SOUTHERN 14 WORKFORCE INVESTMENT BOARD INC

EIN: 371139700 501(c)(3)

CARMI, IL

Total Revenue
$1,774,296
Total Expenses
$1,673,944
Total Assets
$66,540
Net Assets
$-172,002
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1987
Legal Domicile
IL
Principal Officer
ROYCE CARTER
Phone
6183825024
Tax Period
2024-07-01 to 2025-06-30

SOUTHERN 14 WORKFORCE INVESTMENT BOARD INC, founded in 1987, is a community nonprofit that reported $1.8M in total revenue in fiscal year 2024. Expenses of $1.7M left a modest 6% surplus.

Mission

JOB TRAINING

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,774,224
Program Service Revenue $72
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,774,296

Expense Breakdown

Grants Paid $0
Salaries & Benefits $140,604
Fundraising Expenses $0
Program Expenses $1,604,652
Other Expenses $1,533,340
TOTAL EXPENSES $1,673,944

Year-over-Year Comparison

2024 2023 Change
Revenue $1,774,296 N/A N/A
Expenses $1,673,944 N/A N/A
Net Income $100,352 N/A N/A
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
31
Independent Members
31
Employees
N/A
Volunteers
28

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
1
$0
Total Directors
27
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TIM BELLAMEY BOARD MEMBER 0.00
Director
$0 $0 $0
ROGER BOMA BOARD MEMBER 0.00
Director
$0 $0 $0
ROYCE CARTER CHAIRMAN 0.00
Officer
$0 $0 $0
LORI COX BOARD MEMBER 0.00
Director
$0 $0 $0
BRAD CROSS BOARD MEMBER 0.00
Director
$0 $0 $0
CONNIE DUNCAN BOARD MEMBER 0.00
Director
$0 $0 $0
WAYNE EICHORN BOARD MEMBER 0.00
Director
$0 $0 $0
KEVIN FETTERS BOARD MEMBER 0.00
Director
$0 $0 $0
LAWRENCE FILLINGHAM BOARD MEMBER 0.00
Director
$0 $0 $0
LES HARDIN BOARD MEMBER 0.00
Director
$0 $0 $0
ANDREA HAYES BOARD MEMBER 0.00
Director
$0 $0 $0
MYRA HILLYARD BOARD MEMBER 0.00
Director
$0 $0 $0
TIM HOCKING BOARD MEMBER 0.00
Director
$0 $0 $0
CHRIS HOWTON BOARD MEMBER 0.00
Director
$0 $0 $0
VICKIE MAYFIELD BOARD MEMBER 0.00
Director
$0 $0 $0
GINGER MCBRIDE BOARD MEMBER 0.00
Director
$0 $0 $0
KEN PETTIJOHN BOARD MEMBER 0.00
Director
$0 $0 $0
JOHN PRICE BOARD MEMBER 0.00
Director
$0 $0 $0
DEAN ROGAN SR BOARD MEMBER 0.00
Director
$0 $0 $0
BEN ROSS BOARD MEMBER 0.00
Director
$0 $0 $0
RANDALL RUSHING BOARD MEMBER 0.00
Director
$0 $0 $0
PATRICIA SAWYER BOARD MEMBER 0.00
Director
$0 $0 $0
LARRY STEWARD BOARD MEMBER 0.00
Director
$0 $0 $0
PENNY VALENTINE BOARD MEMBER 0.00
Director
$0 $0 $0
NEIL WAGNER BOARD MEMBER 0.00
Director
$0 $0 $0
DENNA WILLIAMS BOARD MEMBER 0.00
Director
$0 $0 $0
DAWN WILLIAMS BOARD MEMBER 0.00
Director
$0 $0 $0
BETH WILSON BOARD MEMBER 0.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $1,774,296 $1,673,944 $66,540 $100,352
2024 $1,414,539 $1,550,215 $217,706 $-135,676
2023 $1,832,436 $1,864,821 $121,648 $-32,385
2022 $1,802,803 $1,813,237 $78,644 $-10,434
2021 $2,255,308 $2,242,026 $65,387 $13,282
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