Civic Intelligence

Worksource Enterprises

990 • Fiscal year 2015 • EIN 54-0836455

Jul 01, 2014 to Jun 30, 2015 • Filed on Sep 22, 2015

1311 Carlton AvenueCharlottesville, VA 22902-5837

(434) 972-1730

Siviq Scores

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

Liabilities / Assets

49th percentile

0.10x

Higher debt load relative to assets than 49% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

45th percentile

0.08x

Higher debt load relative to revenue than 45% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

29th percentile

-3.9%

Higher net margin than 29% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2015

Asset Growth

25th percentile

-4.3%

Faster asset growth than 25% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

36th percentile

-1.4%

Faster revenue growth than 36% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Down

$2,190,321

Down $99,240 (-4.3%) from 2014

Net Assets

Down

$1,967,072

Down $71,505 (-3.5%) from 2014

Liabilities

Down

$223,249

Down $27,735 (-11%) from 2014

Revenue

Down

$2,641,795

Down $37,106 (-1.4%) from 2014

Expenses

Up

$2,745,229

Up $5,872 (+0.2%) from 2014

Net Income

Down

-$103,434

Down $42,978 (-71%) from 2014

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $2,235,935Liabilities 2011: $391,489Net Assets 2011: $1,844,4462011Assets 2012: $2,228,527Liabilities 2012: $338,249Net Assets 2012: $1,890,2782012Assets 2013: $2,298,119Liabilities 2013: $292,531Net Assets 2013: $2,005,5882013Assets 2014: $2,289,561Liabilities 2014: $250,984Net Assets 2014: $2,038,5772014Assets 2015: $2,190,321Liabilities 2015: $223,249Net Assets 2015: $1,967,0722015Assets 2016: $2,026,181Liabilities 2016: $178,629Net Assets 2016: $1,847,5522016Assets 2017: $1,930,040Liabilities 2017: $115,627Net Assets 2017: $1,814,4132017Assets 2018: $2,009,321Liabilities 2018: $84,460Net Assets 2018: $1,924,8612018Assets 2019: $2,065,495Liabilities 2019: $82,490Net Assets 2019: $1,983,0052019Assets 2020: $2,228,046Liabilities 2020: $388,012Net Assets 2020: $1,840,0342020Assets 2021: $2,868,861Liabilities 2021: $677,258Net Assets 2021: $2,191,6032021Assets 2022: $2,438,593Liabilities 2022: $73,773Net Assets 2022: $2,364,8202022Assets 2023: $2,999,106Liabilities 2023: $71,038Net Assets 2023: $2,928,0682023Assets 2024: $5,895,489Liabilities 2024: $65,662Net Assets 2024: $5,829,8272024Assets 2025: $6,019,766Liabilities 2025: $309,919Net Assets 2025: $5,709,8472025

Highlighted filing

2015

Assets$2,190,321
Liabilities$223,249
Net Assets$1,967,072

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $2,853,615Expenses 2011: $2,868,695Net Income 2011: -$15,0802011Revenue 2012: $2,788,953Expenses 2012: $2,725,027Net Income 2012: $63,9262012Revenue 2013: $2,770,173Expenses 2013: $2,721,381Net Income 2013: $48,7922013Revenue 2014: $2,678,901Expenses 2014: $2,739,357Net Income 2014: -$60,4562014Revenue 2015: $2,641,795Expenses 2015: $2,745,229Net Income 2015: -$103,4342015Revenue 2016: $2,477,476Expenses 2016: $2,554,869Net Income 2016: -$77,3932016Revenue 2017: $2,398,242Expenses 2017: $2,500,323Net Income 2017: -$102,0812017Revenue 2018: $2,430,032Expenses 2018: $2,394,658Net Income 2018: $35,3742018Revenue 2019: $2,000,181Expenses 2019: $1,993,344Net Income 2019: $6,8372019Revenue 2020: $1,779,014Expenses 2020: $1,965,670Net Income 2020: -$186,6562020Revenue 2021: $1,621,798Expenses 2021: $1,591,407Net Income 2021: $30,3912021Revenue 2022: $2,183,228Expenses 2022: $1,680,973Net Income 2022: $502,2552022Revenue 2023: $2,262,804Expenses 2023: $1,844,164Net Income 2023: $418,6402023Revenue 2024: $2,242,124Expenses 2024: $2,165,678Net Income 2024: $76,4462024Revenue 2025: $2,260,423Expenses 2025: $2,218,260Net Income 2025: $42,1632025

Highlighted filing

2015

Revenue$2,641,795
Expenses$2,745,229
Net Income-$103,434
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Sep 22, 2015
Return Version
2014v5.0
Gross Receipts
$2,641,795
Mission and Program Overview

Mission

The mission of worksource enterprises is to secure employment and support services that enable individuals with vocational disabilities to achieve economic self-sufficiency, independence and full participation in the community.

The mission of worksource enterprises is to secure employment and support services that enable individuals with vocational disabilities to achieve economic self-sufficiency, independence and full participation in the community. Worksource provides job training and employment to persons with disabilities. Worksource serves virginians in charlottesville and albemarle, fluvanna, greene, louisa and nelson counties. Most persons served have intellectual and developmental disabilities, mental illness, physical impairments, sensory impairments and autism.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,083,428$1,006,561▼ $76,867
Investments Other Securities$760,684$821,164▲ $60,480
Accounts Receivable$175,727$181,013▲ $5,286
Savings and Temporary Cash Investments$202,350$140,766▼ $61,584
Inventories for Sale or Use$23,420$14,465▼ $8,955
Prepaid Expenses and Deferred Charges$27,023$10,773▼ $16,250
Cash and Non-Interest-Bearing Accounts$10,075$10,369▲ $294
Intangible Assets$5,754$4,110▼ $1,644
Total Assets$2,289,561$2,190,321▼ $99,240
Other Assets Total$1,100$1,100→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$152,112$114,419▼ $37,693
Accounts Payable and Accrued Expenses$98,872$108,830▲ $9,958
Total Liabilities$250,984$223,249▼ $27,735
Net Assets / Fund Balance
Unrestricted Net Assets$2,038,577$1,957,072▼ $81,505
Temporarily Rstr Net Assets$0$10,000▲ $10,000
Total Net Assets Fund Balance$2,038,577$1,967,072▼ $71,505
Total Liabilities and Net Assets / Fund Balance$2,289,561$2,190,321▼ $99,240

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$738,057$667,111$1,405,168
Equipment$41,136$667,523$708,659
Land$226,309-$226,309
Leasehold Improvements$1,059$67,764$68,823
Other Securities$25,410--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Charles J McelroyPresident and CEOFT$120,263$11,611$131,874

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$248,739
Program Service Revenue
$2,381,672
Investment Income
$11,384
Other Revenue
$0
All Other Contributions
$79,760
Change in Net Assets
$-103,434

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,641,795
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$34,429
Total Revenue per Audited Statements
$2,676,224
Total Revenue per Form 990
$2,641,795
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,979,464
Other Expenses$765,765
Total Fundraising Expense$4,571
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,348,884$153,891-$1,502,775
Office Expenses$316,707$7,355-$324,062
Other Employee Benefits$201,550$26,138-$227,688
Occupancy$156,128$5,810-$161,938
Payroll Taxes$110,287$15,127-$125,414
Current Officers, Directors, Trustees, and Key Employees$74,525$44,491$4,571$123,587
Depreciation Depletion$75,634$4,472-$80,106
Fees for Services Other$23,712$8,900-$32,612
Travel$29,678$1,317-$30,995
Conferences and Meetings$25,718$4,993-$30,711
Advertising$7,296$2,115-$9,411
Other Expenses$505$8,145-$8,650
Interest$4,500$249-$4,749
Total Functional Expenses$2,428,598$312,060$4,571$2,745,229

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,747,729
Expenses per Audited Statements$2,745,229
Total Expenses per Form 990$2,745,229
Expenses Not Reported on Form 990$2,500
Expenses Not Reported on Financial Statements$0
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
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 A, Line 4

The board elected to amend the organization's bylaws involving the number of directors required and setting terms and term limits

Form 990, Part VI, Section B, Line 11

The auditors presented the form 990 to the board on september 23, 2015 prior to being filed with the irs.

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

The accreditation standards for worksource requires that the president review all policies and procedures on an annual basis. All directors are aware of the policy and regularly disclose any conflicts that arise.

Form 990, Part VI, Section B, Line 15

Worksource uses salary surveys from the charlottesville regional chamber of commerce, the center for nonprofit excellence and other organizations to benchmark certain positions. It also compiles salary information from other organizations 990s.

Form 990, Part VI, Section C, Line 18

The organization's form 1023 and 990 are made available to the public upon request.

Form 990, Part VI, Section C, Line 19

All of these are available upon request.

Filing and Contact Details

Filer

Filer Name
Worksource Enterprises
EIN
54-0836455
Phone
4349721730
Address
1311 CARLTON AVENUE, CHARLOTTESVILLE, VA 22902-5837

Signing Officer

Name
Charles J Mcelroy
Title
President
Phone
4349721730
Signed
2015-09-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Charles J Mcelroy
Formed
1967
Legal Domicile
Va
Voting Board Members
12
Independent Board Members
12
Employees
130
Volunteers
65

Preparer

Firm
HANTZMON WIEBEL LLP CPA'S
Address
818 E JEFFERSON ST PO BOX 1408, CHARLOTTESVILLE, VA 22902
Preparer
P Frank Berry
Phone
4342962156
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

There has been no change in the approval process for the audited financial statements.

Financial Statement Notes

PART X, LINE 2:

The organization is exempt from income taxes under section 501(c)(3) of the internal revenue code. The organization has reviewed and evaluated the relevant technical merits of each of its tax positions in accordance with guidance established by the financial accounting standards board and determined there were no uncertain tax positions that would have a material impact on the financial statements of the organization.

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IRS990/InterestGrp/TotalAmt04749
IRS990/InventoriesForSaleOrUseGrp/BOYAmt023420
IRS990/InventoriesForSaleOrUseGrp/EOYAmt014465
IRS990/InvestmentIncomeGrp/ExclusionAmt011384
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt011384
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0760684
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0821164
IRS990/IRPDocumentCnt04
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01402398
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01083428
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01006561
IRS990/LandBldgEquipCostOrOtherBssAmt02408959
IRS990/LegalDomicileStateCd0VA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE MISSION OF WORKSOURCE ENTERPRISES IS TO SECURE EMPLOYMENT AND SUPPORT SERVICES THAT ENABLE INDIVIDUALS WITH VOCATIONAL DISABILITIES TO ACHIEVE ECONOMIC SELF-SUFFICIENCY, INDEPENDENCE AND FULL PARTICIPATION IN THE COMMUNITY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0152112
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0114419
IRS990/NetAssetsOrFundBalancesBOYAmt02038577
IRS990/NetAssetsOrFundBalancesEOYAmt01967072
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt031929
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt05810
IRS990/OccupancyGrp/ProgramServicesAmt0156128
IRS990/OccupancyGrp/TotalAmt0161938
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt07355
IRS990/OfficeExpensesGrp/ProgramServicesAmt0316707
IRS990/OfficeExpensesGrp/TotalAmt0324062
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01100
IRS990/OtherAssetsTotalGrp/EOYAmt01100
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt026138
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0201550
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0227688
IRS990/OtherExpensesGrp/Desc0MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc1REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc2UNIFORM RENTAL
IRS990/OtherExpensesGrp/Desc3DUES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt025379
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt13678
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt38145
IRS990/OtherExpensesGrp/ProgramServicesAmt022555
IRS990/OtherExpensesGrp/ProgramServicesAmt114053
IRS990/OtherExpensesGrp/ProgramServicesAmt216866
IRS990/OtherExpensesGrp/ProgramServicesAmt3505
IRS990/OtherExpensesGrp/TotalAmt047934
IRS990/OtherExpensesGrp/TotalAmt117731
IRS990/OtherExpensesGrp/TotalAmt216866
IRS990/OtherExpensesGrp/TotalAmt38650
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0153891
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01348884
IRS990/OtherSalariesAndWagesGrp/TotalAmt01502775
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt015127
IRS990/PayrollTaxesGrp/ProgramServicesAmt0110287
IRS990/PayrollTaxesGrp/TotalAmt0125414
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt027023
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt010773
IRS990/PrincipalOfficerNm0CHARLES J MCELROY
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0812900
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM RECEIPTS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02381672
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02381672
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0225837
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt09862
IRS990/PYOtherExpensesAmt0761181
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt02443202
IRS990/PYRevenuesLessExpensesAmt0-60456
IRS990/PYSalariesCompEmpBnftPaidAmt01978176
IRS990/PYTotalExpensesAmt02739357
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02678901
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-103434
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt02381672
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0202350
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0140766
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0248739
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0225837
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0180070
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0153324
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0157033
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0965003
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt011384
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt09862
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt019124
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt08608
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt06134
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt055112
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt012739195
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.94600
IRS990ScheduleA/PublicSupportPY170Pct00.93940
IRS990ScheduleA/PublicSupportTotal170Amt0965003
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0248739
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0225837
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0180070
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0153324
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0157033
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0965003
IRS990ScheduleA/TotalSupportAmt01020115
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0738057
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0667111
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01405168
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt02500
IRS990ScheduleD/DonatedServicesUseFcltsAmt02500
IRS990ScheduleD/EquipmentGrp/BookValueAmt041136
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0667523
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0708659
IRS990ScheduleD/ExpensesNotReportedAmt02500
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02745229
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0226309
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0226309
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt01059
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt067764
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt068823
IRS990ScheduleD/NetUnrealizedGainsInvstAmt031929
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0795754
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt125410
IRS990ScheduleD/OtherSecuritiesGrp/Desc0POOLED INVESTMENT FUND
IRS990ScheduleD/OtherSecuritiesGrp/Desc1MARY P. REESE MEMORIAL FUND
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1F
IRS990ScheduleD/RevenueNotReportedAmt034429
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02641795
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION HAS REVIEWED AND EVALUATED THE RELEVANT TECHNICAL MERITS OF EACH OF ITS TAX POSITIONS IN ACCORDANCE WITH GUIDANCE ESTABLISHED BY THE FINANCIAL ACCOUNTING STANDARDS BOARD AND DETERMINED THERE WERE NO UNCERTAIN TAX POSITIONS THAT WOULD HAVE A MATERIAL IMPACT ON THE FINANCIAL STATEMENTS OF THE ORGANIZATION.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01006561
IRS990ScheduleD/TotalBookValueSecuritiesAmt0821164
IRS990ScheduleD/TotalExpensesPerForm990Amt02745229
IRS990ScheduleD/TotalRevenuePerForm990Amt02641795
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02676224
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02747729
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD ELECTED TO AMEND THE ORGANIZATION'S BYLAWS INVOLVING THE NUMBER OF DIRECTORS REQUIRED AND SETTING TERMS AND TERM LIMITS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE AUDITORS PRESENTED THE FORM 990 TO THE BOARD ON SEPTEMBER 23, 2015 PRIOR TO BEING FILED WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ACCREDITATION STANDARDS FOR WORKSOURCE REQUIRES THAT THE PRESIDENT REVIEW ALL POLICIES AND PROCEDURES ON AN ANNUAL BASIS. ALL DIRECTORS ARE AWARE OF THE POLICY AND REGULARLY DISCLOSE ANY CONFLICTS THAT ARISE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3WORKSOURCE USES SALARY SURVEYS FROM THE CHARLOTTESVILLE REGIONAL CHAMBER OF COMMERCE, THE CENTER FOR NONPROFIT EXCELLENCE AND OTHER ORGANIZATIONS TO BENCHMARK CERTAIN POSITIONS. IT ALSO COMPILES SALARY INFORMATION FROM OTHER ORGANIZATIONS 990S.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION'S FORM 1023 AND 990 ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ALL OF THESE ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THERE HAS BEEN NO CHANGE IN THE APPROVAL PROCESS FOR THE AUDITED FINANCIAL STATEMENTS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XII, LINE 2C
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0VA

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$6.02$0.31$5.71$2.26$2.22$0.04
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.90$0.07$5.83$2.24$2.17$0.08
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.00$0.07$2.93$2.26$1.84$0.42
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.44$0.07$2.36$2.18$1.68$0.50
2021Detailed filing. Detailed filing data is available for this year.$2.87$0.68$2.19$1.62$1.59$0.03
2020Detailed filing. Detailed filing data is available for this year.$2.23$0.39$1.84$1.78$1.97$0.19
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.07$0.08$1.98$2.00$1.99$0.01
2018Detailed filing. Detailed filing data is available for this year.$2.01$0.08$1.92$2.43$2.39$0.04
2017Detailed filing. Detailed filing data is available for this year.$1.93$0.12$1.81$2.40$2.50$0.10
2016Detailed filing. Detailed filing data is available for this year.$2.03$0.18$1.85$2.48$2.55$0.08
2015Detailed filing. Detailed filing data is available for this year.$2.19$0.22$1.97$2.64$2.75$0.10
2014Summary only. Only limited summary data is available for this year.$2.29$0.25$2.04$2.68$2.74$0.06
2013Summary only. Only limited summary data is available for this year.$2.30$0.29$2.01$2.77$2.72$0.05
2012Summary only. Only limited summary data is available for this year.$2.23$0.34$1.89$2.79$2.73$0.06
2011Summary only. Only limited summary data is available for this year.$2.24$0.39$1.84$2.85$2.87$0.02