Jubilee Jobs Inc
- Assets
- $2.6m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 11
- Location
- Washington, DC
- Founding
- 03/1983
- Data as of
- 12/2022
- EIN
- 52-1248559
Organization Overview
Jubilee Jobs Inc is located in Washington, DC. The organization was established in 1983. 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 12/2022, Jubilee Jobs Inc employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jubilee Jobs 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 12/2022, Jubilee Jobs Inc generated $1.1m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $1.1m during the year ending 12/2022. While expenses have increased by 1.6% per year over the past 8 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
JOB PLACEMENT FOR THE MARGINALLY EMPLOYABLE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EMPLOYMENT SERVICES: PLACEMENT OF UNEMPLOYED IN MARKETPLACE JOBS, PRELIMINARY INTERVIEW OF APPLICANTS AND ARRANGEMENT OF INTERVIEWS WITH EMPLOYERS, NO FEES COLLECTED FROM APPLICANTS OR EMPLOYERS.
EMPLOYMENT SERVICES IN SE: PLACEMENT OF UNEMPLOYED IN MARKETPLACE JOBS, PRELIMINARY INTERVIEW OF APPLICANTS AND ARRANGEMENT OF INTERVIEWS WITH EMPLOYERS, NO FEES COLLECTED FROM APPLICANTS OR EMPLOYERS.
JOB FRIENDS PROGRAM: FOCUS ON JOB RETENTION AND ADVANCEMENT PROVIDE A COMMUNITY BASE OF SUPPORT AND MOTIVATION.
JUBILEE JOBS - EMERGING LEADERS PROGRAM THE EMERGING LEADERS PROGRAM IS DESIGNED TO HELP EVERY YOUNG ADULT FIND APPROPRIATE WORK, PASSION FOR THE FUTURE AND THE TOOLS, EDUCATION, AND RELATIONSHIPS FOR THEIR DREAMS TO BECOME REALITY. THE PROGRAM GOALS ARE TO: "PROVIDE PROFESSIONAL, COMPASSIONATE JOB PREPARATION, JOB PLACEMENT, AND JOB RETENTION SERVICES. "SUPPORT APPLICANTS THROUGHOUT THEIR DISCOVERY PROCESS TO DEFINE A CAREER GOALS AND ACTIONABLE NEXT STEPS. "ENCOURAGE PARTICIPANTS TO FURTHER THEIR EDUCATION BY OBTAINING EITHER GED, ASSOCIATE'S DEGREE, BACHELOR'S DEGREE OR CERTIFICATION FROM A VOCATIONAL SCHOOL. "CONNECT EMERGING LEADERS WITH THE ACCESS TO RESOURCES (I.E. SCHOLARSHIPS, CONNECTIONS, JOBS) TO FURTHER PERSONAL AND PROFESSIONAL GROWTH. 2021 STATS ON EMERGING LEADERS: 77 EMERGING LEADERS PLACED IN JOBS. JJ PARTNERED WITH BALLOU HIGH SCHOOL DURING THE 21/22 SCHOOL YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nora Cameron Secretary | OfficerTrustee | 1 | $0 |
Ron Castaldi Director | Trustee | 1 | $0 |
Joseph Deck Director | Trustee | 1 | $0 |
Erich Eiselt Chairperson | OfficerTrustee | 1 | $0 |
John Hisle Director | Trustee | 1 | $0 |
Cidette Perrin Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $2,837 |
| Membership dues | $0 |
| Fundraising events | $78,700 |
| Related organizations | $0 |
| Government grants | $188,122 |
| All other contributions, gifts, grants, and similar amounts not included above | $653,347 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $923,006 |
| Total Program Service Revenue | $0 |
| Investment income | $23,281 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $9,900 |
| Net Gain/Loss on Asset Sales | -$18,617 |
| Net Income from Fundraising Events | -$24,620 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,144,860 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $620,751 |
| Pension plan accruals and contributions | $7,510 |
| Other employee benefits | $25,376 |
| Payroll taxes | $53,438 |
| 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 | $0 |
| Advertising and promotion | $0 |
| Office expenses | $64,606 |
| Information technology | $50,569 |
| Royalties | $0 |
| Occupancy | $10,097 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $8,378 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $16,441 |
| Insurance | $12,818 |
| All other expenses | $63,243 |
| Total functional expenses | $1,128,613 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $495,150 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $425,090 |
| Accounts receivable, net | $139,816 |
| 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 | $9,554 |
| Net Land, buildings, and equipment | $541,455 |
| Investments—publicly traded securities | $940,047 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,551,112 |
| Accounts payable and accrued expenses | $110,553 |
| Grants payable | $0 |
| Deferred revenue | $352,509 |
| 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 | $222,691 |
| Other liabilities | $0 |
| Total liabilities | $685,753 |
| Net assets without donor restrictions | $1,865,359 |
| Net assets with donor restrictions | $0 |
| 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 | $2,551,112 |