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Florida · Nonprofit

Workforce Advantage Academy Inc

Workforce Advantage Academy Inc (Florida) receives grants from 1 organization whose IRS filings report $250 to it, the largest being James P Caruso & Christine S Caruso Charitable Fund Inc ($250). 0 of them have funded it in more than one year.

Revenue FY2025
$2.7M
Funders on record
1
Grants received
$250
Net assets
$1.2M
0/1 repeat funderspeak grant-dependency 0%
01What it does

What Workforce Advantage Academy Inc does

Mission

To identify students (at least 16 years of age) desiring a learning environment with an emphasis on job placement, college or military service upon completion.

As stated on its FY2025 Form 990.

Programs

  1. The School completed the graduation of its current year, Orange County, high school student class; Students also completed their junior year during the current fiscal year.

    $2,490,430 spent$35,574 earned by the program
    100% of program spending
  2. The School continues to develop business relationships with local businesses for the purpose of placing students in a work experience which corresponds with their academic emphasis towards successfully completing high school.

  3. The school raised contributions from private donations during the current fiscal year.

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $2,490,430.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($1.9M) Expenses 100 ($1.8M) Net assets 100 ($622k)2018 Revenue 105 ($2.0M) Expenses 105 ($1.9M) Net assets 112 ($699k)2019 Revenue 110 ($2.0M) Expenses 119 ($2.1M) Net assets 100 ($621k)2020 Revenue 110 ($2.0M) Expenses 111 ($2.0M) Net assets 109 ($680k)2021 Revenue 111 ($2.1M) Expenses 116 ($2.1M) Net assets 110 ($686k)2022 Revenue 126 ($2.3M) Expenses 127 ($2.3M) Net assets 122 ($762k)2023 Revenue 135 ($2.5M) Expenses 136 ($2.4M) Net assets 136 ($846k)2024 Revenue 178 ($3.3M) Expenses 148 ($2.6M) Net assets 243 ($1.5M)2025 Revenue 146 ($2.7M) Expenses 166 ($3.0M) Net assets 200 ($1.2M)
'17'18'19'20'21'22'23'24'25
Revenue (146)Expenses (166)Net assets (200)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $948k to $2.1M (+118%).

$705k
$855k
$708k
$808k
$990k
$1.0M
$948k
$2.1M
$1.7M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2022 100% · 2023 99% · 2024 99% · 2025 99%. Grants only. Government contracts and fees sit inside program revenue.

99% of Workforce Advantage Academy Inc’s revenue is contributions — more reliant on donations than three-quarters of its peers (48% for the typical peer).

This organization
Typical peer · 12,352 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 9 reported years ran a deficit.

$72k
’17
$77k
’18
−$77k
’19
$59k
’20
$6k
’21
$75k
’22
$84k
’23
$666k
’24
−$265k
’25
4.8
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Ed Thomas Jr

Chairman

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed875557754
Joined·+0+0+0+0+2+0+2+0
No longer listed·12000041
03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

From the IRS filings of Workforce Advantage Academy Inc’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of Workforce Advantage Academy Inc's grant income comes from Florida funders.

FL

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

Workforce Advantage Academy Inc is better cushioned than half of the 9,398 education nonprofits its size.

Operating margin−10% · bottom quartile
Months of reserve4.8mo · above the median
Revenue growth (annualized)5% · below the median

this organization peer median middle 50% of peers· 9,398 education nonprofits $1M–$10M, FY2025

Organizations like Workforce Advantage Academy Inc

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Florida

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

84% of spending goes to programs.

Program 84%Management 16%Fundraising 0%

Governance

4
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Screen this organization

A dated, signed PDF of the compliance screen for Workforce Advantage Academy Inc: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Workforce Advantage Academy Inc?
Workforce Advantage Academy Inc (Florida) receives grants from 1 organization whose IRS filings report $250 to it, the largest being James P Caruso & Christine S Caruso Charitable Fund Inc ($250). 0 of them have funded it in more than one year.
How many funders does Workforce Advantage Academy Inc have?
IRS filings report 1 organization giving $250 in grants to Workforce Advantage Academy Inc.
Who is the largest funder of Workforce Advantage Academy Inc?
James P Caruso & Christine S Caruso Charitable Fund Inc is the largest funder on record, with $250 in grants. The full list of funders is on this page.
How can an organization like Workforce Advantage Academy Inc find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Florida. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Workforce Advantage Academy →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing