Jobsfirstnyc
- Assets
- $3.5m
- Revenue
- $2.3m
- Investments
- $0.0
- Employees
- 11
- Location
- New York, NY
- Founding
- 10/2007
- Data as of
- 06/2022
- EIN
- 41-2242653
Organization Overview
Jobsfirstnyc is located in New York, NY. The organization was established in 2007. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. As of 06/2022, Jobsfirstnyc employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jobsfirstnyc 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 06/2022, Jobsfirstnyc generated $2.3m in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $2.7m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Jobsfirstnyc has awarded 87 individual grants totaling $3,050,753. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO LEVERAGE ALL AVAILABLE COMMUNITY, CORPORATE, HUMAN, ORGANIZATION, PRIVATE AND PUBLIC RESOURCES TO BRING OUT-OF-SCHOOL & OUT-OF-WORK YOUNG ADULTS INTO THE ECONOMIC LIFE OF NYC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY SOLUTIONS: SEE SCHEDULE O
RAISING CONSCIOUSNESS/SYSTEMS CHANGE AND PUBLIC POLICY: USING THE LESSONS LEARNED FROM OUR ON-THE-GROUND PRACTICE AND ROBUST RESEARCH, WE SHAPE INNOVATIVE POLICIES THAT IMPROVE ACCESS TO ECONOMIC OPPORTUNITIES. JOBSFIRSTNYC FOCUSES ON POLICY CHANGE TO PREPARE YOUNG ADULTS FOR THE FUTURE OF WORK THROUGH A SINGLE-SYSTEM STRATEGY THAT EMBRACES FOUR KEY ELEMENTS:1. DATA INFORMED - USES AND SHARES DATA TO: (A) DETERMINE LEVEL AND TYPE OF INVESTMENT; (B) INFORM STRATEGIES FOR SPECIFIC SUBGROUPS; AND (C) MEASURE SYSTEM EFFECTIVENESS.2. COORDINATED FUNDING - ALIGNS PUBLIC AND PRIVATE FUNDING TO COORDINATE ALL SERVICES AND OPPORTUNITIES.3. EASY USER ACCESS - KEEPS THE END-USER IN MIND BY FOSTERING A "NO WRONG DOOR" APPROACH AND HAVING A "ONE-STOP SHOP" ONLINE PLATFORM AND SERVICE DELIVERY MODEL THAT CONNECTS YOUNG ADULTS TO OPPORTUNITIES ACCORDING TO THEIR INTERESTS, SKILLS, AND NEEDS.4. RESPONSIVE PROGRAM DESIGN - FEATURES LONGER ON-RAMPS AND OFF-RAMPS CONNECTED TO SOCIAL SERVICES AND CASE MANAGEMENT SUPPORT THAT MORE ACCURATELY REFLECTS THE INTENSIVE NEEDS OF OUT-OF-SCHOOL, OUT-OF-WORK YOUNG ADULTS. BY SUPPORTING YOUNG ADULTS ACROSS A CONTINUUM, SUCH A SYSTEM SHOULD: INTERVENE WHILE YOUNG ADULTS WHO ARE MOST AT RISK OF BECOMING OUT OF SCHOOL AND OUT OF WORK ARE IN HIGH SCHOOL; CONNECT CURRENT OUT OF SCHOOL, OUT OF WORK YOUNG ADULTS TO EDUCATION AND EMPLOYMENT OPPORTUNITIES; AND, ADVANCE YOUNG ADULTS WHO ARE MARGINALLY CONNECTED TO EDUCATION AND EMPLOYMENT OPPORTUNITIES TO ENSURE THEIR FINANCIAL SECURITY AND INDEPENDENCE. WE AIM TO INCREASE PUBLIC INVESTMENT IN THE EDUCATION AND WORKFORCE DEVELOPMENT SYSTEMS ACROSS NEW YORK CITY AND NEW YORK STATE AND BREAK DOWN POLICY BARRIERS. ONE COLLABORATIVE PROJECT IS THE INVEST IN SKILLS NEW YORK CAMPAIGN THAT ALIGNS ECONOMIC AND WORKFORCE DEVELOPMENT ACROSS NEW YORK CITY AND STATE AND HAS RESULTED IN A $175M STATEWIDE INVESTMENT.
EDUCATIONAL SOLUTIONS: SEE SCHEDULE O
WORK SOLUTIONS: SEE SCHEDULE O
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alan Momeyer Chair | OfficerTrustee | 3 | $0 |
Greg Hambric Secretary | OfficerTrustee | 1 | $0 |
Angela Ortiz Treasurer | OfficerTrustee | 1 | $0 |
Annett O'hanlon Director | Trustee | 1 | $0 |
Leanne Bennett Director Thru 12/31/21 | Trustee | 1 | $0 |
John Goldman Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $211,817 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,725,979 |
| Noncash contributions included in lines 1a–1f | $100,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,937,796 |
| Total Program Service Revenue | $0 |
| Investment income | $323 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$4,776 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,282,568 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $910,526 |
| 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. | $343,976 |
| Compensation of current officers, directors, key employees. | $21,826 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $637,638 |
| Pension plan accruals and contributions | $17,715 |
| Other employee benefits | $47,650 |
| Payroll taxes | $68,187 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $124,458 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $229,564 |
| Advertising and promotion | $0 |
| Office expenses | $31,175 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $116,269 |
| Travel | $30,276 |
| 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 | $33,078 |
| Insurance | $6,867 |
| All other expenses | $0 |
| Total functional expenses | $2,663,572 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $151,846 |
| Savings and temporary cash investments | $1,581,091 |
| Pledges and grants receivable | $1,611,500 |
| Accounts receivable, net | $11,510 |
| 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 | $39,872 |
| Net Land, buildings, and equipment | $61,859 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $80,000 |
| Total assets | $3,537,678 |
| Accounts payable and accrued expenses | $497,511 |
| Grants payable | $0 |
| Deferred revenue | $79,893 |
| 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 | $0 |
| Total liabilities | $577,404 |
| Net assets without donor restrictions | $918,514 |
| Net assets with donor restrictions | $2,041,760 |
| 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 | $3,537,678 |
Grants Awarded
Over the last fiscal year, Jobsfirstnyc has awarded $910,526 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
CENTRAL BROOKLYN ECONOMIC DEVELOPMENT CORPORATION PURPOSE: SIGNATURE PROJECT | $282,299 |
COMPREHENSIVE YOUTH DEVELOPMENT INC PURPOSE: SIGNATURE PROJECT | $46,750 |
GOOD SHEPHERD SERVICES PURPOSE: SIGNATURE PROJECT | $75,000 |
GREEN CITY FORCE PURPOSE: SIGNATURE PROJECT | $10,000 |
HENRY STREET SETTLEMENT PURPOSE: SIGNATURE PROJECT | $25,000 |
NONTRADITIONAL EMPLOYMENT FOR WOMEN PURPOSE: SIGNATURE PROJECT | $10,000 |