Ready To Work Aurora
- Assets
- $5.3m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 145
- Location
- Boulder, CO
- Founding
- 04/2018
- Data as of
- 12/2023
- EIN
- 82-3582806
Organization Overview
Ready To Work Aurora is located in Boulder, CO. The organization was established in 2018. According to its NTEE Classification (P28) the organization is classified as: Neighborhood Centers, under the broad grouping of Human Services and related organizations. As of 12/2023, Ready To Work Aurora employed 145 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ready To Work Aurora 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 12/2023, Ready To Work Aurora generated $1.6m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 15.3% each year . All expenses for the organization totaled $2.1m during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
READY TO WORK AURORA BELIEVES IN, RESPECTS, AND EMPOWERS PEOPLE WHO ARE EXPERIENCING HOMELESSNESS. WE CONNECT THEM TO HOUSING AND EMPLOYMENT OPPORTUNITIES SO THEY CAN REALIZE AND EMBRACE THEIR FUTURE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BRIDGE HOUSE'S READY TO WORK PROGRAM IS A "WORK-FIRST" SOLUTION TO ADDRESS HOMELESSNESS. READY TO WORK APPLIES A BUSINESS APPROACH TOWARD SOLVING INCREASINGLY DIFFICULT AND EXPENSIVE SOCIAL PROBLEMS - HOMELESSNESS, JOBLESSNESS, AND CRIMINAL RECIDIVISM. FOUNDED ON THE BELIEF THAT WHEN GIVEN THE OPPORTUNITY INDIVIDUALS EXPERIENCING HOMELESSNESS CAN AND ARE WILLING TO WORK, READY TO WORK CREATES PAID TRANSITIONAL WORK OPPORTUNITIES AS THE CORE ELEMENT OF A COMPREHENSIVE PROGRAM PROVIDING A PATHWAY TO INDEPENDENCE FOR MEN AND WOMEN EXPERIENCING HOMELESSNESS. READY TO WORK TRAINEES PARTICIPATE IN THREE ELEMENTS OF THE PROGRAM INCLUDING PAID WORK IN A READY TO WORK SOCIAL ENTERPRISE; HOUSING IN A SUPPORTIVE, COMMUNAL SETTING CALLED READY TO WORK HOUSE; AND PARTICIPATING IN CASE MANAGEMENT FOR ONE YEAR BEFORE GRADUATING TO MAINSTREAM EMPLOYMENT AND INDEPENDENT HOUSING. IMMEDIATELY UPON ACCEPTANCE INTO READY TO WORK PARTICIPANTS ARE CONTRIBUTING MEMBERS OF THE COMMUNITY. READY TO WORK HOUSE RESIDENTS GO TO WORK EVERY DAY, PAY TAXES, PAY ROOM AND BOARD, AND CALL READY TO WORK HOUSE HOME FOR ONE YEAR. CURRENTLY, THE PROGRAM OFFERS EMPLOYMENT AND HOUSING TO 50 MEN AND WOMEN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Vice President | OfficerTrustee | 1 | $0 |
Name Not Listed Chair/president | OfficerTrustee | 1 | $0 |
Name Not Listed President (part Year) | OfficerTrustee | 1 | $0 |
Name Not Listed Director | Trustee | 1 | $0 |
Name Not Listed Director | Trustee | 1 | $0 |
Name Not Listed Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $46,982 |
| Related organizations | $0 |
| Government grants | $262,660 |
| All other contributions, gifts, grants, and similar amounts not included above | $306,146 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $615,788 |
| Total Program Service Revenue | $899,175 |
| Investment income | $10,516 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$2,556 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,557,964 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $91,582 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,468,261 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $37,251 |
| Payroll taxes | $103,479 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,990 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,097 |
| Office expenses | $9,266 |
| Information technology | $31,572 |
| Royalties | $0 |
| Occupancy | $118,840 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $53,298 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $116,695 |
| Insurance | $46,255 |
| All other expenses | $0 |
| Total functional expenses | $2,134,262 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $282,519 |
| Savings and temporary cash investments | $25,583 |
| Pledges and grants receivable | $167,065 |
| Accounts receivable, net | $51,491 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $6,826 |
| Prepaid expenses and deferred charges | $31,364 |
| Net Land, buildings, and equipment | $3,875,638 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $894,862 |
| Total assets | $5,335,348 |
| Accounts payable and accrued expenses | $82,001 |
| Grants payable | $0 |
| Deferred revenue | $4,508 |
| 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 | $4,356,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $678,745 |
| Total liabilities | $5,121,254 |
| Net assets without donor restrictions | $115,949 |
| Net assets with donor restrictions | $98,145 |
| 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 | $5,335,348 |