to empower people with disabilities to achieve personal growth and independence, and include vocational assessments, vocational training, job search services, job placement, and employment.

501(c)(3) charity; gifts are tax-deductible.
90¢ of each $1 spent went to programs.
$372K 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

FY2020 · 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
5 of 5
filings with a surplus
Average surplus $3.6M a year · 8% of revenue · last 5 filings
Looks good: a surplus in 5 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
$372K
to officers and key staff · 1% of spending
Looks good: pay to officers and key staff is 1% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 1.5 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $123
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$2.6M
5% of total assets
Looks good: liabilities are 5% of assets; 50% or less.
Pt X · Ln 26
Independent board members
11
of 11 voting members
Looks good: 11 of 11 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$34.5M
Spent
$32.2M
To programs
90%
Net assets
$54.3M
By yearFY2020–FY2024
Revenue
$34.5M
FY2020
Revenue by fiscal year
FY2020$34.5M
FY2021$39.3M
FY2022$42.9M
FY2023$46.1M
FY2024$51.6M
Expenses
$32.2M
FY2020
Expenses by fiscal year
FY2020$32.2M
FY2021$34.9M
FY2022$39.0M
FY2023$44.6M
FY2024$45.9M
Net assets
$54.3M
FY2020
Net assets by fiscal year
FY2020$54.3M
FY2021$62.1M
FY2022$58.4M
FY2023$64.1M
FY2024$69.6M

From the FY2020 Form 990 · 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 Dec 1989.

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% · $28.9M Management & general 10% · $3.3M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

14 people listed on the 990; $372K paid to officers and key staff.

Part VII, Section A · reportable compensation
$152,199Pt VII · Sec A
VP of Opertions
$125,392Pt VII · Sec A
VP of Finance
$94,773Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Chairperson
$0Pt VII · Sec A

David Toogood’s $230K as CEO is at the 48th percentile of top reported officer pay among 414 $10–100M 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 · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
David Toogood$229,929$176,566$173,386$173,809$152,199
Ben Ezzell$170,214$161,996$152,507$133,735$125,392
Robert a Propp$134,358—$126,066$107,070—
Jessica Traw—$126,586$118,131$112,344$94,773
Holly Burroughs$111,881————
Phillip Cardinal$108,836————
Pamela Braatz$107,511————
Mileasha Rizan$106,902————

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

Helps people with disabilities grow, gain independence, and find jobs through training and support.

Provided by the organization

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2 program services account for $28.9M of program spending, described in the organization's own filed words · FY2020.
01

The organization's mission is to empower people with disabilities to achieve personal growth and independence, and to improve their quality of life through training and employment. Primary activities include vocational assessments, vocational training, job search services, job placement, and employment.

$28.4Mprogram expense
02

The career development department performs vocational evaluations, job placement, and extended rehabilitation services to people with disabilities.

$486Kprogram expense

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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 · FY2023
Total grants receivedfrom 1 funder$123
Grants paid · 14 grants · $395K · 2020–2024

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$34.5M
Ln 12
Fees for servicesLn 2g$32.9M
Investment incomeLn 3$1.5M
Other incomeLn 4–11$97K
Money outPt IX
$32.2M
Ln 25
Programscol B$28.9M
Managementcol C$3.3M
Owns and owesPt X
$54.3M
net assets · Ln 32
Cash and savingsLn 1–2$4.0M
Total assetsLn 16$56.9M
LiabilitiesLn 26$2.6M
PeoplePt VI, VII
14
listed · VII A
PaidVII A3
Voting boardVI 1a11
IndependentVI 1b11
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$18K
Fees for servicesLn 2g$32.9M
Investment incomeLn 3$1.5M
Other incomeLn 4–11$97K
Gains on assetsLn 7$694K
Total revenueLn 12$34.5M
Assets in detailPt X, end of year
CashLn 1$2.2M
SavingsLn 2$1.8M
Cash and savings togetherLn 1–2$4.0M
InvestmentsLn 11–13$39.7M
Land, buildings, equipmentLn 10c$7.6M
Other assetsLn 15$2K
Total assetsLn 16$56.9M
LiabilitiesLn 26$2.6M
Net assetsLn 32$54.3M
OperationsPt I, VI
EmployeesI 51,075
VolunteersI 611
Fiscal year endsHeaderDecember
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 FY20End FY20
Cash and savingsLn 1–2$4.5M$4.0M
InvestmentsLn 11–13$35.6M$39.7M
Land, buildings, equipmentLn 10c$7.9M$7.6M
Total assetsLn 16$51.9M$56.9M
LiabilitiesLn 26$2.5M$2.6M
Net assetsLn 32$49.3M$54.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$72K$72K
Pay of current officers, directors and key staffLn 5$399K$399K
Other salaries and wagesLn 7$19.4M$18.4M$989K
Other employee benefitsLn 9$6.0M$5.7M$331K
Payroll taxesLn 10$1.6M$1.5M$108K
Investment management feesLn 11f$155K$155K
Other fees for servicesLn 11g$346K$102K$245K
Advertising and promotionLn 12$2K$485$2K
Office expensesLn 13$274K$75K$198K
OccupancyLn 16$195K$91K$103K
TravelLn 17$171K$134K$37K
Conferences, conventions and meetingsLn 19$685$640$45
InterestLn 20$4K$28$4K
Payments to affiliatesLn 21$1.1M$1.1M
Depreciation, depletion and amortizationLn 22$570K$207K$363K
InsuranceLn 23$180K$22K$158K
Other expenses (24a–d)Ln 24$1.6M$1.5M$140K
All other expensesLn 24e$53K$6K$47K
Total functional expensesLn 25$32.2M$28.9M$3.3M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $51.6M$45.9M$5.6M$69.6M 990 PDF
FY2023 $46.1M$44.6M$1.5M$64.1M 990 PDF
FY2022 $42.9M$39.0M$4.0M$58.4M 990 PDF
FY2021 $39.3M$34.9M$4.5M$62.1M 990 PDF
FY2020 Viewing $34.5M$32.2M$2.4M$54.3M 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 FY2020 990 (4 parts)
Part VIII · Statement of revenue $34,530,494 across 7 lines filed
VIII-1f All other contributions, gifts and grants$18,000
VIII-1h Total contributions, gifts and grants$18,000
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $32,922,497$32,922,497
VIII-3 Investment incomeExcluded from tax $798,899$798,899
VIII-7 Net gain or loss on sales of assetsRelated to mission −$32 · Excluded from tax $693,666$693,634
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $97,464$97,464
VIII-12 Total revenueRelated to mission $33,019,929 · Unrelated business $0 · Excluded from tax $1,492,565$34,530,494
Part IX · Statement of functional expenses $32,174,461 across 18 lines filed
IX-1 Grants to domestic organizationsPrograms $71,600$71,600
IX-5 Pay of current officers, directors and key staffManagement $399,003$399,003
IX-7 Other salaries and wagesPrograms $18,446,326 · Management $988,884$19,435,210
IX-9 Other employee benefitsPrograms $5,657,856 · Management $330,522$5,988,378
IX-10 Payroll taxesPrograms $1,518,968 · Management $108,356$1,627,324
IX-11f Investment management feesManagement $155,405$155,405
IX-11g Other fees for servicesPrograms $101,650 · Management $244,829$346,479
IX-12 Advertising and promotionPrograms $485 · Management $1,860$2,345
IX-13 Office expensesPrograms $75,290 · Management $198,346$273,636
IX-16 OccupancyPrograms $91,419 · Management $103,484$194,903
IX-17 TravelPrograms $134,408 · Management $36,684$171,092
IX-19 Conferences, conventions and meetingsPrograms $640 · Management $45$685
IX-20 InterestPrograms $28 · Management $4,130$4,158
IX-21 Payments to affiliatesPrograms $1,061,198$1,061,198
IX-22 Depreciation, depletion and amortizationPrograms $206,803 · Management $363,057$569,860
IX-23 InsurancePrograms $21,709 · Management $157,851$179,560
IX-24 Other expenses (24a–d)Programs $1,500,933 · Management $139,827$1,640,760
IX-24e All other expensesPrograms $6,062 · Management $46,803$52,865
IX-25 Total functional expensesPrograms $28,895,375 · Management $3,279,086 · Fundraising $0$32,174,461
Part X · Balance sheet $56,899,690 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $2,651,252$2,200,147
X-2 Savings and temporary cash investmentsStart of year $1,860,831$1,827,420
X-4 Accounts receivableStart of year $3,398,467$5,019,197
X-8 Inventories for sale or useStart of year $184,517$221,510
X-9 Prepaid expenses and deferred chargesStart of year $259,842$282,429
X-10c Land, buildings and equipment, netStart of year $7,882,955$7,634,770
X-11 Publicly traded securitiesStart of year $35,588,355$39,712,516
X-15 Other assetsStart of year $25,701$1,701
X-16 Total assetsStart of year $51,851,920$56,899,690
X-17 Accounts payable and accrued expensesStart of year $2,544,997$2,582,539
X-26 Total liabilitiesStart of year $2,544,997$2,582,539
X-27 Net assets without donor restrictionsStart of year $49,306,923$54,317,151
X-32 Total net assets or fund balancesStart of year $49,306,923$54,317,151
X-33 Total liabilities and net assetsStart of year $51,851,920$56,899,690
Part XI · Reconciliation of net assets $54,317,151 net assets at year end
XI-1 Total revenue$34,530,494
XI-2 Total expenses$32,174,461
XI-3 Revenue less expenses$2,356,033
XI-4 Net assets at start of year$49,306,923
XI-5 Net unrealized gains (losses) on investments$2,654,195
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$54,317,151

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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