Career Development And Placement Strategies Inc
- Assets
- $148.8k
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 28
- Location
- Cleveland, OH
- Founding
- 08/2010
- Data as of
- 12/2021
- EIN
- 27-0875687
Organization Overview
Career Development And Placement Strategies Inc is located in Cleveland, OH. The organization was established in 2010. According to its NTEE Classification (B60) the organization is classified as: Adult Education, under the broad grouping of Education and related organizations. As of 12/2021, Career Development And Placement Strategies Inc employed 28 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Career Development And Placement Strategies 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 12/2021, Career Development And Placement Strategies Inc generated $1.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 49.3% each year . All expenses for the organization totaled $1.7m during the year ending 12/2021. While expenses have increased by 41.0% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE LIFE JOB SKILLS TRAINING AND JOB PLACEMENT TO INDIVIDUALS WHO HAVE MINOR OFFENSES AND COACH THESE INDIVIDUALS THROUGH THE JOB RE-ENTRY PROCESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PURPOSE OF THE RISING ABOVE PROGRAM, SUPPORTED BY THE CUYAHOGA COUNTY FATHERHOOD INITIATIVE, IS TO PROVIDE WORKFORCE AND PERSONAL DEVELOPMENT TRAINING TO NON-CUSTODIAL FATHERS, WITH PURPOSE OF ENHANCING ONE'S PERSONAL MANAGEMENT SKILLS WHILE PROMOTING ECONOMIC STABILITY AND SELF SUFFICIENCT. SERVICES PROVIDED: - PERSONALIZED CAREER PATH COUNSELING - CAREER READINESS ASSESSMENT - PARENTING VALUES WORKSHOPS - JOB READINESS WORKSHOPS - BUSINESS DEVELOPMENT/ENTERPRENEURSHIP - TEAM BUILDING - EMPLOYER EXPECTATIONS - CONFLICT RESOLUTION AND MORE.
THE PURPOSE OF THE RISING ABOVE PROGRAM, SUPPORTED BY THE CUYAHOGA COUNTY FATHERHOOD INITIATIVE, IS TO PROVIDE WORKFORCE AND PERSONAL DEVELOPMENT TRAINING TO NON-CUSTODIAL FATHERS, WITH PURPOSE OF ENHANCING ONE'S PERSONAL MANAGEMENT SKILLS WHILE PROMOTING ECONOMIC STABILITY AND SELF SUFFICIENCT. SERVICES PROVIDED: - PERSONALIZED CAREER PATH COUNSELING - CAREER READINESS ASSESSMENT - PARENTING VALUES WORKSHOPS - JOB READINESS WORKSHOPS - BUSINESS DEVELOPMENT/ENTERPRENEURSHIP - TEAM BUILDING - EMPLOYER EXPECTATIONS - CONFLICT RESOLUTION AND MORE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Maurice Stevens Executive Di | OfficerTrustee | 40 | $137,002 |
Dorothea Santiago Board Treasu | OfficerTrustee | 1 | $0 |
Cecelia Huffman-White Board Chair | OfficerTrustee | 1 | $0 |
Michael Fordham Board Secret | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $160,036 |
| All other contributions, gifts, grants, and similar amounts not included above | $302,577 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $462,613 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $1,336,453 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,799,066 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $137,002 |
| Compensation of current officers, directors, key employees. | $27,400 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $92,017 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $15,424 |
| Fees for services: Management | $800 |
| Fees for services: Legal | $7,950 |
| Fees for services: Accounting | $6,829 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $856 |
| Office expenses | $64,623 |
| Information technology | $15,301 |
| Royalties | $0 |
| Occupancy | $38,301 |
| Travel | $1,183 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,535 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $11,497 |
| All other expenses | $10,906 |
| Total functional expenses | $1,662,949 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $139,877 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $8,901 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $148,778 |
| Accounts payable and accrued expenses | $16,746 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $52,677 |
| Other liabilities | $0 |
| Total liabilities | $69,423 |
| Net assets without donor restrictions | $79,355 |
| Net assets with donor restrictions | $0 |
| 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 | $148,778 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Career Development And Placement Strategies Inc has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Eleven Fifty Academy Inc Indianapolis, IN | $2,885,301 | $14,569,317 |
Newton Services Foundation Inc Flint, MI | $3,036,249 | $10,428,739 |
Council For Adult And Experiental Learning Indianapolis, IN | $4,495,606 | $4,303,081 |
Van Andel Institute Graduate School Grand Rapids, MI | $1,492,760 | $4,853,861 |
Kelley Executive Education Foundation Inc Bloomington, IN | $1,125,624 | $3,371,150 |
Education And Training Connection Midland, MI | $2,969,193 | $3,353,333 |
Columbus Literacy Council Columbus, OH | $1,481,733 | $3,063,188 |
Evansville Plumbers Apprentice Training Trust Fund Evansville, IN | $3,497,630 | $2,319,217 |
Regional Learning Alliance Cranberry Township, PA | $11,928,887 | $1,971,731 |
Inforum Detroit, MI | $3,977,241 | $2,035,446 |
Beyond Literacy Philadelphia, PA | $1,866,568 | $2,112,475 |
West Michigan Center For Arts And Technology Grand Rapids, MI | $9,239,729 | $2,613,350 |