Climb Hire Inc
- Assets
- $8.1m
- Revenue
- $8.0m
- Investments
- $0.0
- Employees
- 23
- Location
- San Jose, CA
- Founding
- 11/2019
- Data as of
- 12/2021
- 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 12/2021, Climb Hire Inc employed 23 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 12/2021, Climb Hire Inc generated $8.0m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 58.1% each year . All expenses for the organization totaled $3.0m during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO CREATE ECONOMIC OPPORTUNITY AND MOBILITY FOR OVERLOOKED TALENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO TRAIN DIVERSE AND DETERMINED TALENT TO BREAK INTO NEW CAREERS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nitzan Pelman CEO | OfficerTrustee | 40 | $207,708 |
Katherine Smalkin Dir Of Talent | 40 | $124,167 | |
Aparna Wilder Snr Dir-Strategy | 40 | $104,529 | |
Alejandra Vila Dir Of Programs | 40 | $102,854 | |
Jonathan Garfinkel Chairman | OfficerTrustee | 5 | $0 |
Clarence Wooten Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $95,533 |
| All other contributions, gifts, grants, and similar amounts not included above | $6,964,077 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,059,610 |
| Total Program Service Revenue | $924,863 |
| Investment income | $103 |
| 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 | $7,989,034 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $199,291 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $207,708 |
| Compensation of current officers, directors, key employees. | $16,237 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,102,791 |
| Pension plan accruals and contributions | $31,463 |
| Other employee benefits | $184,998 |
| Payroll taxes | $100,025 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $9,948 |
| Fees for services: Accounting | $36,150 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $450,907 |
| Advertising and promotion | $26,620 |
| Office expenses | $87,298 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $10,087 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,227 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,946 |
| Insurance | $17,095 |
| All other expenses | $0 |
| Total functional expenses | $2,974,019 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,094,988 |
| Savings and temporary cash investments | $119,504 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,895,098 |
| 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 | $18,515 |
| Net Land, buildings, and equipment | $20,148 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $8,148,253 |
| Accounts payable and accrued expenses | $116,056 |
| Grants payable | $0 |
| Deferred revenue | $150,000 |
| 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 | $266,056 |
| Net assets without donor restrictions | $2,983,157 |
| Net assets with donor restrictions | $4,899,040 |
| 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 | $8,148,253 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Climb Hire Inc has recieved totaling $35,000.
| Awarding Organization | Amount |
|---|---|
Xun And Chang Liu Family Foundation Foster City, CA PURPOSE: TO FURTHER THE MISSION OF THE FOUNDATION | $35,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Building Skills Partnership Los Angeles, CA | $7,529,285 | $6,127,811 |
Marine Exchange Of Los Angeles- Long Beach Harbor Inc San Pedro, CA | $4,737,680 | $3,654,522 |
Climb Hire Inc San Jose, CA | $8,148,253 | $7,989,034 |
Southern Nevada Laborers Local 872 Training Trust Las Vegas, NV | $9,210,264 | $3,970,208 |
Nevada Mining Association Inc Reno, NV | $1,620,890 | $2,924,336 |
Merchants Exchange Portland, OR | $1,706,464 | $2,309,174 |
Escrow Agents Fidelity Corporation Of California Los Angeles, CA | $7,303,662 | $1,393,505 |
California Committee To Save Our Jobs Inc El Dorado Hills, CA | $392,446 | $1,031,435 |
Hourglass Project San Luis Obispo, CA | $839,371 | $1,423,022 |
Molokai Occupational Center Kaunakakai, HI | $711,914 | $690,980 |
Modi Nochi Beverly Hills, CA | $821,297 | $1,400,075 |
Day Worker Center Of Mountain View Mountain View, CA | $2,297,567 | $799,793 |