Worknet Pinellas Inc
- Assets
- $2.0m
- Revenue
- $7.6m
- Investments
- $0.0
- Employees
- 62
- Location
- Clearwater, FL
- Founding
- 02/2004
- Data as of
- 06/2022
- EIN
- 73-1678180
Organization Overview
Worknet Pinellas Inc, operating under the name Careersource Pinellas Science Center And Science And Technology Education Innovation Center, is located in Clearwater, FL. The organization was established in 2004. 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 06/2022, Careersource Pinellas Science Center And Science And Technology Education Innovation Center employed 62 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Careersource Pinellas Science Center And Science And Technology Education Innovation Center 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 06/2022, Careersource Pinellas Science Center And Science And Technology Education Innovation Center generated $7.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.5%) each year. All expenses for the organization totaled $9.5m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (6.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Careersource Pinellas Science Center And Science And Technology Education Innovation Center has awarded 52 individual grants totaling $13,975,980. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO BUILD THE TALENT PIPELINE FOR TODAY & THE FUTURE BY PROVIDING EASY ACCESS TO WORKFORCE SOLUTIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WORKFORCE INNOVATION AND OPPORTUNITY ACT - THE PURPOSE OF THE PROGRAM IS TO BUILD A SKILLED WORKFORCE THAT EMPLOYERS NEED. THIS PROGRAM IS DESIGNED TO PROVIDE TRAINING OPPORTUNITIES IN HIGH DEMAND OCCUPATIONS TO INCREASE EMPLOYMENT, RETENTION AND EARNINGS OF WIOA PROGRAM PARTICIPANTS.
TEMPORARY ASSISTANCE FOR NEEDY FAMILIES - THE PURPOSE OF THE TEMPORARY ASSISTANCE FOR NEEDY FAMILIES (TANF) PROGRAM IS TO PROVIDE TEMPORARY FINANCIAL HELP TO ELIGIBLE LOW-INCOME FAMILIES. THE PROGRAM IS DESIGNED TO END DEPENDENCE BY NEEDY PARENTS ON GOVERNMENT BENEFITS BY PROMOTING TRAINING, JOB PREPARATION AND WORK.
EMPLOYMENT SERVICE CLUSTER - THE PURPOSE OF THE PROGRAM IS TO IMPROVE THE FUNCTIONING OF THE NATION'S LABOR MARKETS BY BRINGING TOGETHER INDIVIDUALS SEEKING EMPLOYMENT WITH EMPLOYERS SEEKING WORKERS. THE SERVICES PROVIDED THROUGH WAGNER PEYSER ARE JOB SEARCH ASSISTANCE, RECRUITING ASSISTANCE FOR EMPLOYERS, MATCHING SERVICES FOR JOB SEEKERS AND EMPLOYERS AND WORK TEST REQUIREMENTS ASSISTANCE FOR UNEMPLOYMENT COMPENSATION CLAIMANTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Brackney CEO (until 2/11/22) | Officer | 50 | $224,977 |
Steven Meier Interim CEO & CFO | Officer | 50 | $151,958 |
Comm Rene Flowers Vice-Chair | OfficerTrustee | 2 | $0 |
Rebecca Sarlo Treasurer | OfficerTrustee | 2 | $0 |
Jack Geller Past Chair | OfficerTrustee | 1 | $0 |
Michael Logal Chair-Elect (until Q2 2022) | OfficerTrustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
St Petersburg College Training Provider | 6/29/22 | $162,914 |
New Horizon Computer Learning Center Training Provider | 6/29/22 | $319,605 |
Complete Technology Solutions It Service Provider | 6/29/22 | $166,001 |
Galen College Of Nursing Training Provider | 6/29/22 | $151,263 |
Gray Robinson Pa Legal Services | 6/29/22 | $143,701 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $7,501,208 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,501,208 |
| Total Program Service Revenue | $83,552 |
| Investment income | $7,772 |
| 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 | $7,597,320 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $452,305 |
| 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. | $334,012 |
| Compensation of current officers, directors, key employees. | $334,012 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,293,794 |
| Pension plan accruals and contributions | $114,144 |
| Other employee benefits | $507,766 |
| Payroll taxes | $239,296 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $147,262 |
| Fees for services: Accounting | $45,943 |
| Fees for services: Lobbying | $35,245 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $134,290 |
| Advertising and promotion | $37,078 |
| Office expenses | $68,618 |
| Information technology | $710,867 |
| Royalties | $0 |
| Occupancy | $377,040 |
| Travel | $20,284 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,680 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $22,769 |
| Insurance | $103,323 |
| All other expenses | $79,511 |
| Total functional expenses | $9,531,291 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,388,669 |
| Savings and temporary cash investments | $178,579 |
| Pledges and grants receivable | $366,644 |
| Accounts receivable, net | $3,025 |
| 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 | $49,373 |
| Net Land, buildings, and equipment | $8,854 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,995,144 |
| Accounts payable and accrued expenses | $633,551 |
| Grants payable | $0 |
| Deferred revenue | $137,014 |
| 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 | $770,565 |
| Net assets without donor restrictions | $1,224,579 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,995,144 |
Grants Awarded
Over the last fiscal year, Worknet Pinellas Inc has awarded $452,305 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Largo, FL PURPOSE: FEDERAL GRANT SUBRECIPIENT EMPLOYMENT TRAINING. | $415,005 |
THE KAISER GROUP (DE) LLC DBA DYNAMIC PURPOSE: FEDERAL GRANT SUBRECIPIENT EMPLOYMENT TRAINING. | $37,300 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Worknet Pinellas Inc has recieved totaling $29,771.
| Awarding Organization | Amount |
|---|---|
Floridamakes Inc Orlando, FL PURPOSE: NIST COOPERATIVE AGREEMENT - TO FACILITATE MEP ACTIVITIES IN ACCORDANCE WITH FLORIDAMAKES MISSION TO ESTABLISH, PROMOTE, MAINTAIN, AND EXPAND A STATEWIDE MEP IDENTITY. | $29,771 |
Endowment Analysis
| Beg. Balance | $9,382 |
| Net Contributions | -$9,382 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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 |
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 |
Southwest Florida Workforce Development Board Inc Fort Myers, FL | $6,992,908 | $10,165,135 |
Worknet Pinellas Inc Clearwater, FL | $1,995,144 | $7,597,320 |
Employu Inc Casselberry, FL | $5,383,927 | $11,177,844 |
Workforce Development Board Of Flagler And Volusia Counties Inc Daytona Beach, FL | $2,463,348 | $8,211,477 |
Citrus Levy Marion Regional Workforce Development Board Inc Ocala, FL | $1,453,598 | $7,509,133 |
Oic Of South Florida Inc Fort Lauderdale, FL | $1,014,122 | $6,787,267 |
Shoals Committee On Program & Employment For Mental Retardation Florence, AL | $3,365,103 | $6,331,410 |