Careerworks Inc

Organization Overview

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.

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.


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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$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

Grants Awarded

Over the last fiscal year, Careerworks Inc has awarded $420,000 in support to 15 organizations.

Grant RecipientAmount

Pittsburgh, PA

PURPOSE: BANKWORK$

$30,000

CAREER PATH SERVICES EMPLOYMENT AND TRAINING

Org PageRecipient Profile

Spokane, WA

PURPOSE: BANKWORK$

$30,000

DALLAS COUNTY COMMUNITY COLLEGE DISTRICT FD

Org PageRecipient Profile

Dallas, TX

PURPOSE: BANKWORK$

$30,000

GOODWILL OF COLORADO

Org PageRecipient Profile

Colorado Springs, CO

PURPOSE: BANKWORK$

$30,000

Mesa, AZ

PURPOSE: BANKWORK$

$30,000

OPPORTUNITIES INDUSTRIALIZATION CENTER INC

Org PageRecipient Profile

Philadelphia, PA

PURPOSE: BANKWORK$

$30,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Careerworks Inc has recieved totaling $1,625,000.

Awarding OrganizationAmount
Schwab Charitable Fund

San Francisco, CA

PURPOSE: EDUCATION

$1,500,000
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: OPERATIONAL SUPPORT

$125,000
View Grant Recipient Profile

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