Iowa Jag Inc
- Assets
- $7.5m
- Revenue
- $15.4m
- Investments
- $0.0
- Employees
- 215
- Location
- Des Moines, IA
- Founding
- 12/1999
- Data as of
- 06/2023
- EIN
- 42-1492988
Organization Overview
Iowa Jag Inc is located in Des Moines, IA. The organization was established in 1999. 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 06/2023, Iowa Jag Inc employed 215 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Iowa Jag 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 06/2023, Iowa Jag Inc generated $15.4m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 23.7% each year . All expenses for the organization totaled $13.6m during the year ending 06/2023. While expenses have increased by 23.6% per year over the past 8 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
IJAG ENSURES A FUTURE IOWA WHERE YOUTH ARE RESILIENT AND WELL-PREPARED WITH SKILLS, PURPOSE, AND OPPORTUNITIES. THROUGH COLLABORATIVE PARTNERSHIPS AND INNOVATIVE APPROACHES, WE BRIDGE THE GAP BETWEEN EDUCATION AND EMPLOYMENT TO BUILD STRONG COMMUNITIES AND UNLOCK THE POTENTIAL OF EVERY STUDENT, NO MATTER WHAT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IOWA JOBS FOR AMERICAS GRADUATES (IJAG) IS A PUBLIC-PRIVATE PARTNERSHIP THAT ENERGIZES LOCAL ECONOMIES AND CONTRIBUTES TO THRIVING COMMUNITIES. WE ARE THE BRIDGE BETWEEN PUBLIC EDUCATION AND THE WORLD-OF-WORK, OFFERING PROGRAMMING THAT COMPLEMENTS MIDDLE AND HIGH SCHOOL ACADEMICS BY PREPARING STUDENTS TO LOOK PAST GRADUATION, TOWARD A CAREER THAT OFFERS FULFILLING WORK AND FINANCIAL SELF-SUFFICIENCY.IJAG OFFERS A CLASSROOM EXPERIENCE DESIGNED TO EMPOWER STUDENTS IN OVERCOMING PERSONAL BARRIERS AND DEVELOPING ESSENTIAL LIFE SKILLS. THIS PROGRAM IS HOUSED WITHIN PARTNERING SCHOOLS AND IS DELIVERED DURING THE REGULAR SCHOOL DAY, FOR ACADEMIC CREDIT. MIDDLE AND HIGH SCHOOL STUDENTS DEDICATE THEMSELVES TO MASTERING CORE COMPETENCIES AND NETWORKING WITH BUSINESS AND COMMUNITY LEADERS TO BUILD AN UNDERSTANDING OF EXPECTATIONS AND OPPORTUNITIES IN THE WORKPLACE. IJAG STUDENTS ACTIVELY PARTICIPATE IN COMMUNITIES THROUGH IMPACTFUL SERVICE PROJECTS, COLLABORATE WITH CIVIC LEADERS WHILE ADVOCATING FOR THEIR PROGRAMS, AND ENGAGE WITH EMPLOYERS AS THEY EXPLORE AND PREPARE FOR THEIR FUTURE CAREERS. STUDENTS DEVELOP LEADERSHIP SKILLS AND DESIGN A PLAN FOR CONTINUAL GROWTH AND IMPROVEMENT.AS STUDENTS LEARN THESE SKILLS, DATA SHOWS ATTENDANCE AND ACHIEVEMENT INCREASES, GRADUATION RATES CLIMB, AND THEY SUCCESSFULLY TRANSITION TO INDEPENDENCE IN CAREERS, MILITARY SERVICE OR POST-SECONDARY EDUCATION. IJAG STAYS CONNECTED TO STUDENTS FOR 12 MONTHS AFTER THEY GRADUATE FROM HIGH SCHOOL.IJAG ACHIEVES COLLECTIVE CHANGE BY ESTABLISHING COMMUNITY, BUILDING WORKFORCE AND LIFE SKILLS, AND DELIVERING REAL-WORLD EXPERIENCES THAT LEAD TO STUDENTS BELONGING, GROWTH, AND READINESS.IJAG DEPENDS ON FINANCIAL INVESTMENTS FROM PRIVATE BUSINESSES, AGENCIES, AND STATE GOVERNMENT TO SUSTAIN EFFORTS AND EXPAND PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laurie Phelan CEO | OfficerTrustee | 40 | $288,467 |
Dustin Blythe Director | Trustee | 1 | $0 |
Dee Vanderhoef Director | Trustee | 1 | $0 |
Pat Romig Director | Trustee | 1 | $0 |
Kelly Stevenson Director | Trustee | 1 | $0 |
Representative Tom Moore Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,233,786 |
| Noncash contributions included in lines 1a–1f | $1,193,436 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,233,786 |
| Total Program Service Revenue | $12,039,706 |
| Investment income | $136,368 |
| 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 | $15,441,960 |
| 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. | $296,130 |
| Compensation of current officers, directors, key employees. | $14,806 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $8,745,930 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,226,855 |
| Payroll taxes | $697,700 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $71,325 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $74,370 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $285,847 |
| Advertising and promotion | $0 |
| Office expenses | $46,228 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,142,424 |
| Travel | $109,510 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $234 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $65,133 |
| Insurance | $30,272 |
| All other expenses | $58,926 |
| Total functional expenses | $13,596,871 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,194,985 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,307,695 |
| Accounts receivable, net | $46,459 |
| 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 | $62,912 |
| Net Land, buildings, and equipment | $236,480 |
| Investments—publicly traded securities | $4,512,940 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $119,679 |
| Total assets | $7,481,150 |
| Accounts payable and accrued expenses | $882,292 |
| 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 | $419,784 |
| Total liabilities | $1,302,076 |
| Net assets without donor restrictions | $4,884,556 |
| Net assets with donor restrictions | $1,294,518 |
| 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 | $7,481,150 |