Climb Hire Inc
- Assets
- $11.5m
- Revenue
- $9.5m
- Investments
- $0.0
- Employees
- 31
- Location
- San Jose, CA
- Founding
- 11/2019
- Data as of
- 12/2023
- EIN
- 83-3791155
Organization Overview
Climb Hire Inc is located in San Jose, CA. The organization was established in 2019. According to its NTEE Classification (J99) the organization is classified as: Employment N.E.C., under the broad grouping of Employment and related organizations. As of 12/2023, Climb Hire Inc employed 31 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Climb Hire 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, Climb Hire Inc generated $9.5m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 36.3% each year . All expenses for the organization totaled $5.8m 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
CLIMB HIRE'S MISSION IS TO PREPARE DIVERSE AND DETERMINED ADULTS FOR JOBS IN TECHNOLOGY BY TEACHING THEM IN-DEMAND SKILLS AS WELL AS CRITICAL SOFT SKILLS INCLUDING RELATIONSHIP BUILDING AND NETWORKING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CLIMB HIRE'S MISSION IS TO GIVE DIVERSE AND DETERMINED ADULTS THE UPPER HAND IN THEIR CAREERS, EVEN WHEN LIFE DIDNT GIVE THEM A HEAD START. CLIMB HIRE PREPARES CLIMBERS FOR JOBS IN TECHNOLOGY BY TEACHING IN-DEMAND TECHNICAL SKILLS ALONGSIDE EVERGREEN PEOPLE-SKILLS LIKE RELATIONSHIP BUILDING AND NETWORKING. CLIMB HIRE HAS HELPED HUNDREDS OF CLIMBERS BUILD THEIR PROFESSIONAL NETWORK, LAND HIGHER-PAYING JOBS, AND ACHIEVE LONG-LASTING CAREER SUCCESS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sorby Grant President | OfficerTrustee | 5 | $215,882 |
Nitzan Pelman CEO | OfficerTrustee | 40 | $219,481 |
Katherine Smalkin Sr VP Employer Psh | 40 | $189,377 | |
Stephen Colon VP Of Growth | 40 | $159,357 | |
Tjwana Dixon Dir Of Career Dev | 40 | $109,641 | |
Louis Barrios Dir Of Proj Mgmt | 40 | $106,447 |
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 | $9,123,742 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,123,742 |
| Total Program Service Revenue | $158,165 |
| Investment income | $210,051 |
| 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 | $9,491,958 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $10,285 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $446,612 |
| Compensation of current officers, directors, key employees. | $157,021 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,093,478 |
| Pension plan accruals and contributions | $69,223 |
| Other employee benefits | $201,653 |
| Payroll taxes | $193,899 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $77,895 |
| Fees for services: Accounting | $171,261 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $4,813 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,238,460 |
| Advertising and promotion | $656,050 |
| Office expenses | $0 |
| Information technology | $269,601 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $119,629 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $21,634 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $11,066 |
| All other expenses | $35,268 |
| Total functional expenses | $5,764,811 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,898,224 |
| Savings and temporary cash investments | $92,134 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $335,093 |
| 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 | $115,271 |
| Net Land, buildings, and equipment | $34,293 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $11,475,015 |
| Accounts payable and accrued expenses | $241,345 |
| 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 | $241,345 |
| Net assets without donor restrictions | $10,175,205 |
| Net assets with donor restrictions | $1,058,465 |
| 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 | $11,475,015 |