New Haven Works Inc
- Assets
- $768.5k
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 13
- Location
- New Haven, CT
- Founding
- 08/2014
- Data as of
- 06/2021
- EIN
- 46-2662124
Organization Overview
New Haven Works Inc is located in New Haven, CT. The organization was established in 2014. According to its NTEE Classification (B60) the organization is classified as: Adult Education, under the broad grouping of Education and related organizations. As of 06/2021, New Haven Works Inc employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Haven Works 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 06/2021, New Haven Works Inc generated $1.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.9% each year. All expenses for the organization totaled $871.7k during the year ending 06/2021. While expenses have increased by 1.9% per year over the past 6 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
NEW HAVEN WORKS CONNECTS NEW HAVEN RESIDENTS TO GOOD JOBS AND EMPLOYERS TO QUALIFIED PRE-SCREENED CANDIDATES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO GROW THE LOCAL ECONOMY AND IMPROVE ECONOMIC STABILITY IN ALL COMMUNITIES BY PROVIDING EMPLOYERS WITH A TRAINED AND QUALIFIED WORKFORCE AND CONNECTING RESIDENTS TO JOBS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Melissa Mason Executive Director | Officer | 40 | $17,338 |
Jorge Perez Board Chair | OfficerTrustee | 1 | $0 |
Garrett Sheehan Secretary-Treasurer | OfficerTrustee | 1 | $0 |
Justin Elicker Director | Trustee | 1 | $0 |
David Johnson Director | Trustee | 1 | $0 |
Dorinda Manner Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $687,182 |
| All other contributions, gifts, grants, and similar amounts not included above | $400,469 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,087,651 |
| Total Program Service Revenue | $0 |
| Investment income | $369 |
| 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 | $1,088,072 |
| 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. | $17,338 |
| Compensation of current officers, directors, key employees. | $12,137 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $536,307 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $83,192 |
| Payroll taxes | $44,254 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $672 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $15,808 |
| Advertising and promotion | $935 |
| Office expenses | $8,437 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $109,339 |
| 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 | $2,966 |
| Insurance | $1,872 |
| All other expenses | $3,745 |
| Total functional expenses | $871,695 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $580,144 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $151,532 |
| Accounts receivable, net | $27,916 |
| 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 | $0 |
| Net Land, buildings, and equipment | $8,945 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $768,537 |
| Accounts payable and accrued expenses | $6,692 |
| Grants payable | $0 |
| Deferred revenue | $260,966 |
| 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 | $63,548 |
| Total liabilities | $331,206 |
| Net assets without donor restrictions | $406,659 |
| Net assets with donor restrictions | $30,672 |
| 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 | $768,537 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that New Haven Works Inc has recieved totaling $163,384.
| Awarding Organization | Amount |
|---|---|
IKEA US Community Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $150,000 |
Unite Here New Haven, CT PURPOSE: JOB TRAINING AND SUPPORT | $13,333 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $51 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Practising Law Institute New York, NY | $169,437,578 | $109,173,484 |
Bellwether Education Partners Inc Sudbury, MA | $12,819,060 | $18,147,451 |
Workforce Development Institute Inc Albany, NY | $2,796,326 | $10,204,057 |
Vhs Inc Maynard, MA | $2,159,485 | $7,029,751 |
United For Respect Education Fund Brooklyn, NY | $7,552,270 | $7,410,651 |
1st Street Foundation Inc Brooklyn, NY | $4,623,074 | $8,726,760 |
More Than Words Inc Boston, MA | $15,091,779 | $6,459,719 |
West Bay Collaborative Inc Warwick, RI | $2,617,303 | $5,710,370 |
Leading Edge Alliance Inc New York, NY | $10,397,327 | $8,264,467 |
Connecticut Center For Arts & Technology Inc New Haven, CT | $3,075,426 | $11,576,748 |
Read To Lead Inc New York, NY | $3,901,385 | $3,177,958 |
Foundation For Civic Leadership Inc Cambridge, MA | $2,419,879 | $3,718,020 |