Harrison Center For Career Education is located in Washington, DC. The organization was established in 1986. 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. Harrison Center For Career Education 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, Harrison Center For Career Education generated $1.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.9% each year. All expenses for the organization totaled $909.5k during the year ending 06/2022. 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
SEE PART III, LINE 1.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUR MOST SIGNIFICANT PROGRAMS INCLUDE: ADULT EDUCATION, JOB READINESS, GED PREPARATION, CASE MANAGEMENT AND STUDENT SUPPORT, ACADEMIC SKILLS BUILDING, CAREER EXPOSURE AND PLANNING.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Tycely Williams Chair | OfficerTrustee | 2 | $0 |
Sandy Won Vice Chair | OfficerTrustee | 2 | $0 |
Amie Wright Treasurer | OfficerTrustee | 2 | $0 |
Carole Burnett Secretary | OfficerTrustee | 2 | $0 |
Teresa Schwartz At-Large | OfficerTrustee | 2 | $0 |
Micha'le Simmons At-Large | OfficerTrustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $580,380 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $580,380 |
Total Program Service Revenue | $27,000 |
Investment income | $556,536 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $696,139 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,860,229 |
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. | $78,256 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $179,695 |
Pension plan accruals and contributions | $3,649 |
Other employee benefits | $14,908 |
Payroll taxes | $22,422 |
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 | $81,360 |
Fees for services: Other | $5,285 |
Advertising and promotion | $0 |
Office expenses | $4,409 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $445,191 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $14 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $73,548 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $909,464 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $6,050 |
Savings and temporary cash investments | $167,487 |
Pledges and grants receivable | $0 |
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 | $0 |
Net Land, buildings, and equipment | $322,396 |
Investments—publicly traded securities | $13,895,530 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $3,283,676 |
Total assets | $17,675,139 |
Accounts payable and accrued expenses | $0 |
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 | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $2,266,734 |
Net assets with donor restrictions | $15,408,405 |
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 | $17,675,139 |