Persevere
- Assets
- $1.6m
- Revenue
- $6.6m
- Investments
- $0.0
- Employees
- 117
- Location
- Salt Lake City, UT
- Founding
- 01/2015
- Data as of
- 12/2022
- EIN
- 47-1039429
Organization Overview
Persevere is located in Salt Lake City, UT. The organization was established in 2015. According to its NTEE Classification (O30) the organization is classified as: Adult & Child Matching Programs, under the broad grouping of Youth Development and related organizations. As of 12/2022, Persevere employed 117 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Persevere 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 12/2022, Persevere generated $6.6m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 68.5% each year . All expenses for the organization totaled $5.9m during the year ending 12/2022. While expenses have increased by 53.1% per year over the past 4 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO EMPOWER JUSTICE-INVOLVED INDIVIDUALS AT RISK FOR FURTHER JUSTICE INVOLVEMENT TO SUCCEED AS PRODUCTIVE MEMBERS OF SOCIETY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CODING CLASSES - PERSEVERE PROVIDES SKILL-BASED VOCATIONAL TRAINING IN 6 INDUSTRY RECOGNIZED SOFTWARE-DEVELOPER CERTIFICATIONS, UPON COMPLETION OF THE PROGRAM OUR STUDENTS ARE CERTIFIED AS FULL STACK DEVELOPERS, ONE OF THE MOST SOUGHT AFTER JOBS IN TECHNOLOGY TODAY.
TRANSITION HOUSING PROGRAM - PARTICIPANTS IN THE CODING CLASS PROGAM HAVE THE OPTION TO LIVE IN TRANSITION HOUSING PROVIDED BY THE ORGANIZATION.
SUPPORT SERVICES - IN ADDITION TO TECHNOLOGY EDUCATION PERSEVERE ENROLLS ALL OF OUR STUDENTS IN CASE MANAGEMENT THAT BEGINS WHILE THE STUDENT IS INCARCERATED AND CONTINUES FOR A YEAR AFTER THEY ARE RELEASED. WE ALSO TEACH ESSENTIAL SOFT SKILLS SUCH AS CAREER READINESS AND FIVE OTHER MODULES INSIDE THE CLASSROOM AND IN THE COMMUNITY CALLED PERSEVERE+. THESE MODULES INCLUDE FINANCIAL FITNESS, EMOTIONAL WELLNESS, PHYSICAL WELLNESS, FAMILY REUNIFICATION, AND RECOVERY. PERSEVERE'S GOAL IS TO PROVIDE A HOLISTIC, WRAP-AROUND APPROACH TO RE-ENTRY WHICH INCLUDES EDUCATION, HOUSING ASSISTANCE, CASE MANAGEMENT, MENTAL HEALTH SUPPORT AND TECHNOLOGY EMPLOYMENT SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elisa Malone CEO | Officer | 40 | $42,274 |
Sean Hosman Chair | OfficerTrustee | 1 | $0 |
Casey Riley Board Member | Trustee | 1 | $0 |
Marjorie Rist Board Member | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $5,474,138 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,065,244 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,539,382 |
| Total Program Service Revenue | $0 |
| Investment income | $2 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $18,609 |
| 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 | $6,558,003 |
| 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. | $42,274 |
| Compensation of current officers, directors, key employees. | $42,274 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,247,750 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $278,861 |
| Payroll taxes | $256,012 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,440 |
| Fees for services: Accounting | $51,550 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,278,650 |
| Advertising and promotion | $45,718 |
| Office expenses | $56,430 |
| Information technology | $95,562 |
| Royalties | $0 |
| Occupancy | $135,057 |
| Travel | $123,559 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $16,773 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,363 |
| Insurance | $44,110 |
| All other expenses | $0 |
| Total functional expenses | $5,864,770 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $247,071 |
| Savings and temporary cash investments | $825,001 |
| Pledges and grants receivable | $533,097 |
| Accounts receivable, net | $0 |
| 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 | $6,980 |
| Net Land, buildings, and equipment | $7,033 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,619,182 |
| Accounts payable and accrued expenses | $294,455 |
| 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 | $665,684 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $155,294 |
| Other liabilities | $0 |
| Total liabilities | $1,115,433 |
| Net assets without donor restrictions | -$1,025,344 |
| Net assets with donor restrictions | $1,529,093 |
| 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 | $1,619,182 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Persevere Salt Lake City, UT | $1,619,182 | $6,558,003 |
The Buddy Program Inc Aspen, CO | $3,655,477 | $2,295,725 |
Larimer County Partners Inc Fort Collins, CO | $810,762 | $1,360,159 |
Denver Youth Program Denver, CO | $1,014,124 | $1,349,637 |
Friends Of The Children - Utah Kearns, UT | $1,219,594 | $1,288,349 |
San Miguel Mentoring Program Telluride, CO | $169,126 | $286,421 |
Boys to Men Mentoring Network North Central Arizona Inc Prescott, AZ | $0 | $0 |
Huerfano County Youth Services Walsenburg, CO | $63,428 | $0 |
Greater Denver Cares Denver, CO | $43,552 | $137,556 |
Ace Mentor Program Of America Inc Tempe, AZ | $274,327 | $0 |
Lady Di Talks To Youth And Parents Inc North Las Vegas, NV | $170,512 | $0 |
M W Saint Mark Grand Lodge Af & Am Inc Las Vegas, NV | $151,884 | $0 |