Civic Intelligence

Peninsula Council for Workforce

EIN 54-1901143 • 501(c)6 • Newport News, VA

Profile

To foster and promote growth of the virginia peninsula.

11820 Fountain Way No 301Newport News, VA 23606

www.pcfwd.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2018

Liabilities / Revenue

26th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)6 • $500k-$1M nonprofits • Source year 2018

Net Margin

27th percentile

-4.0%

Higher net margin than 27% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)6 • $500k-$1M nonprofits • Source year 2018

Asset Growth

2nd percentile

-100%

Faster asset growth than 2% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Annualized from 2016 to 2018

Revenue Growth

33rd percentile

-1.4%

Faster revenue growth than 33% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Annualized from 2016 to 2018

Assets

Down

$0

Down $59,519 (-100%) from 2016

Liabilities

Down

$0

Down $61,481 (-100%) from 2016

Net Assets

Up

$0

Up $1,962 (+100%) from 2016

Revenue

Down

$608,139

Down $16,937 (-2.7%) from 2016

Expenses

Down

$632,434

Down $68,822 (-9.8%) from 2016

Net Income

Up

-$24,295

Up $51,885 (+68%) from 2016

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300K$200K$100K$0-$100KAssets 2011: $221,439Liabilities 2011: $44,079Net Assets 2011: $177,3602011Assets 2012: $213,255Liabilities 2012: $49,276Net Assets 2012: $163,9792012Assets 2013: $197,909Liabilities 2013: $33,846Net Assets 2013: $164,0632013Assets 2014: $177,791Liabilities 2014: $41,608Net Assets 2014: $136,1832014Assets 2015: $127,917Liabilities 2015: $53,699Net Assets 2015: $74,2182015Assets 2016: $59,519Liabilities 2016: $61,481Net Assets 2016: -$1,9622016Assets 2018: $0Liabilities 2018: $0Net Assets 2018: $02018

Highlighted filing

2018

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500KExpenses 2011: $781,8472011Expenses 2012: $782,6702012Expenses 2013: $828,7422013Revenue 2014: $829,687Expenses 2014: $857,567Net Income 2014: -$27,8802014Revenue 2015: $731,441Expenses 2015: $793,406Net Income 2015: -$61,9652015Revenue 2016: $625,076Expenses 2016: $701,256Net Income 2016: -$76,1802016Revenue 2018: $608,139Expenses 2018: $632,434Net Income 2018: -$24,2952018

Highlighted filing

2018

Revenue$608,139
Expenses$632,434
Net Income-$24,295

Filings

Latest Detailed Filing

The latest 2018 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2016 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
May 9, 2017
Return Version
2015v3.0
Gross Receipts
$625,076
Mission and Program Overview

Mission

Pcwd is a nonprofit organization whose purpose is to initiate, facilitatte

To provide human capital solutions through creative funding strategies and partnerships that keep the region globally competitive and economically strong.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$45,843$20,299▼ $25,544
Accounts Receivable-$15,185-
Savings and Temporary Cash Investments$67,698$14,094▼ $53,604
Land, Buildings, and Equipment, Net$14,376$9,941▼ $4,435
Total Assets$127,917$59,519▼ $68,398
Liabilities
Accounts Payable and Accrued Expenses$53,699$61,481▲ $7,782
Total Liabilities$53,699$61,481▲ $7,782
Net Assets / Fund Balance
Unrestricted Net Assets$74,218$-1,962▼ $76,180
Total Net Assets Fund Balance$74,218$-1,962▼ $76,180
Total Liabilities and Net Assets / Fund Balance$127,917$59,519▼ $68,398

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$0$115,583$115,583
Equipment$9,214$54,472$63,686
Leasehold Improvements$727$16,863$17,590
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Matthew JamesPresident/CEOFT$138,148$8,233$146,381

Board Members and Trustees

NameTitle
John OlsonChair
Mark StefanickVice Chair
Benny ZhangDirector
Dale StoneDirector
Everett JordanDirector
Greg GarrettDirector
Herbert R Green JrDirector
James GrayDirector
John T DeverDirector
Rhonda BunnDirector
Robert J OrthDirector
Robert P FleishauerDirector
Robin NelhuebelDirector
Sheila NollDirector
Sue SadlerDirector
Tina VickDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$378,818
Program Service Revenue
$246,258
Investment Income
$0
Other Revenue
$0
All Other Contributions
$67,792
Change in Net Assets
$-76,180

Audited Revenue Reconciliation

Revenue per Audited Statements
$622,701
Revenue Not Reported on Financial Statements
$2,375
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$2,375
Total Revenue per Audited Statements
$622,701
Total Revenue per Form 990
$625,076
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$375,196
Salaries, Compensation, and Employee Benefits$326,060
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$176,747--$176,747
Current Officers, Directors, Trustees, and Key Employees$148,460--$148,460
Other Salaries and Wages$118,300--$118,300
Office Expenses$42,894--$42,894
Other Employee Benefits$32,801--$32,801
Payroll Taxes$19,542--$19,542
Fees for Services Legal$10,134--$10,134
Pension Plan Contributions$6,957--$6,957
Fees for Services Accounting$6,607--$6,607
Other Expenses$5,266--$5,266
Insurance$5,044--$5,044
Depreciation Depletion$4,435--$4,435
Conferences and Meetings$3,351--$3,351
Travel$2,731--$2,731
Advertising$864--$864
Total Functional Expenses$701,256$0$0$701,256

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$701,506
Expenses per Audited Statements$701,256
Total Expenses per Form 990$701,256
Expenses Not Reported on Form 990$250
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
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
Yes
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
No
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

The board of trustees is presented with a copy for review prior to the having the board president sign the return. Any questions that are raised are discussed with the cpa prior to signing the return.

Form 990, Part VI, Section B, Line 15

Salaries for these positions were determined by comparing similar institutions' compensation for these positions and were approved by the board of trustees. An annual review for all positions by the board of trustees provides for the opportunity for any salary adjustments.

Form 990, Part VI, Section C, Line 19

The council provides guidestar.org with a copy of the 990. Governing documents and financial statements in the form of an annual report are provided to the public on request. The council does not have a written conflict of interest policy; however each board member is required to read and sign the personnel policies pertaining to outside employment when they are elected to the board.

Filing and Contact Details

Filer

Filer Name
Peninsula Council for Workforce
EIN
54-1901143
Phone
7578263327
Address
11820 FOUNTAIN WAY NO 301, NEWPORT NEWS, VA 23606

Signing Officer

Name
Matthew James
Title
President/CEO
Phone
7578263327
Signed
2017-05-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr John Olson
Formed
2003
Legal Domicile
Va
Voting Board Members
16
Independent Board Members
16
Employees
6
Volunteers
0

Preparer

Firm
Dixon Hughes Goodman Llp
Address
701 TOWN CENTER DRIVE SUITE 700, NEWPORT NEWS, VA 23606-4295
Preparer
Hugh Barlow
Phone
7578731033
Supplemental Narrative

Additional Explanations

Part XII, Line 2C

No changes were made to the organization's oversight process or selection process during the tax year.

Financial Statement Notes

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Gpwdc expenses net of revenue 2,375.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Gpwdc annual registration fees 150. Gpwdc legal fees 100.

Raw XML AppendixShowing 400 of 455 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ProgramServiceRevenueGrp/Desc0REIMBURSEMENT INCOME
IRS990/ProgramServiceRevenueGrp/Desc1FEES FOR SERVICE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0222350
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt123908
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0222350
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt123908
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0425976
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt018
IRS990/PYOtherExpensesAmt0408574
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0305447
IRS990/PYRevenuesLessExpensesAmt0-61965
IRS990/PYSalariesCompEmpBnftPaidAmt0384832
IRS990/PYTotalExpensesAmt0793406
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0731441
IRS990/ReconcilationRevenueExpnssAmt0-76180
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt067698
IRS990/SavingsAndTempCashInvstGrp/EOYAmt014094
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/EquipmentGrp/BookValueAmt09214
IRS990ScheduleD/EquipmentGrp/DepreciationAmt054472
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt063686
IRS990ScheduleD/ExpensesNotReportedAmt0250
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0701256
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0727
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt016863
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt017590
IRS990ScheduleD/OtherExpensesIncludedAmt0250
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0115583
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0115583
IRS990ScheduleD/OtherRevenuesNotIncludedAmt02375
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt02375
IRS990ScheduleD/RevenueSubtotalAmt0622701
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0GPWDC EXPENSES NET OF REVENUE 2,375.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1GPWDC ANNUAL REGISTRATION FEES 150. GPWDC LEGAL FEES 100.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt09941
IRS990ScheduleD/TotalExpensesPerForm990Amt0701256
IRS990ScheduleD/TotalRevenuePerForm990Amt0625076
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0622701
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0701506
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF TRUSTEES IS PRESENTED WITH A COPY FOR REVIEW PRIOR TO THE HAVING THE BOARD PRESIDENT SIGN THE RETURN. ANY QUESTIONS THAT ARE RAISED ARE DISCUSSED WITH THE CPA PRIOR TO SIGNING THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1SALARIES FOR THESE POSITIONS WERE DETERMINED BY COMPARING SIMILAR INSTITUTIONS' COMPENSATION FOR THESE POSITIONS AND WERE APPROVED BY THE BOARD OF TRUSTEES. AN ANNUAL REVIEW FOR ALL POSITIONS BY THE BOARD OF TRUSTEES PROVIDES FOR THE OPPORTUNITY FOR ANY SALARY ADJUSTMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE COUNCIL PROVIDES GUIDESTAR.ORG WITH A COPY OF THE 990. GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS IN THE FORM OF AN ANNUAL REPORT ARE PROVIDED TO THE PUBLIC ON REQUEST. THE COUNCIL DOES NOT HAVE A WRITTEN CONFLICT OF INTEREST POLICY; HOWEVER EACH BOARD MEMBER IS REQUIRED TO READ AND SIGN THE PERSONNEL POLICIES PERTAINING TO OUTSIDE EMPLOYMENT WHEN THEY ARE ELECTED TO THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO CHANGES WERE MADE TO THE ORGANIZATION'S OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3PART XII, LINE 2C
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0GREATER PENINSULA WORKFORCE DEVELOPMENT CONSORTIUM
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0263109440
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0VA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0TO CONDUCT WORKFORCE DEVELOPMENT, TRAINING AND ASSISTANCE PROGRAMS.
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0170(B)(1)(A)(VI)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt011820 FOUNTAIN WAY SUITE 301
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0NEWPORT NEWS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0VA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd023606
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd01
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0127917
IRS990/TotalAssetsEOYAmt059519
IRS990/TotalAssetsGrp/BOYAmt0127917
IRS990/TotalAssetsGrp/EOYAmt059519
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0378818
IRS990/TotalEmployeeCnt06
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0701256
IRS990/TotalFunctionalExpensesGrp/TotalAmt0701256
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt053699
IRS990/TotalLiabilitiesEOYAmt061481
IRS990/TotalLiabilitiesGrp/BOYAmt053699
IRS990/TotalLiabilitiesGrp/EOYAmt061481
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt074218
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-1962

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