Yes2jobs is located in Los Angeles, CA. The organization was established in 2018. According to its NTEE Classification (J01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Yes2jobs 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, Yes2jobs generated $567.4k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 65.5% each year . All expenses for the organization totaled $131.0k during the year ending 12/2023. While expenses have increased by 65.1% per year over the past 4 years. They've been increasing with an increasing level of total revenue. 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
WORK IN UNDERSERVED COMMUNITIES TO STIMULATE ECONOMIC DEV AND JOB CREATION BY ATTRACTING TECHNOLOGY AND CREATIVE COMPANIES TO LOCATE THERE AND TO CULTIVATE A PIPELINE OF TALENT BY BEING A CONNECTOR BETWEEN TARGETED COMPANIES AND COMMUNITY GROUPS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FORM 990-EZ, PART III, LINE 28 - STATEMENT OF PROGRAM SERVICE ACCOMPLISHMENTSYES2JOBS DEVELOPS AND POSITIONS TALENT FROM UNDER RESOURCED COMMUNITIES IN SOUTHLOS ANGELES FOR JOBS IN HIGHER EARNING CAREER PATHWAYS IN LOS ANGELES COUNTYFOCUSED ON TECHNOLOGY, MEDIA, AND FINANCE. THE CURRENT YES2JOBS IS BASED ON A PROGRAM THAT WAS FOUNDED IN 1987 AND LASTED FOR20 YEARS. THAT PROGRAM IMPACTED OVER 2000 PARTICIPANTS. THE MAJORITY CREDITS THEIRCURRENT SUCCESS IN LIFE, WHETHER IN ENTERTAINMENT OR OTHER CAREERS TO THEIREARLY EXPOSURE TO INTERNSHIPS AND EMPLOYMENT AS HIGH SCHOOL AND COLLEGE STUDENTS 100+ COMPANIES HIRED 2,000+ STUDENT INTERNS AT THE HIGH SCHOOL AND COLLEGE LEVELS.1991 SAW Y.E.S. TO JOBS AWARDED AN NAACP IMAGE AWARD FOR OPENING THE DOORS OF THEENTERTAINMENT INDUSTRY TO MINORITY YOUTH. THIS METHODOLOGY HAS A PROVEN TRACKRECORD OF SUCCESS. YES2JOBS HAS DONE ITS RESEARCH AND DISCOVERED THAT THE KEY PROBLEM IS THAT ZIPCODES DEFINE ECONOMIC OPPORTUNITY & ACCESS TO HIGHER EARNING CAREER PATHWAYS ANDTHAT THERE IS A LACK OF DIVERSITY IN THESE KEY HIGH PAYING INDUSTRIES. FOREXAMPLE, THE US TECHNOLOGY WORKFORCE IS 90% WHITE OR ASIAN AND 75% MALE. BLACK ANDLATINA/O GRADS EARN 21% OF COMPUTER SCIENCE DEGREES BUT REPRESENT ONLY 10% OFTECHNICAL COMPUTING WORKFORCE. 45% OF THEATRICAL TICKETS SOLD IN THE US WEREBOUGHT BY MINORITIES. HOWEVER, FOR THEATRICAL FILMS, MINORITIES WERE LESS THAN20% LEAD ROLES, 13% ARE FILM DIRECTORS AND 8% ARE FILM WRITERS, WHICH INDICATES ALACK OF DIVERSITY IN AT THE DECISION-MAKING LEVEL IN FILM AND TELEVISION. WE KNOWTHAT DIVERSITY IS GOOD FOR BUSINESS. A 2015 MCKINSEY REPORT ON 366 PUBLICCOMPANIES FOUND THAT, THOSE IN THE TOP QUARTILE FOR ETHNIC AND RACIAL DIVERSITY INMANAGEMENT WERE 35% MORE LIKELY TO HAVE FINANCIAL RETURNS ABOVE THEIR INDUSTRYMEAN. YES2JOBS PROVIDES A SOLUTION TO INCREASE DIVERSITY. WE EXPOSE AND PREPARE HIGHSCHOOL AND COLLEGE STUDENTS FOR A VARIETY OF POTENTIAL CAREER PATHS THROUGHPROFESSIONAL BRANDING AND LEADERSHIP DEVELOPMENT TRAINING. OUR STUDENTS AREPREPARED TO DISCOVER, DEVELOP AND PRESENT THEIR PROFESSIONAL BRANDS FOR CAREERS;GAIN KNOWLEDGE OF WORKPLACE CULTURE AND COMPETE FOR INTERNSHIPS AND JOBS. ONCESTUDENTS HAVE COMPLETED INTERNSHIPS AND GAIN EMPLOYMENT, WE PAIR PARTICIPANTS WITHMENTORS THAT CAN HELP WITH CAREER COACHING AND PLANNING SESSIONS, PROVIDE ACCESSTO OTHER PROFESSIONALS AND HELP BUILD A NETWORK FOR PARTICIPANTS TO ADVANCE THEIRCAREERS. OUR ULTIMATE GOAL IS TO HELP PARTICIPANTS PROGRESS FROM INTERN TO THEC-SUITE. OUR OVER 100 PARTCIPANTS HAVE BEEN:74% AFRICAN AMERICAN21% LATINO/A5% OTHER50% WOMEN OUR WORKSHOPS/SEMINARS HAVE INCLUDED:BIO-TECH CONTENT CREATION ENTREPRENEURSHIP FUTURE CAST JOBS OF THE FUTURE MARKETING 101 NEW MUSIC BIZ SOCIAL MEDIA AND SOCIAL MEDIA MARKETING THE BUSINESS OF LEGAL AFFAIRSTHE BUSINESS OF MARKETING
Name (title) | Role | Hours | Compensation |
---|---|---|---|
James Staten Executive Director | 40 | $70,000 | |
Yolanda Parker Treasurer | OfficerTrustee | 0 | $0 |
Nanxi Liu Chairman | OfficerTrustee | 0 | $0 |
Jaleesa Hazzard Secretary | OfficerTrustee | 0 | $0 |
Chad Gordon Chairman | OfficerTrustee | 0 | $0 |
Peter Jackson Director | Trustee | 0 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $39,871 |
All other contributions, gifts, grants, and similar amounts not included above | $527,534 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $567,405 |
Total Program Service Revenue | $0 |
Investment income | $0 |
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 | $567,405 |
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. | $70,000 |
Compensation of current officers, directors, key employees. | $21,000 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $5,600 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $2,090 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $45,600 |
Advertising and promotion | $0 |
Office expenses | $1,981 |
Information technology | $1,054 |
Royalties | $0 |
Occupancy | $350 |
Travel | $853 |
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 | $349 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $130,989 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $576,804 |
Savings and temporary cash investments | $0 |
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 | $523 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $350 |
Total assets | $577,677 |
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 | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $577,677 |
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 | $0 |
Total liabilities and net assets/fund balances | $577,677 |