Overview
What is Careersource Florida Inc?
Careersource Florida Inc, based in Tallahassee, Florida, is a crucial nonprofit organization that plays a significant role in the state's economic development. With a mission to connect employers with skilled, qualified talent and Floridians with employment and career opportunities, they aim to foster economic prosperity for all. The organization's Quick Response Training Program, funded through state dollars, offers customized training to new value-added businesses in Florida and existing or expanding businesses that align with the state's economic goals. With a team of 28 dedicated individuals, Careersource Florida serves as the bridge between employers and potential employees, driving Florida's workforce system towards a prosperous future.
Official website here: www.careersourceflorida.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 85% (Three-Star out of Four Star rating)
Careersource Florida Inc has received a solid Three-Star rating from Charity Navigator, reflecting a commendable score in Accountability & Finance. This rating indicates a strong commitment to transparency and responsible management of resources, with a perfect score in many areas such as independent board member composition and financial oversight practices.
The organization boasts an impressive 93% of its board members being independent, along with a well-structured audit and oversight committee, which enhances its governance and accountability. Moreover, the charity maintains a high program expense ratio of 73.78%, suggesting that a significant portion of its funding is directed towards its core mission rather than administrative costs.
Despite these strengths, the organization has a low score in the liabilities to assets ratio, which may indicate some financial risk. Nonetheless, the absence of material diversions of assets and the presence of robust policies further bolster its overall financial health and operational integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Careersource Florida Inc legitimate?
Careersource Florida Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Careersource Florida Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $501,451
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,869,485
For more financial information, click here
Official website here: www.careersourceflorida.com
What is the mission statement of Careersource Florida Inc?
Careersource Florida Inc serves as a bridge between employers and skilled labor in Florida, facilitating economic prosperity by connecting the two. The workforce system's primary goal is to provide Floridians with employment and career development opportunities while linking businesses with qualified, skilled talent. A key initiative by the organization is the Quick Response Training Program, funded through state dollars. This program offers customized training to value-added businesses in Florida and to expanding or existing businesses that align with the state's economic objectives. Through this training, the workforce system empowers Floridians to acquire new skills and enhances the competitiveness of Florida businesses.
Official website here: www.careersourceflorida.com
Who is the CEO of Careersource Florida Inc?
Michelle Dennard is the Principal Officer of Careersource Florida Inc. The CEO's salary of Careersource Florida Inc is $233,708 and their total compensation is $269,461.
Official website here: www.careersourceflorida.com
What is the revenue of Careersource Florida Inc?
Careersource Florida Inc's revenue in 2022 was $13,537,394.
Official website here: www.careersourceflorida.com
Who are the executives of Careersource Florida Inc and what are their salaries?
The average compensation at Careersource Florida Inc during 2022 was $84,676. There are 28 employees and 33 volunteers at Careersource Florida Inc.
Here are 40 key members and their salaries (Careersource Florida Inc's CEO's salary is $233,708 and their total compensation is $269,461):
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Official website here: www.careersourceflorida.com
Where can I find the form 990 for Careersource Florida Inc?
Careersource Florida Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.careersourceflorida.com
Learn more at the official website: www.careersourceflorida.com
Mission Statement of Careersource Florida Inc
Careersource Florida Inc, a significant player in the Florida workforce system, is dedicated to bridging the gap between employers and skilled, qualified talent. Its mission is multi-faceted, focusing on connecting employers with a pool of talented individuals, while simultaneously offering Floridians access to employment and career development opportunities. The ultimate goal is to foster economic prosperity for all.
The organization's approach is twofold. On one hand, Careersource Florida Inc aims to support businesses by providing them with customized training programs. These programs, funded through state dollars, cater to new value-added businesses setting up shop in Florida, as well as existing or expanding businesses that align with the state's economic objectives. This initiative ensures that businesses have access to a workforce equipped with the essential skills they require, ultimately contributing to the growth and success of these enterprises.
On the other hand, Careersource Florida Inc is committed to empowering Floridians by connecting them with employment opportunities and career development resources. By facilitating these connections, the nonprofit organization contributes to the economic well-being of individuals and their families, as well as the community at large. Through various initiatives, Careersource Florida Inc offers a range of services designed to help Floridians acquire new skills, advance their careers, and ultimately secure gainful employment. This holistic approach to workforce development is essential in creating a skilled, competitive workforce that drives Florida's economy forward.
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Impact
October, 2024
Careersource Florida Inc significantly impacts the state's economy by serving as a vital bridge between employers and job seekers. By facilitating connections between businesses in need of qualified, skilled talent and Floridians seeking employment and career advancement, it plays a crucial role in enhancing the state's workforce.
One of its key initiatives, the Quick Response Training Program, provides tailored training solutions for both new and existing businesses in Florida. This program supports economic development by ensuring that workforce skills align with the specific needs of industries, helping to foster economic growth and stability throughout the state.
Through these efforts, Careersource Florida Inc not only aids individual career development but also contributes to the overall prosperity of Florida's economy, creating a more sustainable and competitive job market.
This information is meant to be a general summary of Careersource Florida Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $22
- Gross Receipts: $13,537,394
Assets and Liabilities:
- Total Assets: $11,274,205
- Total Liabilities: $10,260,252
- Net Assets: $1,013,953
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Organization Details
Founding Year
2000
Phone
(850) 692-6887Principal Officer
Michelle Dennard
Main Address
PO BOX 13179, TALLAHASSEE, FL, 32317
Website
www.careersourceflorida.comNTEE Category
Code: J20 - Employment
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