Careerwise Colorado is located in Denver, CO. The organization was established in 2016. According to its NTEE Classification (B02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Education and related organizations. As of 12/2021, Careerwise Colorado employed 56 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Careerwise Colorado 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, Careerwise Colorado generated $6.3m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 12.5% each year . All expenses for the organization totaled $6.2m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Careerwise Colorado has awarded 39 individual grants totaling $3,074,752. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
DEVELOP AND SUPPORT AN INNOVATIVE, SUSTAINABLE YOUTH APPRENTICESHIP SYSTEM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CAREERWISE COLORADO HAS EMERGED AS THE FIRST ORGANIZATION IN THE COUNTRY TO DEVELOP A STATEWIDE, BUSINESS-LED, MODERN YOUTH APPRENTICESHIP SYSTEM. IN JUST SIX YEARS, CAREERWISE HAS NOT ONLY BROUGHT TOGETHER A NETWORK OF COLORADO BUSINESSES AND SCHOOLS WHO ARE REDEFINING APPRENTICESHIP FOR THE 21ST CENTURY BUT CAREERWISE HAS ALSO BUILT THE CAPACITY TO CONSULT WITH COMMUNITIES AROUND THE COUNTRY WHO ARE BUILDING SIMILAR PROGRAMS AND SYSTEMS. CAREERWISE TOOLS, TECHNOLOGIES AND PROCESSES, BUILT AND REFINED IN COLORADO, ARE NOW BEING LEVERAGED BY A GROWING NATIONAL NETWORK OF PARTNER INITIATIVES SEEKING TO CLOSE THE GAP BETWEEN EDUCATION AND EMPLOYMENT TO ENABLE MORE EQUITABLE ECONOMIC AND EDUCATIONAL OUTCOMES.(SEE CONTINUATION ON SCHEDULE O.)COMBINING PAID, ON-THE-JOB TRAINING WITH CONTINUED CLASSROOM EDUCATION AT HIGH SCHOOL AND AT INSTITUTIONS OF HIGHER EDUCATION, CAREERWISE'S MODERN YOUTH APPRENTICESHIPS PROVIDE BENEFIT TO EMPLOYERS, STUDENTS AND SOCIETY ALIKE. SUCCESSFUL APPRENTICES ARE POSITIONED FOR EQUAL SUCCESS IN CAREER OR COLLEGE, WIDENING THE DOOR TO OPPORTUNITY AND CULTIVATING A MORE SKILLED WORKFORCE FOR A QUICKLY CHANGING ECONOMY.CAREERWISE IS HONORED TO HAVE BLOOMBERG PHILANTHROPIES, THE BILL & MELINDA GATES FOUNDATION AND THE UNITED STATES DEPARTMENT OF LABOR AMONG NATIONAL FUNDERS WHO HAVE SUPPORTED THE PILOTING OF MODERN YOUTH APPRENTICESHIP IN THE UNITED STATES BY INVESTING IN CAREERWISE'S SYSTEM. WITH ADDITIONAL SUPPORT FROM LOCAL FUNDERS INCLUDING THE DANIELS FUND, THE BEACON FUND, THE COLORADO HEALTH FOUNDATION, ZOMA FOUNDATION AND THE STATE OF COLORADO, THE ORGANIZATION HAS GARNERED SIGNIFICANT PHILANTHROPIC AND GOVERNMENT INVESTMENT IN RECOGNITION OF ITS STATUS AS A FIELD-BUILDING INNOVATOR. CAREERWISE'S LOCALLY IMPLEMENTED PROGRAMS BROKER PIONEERING, FORMAL RELATIONSHIPS BETWEEN BUSINESSES AND STUDENTS AND THE SCHOOLS WHERE THEY LEARN, INCLUDING BOTH K-12 INSTITUTIONS AND INSTITUTIONS OF HIGHER EDUCATION. MOREOVER, CAREERWISE'S NATIONAL TEAM ALSO COORDINATES BETWEEN THOSE LOCAL PROGRAMS, WHICH COMPRISE A GROWING NATIONWIDE NETWORK OF LEADERS SEEKING TO IDENTIFY AND CAPTURE BEST PRACTICES FOR SCALE AND IMPACT. AS A RECIPIENT OF FEDERAL FUNDING, CAREERWISE ALSO PLAYS A LEADERSHIP ROLE IN HELPING GROW AND MODERNIZE THE U.S. REGISTERED APPRENTICESHIP SYSTEM BY SERVING YOUNGER, MORE DIVERSE POPULATIONS OF APPRENTICES WHO WORK IN MODERN INDUSTRY. CAREERWISE CONTINUES TO RECEIVE NOTABLE ATTENTION FROM LEADING RESEARCH INSTITUTES AND POLICYMAKERS. IN 2021, CAREERWISE WAS CALLED ON TO TESTIFY BEFORE THE U.S. SENATE ABOUT THE POTENTIAL OF THE MODERN YOUTH APPRENTICESHIP MODEL TO ADDRESS KEY CHALLENGES IN A POST-PANDEMIC SOCIETY FOR MORE EQUITABLE PATHWAYS TO SUCCESS. CAREERWISE IS EAGER TO MULTIPLY THE IMPACT OF ITS WORK IN THE COMING YEARS BY ACTIVELY BUILDING A COALITION OF PARTNERS WHO ARE WORKING TO BRIDGE THE DIVIDE BETWEEN EDUCATION AND EMPLOYMENT IN OUR COUNTRY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Meaghan Sullivan Executive Director | Officer | 40 | $144,024 |
Ryan Gensler Sr Dir. Of National Partnerships | 40 | $121,048 | |
Diedra Garcia-Espinoza Dir. Of Partnership Development | 40 | $110,560 | |
Kathryn Beach Sr. Dir. Of Acct And Finance | Officer | 20 | $58,820 |
Phil Kalin Vice-Chair | OfficerTrustee | 1 | $0 |
Noel Ginsburg CEO And Board Chair | OfficerTrustee | 40 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Mdrc Nfp Monitoring And Evaluation | 12/30/18 | $105,128 |
Vertiba Llc Software Development/design | 12/30/18 | $245,312 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $2,202,341 |
All other contributions, gifts, grants, and similar amounts not included above | $3,027,691 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $5,230,032 |
Total Program Service Revenue | $1,022,522 |
Investment income | $2,122 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $1,243 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $6,258,093 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $881,450 |
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. | $218,641 |
Compensation of current officers, directors, key employees. | $61,092 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $2,610,833 |
Pension plan accruals and contributions | $81,904 |
Other employee benefits | $244,747 |
Payroll taxes | $240,057 |
Fees for services: Management | $0 |
Fees for services: Legal | $6,314 |
Fees for services: Accounting | $22,150 |
Fees for services: Lobbying | $96,000 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $857,477 |
Advertising and promotion | $48,578 |
Office expenses | $28,594 |
Information technology | $74,799 |
Royalties | $0 |
Occupancy | $265,109 |
Travel | $67,884 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $82,172 |
Insurance | $11,460 |
All other expenses | $0 |
Total functional expenses | $6,192,212 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $4,428,523 |
Pledges and grants receivable | $198,488 |
Accounts receivable, net | $122,294 |
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 | $73,351 |
Net Land, buildings, and equipment | $26,134 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $4,848,790 |
Accounts payable and accrued expenses | $422,630 |
Grants payable | $0 |
Deferred revenue | $52,113 |
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 | $102,518 |
Total liabilities | $577,261 |
Net assets without donor restrictions | $1,581,160 |
Net assets with donor restrictions | $2,690,369 |
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 | $4,848,790 |
Over the last fiscal year, Careerwise Colorado has awarded $881,450 in support to 11 organizations.
Grant Recipient | Amount |
---|---|
New York, NY PURPOSE: TO SUPPORT THE DEVELOPMENT OF NEW OR THE EXPANSION OF EXISTING REGISTERED APPRENTICESHIP PROGRAMS FOR YOUTH. | $563,506 |
Indianapolis, IN PURPOSE: TO SUPPORT THE DEVELOPMENT OF NEW OR THE EXPANSION OF EXISTING REGISTERED APPRENTICESHIP PROGRAMS FOR YOUTH. | $74,774 |
CITY AND COUNTY OF DENVER PURPOSE: TO SUPPORT THE PARTICIPATION IN DEVELOPMENT OF A YOUTH APPRENTICESHIP SYSTEM FOR STUDENTS IN COLORADO. | $59,541 |
Washington, DC PURPOSE: TO SUPPORT THE DEVELOPMENT OF NEW OR THE EXPANSION OF EXISTING REGISTERED APPRENTICESHIP PROGRAMS FOR YOUTH. | $57,407 |
STATE OF COLORADO - CDLE PURPOSE: TO SUPPORT THE IMPLEMENTATION OF THE BLUEPRINT FOR DUAL EDUCATION AND TRAINING. | $55,000 |
Greenwood Village, CO PURPOSE: TO ASSIST SCHOOL DISTRICTS IN MEETING THE ORGANIZATIONAL NEEDS TO BE SUCCESSFUL IN THE LAUNCH AND SCALING OF YOUTH APPRENTICESHIPS. | $15,000 |
Over the last fiscal year, we have identified 8 grants that Careerwise Colorado has recieved totaling $3,117,194.
Awarding Organization | Amount |
---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $1,817,000 |
Bill & Melinda Gates Foundation Seattle, WA PURPOSE: POSTSECONDARY EDUCATION | $807,657 |
New America Foundation Washington, DC PURPOSE: SUPPORT GRANTEE'S ROLE AS A PARTNERSHIP TO ADVANCE YOUTH APPRENTICESHIP NATIONAL PARTNER | $170,000 |
Denver Foundation Denver, CO PURPOSE: PATHWAYS NARRATIVE PROJECT | $125,000 |
Cicp Foundation Inc Indianapolis, IN PURPOSE: TO ADVANCE ASEND INDIANA'S YOUTH APPRENTICESHIP PROJECT | $97,500 |
Zoma Foundation Bentonville, AR PURPOSE: 2021 GENERAL OPERATING SUPPORT | $50,000 |
Organization Name | Assets | Revenue |
---|---|---|
Bscs Science Learning Colorado Springs, CO | $4,778,283 | $10,912,233 |
Careerwise Colorado Denver, CO | $4,848,790 | $6,258,093 |
Great Hearts America Phoenix, AZ | $8,205,781 | $5,329,608 |
Minga Education Group Peyton, CO | $63,725 | $3,961,328 |
K-State Union Corporation Manhattan, KS | $7,214,331 | $4,559,696 |
Multilateral Endowment Management Company Edmond, OK | $918,741 | $2,430,214 |
Dual Language Education Of New Mexico Albuquerque, NM | $1,700,736 | $2,673,763 |
Hers Denver, CO | $2,564,797 | $1,973,261 |
Future Focused Education Albuquerque, NM | $1,699,690 | $1,944,772 |
United School Administrators Inc Topeka, KS | $634,454 | $1,417,531 |
Leman Educational Services Inc Tucson, AZ | $875 | $794,267 |
Strengthbuilding Partners Tucson, AZ | $214,827 | $939,701 |