Jobs For Americas Graduates Inc
- Assets
- $6.7m
- Revenue
- $5.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Alexandria, VA
- Founding
- 11/1980
- Data as of
- 12/2020
- EIN
- 52-1194546
Organization Overview
Jobs For Americas Graduates Inc is located in Alexandria, VA. The organization was established in 1980. According to its NTEE Classification (J20) the organization is classified as: Employment Preparation & Procurement, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jobs For Americas 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 12/2020, Jobs For Americas Graduates Inc generated $5.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $4.7m during the year ending 12/2020. While expenses have increased by 5.1% 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.
Since 2014, Jobs For Americas Graduates Inc has awarded 188 individual grants totaling $8,617,329. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
SCHOOL TO CAREER PROGRAM TARGETED TO ASSIST AT-RISK YOUTH
Describe the Organization's Program Activity:
Part 3 - Line 4a
JOBS FOR AMERICA'S GRADUATES (JAG) IS A 40-YEAR-OLD, STATE-BASED NATIONAL NON-PROFIT SERVING YOUNG PEOPLE WHO FACE SIGNIFICANT ACADEMIC, ECONOMIC AND SOCIAL CHALLENGES SO THEY GRADUATE FROM HIGH SCHOOL AND SUCCESSFULLY TRANSITION TO POST-SECONDARY EDUCATION AND/OR MEANINGFUL EMPLOYMENT. JAG HAS SERVED OVER 1.5 MILLION STUDENTS SINCE ITS INCEPTION AND IS CURRENTLY HELPING 76,000 YOUNG PEOPLE IN NEARLY 1,450 COMMUNITIES AND OTHER LOCATIONS IN 40 STATES TO ACHIEVE ACADEMIC, CAREER AND LIFE SUCCESS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kenneth M Smith President / CEO | OfficerTrustee | 40 | $0 |
Governor Kim Reynolds Vice Chair | OfficerTrustee | 1 | $0 |
Governor John Bel Edwards Chairman | OfficerTrustee | 1 | $0 |
James J Duffy Cit Treasurer | OfficerTrustee | 1 | $0 |
Dr Sharon Robinson Corporate Secretary | OfficerTrustee | 1 | $0 |
Thomas Tauke Executive Committee Chair | OfficerTrustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Corporate Education Resources Inc Field Services | 12/30/20 | $420,390 |
Strategic Partnerships Llc Management Services | 12/30/20 | $1,612,251 |
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 | $3,762,466 |
| Noncash contributions included in lines 1a–1f | $5,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,762,466 |
| Total Program Service Revenue | $1,509,050 |
| Investment income | $48,921 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$52,329 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,268,108 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,472,520 |
| Grants and other assistance to domestic individuals. | $84,311 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $1,576,251 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $24,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $36,413 |
| Fees for services: Other | $66,537 |
| Advertising and promotion | $0 |
| Office expenses | $14,347 |
| Information technology | $100,527 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $7,700 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $81,890 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $31,746 |
| All other expenses | $146,536 |
| Total functional expenses | $4,731,665 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $658,277 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $696,015 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $100,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $148,343 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $5,102,638 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,705,273 |
| Accounts payable and accrued expenses | $108,675 |
| Grants payable | $265,000 |
| Deferred revenue | $721,911 |
| 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 | $1,095,586 |
| Net assets without donor restrictions | $4,597,340 |
| Net assets with donor restrictions | $1,012,347 |
| 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 | $6,705,273 |
Grants Awarded
Over the last fiscal year, Jobs For Americas Graduates Inc has awarded $1,401,657 in support to 26 organizations.
| Grant Recipient | Amount |
|---|---|
Benton Harbor, MI PURPOSE: TO SUPPORT AND ENCOURAGE THE GROWTH AND SUSTAINMENT OF JAG STATE AFFILIATES. | $130,000 |
Akron, OH PURPOSE: TO SUPPORT AND ENCOURAGE THE GROWTH AND SUSTAINMENT OF JAG STATE AFFILIATES. | $125,000 |
Phoenix, AZ PURPOSE: TO SUPPORT AND ENCOURAGE THE GROWTH AND SUSTAINMENT OF JAG STATE AFFILIATES. | $125,000 |
Lexington, KY PURPOSE: TO SUPPORT AND ENCOURAGE THE GROWTH AND SUSTAINMENT OF JAG STATE AFFILIATES. | $121,000 |
Des Moines, IA PURPOSE: TO SUPPORT AND ENCOURAGE THE GROWTH AND SUSTAINMENT OF JAG STATE AFFILIATES. | $115,000 |
Lockwood, MO PURPOSE: TO SUPPORT AND ENCOURAGE THE GROWTH AND SUSTAINMENT OF JAG STATE AFFILIATES. | $107,500 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Jobs For Americas Graduates Inc has recieved totaling $20,000.
| Awarding Organization | Amount |
|---|---|
The Pruitt Foundation Inc Chantilly, VA PURPOSE: FURTHERANCE OF CHARITABLE PURPOSES | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Generation Usa Washington, DC | $17,938,466 | $7,677,123 |
Change Incorporated Weirton, WV | $10,912,278 | $21,367,906 |
Opportunities Industrialization Center Inc Rocky Mount, NC | $10,127,019 | $21,768,634 |
Skills Usa Inc Leesburg, VA | $8,575,895 | $14,271,991 |
Opportunity At Work Inc Washington, DC | $8,759,075 | $9,572,974 |
Southeast Community Capital Corporation Nashville, TN | $264,396,878 | $22,555,455 |
Second Chance Inc Baltimore, MD | $22,971,247 | $13,264,528 |
Northern Middle Tennessee Local Workforce Development Board Inc Clarksville, TN | $2,905,431 | $10,764,896 |
Anne Arundel Workforce Development Corporation Inc Millersville, MD | $2,854,225 | $10,470,291 |
Workforce Essentials Inc Clarksville, TN | $30,139,027 | $9,106,360 |
Experience Works Inc Severna Park, MD | $76,388 | $8,997,468 |
Urban Alliance Foundation Inc Washington, DC | $17,000,062 | $13,601,733 |