Deep East Texas Local Workforce Development Board Incorporated
- Assets
- $1.7m
- Revenue
- $18.4m
- Investments
- $0.0
- Employees
- 19
- Location
- Lufkin, TX
- Founding
- 06/1999
- Data as of
- 09/2021
- EIN
- 75-2765176
Organization Overview
Deep East Texas Local Workforce Development Board Incorporated is located in Lufkin, TX. The organization was established in 1999. According to its NTEE Classification (J22) the organization is classified as: Job Training, under the broad grouping of Employment and related organizations. As of 09/2021, Deep East Texas Local Workforce Development Board Incorporated employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Deep East Texas Local Workforce Development Board Incorporated 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 09/2021, Deep East Texas Local Workforce Development Board Incorporated generated $18.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $18.4m during the year ending 09/2021. While expenses have increased by 4.3% per year over the past 6 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 PROVIDE POLICY AND PROGRAM GUIDANCE, ADMINISTER WORKFORCE DEVELOPMENT PROGRAMS FOR THE 12 COUNTIES WHICH ENTAIL THE DEEP EAST TEXAS SERVICE DELIVERY AREA AND COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHILD CARE SERVICES - TO INCREASE THE AVAILABILITY, QUALITY, AND AFFORDABILITY OF CHILD CARE FOR LOW INCOME FAMILIES WHERE THE PARENTS ARE WORKING OR ATTENDING TRAINING OR EDUCATIONAL PROGRAMS.
JOB TRAINING AND EMPLOYMENT SERVICES - TO HELP ADULTS IMPROVE EMPLOYMENT SKILLS AND TO ASSIST YOUTH ACHIEVE BASIC EMPLOYMENT SKILLS FOR THE PURPOSE OF ATTAINING SELF-SUSTAINING EMPLOYMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Durand Executive Director | Officer | 40 | $101,430 |
Misty Woodard Finance Director | Officer | 40 | $26,827 |
Wayne Haglund Chair | OfficerTrustee | 0.2 | $0 |
Kelli Marshall Vice Chair | OfficerTrustee | 0.2 | $0 |
Kotosha Jeffery Secretary | OfficerTrustee | 0.2 | $0 |
Lisa Balty Director | Trustee | 0.3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Lufkin Tiny Treasures Preschool Childcare Provider | 9/29/21 | $638,166 |
Handprints Child Care 15 Llc Dba Handpr Childcare Provider | 9/29/21 | $832,470 |
Dynamic Workforce Solutions-texas Wfc Managing Director | 9/29/21 | $4,222,483 |
Goodwill Industries Of Central East Texa Child Care Subcontractor | 9/29/21 | $974,384 |
Great Beginnings Pre School Child Care Provider | 9/29/21 | $599,533 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $18,400,050 |
| All other contributions, gifts, grants, and similar amounts not included above | $166 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $18,400,216 |
| Total Program Service Revenue | $10,333 |
| Investment income | $0 |
| 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 | $18,410,549 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $197,705 |
| Compensation of current officers, directors, key employees. | $132,617 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $540,397 |
| Pension plan accruals and contributions | $14,916 |
| Other employee benefits | $106,703 |
| Payroll taxes | $56,090 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,050 |
| Fees for services: Accounting | $33,600 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $86,045 |
| Advertising and promotion | $24,621 |
| Office expenses | $140,666 |
| Information technology | $112,053 |
| Royalties | $0 |
| Occupancy | $557,411 |
| Travel | $13,955 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $90,058 |
| Insurance | $23,397 |
| All other expenses | $26,294 |
| Total functional expenses | $18,399,233 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $17,919 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,246,320 |
| 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 | $102,891 |
| Net Land, buildings, and equipment | $341,120 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $21,178 |
| Other assets | $0 |
| Total assets | $1,729,428 |
| Accounts payable and accrued expenses | $1,204,037 |
| 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 | $1,204,037 |
| Net assets without donor restrictions | $525,391 |
| 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 | $1,729,428 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Motivation Education And Training New Caney, TX | $14,481,914 | $42,182,690 |
Training Rehabilitation & Development Institute Inc San Antonio, TX | $28,859,622 | $32,148,928 |
Workforce Solutions For South Texas Laredo, TX | $2,166,011 | $19,867,882 |
Deep East Texas Local Workforce Development Board Incorporated Lufkin, TX | $1,729,428 | $18,410,549 |
Launch Global Richardson, TX | $5,975,467 | $10,354,602 |
Rural Capital Area Workforce Development Board Inc Cedar Park, TX | $3,449,616 | $9,394,999 |
Project Quest Inc San Antonio, TX | $2,369,598 | $9,372,995 |
Texas Educational Foundation Inc San Antonio, TX | $1,129,254 | $386,993 |
Gulf Coast Carpenters & Millwrights Training Trust Fund Austin, TX | $15,423,241 | $7,036,287 |
Southwestern Line Construction Electrical Joint Apprenticeship Albuquerque, NM | $14,369,563 | $8,044,899 |
Employment Resources Inc Tulsa, OK | $2,608,990 | $4,335,874 |
C L C Inc Fort Worth, TX | $2,716,562 | $3,129,165 |