Four Block Foundation Inc
- Assets
- $2.7m
- Revenue
- $2.6m
- Investments
- $0.0
- Employees
- 46
- Location
- New York, NY
- Founding
- 05/2014
- Data as of
- 12/2021
- EIN
- 46-3575713
Organization Overview
Four Block Foundation Inc is located in New York, NY. The organization was established in 2014. According to its NTEE Classification (J20) the organization is classified as: Employment Preparation & Procurement, under the broad grouping of Employment and related organizations. As of 12/2021, Four Block Foundation Inc employed 46 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Four Block Foundation 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 12/2021, Four Block Foundation Inc generated $2.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 31.0% each year . All expenses for the organization totaled $3.0m during the year ending 12/2021. 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
WE SUPPORT, EDUCATE, AND PREPARE RETURNING ENLISTED SERVICE MEMBERS WITH PURSUING MEANINGFUL CAREERS THAT CAPITALIZE ON THEIR INTERESTS, STRENGTHS, AND CAPABILITIES. WE ALSO ASSIST AND ADVISE EMPLOYERS WITH ATTRACTING AND ON-BOARDING VETERANS THAT ARE A SKILLS AND CULTURAL MATCH AT THEIR COMPANIES. OUR MANTRA IS "THE RIGHT VETERAN, THE RIGHT CAREER."
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE SUPPORT, EDUCATE, AND PREPARE RETURNING ENLISTED SERVICE MEMBERS WITH PURSUING MEANINGFUL CAREERS THAT CAPITALIZE ON THEIR INTERESTS, STRENGTHS, AND CAPABILITIES. WE ALSO ASSIST AND ADVISE EMPLOYERS WITH ATTRACTING AND ON-BOARDING VETERANS THAT ARE A SKILLS AND CULTURAL MATCH AT THEIR COMPANIES. OUR MANTRA IS "THE RIGHT VETERAN, THE RIGHT CAREER."
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Abrams Non Voting President | OfficerTrustee | 50 | $193,506 |
Missy Owens Chair | OfficerTrustee | 4 | $0 |
Rick Miners Treasurer | OfficerTrustee | 4 | $0 |
Rich Stehl Secretary | OfficerTrustee | 2 | $0 |
Charles Krulak Non Voting Honorary Chrman | Trustee | 0 | $0 |
Darren Sumter Director | Trustee | 0 | $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 | $2,545,792 |
| Noncash contributions included in lines 1a–1f | $1,069,750 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,545,792 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $2,550,639 |
| 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. | $186,093 |
| Compensation of current officers, directors, key employees. | $30,905 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $884,736 |
| Pension plan accruals and contributions | $196,752 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| 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 | $130,884 |
| Advertising and promotion | $888,003 |
| Office expenses | $23,287 |
| Information technology | $7,986 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $9,053 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $5,703 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $261,768 |
| Insurance | $7,628 |
| All other expenses | $0 |
| Total functional expenses | $3,006,853 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,308,180 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $689,250 |
| 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 | $11,290 |
| Net Land, buildings, and equipment | $656,855 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,800 |
| Total assets | $2,669,375 |
| Accounts payable and accrued expenses | $153,616 |
| 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 | $358,800 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $512,416 |
| Net assets without donor restrictions | $1,407,209 |
| Net assets with donor restrictions | $749,750 |
| 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 | $2,669,375 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Four Block Foundation Inc has recieved totaling $306,422.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $101,422 |
Silicon Valley Community Foundation Mountain View, CA PURPOSE: Workforce Development | $100,000 |
Adp Foundation Roseland, NJ PURPOSE: CHARITABLE CONTRIBUTION | $50,000 |
The Seattle Foundation Seattle, WA PURPOSE: TO PROVIDE GENERAL SUPPORT | $35,000 |
American Vets Group Foundation Inc Melville, NY PURPOSE: TO ASSIST STUDENT VETERANS WITH TOOLS TO DEVELOP PROFESSIONAL FOUNDATIONS | $10,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Telecommuting Institute Boston, MA | $7,581,785 | $15,508,649 |
Masshire Hampden County Workforce Board Inc Springfield, MA | $3,346,725 | $13,329,757 |
South Middlesex Non-Profit Housing Corporation Framingham, MA | $86,868,885 | $12,461,508 |
Lifestyles For The Disabled Inc Staten Island, NY | $5,937,706 | $11,027,240 |
Vermont Associates For Training & Development Inc St Albans, VT | $530,190 | $11,812,343 |
Buffalo And Erie County Workforce Development Consortium Inc Buffalo, NY | $1,944,049 | $11,546,333 |
Eastern Connecticut Workforce Investment Board Inc Franklin, CT | $2,220,849 | $11,033,375 |
Impact Services Corp Philadelphia, PA | $10,268,783 | $12,440,470 |
Workforce Alliance Inc New Haven, CT | $2,201,686 | $11,291,916 |
Academy Of Management Inc Briarcliff Manor, NY | $56,747,597 | $15,919,073 |
Career Resources Inc Bridgeport, CT | $3,329,042 | $9,544,012 |
Metro North Regional Employment Board Cambridge, MA | $4,304,049 | $8,929,878 |