Civic Intelligence

Placement Works II Inc.

990 • Fiscal year 2021 • EIN 20-0473682

Jan 01, 2021 to Dec 31, 2021 • Filed on Mar 14, 2023

18838 Gulf Blvd Unit 202Indian Shores, FL 33785

(727) 296-5033

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

90th percentile

0.58x

Higher debt load relative to assets than 90% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

85th percentile

0.22x

Higher debt load relative to revenue than 85% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

85th percentile

47%

Higher net margin than 85% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

97th percentile

$84,808

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 19.8% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

95th percentile

260%

Faster asset growth than 95% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

64th percentile

24%

Faster revenue growth than 64% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$162,966

Up $117,654 (+260%) from 2020

Net Assets

Up

$68,284

Up $203,732 (+150%) from 2020

Liabilities

Down

$94,682

Down $86,078 (-48%) from 2020

Revenue

Up

$429,345

Up $83,528 (+24%) from 2020

Expenses

Down

$225,613

Down $279,413 (-55%) from 2020

Net Income

Up

$203,732

Up $362,941 (+228%) from 2020

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$400K$200K$0-$200KAssets 2010: $2,450Liabilities 2010: $0Net Assets 2010: $2,4502010Assets 2011: $1,944Liabilities 2011: $0Net Assets 2011: $1,9442011Assets 2012: $1,053Liabilities 2012: $0Net Assets 2012: $1,0532012Assets 2013: $365,747Liabilities 2013: $0Net Assets 2013: $365,7472013Assets 2014: $323,389Liabilities 2014: $0Net Assets 2014: $323,3892014Assets 2015: $280,153Liabilities 2015: $0Net Assets 2015: $280,1532015Assets 2016: $121,821Liabilities 2016: $0Net Assets 2016: $121,8212016Assets 2017: $43,271Liabilities 2017: $0Net Assets 2017: $43,2712017Assets 2018: $59,737Liabilities 2018: $0Net Assets 2018: $59,7372018Assets 2019: $38,761Liabilities 2019: $15,000Net Assets 2019: $23,7612019Assets 2020: $45,312Liabilities 2020: $180,760Net Assets 2020: -$135,4482020Assets 2021: $162,966Liabilities 2021: $94,682Net Assets 2021: $68,2842021Assets 2022: $15,801Liabilities 2022: $02022Assets 2023: $482Liabilities 2023: $0Net Assets 2023: -$34,1832023Assets 2024: $0Liabilities 2024: $0Net Assets 2024: $02024

Highlighted filing

2021

Assets$162,966
Liabilities$94,682
Net Assets$68,284

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KExpenses 2010: $361,2912010Expenses 2011: $605,8492011Revenue 2012: $1,041,541Expenses 2012: $1,042,432Net Income 2012: -$8912012Revenue 2013: $805,840Expenses 2013: $441,146Net Income 2013: $364,6942013Revenue 2014: $644,133Expenses 2014: $686,491Net Income 2014: -$42,3582014Revenue 2015: $525,202Expenses 2015: $568,438Net Income 2015: -$43,2362015Revenue 2016: $517,590Expenses 2016: $675,922Net Income 2016: -$158,3322016Revenue 2017: $542,608Expenses 2017: $621,158Net Income 2017: -$78,5502017Revenue 2018: $623,714Expenses 2018: $607,248Net Income 2018: $16,4662018Revenue 2019: $375,661Expenses 2019: $411,637Net Income 2019: -$35,9762019Revenue 2020: $345,817Expenses 2020: $505,026Net Income 2020: -$159,2092020Revenue 2021: $429,345Expenses 2021: $225,613Net Income 2021: $203,7322021Revenue 2022: $0Expenses 2022: $52,483Net Income 2022: -$52,4832022Revenue 2023: $83,939Expenses 2023: $125,978Net Income 2023: -$42,0392023Revenue 2024: $22,750Expenses 2024: $83,453Net Income 2024: -$60,7032024

Highlighted filing

2021

Revenue$429,345
Expenses$225,613
Net Income$203,732
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Mar 14, 2023
Return Version
2021v4.2
Gross Receipts
$429,345
Mission and Program Overview

Mission

The purpose of placementworks is to educate and serve individuals with the most severe disabilities through delivery of employment services and/or supported employment services for customers of the department of education/ division of vocational rehabilitation (doe/dovr).

To educate and serve individuals with the most severe disabilities through delivery of employment services and/or supported employment services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$33,213$152,944▲ $119,731
Loans From Officers Directors$112,312$88,480▼ $23,832
Rtn Earn Endowment Incm Other Fnds$-135,448$68,284▲ $203,732
Land, Buildings, and Equipment, Net$12,099$10,022▼ $2,077
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$45,312$162,966▲ $117,654
Liabilities
Other Liabilities$68,448$6,202▼ $62,246
Total Liabilities$180,760$94,682▼ $86,078
Net Assets / Fund Balance
Total Net Assets Fund Balance$-135,448$68,284▲ $203,732
Total Liabilities and Net Assets / Fund Balance$45,312$162,966▲ $117,654

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$6,315$85,242$91,557
Leasehold Improvements$3,707$318$4,025
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Christy BoccabellaPresidentFT$84,808$84,808

Board Members and Trustees

NameTitle
Amir ArdebilyDirector
Dr Scott Rubin DcDirector
Phoebe Yerian EzellDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$429,333
Program Service Revenue
$0
Investment Income
$12
Other Revenue
$0
All Other Contributions
$50,000
Change in Net Assets
$203,732
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$160,071
Other Expenses$65,542
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$50,885$33,923-$84,808
Other Salaries and Wages$63,796--$63,796
Fees for Services Other$25,196$2,799-$27,995
Payroll Taxes$8,849$2,618-$11,467
Fees for Services Accounting$10,300$1,144-$11,444
Occupancy$9,725$1,080-$10,805
Travel$4,555$506-$5,061
Information Technology$3,356$373-$3,729
Office Expenses$2,208$245-$2,453
Depreciation Depletion$1,869$208-$2,077
Advertising$742$82-$824
Other Expenses$108$12-$120
Total Functional Expenses$182,520$43,093$0$225,613
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$112,312$88,480▼ $23,832
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Ss Taxes$6,202
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The 990 return is provided to all board members and reviewed by the officers before submitting to the irs.

Form 990, Part VI, Section B, Line 12C

Annually the board members are asked to review and sign the conflict of interest policy.

Form 990, Part VI, Section B, Line 15

Line 15a - compensation process for top official the compensation of the president/officers is determined using salary surveys, description of job responsibilities, review of similar 990s and approved by the board. Line 15b - compensation process for officers the compensation of officers and key employees is determined using salary surveys, description of job responsibilities, review of similar 990s and approved by the board.

Form 990, Part VI, Section C, Line 19

Documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Placement Works Ii Inc
EIN
20-0473682
Phone
7272965033
Address
18838 GULF BLVD UNIT 202, INDIAN SHORES, FL 33785

Signing Officer

Name
Christy Boccabella
Title
President
Phone
7272965033
Signed
2023-03-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Christy Boccabella
Formed
2003
Legal Domicile
Fl
Voting Board Members
4
Independent Board Members
3
Employees
8
Volunteers
3

Preparer

Firm
Rsm US Llp
Address
100 2ND AVENUE S 600, ST PETERSBURG, FL 33701
Preparer
Catherine Mary Sullivan
Phone
7278216161
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Payroll fees: program service expenses 1,156. Management and general expenses 128. Fundraising expenses 0. Total expenses 1,284. Contract labor: program service expenses 24,040. Management and general expenses 2,671. Fundraising expenses 0. Total expenses 26,711.

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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt06315
IRS990ScheduleD/EquipmentGrp/DepreciationAmt085242
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt091557
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt03707
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0318
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt04025
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt06202
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEFERRED SS TAXES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt010022
IRS990ScheduleD/TotalLiabilityAmt06202
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt088480
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd01
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt020000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0PRESIDENT
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd00
IRS990ScheduleL/TotalBalanceDueAmt088480
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 990 RETURN IS PROVIDED TO ALL BOARD MEMBERS AND REVIEWED BY THE OFFICERS BEFORE SUBMITTING TO THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ANNUALLY THE BOARD MEMBERS ARE ASKED TO REVIEW AND SIGN THE CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2LINE 15A - COMPENSATION PROCESS FOR TOP OFFICIAL THE COMPENSATION OF THE PRESIDENT/OFFICERS IS DETERMINED USING SALARY SURVEYS, DESCRIPTION OF JOB RESPONSIBILITIES, REVIEW OF SIMILAR 990S AND APPROVED BY THE BOARD. LINE 15B - COMPENSATION PROCESS FOR OFFICERS THE COMPENSATION OF OFFICERS AND KEY EMPLOYEES IS DETERMINED USING SALARY SURVEYS, DESCRIPTION OF JOB RESPONSIBILITIES, REVIEW OF SIMILAR 990S AND APPROVED BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PAYROLL FEES: PROGRAM SERVICE EXPENSES 1,156. MANAGEMENT AND GENERAL EXPENSES 128. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,284. CONTRACT LABOR: PROGRAM SERVICE EXPENSES 24,040. MANAGEMENT AND GENERAL EXPENSES 2,671. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 26,711.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0FL
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt045312
IRS990/TotalAssetsEOYAmt0162966
IRS990/TotalAssetsGrp/BOYAmt045312
IRS990/TotalAssetsGrp/EOYAmt0162966
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0429333
IRS990/TotalEmployeeCnt08
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt043093
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0182520
IRS990/TotalFunctionalExpensesGrp/TotalAmt0225613
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0180760
IRS990/TotalLiabilitiesEOYAmt094682
IRS990/TotalLiabilitiesGrp/BOYAmt0180760
IRS990/TotalLiabilitiesGrp/EOYAmt094682
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-135448
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt068284
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0182520
IRS990/TotalReportableCompFromOrgAmt084808
IRS990/TotalRevenueGrp/ExclusionAmt012
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0429345
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt03
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt045312
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0162966
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt0506
IRS990/TravelGrp/ProgramServicesAmt04555
IRS990/TravelGrp/TotalAmt05061
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt018838 GULF BLVD UNIT 202
IRS990/USAddress/CityNm0INDIAN SHORES
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd033785
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0WWW.PWSUCCESS.COM
IRS990/WhistleblowerPolicyInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0CHRISTY BOCCABELLA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07272965033
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-03-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PLACEMENT WORKS II INC
ReturnHeader/Filer/BusinessNameControlTxt0PLAC
ReturnHeader/Filer/EIN0200473682
ReturnHeader/Filer/PhoneNum07272965033
ReturnHeader/Filer/USAddress/AddressLine1Txt018838 GULF BLVD UNIT 202
ReturnHeader/Filer/USAddress/CityNm0INDIAN SHORES
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd033785
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0420714325
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RSM US LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0100 2ND AVENUE S 600
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ST PETERSBURG
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd033701
ReturnHeader/PreparerPersonGrp/PhoneNum07278216161
ReturnHeader/PreparerPersonGrp/PreparationDt02023-03-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CATHERINE MARY SULLIVAN
ReturnHeader/ReturnTs02023-03-15T13:08:36-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0CHRISTY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BOCCABELLA
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.02$0.08$0.06
2023Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.03$0.08$0.13$0.04
2022Summary only. Only limited summary data is available for this year.$0.02$0.00$0.00$0.05$0.05
2021Detailed filing. Detailed filing data is available for this year.$0.16$0.09$0.07$0.43$0.23$0.20
2020Detailed filing. Detailed filing data is available for this year.$0.05$0.18$0.14$0.35$0.51$0.16
2019Detailed filing. Detailed filing data is available for this year.$0.04$0.02$0.02$0.38$0.41$0.04
2018Detailed filing. Detailed filing data is available for this year.$0.06$0.00$0.06$0.62$0.61$0.02
2017Detailed filing. Detailed filing data is available for this year.$0.04$0.00$0.04$0.54$0.62$0.08
2016Detailed filing. Detailed filing data is available for this year.$0.12$0.00$0.12$0.52$0.68$0.16
2015Detailed filing. Detailed filing data is available for this year.$0.28$0.00$0.28$0.53$0.57$0.04
2014Detailed filing. Detailed filing data is available for this year.$0.32$0.00$0.32$0.64$0.69$0.04
2013Detailed filing. Detailed filing data is available for this year.$0.37$0.00$0.37$0.81$0.44$0.36
2012Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$1.04$1.04$0.00
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.00$0.00$0.00$0.61
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.00$0.00$0.00$0.36
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2021 filings • 501(c)3 • <$500k nonprofits