Careerworks Inc is located in Seattle, WA. The organization was established in 2018. According to its NTEE Classification (B60) the organization is classified as: Adult Education, under the broad grouping of Education and related organizations. As of 12/2021, Careerworks Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Careerworks 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 12/2021, Careerworks Inc generated $2.1m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 44.1% each year . All expenses for the organization totaled $1.9m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Careerworks Inc has awarded 33 individual grants totaling $1,216,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
CONNECT YOUNG ADULTS FROM UNDER-RESOURCED COMMUNITIES TO LASTING, STABLE CAREERS THROUGH FREE TRAINING, AND BUILDS SUPPORTIVE PARTNERSHIPS ADVANCING EQUITABLE ECONOMIC STABILITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CAREERWORK$, INC. CONNECTS YOUNG ADULTS FROM UNDER-RESOURCED COMMUNITIES TO LASTING, STABLE CAREERS THROUGH FREE TRAINING, AND BUILDS SUPPORTIVE PARTNERSHIPS ADVANCING EQUITABLE ECONOMIC OPPORTUNITY. THE CORPORATION CREATES AN ENVIRONMENT WHERE EVERYONE CAN ACHIEVE MEANINGFUL CAREERS, ECONOMIC STABILITY, AND ALL COMMUNITIES THRIVE. THE CORPORATION OFFERS TWO FREE INDUSTRY-SPECIFIC PROGRAMS SO PARTICIPANTS HAVE THE SKILLS TO SUCCEED AND DIRECT ACCESS TO EMPLOYERS WHO ARE HIRING. THE CORPORATION PARTNERS WITH EXPERIENCED WORKFORCE DEVELOPMENT AND NONPROFIT ORGANIZATIONS AROUND THE COUNTRY TO OPERATE ITS PROGRAMS. THE CORPORATION PROVIDES CURRICULA, LEARNING MANAGEMENT SOFTWARE, SUPPORT, AND A LAUNCH GRANT. THEY LEVERAGE THEIR COMMUNITY ROOTS TO RECRUIT AND SUPPORT PARTICIPANTS, AND CONNECT THEM DIRECTLY TO EMPLOYERS. THE CORPORATION PARTNERS WITH EMPLOYERS TO ENSURE PROGRAM PARTICIPATION IS ALWAYS FREE, AND TO HIRE PROGRAM GRADUATES (75% PLACEMENT RATE). THE CORPORATION'S MODEL IS EFFECTIVE, EFFICIENT, AND CAN SCALE RAPIDLY: - THE CORPORATION PARTNERS WITH LOCAL ORGANIZATIONS (TRAINING PARTNERS) IN EACH MARKET TO OPERATE ITS PROGRAMS AND SUPPORT RECRUITING, COACHING, LOCAL FUNDRAISING, AND EMPLOYER CONNECTIONS IN THE COMMUNITIES IN WHICH THEY ARE BASED, ALL WITH FINANCIAL SUPPORT FROM CAREERWORK$, INC. - THE CORPORATION CURRENTLY OFFERS TWO INDUSTRY-SPECIFIC CAREER-READINESS PROGRAMS (BANKING AND NON-CLINICAL HEALTHCARE), AND ONE INDUSTRY AGNOSTIC JOB READINESS PROGRAM. THESE PROGRAMS SUPPORT YOUNG ADULTS FROM HISTORICALLY UNDER RESOURCED COMMUNITIES GAIN SKILLS, RESOURCES, AND ACCESS TO ENTRY-LEVEL JOBS WITH CAREER-GROWTH POTENTIAL THEY NEED TO ACHIEVE ECONOMIC STABILITY FOR THEMSELVES AND THEIR FAMILIES-AND THESE PROGRAMS ARE ALWAYS FREE FOR ALL PARTICIPANTS. - THE CORPORATION PROVIDES (AT NO COST) ITS PROPRIETARY INDUSTRY-SPECIFIC CURRICULA, ONLINE LEARNING PLATFORM, INSTRUCTION STAFF TRAINING, AND ONGOING SUPPORT TO TRAINING PARTNERS WHO OPERATE ITS PROGRAMS. - WITH THE TRAINING PARTNERS, THE CORPORATION ENGAGES EMPLOYERS IN EVERY STEP OF THE PROCESS, FROM BUILDING CURRICULA TO MENTORSHIP TO SKILLS DEVELOPMENT TO A PERSONALIZED JOB FAIR FOLLOWING GRADUATION FROM CAREERWORK$ MEDICAL AND BANKWORK$ - AND THE CORPORATION KNOWS THESE PERSONAL INTRODUCTIONS AND THE DEMONSTRATED SUCCESS OF THE PROGRAMS MEAN EMPLOYERS ARE CONFIDENT HIRING GRADUATES. - THE CORPORATION WORKS DIRECTLY WITH EMPLOYERS, WHO OFFER BOTH PHILANTHROPIC SUPPORT AND COMMITMENTS TO INTERVIEW AND HIRE PROGRAM GRADUATES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Sherry Cromett Executive Director | Officer | 40 | $243,080 |
Anna Cunningham Director Of Operations | 40 | $143,221 | |
Marie E Toft Director Of Finance & Admin | 40 | $139,050 | |
Ranko Fukuda Director Of Programs | 40 | $130,315 | |
Kiana M Scott Director Of Development | 40 | $100,058 | |
Les Biller Director, President, CFO | OfficerTrustee | 10 | $0 |
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 | $2,125,000 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $2,125,000 |
Total Program Service Revenue | $0 |
Investment income | $15,121 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$15,937 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,124,184 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $420,000 |
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. | $269,452 |
Compensation of current officers, directors, key employees. | $69,015 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $627,227 |
Pension plan accruals and contributions | $17,009 |
Other employee benefits | $25,291 |
Payroll taxes | $60,881 |
Fees for services: Management | $93,293 |
Fees for services: Legal | $5,712 |
Fees for services: Accounting | $31,885 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $225,907 |
Advertising and promotion | $88,110 |
Office expenses | $2,146 |
Information technology | $31,849 |
Royalties | $0 |
Occupancy | $0 |
Travel | $473 |
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 | $3,698 |
Insurance | $5,311 |
All other expenses | $0 |
Total functional expenses | $1,910,570 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $366,958 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
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 | $7,756 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $374,714 |
Accounts payable and accrued expenses | $0 |
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 | $11,511 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $21,368 |
Total liabilities | $32,879 |
Net assets without donor restrictions | $0 |
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 | $341,835 |
Total liabilities and net assets/fund balances | $374,714 |
Over the last fiscal year, Careerworks Inc has awarded $420,000 in support to 15 organizations.
Grant Recipient | Amount |
---|---|
Pittsburgh, PA PURPOSE: BANKWORK$ | $30,000 |
Spokane, WA PURPOSE: BANKWORK$ | $30,000 |
Dallas, TX PURPOSE: BANKWORK$ | $30,000 |
Colorado Springs, CO PURPOSE: BANKWORK$ | $30,000 |
Mesa, AZ PURPOSE: BANKWORK$ | $30,000 |
Philadelphia, PA PURPOSE: BANKWORK$ | $30,000 |
Over the last fiscal year, we have identified 2 grants that Careerworks Inc has recieved totaling $1,625,000.
Awarding Organization | Amount |
---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $1,500,000 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $125,000 |
Organization Name | Assets | Revenue |
---|---|---|
Oregon And Southern Idaho Laborers- Employers Training Tr Portland, OR | $12,918,228 | $3,291,567 |
Casa Latina Seattle, WA | $6,519,798 | $3,396,235 |
Adult Learning Programs Of Alaska Inc Of Alaska Inc Fairbanks, AK | $287,244 | $2,168,739 |
Careerworks Inc Seattle, WA | $374,714 | $2,124,184 |
Partner In Employment Seatac, WA | $919,989 | $1,599,497 |
Faces Of America Salem, OR | $595,257 | $1,612,550 |
Carol Emmott Foundation Portland, OR | $2,241,132 | $1,767,775 |
Common Threads Farm Bellingham, WA | $966,574 | $1,251,132 |
Seattle Industry Foundation Seattle, WA | $120,630 | $1,031,802 |
Learning Lab Inc Garden City, ID | $2,467,190 | $977,356 |
The Commons Law Center Portland, OR | $251,737 | $784,072 |
Western Association Of College And University Business Officers Seattle, WA | $1,800,018 | $849,761 |