Workfirst Foundation
- Assets
- $733.1k
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 14
- Location
- New York, NY
- Founding
- 10/2006
- Data as of
- 12/2021
- EIN
- 32-0161008
Organization Overview
Workfirst Foundation is located in New York, NY. The organization was established in 2006. According to its NTEE Classification (J22) the organization is classified as: Job Training, under the broad grouping of Employment and related organizations. As of 12/2021, Workfirst Foundation employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Workfirst Foundation 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, Workfirst Foundation generated $1.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.8% each year. All expenses for the organization totaled $886.7k during the year ending 12/2021. While expenses have increased by 2.1% 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
PROVIDES JOB TRAINING, EMPLOYMENT SERVICES AND SUPPORT TO DISADVANTAGED INDIVIDUALS AND ASSISTS IN THE STUDY OF ISSUES LEADING TO ECONOMIC AND SOCIAL DISADVANTAGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
JOB TRAINING, EMPLOYMENT SERVICES AND SUPPORT TO DISADVANTAGED INDIVIDUALS AND ASSISTS IN THE STUDY OF ISSUES LEADING TO ECONOMIC AND SOCIAL DISADVANTAGE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mario Leonardo Chairman | OfficerTrustee | 10 | $31,505 |
Kathy Mone Treasurer | OfficerTrustee | 5 | $0 |
Spencer Smith Director | Trustee | 0 | $0 |
Kevin Reilly Director | Trustee | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
America Works Of Washington Dc Inc Employment Services | 12/30/21 | $128,326 |
America Works Of Maryland Inc Employment Services | 12/30/21 | $254,969 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $265,868 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,164,897 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,430,765 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,430,765 |
| 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. | $31,505 |
| Compensation of current officers, directors, key employees. | $31,505 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $65,000 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $9,764 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $20,240 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,512 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $10,799 |
| All other expenses | $0 |
| Total functional expenses | $886,663 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $555,504 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $169,895 |
| 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 | $6,981 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $681 |
| Total assets | $733,061 |
| Accounts payable and accrued expenses | $83,377 |
| 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 | $0 |
| Other liabilities | $6,000 |
| Total liabilities | $89,377 |
| Net assets without donor restrictions | $40,751 |
| Net assets with donor restrictions | $602,933 |
| 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 | $733,061 |
Grants Recieved
Over the last fiscal year, we have identified 10 grants that Workfirst Foundation has recieved totaling $485,000.
| Awarding Organization | Amount |
|---|---|
Sarah Scaife Foundation Inc Pittsburgh, PA PURPOSE: PROJECT SUPPORT | $150,000 |
The Abell Foundation Inc Baltimore, MD PURPOSE: WORKFORCE DEVELOPMENT | $115,000 |
The Abell Foundation Inc Baltimore, MD PURPOSE: WORKFORCE DEVELOPMENT | $50,000 |
Thomas W Smith Foundation Boca Raton, FL PURPOSE: PUBLIC POLICY | $50,000 |
Apgar Foundation Inc Indianapolis, IN PURPOSE: SAVING NEW YORK DOCUMENTARY | $35,000 |
Achelis And Bodman Foundation New York, NY PURPOSE: FILM PROJECT, SAVING GOTHAM | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cw Resources Inc New Britain, CT | $72,075,898 | $102,860,890 |
North Atlantic States Carpenters Training Fund Millbury, MA | $72,466,434 | $22,130,164 |
Building Service Thomas Shortman Training Scholarship And New York, NY | $24,265,152 | $18,661,986 |
New York District Council Crpntrs Apprntcshp Jrnymn Retraing Educa New York, NY | $32,423,989 | $13,554,381 |
Groundtruth Project Inc Boston, MA | $12,977,835 | $12,726,930 |
Northeast Carpenters Apprenticeship Fund Edison, NJ | $19,860,788 | $10,381,249 |
Hawthorne Valley Association Inc Ghent, NY | $11,965,949 | $10,914,219 |
Liuna Training And Education Fund Pomfret Center, CT | $19,387,955 | $9,381,853 |
Operating Engineers Local 825 Springfield, NJ | $22,861,458 | $9,545,959 |
Operating Engineers Local 825 Sub Fund Springfield, NJ | $82,702,164 | $12,313,269 |
Joint Apprenticeship And Training Trust Fund Local 103 Ibew Boston, MA | $13,179,581 | $8,861,151 |
Nueva Esperanza Philadelphia, PA | $22,032,264 | $12,218,705 |