EASTERN CAROLINA WORKFORCE DEVELOPMENT BOARD INC (EIN 561762333) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1991

Legal Domicile

Principal Officer

WILLIAM GREEN

Phone

2526366901

Tax Period

2024-07-01 to 2025-06-30

EASTERN CAROLINA WORKFORCE DEVELOPMENT BOARD INC, founded in 1991, is a community nonprofit that reported $3.9M in total revenue in fiscal year 2024.

Mission

OUR MISSION IS TO DEVELOP THE WORKFORCE THROUGH A COLLABORATIVE, CUSTOMER-FOCUSED APPROACH THAT FACILITATES PARTNERSHIPS BETWEEN JOB SEEKERS, WORKERS, EMPLOYERS AND EDUCATORS, ALIGNING WORKFORCE REQUIREMENTS TO ECONOMIC NEEDS.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,919,054

Program Service Revenue $0

Investment Income $4,275

Other Revenue $6,410

TOTAL REVENUE $3,929,739

Expense Breakdown

Grants Paid $0

Salaries & Benefits $850,986

Fundraising Expenses $0

Program Expenses $3,621,922

Other Expenses $3,085,221

TOTAL EXPENSES $3,936,207

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,929,739	$4,057,535	0.0%
Expenses	$3,936,207	$4,039,941	0.0%
Net Income	$-6,468	$17,594	-1.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

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

$93,351

Total Directors

$163,785

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL KRASZESKI	DIRECTOR	1.00	Director	$0	$0	$0
JESSICA ADAMS	DIRECTOR	1.00	Director	$0	$0	$0
SHEILA GLAZEWSKI	DIRECTOR	1.00	Director	$0	$0	$0
LESLEY H HUNTER	DIRECTOR	1.00	Director	$0	$0	$0
JASON TRULL	SECRETARY TREASURER	1.00	Director	$0	$0	$0
ANTHONY CRUZ	DIRECTOR	1.00	Director	$0	$0	$0
JAY CARRAWAY	DIRECTOR	1.00	Director	$0	$0	$0
AL SEARLES	CHAIRMAN	1.00	Director	$0	$0	$0
BRENDA UPCHURCH	DIRECTOR	1.00	Director	$0	$0	$0
CHAD MEADOWS	DIRECTOR	1.00	Director	$0	$0	$0
RICK DAVIS	DIRECTOR	1.00	Director	$0	$0	$0
JUDY DARDEN	DIRECTOR	1.00	Director	$0	$0	$0
ANGELA BATES	DIRECTOR	1.00	Director	$0	$0	$0
DAVID HILL	DIRECTOR	1.00	Director	$0	$0	$0
DR NORMA SERMON-BOYD	DIRECTOR	1.00	Director	$0	$0	$0
FRANK EMORY	CHAIRMAN	1.00	Director	$0	$0	$0
JENNA STAFIRA	DIRECTOR	1.00	Director	$0	$0	$0
DR RUSTY HUNT	DIRECTOR	1.00	Director	$0	$0	$0
TREY CASH	DIRECTOR	1.00	Director	$0	$0	$0
VERONICA PEREZ	VICE CHAIR	1.00	Director	$0	$0	$0
CRYSTAL SHARPLESS	DIRECTOR	1.00	Director	$0	$0	$0
WES WATSON	DIRECTOR	1.00	Director	$0	$0	$0
JEREMY JOHNSON	DIRECTOR	1.00	Director	$0	$0	$0
CARLA BYRNES	DIRECTOR	1.00	Director	$0	$0	$0
KIMBERLY POOLE RIGGS	DIRECTOR	1.00	Director	$0	$0	$0
AMY HARTLEY	DIRECTOR	1.00	Director	$0	$0	$0
CHARLES BROGDEN	DIRECTOR	1.00	Director	$0	$0	$0
MELANIE SANDERS	DIRECTOR	1.00	Director	$0	$0	$0
PHILLIP PRESCOTT	ASST DIRECTOR	40.00	Director	$70,434	$0	$70,434
BILL GREEN	EXEC DIRECTOR	40.00	Officer Director	$93,351	$0	$93,351

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	$3,929,739	$3,936,207	$468,956	$-6,468
2024	$4,057,535	$4,039,941	$449,842	$17,594
2023	$3,877,090	$3,885,211	$457,019	$-8,121
2022	$3,342,350	$3,355,634	$421,680	$-13,284
2021	$3,368,126	$3,370,846	$405,780	$-2,720
2020	$4,223,293	$4,219,529	$560,952	$3,764
2019	$4,192,411	$4,198,665	$556,149	$-6,254
2018	$3,719,075	$3,726,441	$617,164	$-7,366

EASTERN CAROLINA WORKFORCE DEVELOPMENT BOARD INC