Civic Intelligence

Chipola Regional Workforce Development

EIN 59-3384516 • 501(c)3 • Marianna, FL

Profile

To provide for the involvement of the business community, including small businesses, minority business enterprises, labor and community based organizations in the employment and training activities of the workforce innovation and opportunity act; to increase employment opportunities for economically disadvantaged persons; and to serve as the business and industry contact point in the local employment and training system by presenting the private sector's views and recommendations for making programs more responsive to local employment needs.

4636 Highway 90 KMarianna, FL 32446-3508

www.careersourcechipola.com

Siviq Scores

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

Liabilities / Assets

85th percentile

0.57x

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

76th percentile

0.37x

Higher debt load relative to revenue than 76% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

58th percentile

8.8%

Higher net margin than 58% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

39th percentile

0.4%

Faster asset growth than 39% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

34th percentile

-0.7%

Faster revenue growth than 34% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$1,422,060

Up $6,078 (+0.4%) from 2023

Liabilities

Down

$806,517

Down $185,476 (-19%) from 2023

Net Assets

Up

$615,543

Up $191,554 (+45%) from 2023

Revenue

Down

$2,183,615

Down $15,262 (-0.7%) from 2023

Expenses

Down

$1,992,061

Down $303,112 (-13%) from 2023

Net Income

Up

$191,554

Up $287,850 (+299%) from 2023

Trend Graphs

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2010: $1,318,032Liabilities 2010: $1,054,518Net Assets 2010: $263,5142010Assets 2011: $676,645Liabilities 2011: $395,511Net Assets 2011: $281,1342011Assets 2012: $678,848Liabilities 2012: $404,673Net Assets 2012: $274,1752012Assets 2013: $611,874Liabilities 2013: $334,637Net Assets 2013: $277,2372013Assets 2014: $775,608Liabilities 2014: $507,344Net Assets 2014: $268,2642014Assets 2015: $673,184Liabilities 2015: $388,054Net Assets 2015: $285,1302015Assets 2016: $798,481Liabilities 2016: $480,200Net Assets 2016: $318,2812016Assets 2017: $727,858Liabilities 2017: $405,400Net Assets 2017: $322,4582017Assets 2018: $688,022Liabilities 2018: $341,559Net Assets 2018: $346,4632018Assets 2019: $1,442,697Liabilities 2019: $888,951Net Assets 2019: $553,7462019Assets 2020: $1,232,200Liabilities 2020: $607,293Net Assets 2020: $624,9072020Assets 2021: $1,361,644Liabilities 2021: $758,136Net Assets 2021: $603,5082021Assets 2022: $1,538,631Liabilities 2022: $1,018,346Net Assets 2022: $520,2852022Assets 2023: $1,415,982Liabilities 2023: $991,993Net Assets 2023: $423,9892023Assets 2024: $1,422,060Liabilities 2024: $806,517Net Assets 2024: $615,5432024

Highlighted filing

2024

Assets$1,422,060
Liabilities$806,517
Net Assets$615,543

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $3,146,1572010Expenses 2011: $3,433,9282011Revenue 2012: $2,053,827Expenses 2012: $2,060,786Net Income 2012: -$6,9592012Expenses 2013: $2,033,9092013Revenue 2014: $2,130,358Expenses 2014: $2,139,331Net Income 2014: -$8,9732014Revenue 2015: $2,115,252Expenses 2015: $2,098,386Net Income 2015: $16,8662015Revenue 2016: $2,131,536Expenses 2016: $2,098,385Net Income 2016: $33,1512016Revenue 2017: $2,157,898Expenses 2017: $2,153,721Net Income 2017: $4,1772017Revenue 2018: $2,127,250Expenses 2018: $2,103,245Net Income 2018: $24,0052018Revenue 2019: $5,006,884Expenses 2019: $4,799,601Net Income 2019: $207,2832019Revenue 2020: $5,745,291Expenses 2020: $5,674,130Net Income 2020: $71,1612020Revenue 2021: $4,688,659Expenses 2021: $4,710,058Net Income 2021: -$21,3992021Revenue 2022: $2,990,983Expenses 2022: $3,074,206Net Income 2022: -$83,2232022Revenue 2023: $2,198,877Expenses 2023: $2,295,173Net Income 2023: -$96,2962023Revenue 2024: $2,183,615Expenses 2024: $1,992,061Net Income 2024: $191,5542024

Highlighted filing

2024

Revenue$2,183,615
Expenses$1,992,061
Net Income$191,554

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.42$0.81$0.62$2.18$1.99$0.19
2023Detailed filing. Detailed filing data is available for this year.$1.42$0.99$0.42$2.20$2.30$0.10
2022Detailed filing. Detailed filing data is available for this year.$1.54$1.02$0.52$2.99$3.07$0.08
2021Detailed filing. Detailed filing data is available for this year.$1.36$0.76$0.60$4.69$4.71$0.02
2020Summary only. Only limited summary data is available for this year.$1.23$0.61$0.62$5.75$5.67$0.07
2019Detailed filing. Detailed filing data is available for this year.$1.44$0.89$0.55$5.01$4.80$0.21
2018Detailed filing. Detailed filing data is available for this year.$0.69$0.34$0.35$2.13$2.10$0.02
2017Detailed filing. Detailed filing data is available for this year.$0.73$0.41$0.32$2.16$2.15$0.00
2016Detailed filing. Detailed filing data is available for this year.$0.80$0.48$0.32$2.13$2.10$0.03
2015Detailed filing. Detailed filing data is available for this year.$0.67$0.39$0.29$2.12$2.10$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.78$0.51$0.27$2.13$2.14$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.61$0.33$0.28$2.03
2012Summary only. Only limited summary data is available for this year.$0.68$0.40$0.27$2.05$2.06$0.01
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.68$0.40$0.28$3.43
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.32$1.05$0.26$3.15
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 12, 2025
Return Version
2023v6.0
Gross Receipts
$2,183,615
Mission and Program Overview

Mission

To provide for the involvement of the business community, including small businesses, minority business enterprises, labor and community based organizations in the employment and training activities of the workforce investment act; to increase employment opportunities for economically disadvantaged persons; and to serve as the business and industry contact point in the local employment and training system by presenting the private sector's views and recommendations for making programs more responsive to local employment needs.

To provide for the involvement of the business community, including small businesses, minority business enterprises, labor and community based organizations in the employment and training activities of the workforce innovation and opportunity act - wioa; to increase employment opportunities for economically disadvantaged persons; and to serve as the business and industry contact point in the local employment and training system by presenting the private sector's views and recommendations for making programs more responsive to local employment needs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$417,668$633,348▲ $215,680
Cash and Non-Interest-Bearing Accounts$335,973$393,169▲ $57,196
Savings and Temporary Cash Investments$322,647$354,822▲ $32,175
Pledges and Grants Receivable$306,554$349,599▲ $43,045
Intangible Assets$420,168$315,126▼ $105,042
Land, Buildings, and Equipment, Net$26,890$6,519▼ $20,371
Prepaid Expenses and Deferred Charges$3,750$2,825▼ $925
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$6,321$-17,805▼ $24,126
Total Assets$1,415,982$1,422,060▲ $6,078
Liabilities
Accounts Payable and Accrued Expenses$405,424$413,941▲ $8,517
Other Liabilities$440,737$339,450▼ $101,287
Deferred Revenue$145,832$53,126▼ $92,706
Total Liabilities$991,993$806,517▼ $185,476
Net Assets / Fund Balance
Total Net Assets Fund Balance$423,989$615,543▲ $191,554
Total Liabilities and Net Assets / Fund Balance$1,415,982$1,422,060▲ $6,078

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$6,519$200,255$206,774
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Richard WilliamsExecutive DirectorFT$89,194$35,388$124,582
Sara JohnsonFinance DirectorFT$76,921$30,696$107,617

Board Members and Trustees

NameTitle
Debbie KolmetzChair
David CorbinVice Chair
Al BryantBoard Member
Bryan LeeBoard Member
Donnie ReadBoard Member
Dr David BouvinBoard Member
Dr Sarah ClemmonsBoard Member
Janice SumnerBoard Member
Johnny EubanksBoard Member
Jonathan FuquaBoard Member
Justin StephensBoard Member
Keith SuttonBoard Member
Kevin BuchananBoard Member
Kyle PeddieBoard Member
Mary MckenzieBoard Member
Penny BryanBoard Member
Raymond RussellBoard Member
Sandy SpearBoard Member
Tracy AndrewsBoard Member
Vinita YonBoard Member
Kyle CoatesBoard Members
Travis EphriamSecretary/treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Chipola Land DevelopmentRentPO BOX 1564, Marianna, FL 32446$123,000
Valid Co Chase Bank Of TexasFinancial ServicesC/O JP MORGAN CHASE PO BOX 301104, Dallas, TX 75303-1104$102,895
Revenue and Support

Revenue Composition

Contributions and Grants
$2,158,319
Program Service Revenue
$0
Investment Income
$17,746
Other Revenue
$7,550
Change in Net Assets
$191,554

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,183,615
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$2,183,615
Total Revenue per Form 990
$2,183,615
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$945,099
Salaries, Compensation, and Employee Benefits$918,223
Grants and Similar Amounts Paid$128,739
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$444,329--$444,329
Current Officers, Directors, Trustees, and Key Employees$132,397$121,518-$253,915
Depreciation Depletion$112,872$12,541-$125,413
Grants to Domestic Individuals$119,369--$119,369
Other Employee Benefits$116,193--$116,193
Information Technology$104,278$11,588-$115,866
Office Expenses$85,593$9,510-$95,103
Occupancy$79,098$8,789-$87,887
Pension Plan Contributions$54,109--$54,109
Payroll Taxes$42,885$6,792-$49,677
Fees for Services Accounting-$29,750-$29,750
Travel$24,920$2,769-$27,689
Insurance$17,566$1,952-$19,518
Grants to Domestic Orgs$9,370--$9,370
Other Expenses$6,233$693-$6,926
Advertising$2,210$246-$2,456
Total Functional Expenses$1,784,496$207,565$0$1,992,061

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,992,061
Total Expenses per Audited Statements$1,992,061
Total Expenses per Form 990$1,992,061
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Jackson County School BoardMarianna, FL115Teen Pregnancy Prevention$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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liability$339,450
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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 A, Line 1A

The executive committee shall have authority to exercise the functions of the board of directors during the interim between meetings of the board of directors. All actions taken by the executive committee shall be subject to the approval, confirmation, or ratification by the board of directors.

Form 990, Part VI, Section A, Line 2

Board chair, debbie kolmetz and board member, janice sumner have a family relationship.

Form 990, Part VI, Section A, Line 6

Each of the 5 counties (calhoun, holmes, jackson, liberty, and washington) in the local area will have 3 private sector members which shall be representatives of business in the local area in accordance with sec. 107(b)(2)(a), and which shall represent a majority of the members on the board. Private sectors shall be appointed by each of the 5 county's board of commissioners. At large members are nominated by the agency they represent, must meet requirements set forth by the board and are subject to final approval of the chipola regional workforce development consortium.

Form 990, Part VI, Section A, Line 7A

Private sector members of the board of directors shall be selected from among individuals nominated by the chamber of commerce in the county they are to represent and approved by that county's board of county commissioners. At large appointments to the board must be approved by a majority vote of the consortium and must be in accordance with the workforce innovation and opportunity act law sec. 107(b-e).

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

A copy of the form 990 is not provided to the organization's governing body before it is filed. However, the executive director reviews the form 990 before filing.

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

Board members with conflicts are required to fill out a form when a conflict exists and these forms are filed with the minutes of the meeting where the conflict occurred. The conflict is also recorded in the minutes of the meeting.

Form 990, Part VI, Section B, Line 15

The board of directors establishes the compensation amounts for all crwdb employees. Neither the executive director nor any other employees of the crwdb establish pay rates for the executive director or other key employees. In establishing compensation rates, or adjustments to those rates, the board uses a combination of information they bring to the discussion as well as information requested for consideration. Board members have used knowledge of the regional labor market, information from their own organizations, as well as information related to the current performance of the organization to determine compensation and/or compensation adjustments.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Chipola Regional Workforce Development
EIN
59-3384516
Phone
8506334417
Address
4636 HIGHWAY 90 K, MARIANNA, FL 32446-3508
Doing Business As
Careersource Chipola

Signing Officer

Name
Richard Williams
Title
Executive Director
Phone
8506334417
Signed
2025-05-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Richard Williams
Formed
1996
Legal Domicile
Fl
Voting Board Members
22
Independent Board Members
22
Employees
12
Volunteers
21

Preparer

Firm
James Moore & Copl
Address
121 EXECUTIVE CIRCLE, DAYTONA BEACH, FL 32114-1180
Preparer
James a Halleran
Phone
3862574100
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

Management of careersource chipola considers the likelihood of changes by taxing authorities in its filed income tax returns and recognizes a liability for or discloses potential significant changes that management believes are more likely than not to occur, including changes to careersource chipola's status as a not-for-profit entity. Management believes careersource chipola met the requirements to maintain its tax-exempt status and has no income subject to unrelated business income tax, therefore no provision for income taxes has been provided in these financial statements. Careersource chipola's income tax returns for the past three years are subject to examination by tax authorities, and may change upon examination.

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IRS990/ActivityOrMissionDesc0TO PROVIDE FOR THE INVOLVEMENT OF THE BUSINESS COMMUNITY, INCLUDING SMALL BUSINESSES, MINORITY BUSINESS ENTERPRISES, LABOR AND COMMUNITY BASED ORGANIZATIONS IN THE EMPLOYMENT AND TRAINING ACTIVITIES OF THE WORKFORCE INNOVATION AND OPPORTUNITY ACT - WIOA; TO INCREASE EMPLOYMENT OPPORTUNITIES FOR ECONOMICALLY DISADVANTAGED PERSONS; AND TO SERVE AS THE BUSINESS AND INDUSTRY CONTACT POINT IN THE LOCAL EMPLOYMENT AND TRAINING SYSTEM BY PRESENTING THE PRIVATE SECTOR'S VIEWS AND RECOMMENDATIONS FOR MAKING PROGRAMS MORE RESPONSIVE TO LOCAL EMPLOYMENT NEEDS.
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt180
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt190
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt200
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt210
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2335388
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IRS990/Form990PartVIISectionAGrp/PersonNm1DAVID CORBIN
IRS990/Form990PartVIISectionAGrp/PersonNm2TRAVIS EPHRIAM
IRS990/Form990PartVIISectionAGrp/PersonNm3TRACY ANDREWS
IRS990/Form990PartVIISectionAGrp/PersonNm4DR DAVID BOUVIN
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IRS990/Form990PartVIISectionAGrp/PersonNm8DR SARAH CLEMMONS
IRS990/Form990PartVIISectionAGrp/PersonNm9KYLE COATES
IRS990/Form990PartVIISectionAGrp/PersonNm10JOHNNY EUBANKS
IRS990/Form990PartVIISectionAGrp/PersonNm11JONATHAN FUQUA
IRS990/Form990PartVIISectionAGrp/PersonNm12MARY MCKENZIE
IRS990/Form990PartVIISectionAGrp/PersonNm13BRYAN LEE
IRS990/Form990PartVIISectionAGrp/PersonNm14KYLE PEDDIE
IRS990/Form990PartVIISectionAGrp/PersonNm15DONNIE READ
IRS990/Form990PartVIISectionAGrp/PersonNm16RAYMOND RUSSELL
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IRS990/Form990PartVIISectionAGrp/PersonNm18JUSTIN STEPHENS
IRS990/Form990PartVIISectionAGrp/PersonNm19JANICE SUMNER
IRS990/Form990PartVIISectionAGrp/PersonNm20KEITH SUTTON
IRS990/Form990PartVIISectionAGrp/PersonNm21VINITA YON
IRS990/Form990PartVIISectionAGrp/PersonNm22SARA JOHNSON
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
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IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBERS
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt15BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt16BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt17BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt18BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt19BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt20BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt21BOARD MEMBER
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IRS990/MissionDesc0TO PROVIDE FOR THE INVOLVEMENT OF THE BUSINESS COMMUNITY, INCLUDING SMALL BUSINESSES, MINORITY BUSINESS ENTERPRISES, LABOR AND COMMUNITY BASED ORGANIZATIONS IN THE EMPLOYMENT AND TRAINING ACTIVITIES OF THE WORKFORCE INNOVATION AND OPPORTUNITY ACT; TO INCREASE EMPLOYMENT OPPORTUNITIES FOR ECONOMICALLY DISADVANTAGED PERSONS; AND TO SERVE AS THE BUSINESS AND INDUSTRY CONTACT POINT IN THE LOCAL EMPLOYMENT AND TRAINING SYSTEM BY PRESENTING THE PRIVATE SECTOR'S VIEWS AND RECOMMENDATIONS FOR MAKING PROGRAMS MORE RESPONSIVE TO LOCAL EMPLOYMENT NEEDS.
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