Skillpoint Alliance
- Assets
- $1.0m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 15
- Location
- Austin, TX
- Founding
- 09/1994
- Data as of
- 12/2021
- EIN
- 74-2704188
Organization Overview
Skillpoint Alliance is located in Austin, TX. The organization was established in 1994. According to its NTEE Classification (J22) the organization is classified as: Job Training, under the broad grouping of Employment and related organizations. As of 12/2021, Skillpoint Alliance employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Skillpoint Alliance 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 12/2021, Skillpoint Alliance generated $1.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (8.4%) each year. All expenses for the organization totaled $1.3m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (10.6%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF SKILLPOINT ALLIANCE IS TO PROVIDE A GATEWAY FOR INDIVIDUALS TO TRANSFORM THEIR LIVES THROUGH RIGOROUS SKILLS-BASED TRAINING AND EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SKILLPOINT ALLIANCE IS A WORKFORCE DEVELOPMENT ORGANIZATION THAT PREPARES PEOPLE FOR HIGH-DEMAND CAREERS BY PROVIDING FAST-PACED, IN-DEMAND JOB TRAINING FOR ADULTS. SKILLPOINT'S PROGRAMS PROVIDE THE ACCESS NECESSARY FOR INDIVIDUALS TO BREAK THROUGH BARRIERS TO EMPLOYMENT AND TRANSFORM THEIR LIVES THROUGH SKILLS-BASED TRAINING AND EDUCATION. SKILLPOINT ALSO SERVES REGIONAL EMPLOYERS' NEED FOR A QUALIFIED WORKFORCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin Brackmeyer Chief Executive Officer | Officer | 40 | $131,262 |
Amy Corbett Chief Finance Officer | Officer | 40 | $82,486 |
Melanie Flowers Chair | OfficerTrustee | 1 | $0 |
Catherine Morse Chair-Elect | OfficerTrustee | 1 | $0 |
Derrick Bonyuet Treasurer | OfficerTrustee | 1 | $0 |
Andrew Cates Secretary | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $12,075 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,017,082 |
| All other contributions, gifts, grants, and similar amounts not included above | $343,285 |
| Noncash contributions included in lines 1a–1f | $7,625 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,372,442 |
| Total Program Service Revenue | $123,645 |
| Investment income | $1,288 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $1,501,443 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $4,084 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $236,182 |
| Compensation of current officers, directors, key employees. | $97,776 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $530,057 |
| Pension plan accruals and contributions | $8,621 |
| Other employee benefits | $63,576 |
| Payroll taxes | $63,789 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,206 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $103,758 |
| Advertising and promotion | $19,121 |
| Office expenses | $32,497 |
| Information technology | $6,806 |
| Royalties | $0 |
| Occupancy | $98,590 |
| Travel | $2,209 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,300 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,589 |
| Insurance | $10,406 |
| All other expenses | $12,331 |
| Total functional expenses | $1,294,092 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $106,665 |
| Savings and temporary cash investments | $588,343 |
| Pledges and grants receivable | $291,448 |
| Accounts receivable, net | $897 |
| 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 | $10,780 |
| Net Land, buildings, and equipment | $15,850 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,013,983 |
| Accounts payable and accrued expenses | $47,873 |
| 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 | $47,873 |
| Net assets without donor restrictions | $929,857 |
| Net assets with donor restrictions | $36,253 |
| 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 | $1,013,983 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Skillpoint Alliance has recieved totaling $216,396.
| Awarding Organization | Amount |
|---|---|
Michael & Susan Dell Foundation Austin, TX PURPOSE: BUILDING CAPACITY TO SUPPORT SKILLED TRADE EMPLOYMENT IN CTX | $110,000 |
Sooch Foundation Austin, TX PURPOSE: TO SUPPORT ORGANIZATION'S PURPOSE | $70,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $15,096 |
The Topfer Family Foundation Austin, TX PURPOSE: TO SPPORT SELF-SUFFICIENCY JOB TRAINING PROGRAM | $12,500 |
Austin Community Foundation Austin, TX PURPOSE: BOARD MEMBER DONATION | $8,800 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Workforce Solutions For South Texas Laredo, TX | $2,166,011 | $19,867,882 |
Deep East Texas Local Workforce Development Board Incorporated Lufkin, TX | $1,729,428 | $18,410,549 |
Launch Global Richardson, TX | $5,975,467 | $10,354,602 |
Rural Capital Area Workforce Development Board Inc Cedar Park, TX | $3,449,616 | $9,394,999 |
Project Quest Inc San Antonio, TX | $2,369,598 | $9,372,995 |
Texas Educational Foundation Inc San Antonio, TX | $1,129,254 | $386,993 |
Gulf Coast Carpenters & Millwrights Training Trust Fund Austin, TX | $15,423,241 | $7,036,287 |
Southwestern Line Construction Electrical Joint Apprenticeship Albuquerque, NM | $14,369,563 | $8,044,899 |
Employment Resources Inc Tulsa, OK | $2,608,990 | $4,335,874 |
C L C Inc Fort Worth, TX | $2,716,562 | $3,129,165 |
Joint Apprentice Committee Of Local Union 211 Deer Park, TX | $12,119,374 | $2,928,345 |
Houstons Capital Investing In Development & Employment Of Adults Houston, TX | $725,437 | $2,217,436 |