Activate Work Inc
- Assets
- $2.5m
- Revenue
- $3.4m
- Investments
- $0.0
- Employees
- 23
- Location
- Denver, CO
- Founding
- Data as of
- 12/2023
- EIN
- 83-1930213
Organization Overview
Activate Work Inc is located in Denver, CO. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 12/2023, Activate Work Inc employed 23 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Activate Work 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 12/2023, Activate Work Inc generated $3.4m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 11.1% each year . All expenses for the organization totaled $2.8m 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
WE PROVIDE TRAINING, COACHING, COMMUNITY SUPPORTS AND ACCESS TO LEADING COLORADO EMPLOYERS ENABLING COLORADANS TO ACHEIVE ECONOMIC SECURITY, MOBILITY AND PROSPERITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ACTIVATEWORK'S MISSION IS TO CONNECT DIVERSE, QUALIFIED TALENT TO LEADING IT EMPLOYERS THROUGH RIGOROUS SKILLS TRAINING, COMMUNITY RESOURCES, AND PROFESSIONAL AND LIFE SKILLS COACHING. THE ORGANIZATION BELIEVES THAT EMPLOYMENT IS A KEY DRIVER OF ECONOMIC MOBILITY AND THAT EVIDENCE-BASED TRAINING AND UPSKILLING PROGRAMS ARE A HIGHLY EFFECTIVE COUNTERPART TO TRADITIONAL EDUCATIONAL PATHWAYS TO HELP DIVERSE INDIVIDUALS AND FAMILIES STABILIZE AND ADVANCE. FOUR KEY ELEMENTS DIFFERENTIATE ACTIVATEWORK'S MISSION-DRIVEN GROWTH AND SUCCESS FROM SIMILAR WORKFORCE DEVELOPMENT ORGANIZATIONS: (1) STRONG RELATIONSHIP-BUILDING AND ACCOUNT MANAGEMENT WITH MORE THAN 50 EMPLOYER PARTNERS ACROSS BUSINESS SECTORS; (2) A CENTRALIZED, SCALABLE, AND DIVERSE TALENT PIPELINE OF JOB CANDIDATES WHO ARE PRE-VETTED, TRAINED, AND CREDENTIALED TO FILL ENTRY- TO MID-LEVEL IT POSITIONS; (3) A ROBUST IN- COURSE AND POST-PLACEMENT COACHING PROGRAM; AND (4) ROBUST PARTNERSHIP WITH PER SCHOLAS, A NATIONALLY RECOGNIZED EVIDENCE-BASED NONPROFIT THAT HAS TRAINED MORE THAN 25,000 IT PROFESSIONALS AND MATCHED THEM TO MORE THAN 650 COMPANIES IN 23 CITIES. ACTIVATEWORK IS FOCUSED ON LAUNCHING PROFESSIONAL CAREERS FOR UNDERREPRESENTED INDIVIDUALS 18-65 IN THE IN-DEMAND TECH INDUSTRY. THE ORGANIZATION ENROLLS DIVERSE LEARNERS WHO STRUGGLE TO FIND CAREER PATHWAYS FOR A VARIETY OF REASONS, FROM LACKING A COLLEGE DEGREE TO BEING UNABLE TO FIND OR AFFORD CHILDCARE. AS 84% OF ACTIVATEWORK'S LEARNERS ARE LOW-INCOME, THE ORGANIZATION PROVIDES THEM WITH WRAPAROUND SUPPORT SUCH AS EMPLOYMENT COACHING, FINANCIAL COACHING TO NAVIGATE THE CLIFF EFFECT AFTER THEY ACHIEVE EMPLOYMENT AND LOSE GOVERNMENT SUPPORT, AND DURABLE-SKILLS TRAINING TO HELP THEM OVERCOME THESE BARRIERS AND ENTER THE WORKFORCE LONG-TERM. FURTHERMORE, THE ORGANIZATION FOCUSES ON INDIVIDUALS WHO ARE UNDER-SKILLED, UNDEREMPLOYED, AND UNEMPLOYED AND TARGETS POPULATIONS UNDERREPRESENTED IN THE IT SECTOR, INCLUDING WOMEN, IMMIGRANTS, PEOPLE OF COLOR, AND VETERANS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Helen Hayes Ceo/founder | OfficerTrustee | 40 | $155,445 |
Scott Fast Chair | OfficerTrustee | 1 | $0 |
Dan Kaskubar Secretary | OfficerTrustee | 1 | $0 |
Frannie Matthews Treasurer | OfficerTrustee | 1 | $0 |
Jennier Mote Director | Trustee | 1 | $0 |
Marcos Stephens Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,004,813 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,946,045 |
| Noncash contributions included in lines 1a–1f | $4,475 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,950,858 |
| Total Program Service Revenue | $374,478 |
| Investment income | $42,366 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,179 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,373,201 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $27,000 |
| 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. | $330,512 |
| Compensation of current officers, directors, key employees. | $36,356 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $834,045 |
| Pension plan accruals and contributions | $17,609 |
| Other employee benefits | $82,750 |
| Payroll taxes | $124,125 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $377,779 |
| Advertising and promotion | $70,153 |
| Office expenses | $21,763 |
| Information technology | $54,564 |
| Royalties | $0 |
| Occupancy | $119,551 |
| Travel | $0 |
| 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 | $38,057 |
| Insurance | $10,460 |
| All other expenses | $0 |
| Total functional expenses | $2,810,321 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $508,020 |
| Savings and temporary cash investments | $700,216 |
| Pledges and grants receivable | $945,183 |
| Accounts receivable, net | $153,458 |
| 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 | $43,824 |
| Net Land, buildings, and equipment | $180,931 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,531,632 |
| Accounts payable and accrued expenses | $411,060 |
| Grants payable | $0 |
| Deferred revenue | $3,250 |
| 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 | $468,600 |
| Total liabilities | $882,910 |
| Net assets without donor restrictions | $1,107,889 |
| Net assets with donor restrictions | $540,833 |
| 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 | $2,531,632 |