Corporation For A Skilled Workforce
- Assets
- $897.2k
- Revenue
- $2.5m
- Investments
- $0.0
- Employees
- 19
- Location
- Ann Arbor, MI
- Founding
- 10/1991
- Data as of
- 12/2021
- EIN
- 38-2991143
Organization Overview
Corporation For A Skilled Workforce is located in Ann Arbor, MI. The organization was established in 1991. As of 12/2021, Corporation For A Skilled Workforce employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Corporation For A Skilled Workforce 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, Corporation For A Skilled Workforce generated $2.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.4%) each year. All expenses for the organization totaled $2.5m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (7.7%) per year over the past 7 years. 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 CATALYZE CHANGE IN EDUCATION, ECONOMIC, AND WORKFORCE DEVELOPMENT THROUGH RESEARCH AND ACTION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INCREASING ECONOMIC OPPORTUNITY AND MOBILITY THROUGH COMMUNITY WORKFORCE STRATEGIES. CSW WORKS WITH CHANGE MAKERS TO DOCUMENT RACIAL AND SOCIO-ECONOMIC GAPS IN MOBILITY; DEVELOPS WORKFORCE-RELATED STRATEGIES, ACTIONS, AND PARTNERSHIPS FOCUSED ON OVERCOMING THOSE GAPS; AND EVALUATES THE RESULTS OF RELEVANT INITIATIVES.
INCREASING THE CAPACITY OF WORKFORCE PRACTITIONERS AND ORGANIZATIONS TO TACKLE CHALLENGING ISSUES. CSW MANAGES LEARNING NETWORKS AND ACADEMIES THAT BUILD THE SKILLS AND KNOWLEDGE OF WORKFORCE PRACTITIONERS CENTERED ON POLICY AND PRACTICE STRATEGIES AND LEVERS FOR SYSTEMIC CHANGE. CSW HOSTS THE WORKFORCE BENCHMARKING NETWORK, WHICH PROVIDES COMMUNITY-BASED WORKFORCE ORGANIZATIONS ACROSS THE UNITED STATES SUPPORT IN USING DATA TO MORE EFFECTIVELY MANAGE PROGRAMS AND COMMUNITY STRATEGIES.
EXPANDING THE USE OF COMPETENCIES. CSW WORKS WITH PARTNERS TO USE ANALYTIC TOOLS TO INCREASE THE USE OF COMPETENCIES TO IMPROVE LABOR MARKET MOBILITY FOR WORKERS, IMPROVE QUALITY HIRING AND ADVANCEMENT WITHIN COMPANIES, AND ENSURE UNDERSTANDABLE OUTCOMES FROM EDUCATIONAL PROGRAMS AND INCREASED ALIGNMENT OF THOSE PROGRAMS WITH JOB REQUIREMENTS. GOAL IS TO INCREASE USE OF COMPETENCIES AS "COMMON LANGUAGE/CURRENCY" AMONG LEARNERS/WORKERS, EDUCATORS, AND EMPLOYERS.
ADVANCE WORKPLACES AND WORKFORCES THAT ARE CULTURALLY RESPONSIVE, TRAUMA-INFORMED, RESILIENCE-BUILDING, AND SUPPORTIVE OF MENTAL HEALTH AND WELL-BEING. CSW WORKS WITH FUNDERS, AGENCIES, ORGANIZATIONS, AND EMPLOYERS TO DEVELOP STRATEGIES FOR ADVANCING TRAUMA-INFORMED AND RESILIENCE-BUILDING APPROACHES IN THEIR ORGANIZATIONS AND IN THE FIELDS OF WORKFORCE DEVELOPMENT, ADULT EDUCATION, NONPROFIT EMPLOYMENT AND TRAINING, AND RELATED SECTORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Larry A Good President & CEO | 40 | $155,955 | |
Kysha Frazier VP Policy & Strategy | 40 | $122,153 | |
Sherri Cavanaugh Treasurer & CFO | Officer | 40 | $118,762 |
Ken Barnes Senior Policy Associate | 40 | $105,381 | |
Debbie Charlton Support Specialist & Board Secretary | Officer | 40 | $52,267 |
Christopher T King Chair | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
The University Of Texas At Austin Consulting | 12/30/17 | $144,449 |
Evelyn Ganzglass Consulting | 12/30/17 | $113,085 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $118,004 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $443,414 |
| All other contributions, gifts, grants, and similar amounts not included above | $300,870 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $862,288 |
| Total Program Service Revenue | $1,671,958 |
| Investment income | $210 |
| 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 | $2,534,456 |
| 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. | $354,734 |
| Compensation of current officers, directors, key employees. | $65,113 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $794,183 |
| Pension plan accruals and contributions | $17,009 |
| Other employee benefits | $52,699 |
| Payroll taxes | $85,688 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $74 |
| Fees for services: Accounting | $16,081 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $969,644 |
| Advertising and promotion | $0 |
| Office expenses | $49,572 |
| Information technology | $11,042 |
| Royalties | $0 |
| Occupancy | $32,925 |
| Travel | $1,845 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,465 |
| Interest | $3,437 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $17,334 |
| All other expenses | $0 |
| Total functional expenses | $2,525,331 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $35,839 |
| Savings and temporary cash investments | $160,977 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $681,507 |
| 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 | $15,628 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,229 |
| Total assets | $897,180 |
| Accounts payable and accrued expenses | $289,275 |
| Grants payable | $0 |
| Deferred revenue | $75,999 |
| 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 | $503,337 |
| Total liabilities | $868,611 |
| Net assets without donor restrictions | $28,569 |
| 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 | $897,180 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Corporation For A Skilled Workforce has recieved totaling $126.
| Awarding Organization | Amount |
|---|---|
Pohlad Family Foundation Minneapolis, MN PURPOSE: GENERAL OPERATING | $110 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $16 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Corporation For A Skilled Workforce Ann Arbor, MI | $897,180 | $2,534,456 |
Labor Institute For Training Inc Indianapolis, IN | $345,780 | $1,117,356 |
National Council For History Education Inc University Heights, OH | $539,986 | $956,063 |
Alliance For Healthy Youth Akron, OH | $131,198 | $520,982 |
Have-A-Heart Inc River Falls, WI | $446,446 | $568,361 |
Port Huron Town Hall Series Port Huron, MI | $135,486 | $0 |
Forever Learning Institute Inc South Bend, IN | $255,360 | $0 |
Educational Technology Organization Of Michigan Grand Rapids, MI | $169,722 | $0 |
Deep Spring Center For Meditation And Spiritual Inquiry Ann Arbor, MI | $75,458 | $0 |
Monroe Area Soccer Association Monroe, MI | $75,222 | $0 |
Association For Continuing Education Case Western Reserve<uni Cleveland, OH | $207,200 | $0 |
Boyne City Foundation For Educational Excellence Inc Boyne City, MI | $73,569 | $0 |