Upper Cumberland Local Workforce Development Board INC FY2021 filing

Tax-deductible

Cookeville, TN501(c)(3)EmploymentEIN 83-3661707Revenue $2.6M in FY2021

On file with the IRSucworkforce.org345 S Jefferson Ave Ste 200, 38501-3456 · Cookeville, TNTax-exempt since Aug 2019Publicly supported charity — 170(b)(1)(A)(vi)

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To engage employers, educators and community partners in creating a life-long learning environment in the Upper Cumberland that attracts and retains strong businesses as well as a diverse, talented Workforce critical for sustaining a vibrant, growing and innovative economy. The uclwdb will achieve this mission by:developing strategic partnerships with employers and training providers to align training services with the needs of area employers;enhancing career Development services for job seekers to increase job success and knowledge of high skill and in-demand careers;securing state and/or federal funding to develop new skills to meet high skill and in-demand careers; andcoordinating wioa activities with the region's economic Development plan to coordinate current and future Workforce goals and activities.

501(c)(3) charity; gifts are tax-deductible.
87¢ of each $1 spent went to programs.
$131K 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

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 surplus $13K a year · under 1% of revenue · last 5 filings
Worth a look: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
87%
of spending
Looks good: 87% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$131K
to officers and key staff · 5% of spending
Looks good: pay to officers and key staff is 5% 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
Liabilities
$430K
109% of total assets
Concern: liabilities are 109% of assets; over 80%.
Pt X · Ln 26
Independent board members
23
of 23 voting members
Looks good: 23 of 23 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.6M
+3% vs prior year
Spent
$2.6M
To programs
87%
Net assets
−$37K
By yearFY2020–FY2025
Revenue
$2.6M
FY2021▲ +3%
Tap a bar for its year
Revenue by fiscal year
FY2020$2.5M
FY2021$2.6M
FY2023$3.6M
FY2024$4.2M
FY2025$3.1M
Expenses
$2.6M
FY2021▲ +2%
Tap a bar for its year
Expenses by fiscal year
FY2020$2.5M
FY2021$2.6M
FY2023$3.5M
FY2024$4.0M
FY2025$3.2M
Net assets
−$37K
FY2021▼ -21%
Tap a bar for its year
Net assets by fiscal year
FY2020−$30K
FY2021−$37K
FY2023$100K
FY2024$263K
FY2025$147K

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 Aug 2019.

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

Where the money goes

87 cents of each dollar spent went to programs.

Program services 87% · $2.2M Management & general 13% · $336K

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

25 people listed on the 990; $131K 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
Executive Director
$67,500Pt VII · Sec A
Fiscal Agent
$63,919Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Becky Hull’s $72K as Executive Director is at the 10th 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 · 5 named individuals · Part VII

NameFY2025FY2024FY2023FY2021FY2020
Becky Hull$71,701$69,298$61,716$67,500$30,398
Robert Scott—$71,190$68,787$63,919$29,251
Zachary Davidson$22,720————
Stacey Thorgensen$14,481————
Chris King$11,080————

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 15aNo

Programs and updates

Connects employers, educators, and community to build a skilled workforce for a thriving economy.

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Provided by the organization

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1 program · $2.2M · in their own filed words · FY2020
01

To engage employers, educators and community partners in creating a life-long learning environment in the upper cumberland that attracts and retains strong businesses as well as a diverse, talented workforce critical for sustaining a vibrant, growing and innovative economy.

$2.2Mprogram 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 · 8 grants · $10.4M · 2019–2024
Career Team LLCFY2024$1,751,791
In the Door LLCFY2024$46,501
Career Team LLCFY2023$2,659,544
In the Door LLCFY2023$70,597
Career Team LLCFY2022$2,294,566
In the Door LLCFY2022$100,794

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$2.6M
Ln 12
Gifts and grantsLn 1h$2.6M
Money outPt IX
$2.6M
Ln 25
Programscol B$2.2M
Managementcol C$336K
Owns and owesPt X
−$37K
net assets · Ln 32
Cash and savingsLn 1–2$110K
Total assetsLn 16$393K
LiabilitiesLn 26$430K
PeoplePt VI, VII
25
listed · VII A
PaidVII A2
Voting boardVI 1a23
IndependentVI 1b23
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2.6M
Government grantsLn 1e$2.4M
Total revenueLn 12$2.6M
Assets in detailPt X, end of year
CashLn 1$110K
Cash and savings togetherLn 1–2$110K
Total assetsLn 16$393K
LiabilitiesLn 26$430K
Net assetsLn 32−$37K
OperationsPt I, VI
EmployeesI 55
VolunteersI 60
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
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$238K$110K
Total assetsLn 16$539K$393K
LiabilitiesLn 26$569K$430K
Net assetsLn 32−$30K−$37K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$1.9M$1.9M
Pay of current officers, directors and key staffLn 5$134K$134K
Other salaries and wagesLn 7$69K$39K$30K
Pension plan contributionsLn 8$18K$18K
Other employee benefitsLn 9$22K$8K$14K
Payroll taxesLn 10$23K$4K$19K
Other fees for servicesLn 11g$44K$44K
Office expensesLn 13$2K$2K
OccupancyLn 16$104K$72K$31K
InsuranceLn 23$8K$8K
Other expenses (24a–d)Ln 24$295K$258K$37K
Total functional expensesLn 25$2.6M$2.2M$336K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $3.1M$3.2M−$116K$147K 990 PDF
FY2024 $4.2M$4.0M$164K$263K 990 PDF
FY2023 $3.6M$3.5M$53K$100K 990 PDF
FY2022 Not on file
FY2021 Viewing $2.6M$2.6M−$6K−$37K 990 PDF
FY2020 $2.5M$2.5M−$30K−$30K 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 $2,566,070 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $2,500,935$2,566,070
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $2,500,935$2,566,070
I-13 Grants and similar amounts paidPrior year $1,610,839$1,854,368
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $315,082$265,567
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $605,388$452,541
I-18 Total expensesPrior year $2,531,309$2,572,476
I-19 Revenue less expensesPrior year −$30,374−$6,406
Part VI · Governance 23 of 23 board members independent, 2 to look at
VI-1a Voting members of the governing body23
VI-1b Independent voting members23
VI-13 Written whistleblower policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $2,566,070 across 4 lines filed
VIII-1e Government grants$2,351,594
VIII-1f All other contributions, gifts and grants$214,476
VIII-1h Total contributions, gifts and grants$2,566,070
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$2,566,070
Part IX · Statement of functional expenses $2,572,476 across 11 lines filed
IX-1 Grants to domestic organizationsPrograms $1,854,368$1,854,368
IX-5 Pay of current officers, directors and key staffManagement $134,375$134,375
IX-7 Other salaries and wagesPrograms $39,239 · Management $29,591$68,830
IX-8 Pension plan contributionsManagement $17,732$17,732
IX-9 Other employee benefitsPrograms $7,595 · Management $14,026$21,621
IX-10 Payroll taxesPrograms $4,441 · Management $18,568$23,009
IX-11g Other fees for servicesManagement $43,883$43,883
IX-13 Office expensesManagement $2,086$2,086
IX-16 OccupancyPrograms $72,481 · Management $31,063$103,544
IX-23 InsuranceManagement $7,884$7,884
IX-24 Other expenses (24a–d)Programs $258,255 · Management $36,889$295,144
IX-25 Total functional expensesPrograms $2,236,379 · Management $336,097 · Fundraising $0$2,572,476
Part X · Balance sheet $393,406 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $238,365$110,313
X-3 Pledges and grants receivableStart of year $300,146$283,093
X-16 Total assetsStart of year $538,511$393,406
X-17 Accounts payable and accrued expensesStart of year $532,894$382,878
X-25 Other liabilitiesStart of year $35,991$47,308
X-26 Total liabilitiesStart of year $568,885$430,186
X-32 Total net assets or fund balancesStart of year −$30,374−$36,780
X-33 Total liabilities and net assetsStart of year $538,511$393,406
Part XI · Reconciliation of net assets −$36,780 net assets at year end
XI-1 Total revenue$2,566,070
XI-2 Total expenses$2,572,476
XI-3 Revenue less expenses−$6,406
XI-4 Net assets at start of year−$30,374
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year−$36,780

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

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