Good Jobs Institute
- Assets
- $2.3m
- Revenue
- $901.9k
- Investments
- $0.0
- Employees
- 3
- Location
- Cambridge, MA
- Founding
- 06/2018
- Data as of
- 12/2022
- EIN
- 82-0730634
Organization Overview
Good Jobs Institute is located in Cambridge, MA. The organization was established in 2018. 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, Good Jobs Institute employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Good Jobs Institute 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, Good Jobs Institute generated $901.9k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.8% each year. All expenses for the organization totaled $771.7k during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE WIDESPREAD ADOPTION OF A SET OF IDEAS KNOWN AS GOOD JOBS STRATEGY
Describe the Organization's Program Activity:
Part 3 - Line 4a
PARTNERSHIP FEES - THE INSTITUTE DEVELOPS STANDALONE TOOLS AND GUIDES THAT WILL ALLOW COMPANIES AND INVESTORS TO ASSESS WHERE THEY STAND VIS-A-VIS THE GOOD JOBS STRATEGY AND PLAN AND IMPLEMENT SYSTEMS TO PROVIDE BETTER JOBS FOR LOW-WAGE WORKERS. THE INSTITUTE EDUCATES COMPANIES THAT WANT TO PURSUE THE GOOD JOBS STRATEGY AND PARTNER WITH THEM IN TRAINING, CAPACITY DEVELOPNMENT, LEADERSHIP ENGAGEMENT AND SYSTEM IMPLEMENTATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Zeynep Ton President | OfficerTrustee | 15 | $0 |
Betty Jane Hess Treasurer | OfficerTrustee | 1 | $0 |
Roger Martin Director | Trustee | 1 | $0 |
Sarah Kalloch Executive Director/clerk | Officer | 40 | $190,404 |
Dan Ford Fellow | 40 | $138,304 | |
Amanda Silver Fellow | 40 | $138,304 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Paul Millerd-vivo Strategies Website Design/consulting | 12/30/17 | $35,067 |
Samet & Company Pc Accounting | 12/30/17 | $14,000 |
Ann Hermes Video Design | 12/30/17 | $5,065 |
Charles Pabst Website Design | 12/30/17 | $5,000 |
Beacon Hill Law Group Legal Services | 12/30/17 | $5,717 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $600 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $600 |
| Total Program Service Revenue | $878,972 |
| Investment income | $22,372 |
| 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 | $901,944 |
| 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. | $219,281 |
| Compensation of current officers, directors, key employees. | $6,578 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $347,658 |
| Pension plan accruals and contributions | $18,347 |
| Other employee benefits | $18,286 |
| Payroll taxes | $39,358 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $19,315 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $7,135 |
| Advertising and promotion | $532 |
| Office expenses | $11,039 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $51,889 |
| 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 | $0 |
| Insurance | $13,506 |
| All other expenses | $0 |
| Total functional expenses | $771,733 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,332,271 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $231,733 |
| 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 | $158 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $703,423 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,267,585 |
| Accounts payable and accrued expenses | $36,937 |
| Grants payable | $0 |
| Deferred revenue | $324,000 |
| 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 | $360,937 |
| Net assets without donor restrictions | $1,339,981 |
| Net assets with donor restrictions | $566,667 |
| 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 | $2,267,585 |