Jobs For Kentuckys Graduates Inc
- Assets
- $1.0m
- Revenue
- $3.5m
- Investments
- $0.0
- Employees
- 12
- Location
- Lexington, KY
- Founding
- 09/2014
- Data as of
- 06/2022
- EIN
- 46-4660829
Organization Overview
Jobs For Kentuckys Graduates Inc is located in Lexington, KY. The organization was established in 2014. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 06/2022, Jobs For Kentuckys Graduates Inc employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jobs For Kentuckys Graduates 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 06/2022, Jobs For Kentuckys Graduates Inc generated $3.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 60.3% 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, Jobs For Kentuckys Graduates Inc has awarded 115 individual grants totaling $6,988,073. 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 ASSIST AT RISK STUDENTS TO GRADUATE FROM HIGH SCHOOL AND SUCCESSFULLY TRANSITION TO WORK OR FURTHER EDUCATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PROGRAM HAS BEEN ESTABLISHED IN SCHOOLS AND OUT OF SCHOOL LOCATIONS, SERVING OVER 2,600 STUDENTS THROUGH 50 PROGRAMS. 100% OF JOBS FOR KENTUCKY'S GRADUATES (JAG) STUDENTS GRADUATED FROM HIGH SCHOOL. 91.5% WERE EITHER EMPLOYED, IN POST-SECONDARY EDUCATION, OR ENLISTED IN THE MILITARY AFTER THE ONE YEAR FOLLOW UP PERIOD. JAG EXCEEDED THE JOBS FOR AMERICA'S GRADUATES 5 OF 5 CRITERIA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
George Stafford Co-Executive Director | Officer | 40 | $79,000 |
Marcie Hanson Co-Executive Director | Officer | 40 | $20,252 |
Larry Caruso Chairman | OfficerTrustee | 10 | $0 |
Barrett Bridgewater Treasurer | OfficerTrustee | 1 | $0 |
Sharon Robinson Secretary | OfficerTrustee | 1 | $0 |
Gwen Bates Vice Chairman | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $500,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $473,365 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $973,365 |
| Total Program Service Revenue | $2,538,673 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$280 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,512,551 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,744,492 |
| Grants and other assistance to domestic individuals. | $28,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $157,796 |
| Compensation of current officers, directors, key employees. | $63,118 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $400,310 |
| Pension plan accruals and contributions | $7,612 |
| Other employee benefits | $37,288 |
| Payroll taxes | $41,541 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $48,050 |
| Fees for services: Lobbying | $33,750 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $778 |
| Office expenses | $9,990 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $27,868 |
| Travel | $19,231 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $850 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $18,533 |
| Insurance | $11,522 |
| All other expenses | $3,974 |
| Total functional expenses | $2,723,031 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $900,490 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $79,452 |
| 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 | $5,560 |
| Net Land, buildings, and equipment | $40,635 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,026,137 |
| Accounts payable and accrued expenses | $47,007 |
| 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 | $100,000 |
| Total liabilities | $147,007 |
| Net assets without donor restrictions | $490,092 |
| Net assets with donor restrictions | $389,038 |
| 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 | $1,026,137 |
Grants Awarded
Over the last fiscal year, Jobs For Kentuckys Graduates Inc has awarded $1,744,492 in support to 29 organizations.
| Grant Recipient | Amount |
|---|---|
PIKE COUNTY SCHOOLS PURPOSE: PROGRAM DELIVERY | $237,134 |
FAYETTE COUNTY PUBLIC SCHOOLS PURPOSE: PROGRAM DELIVERY | $185,000 |
SCOTT COUNTY HIGH SCHOOL PURPOSE: PROGRAM DELIVERY | $140,000 |
CLAY COUNTY PUBLIC SCHOOLS PURPOSE: PROGRAM DELIVERY | $80,000 |
JOHNSON COUNTY SCHOOLS PURPOSE: PROGRAM DELIVERY | $80,000 |
FLEMING COUNTY SCHOOLS PURPOSE: PROGRAM DELIVERY | $80,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Jobs For Kentuckys Graduates Inc has recieved totaling $20,000.
| Awarding Organization | Amount |
|---|---|
Strada Education Network Inc Indianapolis, IN PURPOSE: OPERATING GRANT | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Camc Health Education And Research Institute Inc Charleston, WV | $10,132,150 | $15,955,209 |
Childrens Center For Developmental Enrichment Westerville, OH | $12,309,399 | $12,926,419 |
National Association For College Admission Counseling Inc Arlington, VA | $22,607,858 | $9,863,408 |
Riverbend Head Start Delegate Inc Alton, IL | $2,230,032 | $11,645,370 |
Edchoice Inc Indianapolis, IN | $20,542,454 | $10,117,129 |
Teachers Treasures Inc Indianapolis, IN | $1,070,406 | $9,359,257 |
Rev1 Ventures Columbus, OH | $21,187,153 | $10,381,705 |
Memphis Education Fund Inc Memphis, TN | $2,536,598 | $5,955,711 |
Academy For Urban School Leadership Chicago, IL | $9,385,123 | $10,302,671 |
Primo Center For Women And Children Chicago, IL | $5,281,489 | $8,337,109 |
North Chicago Education Fund Chicago, IL | $29,249,144 | $33,611 |
Preschool Promise Inc Dayton, OH | $4,299,915 | $8,117,368 |