Careerwise Colorado

Organization Overview

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 12/2022, Careerwise Colorado employed 59 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 12/2022, Careerwise Colorado generated $8.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.3% each year. All expenses for the organization totaled $6.4m during the year ending 12/2022. While expenses have increased by 9.3% per year over the past 6 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.

Since 2017, Careerwise Colorado has awarded 49 individual grants totaling $3,797,577. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

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 IS A PIONEERING NONPROFIT THAT CATALYZES THE DEVELOPMENT OF BUSINESS-LED, MODERN YOUTH APPRENTICESHIP PROGRAMS AND SYSTEMS IN COMMUNITIES, REGIONS AND STATES ACROSS THE COUNTRY. IN JUST SIX YEARS, CAREERWISE HAS NOT ONLY SUCCESSFULLY LAUNCHED AND GROWN A COALITION OF BUSINESSES AND SCHOOLS IN ITS FLAGSHIP LOCATION OF COLORADO WHO ARE REDEFINING APPRENTICESHIP FOR THE 21ST CENTURY BY IMPLEMENTING THE MODEL, BUT CAREERWISE HAS ALSO BUILT THE CAPACITY TO CONSULT WITH AND SUPPORT OTHER COMMUNITIES LOOKING TO DO THE SAME. 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. COMBINING PAID, ON-THE-JOB TRAINING WITH CONTINUED CLASSROOM EDUCATION AT SECONDARY AND POSTSECONDARY INSTITUTIONS, CAREERWISE'S MODERN YOUTH APPRENTICESHIPS PROVIDE BENEFIT TO EMPLOYERS, STUDENTS AND SOCIETY ALIKE. SUCCESSFUL APPRENTICES ARE EQUIPPED TO SUCCEED IN CAREER AND/OR COLLEGE, WIDENING THE DOOR TO OPPORTUNITY BY MULTIPLYING THEIR OPTIONS 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 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 2022, THE PROJECT ON WORKFORCE AT HARVARD RELEASED A REPORT ON THE EMERGING, TRANSFORMATIVE POTENTIAL OF THE CAREERWISE MODEL, PUTTING ITS "OPTIONS MULTIPLYING" IMPACT IN THE NATIONAL SPOTLIGHT. CAREERWISE IS EAGER TO SCALE THAT IMPACT IN THE COMING YEARS BY IGNITING A MOVEMENT OF AMERICANS WHO ARE COMMITTED TO BUILDING NEW BRIDGES BETWEEN EDUCATION AND EMPLOYMENT IN OUR COUNTRY.


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Board, Officers & Key Employees

Name (title)Compensation
Meaghan Sullivan
President, C
$151,734
Ryan Gensler
Evp, Cwusa
$130,235
Parker Alleman
Salesforce A
$113,118
Hollis Salway
VP Of Develo
$117,106
Alexandra Peek
Dir. Of Tech
$108,967
Alexander Barnes
Salesforce D
$107,123

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Mdrc Nfp
Monitoring And Evaluation
$105,128
Vertiba Llc
Software Development/design
$245,312
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $1,433,524
All other contributions, gifts, grants, and similar amounts not included above$5,728,599
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$7,162,123
Total Program Service Revenue$1,051,944
Investment income $1,971
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 $8,219,963

Grants Awarded

Over the last fiscal year, Careerwise Colorado has awarded $822,491 in support to 13 organizations.

Grant RecipientAmount
View Grant Profile

Peer Organizations

Organization NameAssets
Bscs Science Learning
Colorado Springs, CO
$11,757,125
Great Hearts America
Phoenix, AZ
$10,138,207
Careerwise Colorado
Denver, CO
$8,219,963
Minga Education Group
Peyton, CO
$5,194,264
Collaborative For Higher Education Shared Services
Santa Fe, NM
$4,974,371
K-State Union Corporation
Manhattan, KS
$4,559,696
Dual Language Education Of New Mexico
Albuquerque, NM
$3,572,871
Future Focused Education
Albuquerque, NM
$2,222,286
Multilateral Endowment Management Company
Edmond, OK
$2,778,946
Hers
Denver, CO
$1,973,261
United School Administrators Inc
Topeka, KS
$1,557,197
Leman Educational Services Inc
Tucson, AZ
$794,267
Strengthbuilding Partners
Tucson, AZ
$940,097
Marzano Academies Inc
Centennial, CO
$587,713
Utah Association Of Public Charter Schools
American Fork, UT
$944,507
Classical Education Growth Fund
Golden, CO
$68,677
Jackson Hole Classical Academy Foundation
Jackson, WY
$4,151,001
New Mexico Society Of C P A S Fdn For Education & Research
Albuquerque, NM
$430,974
Oklahoma Schools Advisory Council
Muskogee, OK
$490,458
Thrive Community Building
Denver, CO
$378,641
Utah Association For The Education Of Young Children
Salt Lake City, UT
$400,554
Springboard Child Care Inc
Denver, CO
$230,125
Global Business Success Foundation
Broken Arrow, OK
$219,623
Lead Wichita Inc
Wichita, KS
$222,374
New Mexico Association Of Community Colleges
Roswell, NM
$142,098

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