Southwest Alabama Partnership For Training And Employment Inc
- Assets
- $2.8m
- Revenue
- $12.2m
- Investments
- $0.0
- Employees
- 17
- Location
- Mobile, AL
- Founding
- 05/2003
- Data as of
- 06/2021
- EIN
- 63-1250401
Organization Overview
Southwest Alabama Partnership For Training And Employment Inc is located in Mobile, AL. The organization was established in 2003. According to its NTEE Classification (J20) the organization is classified as: Employment Preparation & Procurement, under the broad grouping of Employment and related organizations. As of 06/2021, Southwest Alabama Partnership For Training And Employment Inc employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southwest Alabama Partnership For Training And Employment Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Southwest Alabama Partnership For Training And Employment Inc generated $12.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 21.3% each year . All expenses for the organization totaled $11.5m during the year ending 06/2021. While expenses have increased by 20.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ENSURE COMPETITIVE ADVANTAGES FOR EMPLOYERS THROUGH QUALITY PEOPLE AND FOR PEOPLE THROUGH QUALITY
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADULT PROGRAM - PROVIDED ADULTS WITH CAREER DEVELOPMENT ASSISTANCE LED BY INDIVIDUAL CASE MANAGERS. PROVIDED ACCESS TO NUMEROUS PROGRAMS ENABLING RECEPTION OF EDUCATION OR CUSTOMIZED TRAINING.
YOUTH PROGRAM - PROVIDED A COMMUNITY BASE SYSTEM FOR YOUTH PARTICIPANTS TO ENHANCE ACADEMIC ACHIEVEMENT, DEVELOPMENT LEADERSHIP AND CIVIC RESPONSIBILITY, AND PROVIDED ACCESS TO EDUCATION AND TRAINING TO FOSTER CAREER SUCCESS IN THE FUTURE.
DISLOCATED WORKER - PROVIDED SERVICES THAT FOCUS ON PREPARING INDIVIDUALS TO FIND A SUITABLE NEW JOB IF THE INDIVIDUAL HAS BEEN LAID OFF OR NOTIFIED THAT A LAYOFF IS COMING THROUGH NO FAULT OF THE INDIVIDUAL.
MOBILE COUNTY SUMMER INTERN PROGRAM
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Merceria Ludgood President | OfficerTrustee | 0.5 | $0 |
Ola Anise Treasurer | OfficerTrustee | 0.5 | $0 |
Michael Hare Chairman | OfficerTrustee | 0.5 | $0 |
Clinton Johnson Vice Chair | OfficerTrustee | 0.5 | $0 |
Virginia Guy Secretary | OfficerTrustee | 0.5 | $0 |
Adam Boykin Member | Trustee | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Reid State Technical College Training | 6/29/21 | $456,334 |
State Of Al Dept Of Labor Training | 6/29/21 | $1,695,052 |
Coastal Al Community College Training | 6/29/21 | $1,289,562 |
Bishop State Community College Training | 6/29/21 | $904,285 |
Dynamic Educational Sys Inc Training | 6/29/21 | $717,039 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,222,168 |
| Investment income | $107 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,222,275 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $819,684 |
| Pension plan accruals and contributions | $39,926 |
| Other employee benefits | $207,278 |
| Payroll taxes | $62,101 |
| Fees for services: Management | $39,671 |
| Fees for services: Legal | $12,273 |
| Fees for services: Accounting | $17,550 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $59,002 |
| Office expenses | $27,504 |
| Information technology | $50,009 |
| Royalties | $0 |
| Occupancy | $91,852 |
| Travel | $3,067 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $300 |
| Conferences, conventions, and meetings | $1,219 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,212 |
| Insurance | $18,667 |
| All other expenses | $0 |
| Total functional expenses | $11,472,094 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,527,900 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,212,005 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,770,516 |
| Accounts payable and accrued expenses | $2,238,815 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,238,815 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $531,701 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Youth Co-Op Inc Miami, FL | $32,387,947 | $28,658,578 |
First Coast Workforce Development Inc Fleming Island, FL | $3,324,303 | $15,945,752 |
Careersource Palm Beach County Inc West Palm Beach, FL | $2,317,114 | $14,436,935 |
Careersource Florida Inc Tallahassee, FL | $11,274,205 | $13,537,394 |
Southeast Community Capital Corporation Nashville, TN | $264,396,878 | $22,555,455 |
Southwest Alabama Partnership For Training And Employment Inc Mobile, AL | $2,770,516 | $12,222,275 |
Tech Alabama Birmingham, AL | $26,385,584 | $28,965,281 |
Northern Middle Tennessee Local Workforce Development Board Inc Clarksville, TN | $2,905,431 | $10,764,896 |
Southwest Florida Workforce Development Board Inc Fort Myers, FL | $6,992,908 | $10,165,135 |
Workforce Essentials Inc Clarksville, TN | $30,139,027 | $9,106,360 |
Worknet Pinellas Inc Clearwater, FL | $1,995,144 | $7,597,320 |
Employu Inc Casselberry, FL | $5,383,927 | $11,177,844 |