Pathways To Apprenticeship Inc
- Assets
- $162.6k
- Revenue
- $714.9k
- Investments
- $0.0
- Employees
- 4
- Location
- New York, NY
- Founding
- 04/2016
- Data as of
- 12/2023
- EIN
- 81-1099195
Organization Overview
Pathways To Apprenticeship Inc is located in New York, NY. The organization was established in 2016. According to its NTEE Classification (B80) the organization is classified as: Student Services, under the broad grouping of Education and related organizations. As of 12/2023, Pathways To Apprenticeship Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pathways To Apprenticeship 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 12/2023, Pathways To Apprenticeship Inc generated $714.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 27.8% each year . All expenses for the organization totaled $833.3k during the year ending 12/2023. While expenses have increased by 30.7% per year over the past 7 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE PURPOSE OF THE ORGANIZATION IS TO SEEK TO END INTERGENERATIONAL POVERTY BY PROVIDING ACCESS TO OPPORTUNITIES FOR TRANSFORMATIONAL APPRENTICESHIPS IN THE BUILDING TRADES THAT LEAD TO SOLID, MIDDLE CLASS CAREERS. THE ORGANIZATION RECRUITS, TRAINS AND MENTORS PEOPLE FROM LOW-INCOME COMMUNITIES TO BE ACCEPTED INTO AND SUCCEED IN CONSTRUCTION UNION APPRENTICESHIP PROGRAMS IN NEW YORK CITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PURPOSE OF THE ORGANIZATION IS TO SEEK TO END INTERGENERATIONAL POVERTY BY PROVIDING ACCESS TO OPPORTUNITIES FOR TRANSFORMATIONAL APPRENTICESHIPS IN THE BUILDING TRADES THAT LEAD TO SOLID, MIDDLE CLASS CAREERS. THE ORGANIZATION RECRUITS, TRAINS AND MENTORS PEOPLE FROM LOW-INCOME COMMUNITIES TO BE ACCEPTED INTO AND SUCCEED IN CONSTRUCTION UNION APPRENTICESHIP PROGRAMS IN NEW YORK CITY.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Hellstrom President - Thru 8/23 | Officer | 1 | $0 |
Monique George Director | Officer | 1 | $0 |
Afua Atta-Mensah Director - Thru 1/23 | Officer | 1 | $0 |
Sanja Jones Director - Thru 1/23 | Officer | 1 | $0 |
Davon Lomax Director | Officer | 1 | $0 |
Barrie Smith Director | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $306,799 |
| Related organizations | $0 |
| Government grants | $154,413 |
| All other contributions, gifts, grants, and similar amounts not included above | $253,718 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $714,930 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $714,930 |
| 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. | $92,855 |
| Compensation of current officers, directors, key employees. | $18,571 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $98,255 |
| Pension plan accruals and contributions | $1,320 |
| Other employee benefits | $23,626 |
| Payroll taxes | $20,435 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $18,857 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $20,339 |
| Advertising and promotion | $0 |
| Office expenses | $71,857 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $27,636 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $59,463 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,429 |
| Insurance | $5,942 |
| All other expenses | $0 |
| Total functional expenses | $833,281 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $84,657 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $22,566 |
| Accounts receivable, net | $52,629 |
| 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 | $2,738 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $162,590 |
| Accounts payable and accrued expenses | $92,089 |
| 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 | $92,089 |
| Net assets without donor restrictions | $70,501 |
| 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 | $162,590 |