Arrupe Corporate Work Study Program
- Assets
- $803.1k
- Revenue
- $2.5m
- Investments
- $0.0
- Employees
- 68
- Location
- Denver, CO
- Founding
- 03/1946
- Data as of
- 06/2023
- EIN
- 46-0508814
Organization Overview
Arrupe Corporate Work Study Program is located in Denver, CO. The organization was established in 1946. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. As of 06/2023, Arrupe Corporate Work Study Program employed 68 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Arrupe Corporate Work Study Program 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, Arrupe Corporate Work Study Program generated $2.5m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $2.5m during the year ending 06/2023. While expenses have increased by 1.2% 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
THE ARRUPE CORPORATE WORK STUDY PROGRAM'S PURPOSE AND MISSION IS TO ENABLE STUDENTS OF ARRUPE JESUIT HIGH SCHOOL TO OFFSET A SUBSTANTIAL PORTION OF THEIR SCHOOLING COSTS BY PARTICIPATING IN A WORK STUDY PROGRAM WITH LOCAL BUSINESSES WHEREBY STUDENTS GROW IN SELF-CONFIDENCE, RESPONSIBILITY, HUMAN RELATIONS SKILLS AND TEAMWORK. PARTICIPATION IN THIS PROGRAM MOTIVATES STUDENTS ACADEMICALLY WHILE IN HIGH SCHOOL AND IN THEIR DIRECTION TOWARD POST-SECONDARY EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ARRUPE CORPORATE WORK STUDY PROGRAM ALLOWED 416 ECONOMICALLY DISADVANTAGED HIGH SCHOOL STUDENTS TO PURSUE THEIR EDUCATION BY PARTICIPATING IN WORK/STUDY PROGRAMS WITH 87 LOCAL BUSINESSES WHILE ATTENDING ARRUPE JESUIT HIGH SCHOOL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael O'hagan President | OfficerTrustee | 5 | $0 |
Marco Abarca Trustee | Trustee | 1 | $0 |
Sarah Finn Trustee | Trustee | 1 | $0 |
Sylvia Harmon Trustee | Trustee | 1 | $0 |
Taylor Smith Trustee | Trustee | 1 | $0 |
Fred Herrera Trustee | 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 | $32,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $32,000 |
| Total Program Service Revenue | $2,295,721 |
| Investment income | $89 |
| 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 | $2,479,484 |
| 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. | $153,189 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $532,964 |
| Pension plan accruals and contributions | $9,966 |
| Other employee benefits | $84,382 |
| Payroll taxes | $56,538 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $29,064 |
| Advertising and promotion | $1,413 |
| Office expenses | $6,994 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $52,184 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,648 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $16,836 |
| Total functional expenses | $2,479,484 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $647,697 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $154,787 |
| 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 | $645 |
| 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 | $803,129 |
| Accounts payable and accrued expenses | $803,129 |
| 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 | $0 |
| Total liabilities | $803,129 |
| Net assets without donor restrictions | $0 |
| 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 | $803,129 |