Workshops For Warriors Inc
- Assets
- $22.6m
- Revenue
- $7.6m
- Investments
- $0.0
- Employees
- 57
- Location
- San Diego, CA
- Founding
- 08/2008
- Data as of
- 12/2023
- EIN
- 26-1721255
Organization Overview
Workshops For Warriors Inc is located in San Diego, CA. The organization was established in 2008. According to its NTEE Classification (J22) the organization is classified as: Job Training, under the broad grouping of Employment and related organizations. As of 12/2023, Workshops For Warriors Inc employed 57 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Workshops For Warriors Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Workshops For Warriors Inc generated $7.6m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 13.6% each year . All expenses for the organization totaled $11.6m during the year ending 12/2023. While expenses have increased by 21.9% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF WORKSHOPS FOR WARRIORS, INC. IS TO PROVIDE QUALITY TRAINING, ACCREDITED STEM EDUCATIONAL PROGRAMS, AND OPPORTUNITIES TO EARN THIRD-PARTY NATIONALLY RECOGNIZED CREDENTIALS TO ENABLE VETERANS, TRANSITIONING SERVICE MEMBERS, AND OTHER STUDENTS TO BE SUCCESSFULLY TRAINED AND PLACED IN THEIR CHOSEN ADVANCED MANUFACTURING CAREER FIELD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SINCE 2011, 1,261 VETERANS, TRANSITIONING SERVICE MEMBERS, AND WOUNDED WARRIORS HAVE GRADUATED WITH 15,558 NATIONALLY RECOGNIZED CREDENTIALS IN WELDING AND MACHINING. GRADUATES ARE NOW WELDERS, FABRICATORS, COMPUTER NUMERICALLY CONTROLLED (CNC) MACHINISTS, 3D PRINTERS, CNC MILL AND CNC LATHE OPERATORS, MACHINERY REPAIR TECHNICIANS, ROBOTIC PROGRAMMERS, COMPUTER-AIDED DESIGNERS, AND CNC PROGRAMMERS THROUGHOUT AMERICA.THE ADVANCED MANUFACTURING TRAINING FOR YOUNG VETERANS ASSISTS VETERANS WITH SUCCESSFULLY TRANSITIONING FROM MILITARY SERVICE TO BEGIN CAREERS IN THE U.S. ADVANCED MANUFACTURING INDUSTRY. IT MOVES TRANSITIONING MILITARY FROM THE FRONT LINES TO THE PRODUCTION LINES. THE GOALS OF THE PROGRAM ARE TO HELP TRANSITIONING MILITARY SECURE ENTRY LEVEL OR ADVANCED CAREER POSITIONS IN ADVANCED MANUFACTURING AND TO STRENGTHEN THE US ECONOMY BY ALLEVIATING SHORTAGES OF SKILLED WORKERS IN AMERICAN MANUFACTURING.TO ADDRESS THE NEED AND MEET THE GOALS, WORKSHOPS FOR WARRIORS WILL COMPLETE THE FOLLOWING OBJECTIVES IN 2024:- ENROLL 190 VETERANS IN CNC MACHINING OR WELDING COURSES- 640 HOURS OF MACHINING OR 640 HOURS OF WELDING EDUCATION PROVIDED FOR EACH STUDENT- PROVIDE 75 HOURS OF EMPLOYMENT EDUCATION AND JOB PLACEMENT ASSISTANCE (25 HOURS PER SEMESTER)- FACILITATE 24 HOURS OF INDUSTRY EDUCATION (12 WORKSHOPS) AND HOST 3 CAREER FAIRS WITH 21 INDUSTRY PARTNERS ATTENDING- PROVIDE 12 (1 PER MONTH) MENTAL HEALTH EDUCATION SESSIONS WITH A COMBAT VETERAN EXPERIENCED LMFT- COORDINATE 3 GRADUATION CEREMONIES WITH 300 FRIENDS, FAMILY, SUPPORTERS AND OTHER STAKEHOLDERS IN ATTENDANCESCHOLARSHIPS AND LIVING STIPENDS ARE OFFERED TO STUDENTS UNABLE TO PAY FOR HOUSING AND/OR TUITION. LIVING STIPENDS HELP THE VETERAN FOCUS ON STUDIES AND NOT SURVIVAL. STIPENDS CAN BE USED FOR HOUSING, GROCERIES, TRANSPORTATION OR CHILDCARE; THEY REMOVE BARRIERS FOR LOW-INCOME VETERANS TO ACHIEVE SUCCESS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hernan Luis Y Prado Board Chair/ceo | OfficerTrustee | 40 | $213,424 |
Rachel Luis Y Prado Cfo/coo | Officer | 40 | $190,960 |
Adam Jacobs Director Of Marketing | 40 | $160,361 | |
Lyle Palm Dean Of Welding & Head Of Facilities | Officer | 40 | $157,667 |
Maria C Truong Chief Of Staff | 40 | $167,047 | |
Patrick Dorris Dean Of Machining | 40 | $144,385 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Barrie Company Project Management | 12/30/23 | $121,393 |
Carl Zeiss Industrial Quality Solutions Staff Training & Equipment Maintenance | 12/30/23 | $138,004 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $280,271 |
| Related organizations | $0 |
| Government grants | $14,500 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,179,556 |
| Noncash contributions included in lines 1a–1f | $655,074 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,474,327 |
| Total Program Service Revenue | $2,862,708 |
| Investment income | $355,363 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $3,794 |
| Net Income from Fundraising Events | -$116,868 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $125 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,585,974 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $2,425,419 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $569,168 |
| Compensation of current officers, directors, key employees. | $146,399 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,573,929 |
| Pension plan accruals and contributions | $14,857 |
| Other employee benefits | $67,341 |
| Payroll taxes | $254,348 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $15,507 |
| Fees for services: Accounting | $73,089 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $26,955 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $70,064 |
| Advertising and promotion | $370,326 |
| Office expenses | $524,272 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $942,330 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $79,269 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $722,013 |
| Insurance | $185,926 |
| All other expenses | $205,611 |
| Total functional expenses | $11,561,815 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $972,000 |
| Savings and temporary cash investments | $6,659,190 |
| Pledges and grants receivable | $206,233 |
| Accounts receivable, net | $19,026 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $161,333 |
| Net Land, buildings, and equipment | $6,693,544 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $7,889,388 |
| Total assets | $22,600,714 |
| Accounts payable and accrued expenses | $469,814 |
| Grants payable | $0 |
| Deferred revenue | $200,768 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $144,969 |
| Secured mortgages and notes payable | $2,025,837 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $7,850,209 |
| Total liabilities | $10,691,597 |
| Net assets without donor restrictions | $5,933,466 |
| Net assets with donor restrictions | $5,975,651 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $22,600,714 |