EMPLOYMENT RESOURCES INC

EIN: 541566468 501(c)(3) Employment

FREDERICKSBURG, VA

Total Revenue
$3,607,443
Total Expenses
$3,260,441
Total Assets
$8,495,225
Net Assets
$5,747,925
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1992
Legal Domicile
VA
Principal Officer
MARBURY A FAGAN II
Phone
5403726710
Tax Period
2023-07-01 to 2024-06-30

EMPLOYMENT RESOURCES INC, founded in 1992, is a community nonprofit in the Employment sector that reported $3.6M in total revenue in fiscal year 2023. Expenses of $3.3M left a modest 10% surplus.

Mission

PROVIDE DISADVANTAGED YOUTH FROM SURROUNDING MUNICIPALITIES WITH ALTERNATIVE EDUCATION TO GIVE THEM THE SKILLS TO BECOME SUCCESSFULLY EMPLOYED, SELF-SUFFICIENT AND CONTRIBUTING MEMBERS OF THEIR COMMUNITIES.

Program Service Accomplishments

Program 1
Expenses: $2,630,871 Revenue: $3,258,294

THE OBERLE ACADEMY - ALTERNATIVE EDUCATIONAL PROGRAM FOR DISADVANTAGED YOUTH. STUDENTS ARE SENT TO THE OBERLE ACADEMY BY REGIONAL SCHOOL DISTRICT PERSONNEL FOR CONTINUED EDUCATION AND IS DESIGNED FOR...

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THE OBERLE ACADEMY - ALTERNATIVE EDUCATIONAL PROGRAM FOR DISADVANTAGED YOUTH. STUDENTS ARE SENT TO THE OBERLE ACADEMY BY REGIONAL SCHOOL DISTRICT PERSONNEL FOR CONTINUED EDUCATION AND IS DESIGNED FOR MIDDLE AND HIGH SCHOOL STUDENTS WHO ARE NOT ACHIEVING THEIR POTENTIAL. THE MAJORITY OF STUDENTS ARE PLACED BECAUSE THEY ARE FUNCTIONING BEHIND GRADE LEVEL AND/OR LACK THE SOCIAL SKILLS NECESSARY TO SUCCEED IN THE PUBLIC SCHOOL SETTING. COMPANY INSTRUCTS APPROXIMATELY 90 STUDENTS PER YEAR.

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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 (2023)

Revenue Breakdown

Contributions & Grants $206,624
Program Service Revenue $3,258,294
Investment Income $37,787
Other Revenue $104,738
TOTAL REVENUE $3,607,443

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,526,717
Fundraising Expenses $143,939
Program Expenses $2,630,871
Other Expenses $733,724
TOTAL EXPENSES $3,260,441

Year-over-Year Comparison

2023 2022 Change
Revenue $3,607,443 $3,750,556 0.0%
Expenses $3,260,441 $3,048,334 +0.1%
Net Income $347,002 $702,222 -0.5%
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

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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
10
Employees
39
Volunteers
15

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
3
$220,700
Total Directors
11
$220,700
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RAYMOND SLAUGHTER ESQ DIRECTOR, CHAIRMAN 10.00
Officer Director
$0 $0 $0
MATTHEW KING DIRECTOR, SECRETARY 1.00
Officer Director
$0 $0 $0
JACK BROOME DIRECTOR 0.50
Director
$0 $0 $0
DR SUZANNE SUMNER DIRECTOR 0.50
Director
$0 $0 $0
CHRISTIE TOMPKINS DIRECTOR 0.50
Director
$0 $0 $0
LANCE DURANTE DIRECTOR 0.50
Director
$0 $0 $0
WILLIAN MCAVINNEY DIRECTOR 0.50
Director
$0 $0 $0
MARBURY A FAGAN II PRESIDENT & CEO 60.00
Officer Director
$217,200 $3,500 $220,700
DR NICCI DOWD DIRECTOR 0.50
Director
$0 $0 $0
DALE LACHINET DIRECTOR 0.50
Director
$0 $0 $0
GEORGE SNEED DIRECTOR 0.50
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 No data No data No data No data
2024 $3,607,443 $3,260,441 $8,495,225 $347,002
2023 $3,750,556 $3,048,334 $8,532,195 $702,222
2022 $3,260,253 $3,319,809 $8,098,852 $-59,556
2021 $4,699,488 $3,382,348 $8,292,619 $1,317,140
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