Marketskills Inc
- Assets
- $1.0m
- Revenue
- $425.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Oakland, CA
- Founding
- Data as of
- 12/2020
- EIN
- 83-2165511
Organization Overview
Marketskills Inc is located in Oakland, CA. According to its NTEE Classification (B30) the organization is classified as: Vocational & Technical Schools, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Marketskills Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO PARTICIPATE IN OWNERSHIP OF THE GROCERY STORE DEVELOPED BY COMMUNITY FOODS MARKET, INC. IN 2020 THE PURPOSE EXPANDED TO ASSISTING LOW-INCOME FAMILIES TO AFFORD FRESH FOODS AND GROCERIES DURING THE PANDEMIC BY ENABLING DISCOUNTS AND SUBSIDIES ON PURCHASES MADE AT THE GROCERY STORE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED ASSISTANCE TO LOW-INCOME FAMILIES IN WEST OAKLAND TO AFFORD FRESH FOODS AND GROCERIES DURING THE PANDEMIC BY ENABLING DISCOUNTS AND SUBSIDIES ON PURCHASES MADE AT THE GROCERY STORE. THE GROCERY STORE PROVIDED UP 50% OFF IN DISCOUNTS TO CUSTOMERS WHO PAID WITH SNAP/CALFRESH FOR PURCHASES OF QUALIFYING ITEMS SUCH AS FRUITS AND VEGETABLES, MEAT PRODUCTS, DAIRY PRODUCTS AND STAPLE GROCERIES. THE GROCERY STORE SUBMITTED REPORTS OF THE DISCOUNTS IT PROVIDED TO GIVEN TO LOW-INCOME FAMILIES IN WEST OAKLAND AND THE ORGANIZATION REIMBURSED THE GROCERY STORE FOR THOSE DISCOUNT.
FINANCIAL SUPPORT OF THE GROCERY STORE'S OPERATIONS DURING LOSSES RESULTING FROM THE PANDEMIC.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brahm Ahmadi President | Officer | 0.5 | $0 |
Joseph Rogoff Treasurer | Officer | 0.5 | $0 |
Juhandryn Dessames Secretary | Officer | 0.5 | $0 |
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 | $425,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $425,000 |
| 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 | $425,000 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $172,323 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| 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 | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $252,500 |
| Total functional expenses | $424,823 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $50,049 |
| 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 | $921,418 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $42,923 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,014,390 |
| 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 | $964,341 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $964,341 |
| Net assets without donor restrictions | $50,049 |
| 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 | $1,014,390 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Marketskills Inc has recieved totaling $100,000.
| Awarding Organization | Amount |
|---|---|
Stupski Foundation San Francisco, CA PURPOSE: TO SUPPORT THE COMMUNITY FOODS PROJECT. | $100,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Seiu United Healthcare Workers West And Joint Employer Education Fund Oakland, CA | $34,525,553 | $33,102,664 |
Pathpoint Santa Barbara, CA | $30,980,142 | $25,477,174 |
Southern Nevada Culinary And Bartenders Training Fund A Trust North Las Vegas, NV | $6,674,284 | $16,437,102 |
National Test Pilot School Mojave, CA | $24,506,329 | $10,175,597 |
District Council 16 Northern California & Apprentice Training San Leandro, CA | $28,313,624 | $15,228,971 |
Seiu 503 Training Partnership Portland, OR | $26,268,019 | $3,868,415 |
Las Best Los Angeles, CA | $11,946,723 | $9,062,975 |
Codepath Org San Francisco, CA | $6,941,504 | $9,162,565 |
Neca-Ibew Electrical Training Trust Portland, OR | $14,916,871 | $7,992,939 |
Quest Scholars Program Palo Alto, CA | $18,833,898 | $9,171,706 |
E-Institute Charter School Inc Glendale, AZ | $5,349,223 | $5,255,212 |
Casa Loma College Van Nuys, CA | $6,230,067 | $6,276,144 |