Overview
What is Little Rock Workforce Development Board?
Little Rock Workforce Development Board is a nonprofit organization situated in Little Rock, Arkansas, with a headquarters located at 5401 S UNIVERSITY AVE, 72209. The primary focus of this organization is to administer an integrated workforce development system, encompassing job training, employment, and employment-related educational programs. With a dedicated team of three individuals, they strive to equip the local community with the necessary skills and resources to secure and advance in their careers. Their mission is to foster a prosperous workforce, promoting economic growth and self-sufficiency for the residents of Little Rock and its surrounding areas.
Official website here: www.lrworkforce.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 64%, earning it a Two-Star out of Four Star rating.
The Little Rock Workforce Development Board has received a modest rating of 64% from Charity Navigator, reflecting some strengths and significant areas for improvement. Notably, the organization boasts a fully independent board, which is a positive indicator of governance. It also exhibits strong program expense efficiency, dedicating over 93% of its expenses to programs, which suggests that funds are primarily directed towards its mission.
However, the organization faces considerable shortcomings, particularly in financial transparency. The absence of financial statements and missing documentation on its website have severely impacted its Accountability & Finance Score. Additionally, the liabilities to assets ratio raises concerns, indicating potential financial instability.
While the board has established important governance policies such as conflict of interest and whistleblower policies, the lack of publicly available financial data may hinder trust and confidence among stakeholders. Overall, while the Little Rock Workforce Development Board has a solid foundation in governance and program execution, it must address its transparency issues to enhance its credibility and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Little Rock Workforce Development Board legitimate?
Little Rock Workforce Development Board is a legitimate nonprofit organization registered as a 501(c)(3) entity. Little Rock Workforce Development Board 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: $166,875
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,361,534
For more financial information, click here
Official website here: www.lrworkforce.com
What is the mission statement of Little Rock Workforce Development Board?
The Little Rock Workforce Development Board is committed to overseeing an integrated workforce development system. This system encompasses various components, including job training, employment opportunities, and education programs that are employment-related. The organization's primary objective is to facilitate the administration of these programs, aiming to enhance the workforce's skills and employability. By doing so, it contributes to the overall economic growth and development of the community.
Official website here: www.lrworkforce.com
What is the revenue of Little Rock Workforce Development Board?
Little Rock Workforce Development Board's revenue in 2024 was $4,743,260.
Official website here: www.lrworkforce.com
Who are the executives of Little Rock Workforce Development Board and what are their salaries?
The average compensation at Little Rock Workforce Development Board during 2024 was $509,470. There are 3 employees and 28 volunteers at Little Rock Workforce Development Board.
Here are 30 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $64,987
- Related: $0
- Other: $20,184
- Compensation: $80,139
- Related: $0
- Other: $18,882
Official website here: www.lrworkforce.com
Where can I find the form 990 for Little Rock Workforce Development Board?
Little Rock Workforce Development Board's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.lrworkforce.com
Learn more at the official website: www.lrworkforce.com
Mission Statement of Little Rock Workforce Development Board
Little Rock Workforce Development Board, as an organization, is dedicated to overseeing an integrated workforce development system. This system encompasses various aspects, including job training, employment opportunities, and educational programs that are employment-related. The primary goal of the Little Rock Workforce Development Board is to facilitate the development and advancement of the local workforce, thereby contributing to the economic growth and prosperity of the community. By administering these programs, the organization aims to equip individuals with the necessary skills and knowledge to secure stable employment, thereby improving their livelihoods and contributing positively to society.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
The impact of the Little Rock Workforce Development Board is significant in enhancing the economic well-being of the community by administering an integrated workforce development system. Through job training, employment opportunities, and education programs, the organization plays a crucial role in helping individuals secure meaningful employment and advance their careers. By facilitating access to resources and support for job seekers, the Little Rock Workforce Development Board contributes to overall community improvement and prosperity.
This information is meant to be a general summary of Little Rock Workforce Development Board. 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 2024.
- Gross Receipts: $4,743,260
Assets and Liabilities:
- Total Assets: $450,786
- Total Liabilities: $605,629
- Net Assets: -$154,843
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2002
Principal Officer
Wj Monagle
Website
www.lrworkforce.comNTEE Category
Code: S32 - Community improvement
If you are a representative of Little Rock Workforce Development Board and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.