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 12/2021, 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.

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.


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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 $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

Grants Awarded

Over the last fiscal year, Careerwise Colorado has awarded $881,450 in support to 11 organizations.

Grant RecipientAmount

CAREERWISE NEW YORK

Org PageRecipient Profile

New York, NY

PURPOSE: TO SUPPORT THE DEVELOPMENT OF NEW OR THE EXPANSION OF EXISTING REGISTERED APPRENTICESHIP PROGRAMS FOR YOUTH.

$563,506

CAREERWISE ELKHART COUNTY - EMPLOY INDY

Org PageRecipient Profile

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

CAREERWISE DC - CITY BRIDGE EDUCATION

Org PageRecipient Profile

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

CHERRY CREEK SCHOOLS FOUNDATION

Org PageRecipient Profile

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
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 8 grants that Careerwise Colorado has recieved totaling $3,117,194.

Awarding OrganizationAmount
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
View Grant Recipient Profile

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