Fort Worth Cradle To Career
- Assets
- $1.2m
- Revenue
- $2.9m
- Investments
- $0.0
- Employees
- 15
- Location
- Fort Worth, TX
- Founding
- Data as of
- 06/2021
- EIN
- 84-4203777
Organization Overview
Fort Worth Cradle To Career is located in Fort Worth, TX. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. As of 06/2021, Fort Worth Cradle To Career employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fort Worth Cradle To Career 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO BRING COLLABORATIVE, SYSTEMIC CHANGE FOR STUDENTS BIRTH THROUGH CAREER IN ORDER TO IMPROVE OVERALL QUALITY OF LIFE AND TO POSITION TARRANT COUNTY AS A LEADING PRODUCER OF HIGH-QUALITY TALENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE COMPREHENSIVE SUPPORT TO HIGH SCHOOL STUDENTS TO ENSURE THEY ARE ON A PATH FOR POST-SECONDARY CREDENTIAL. THE T3 POSTSECONDARY PATHWAYS TEAM EXISTS TO DRASTICALLY INCREASE THE NUMBER OF TARRANT COUNTY STUDENTS ENROLLING IN A POSTSECONDARY PATHWAY WITH CONFIDENCE. THE ORGANIZATION BUILDS SYSTEMS THAT CONNECT PEOPLE, INCLUDING SCHOOL AND DISTRICT STAFF, PARTNER ORGANIZATIONS, STUDENTS, AND FAMILIES, WITH RELEVANT INFORMATION, DATA, AND RESOURCES TO MAKE INFORMED DECISIONS. TO DATE, OVER 8,000 STUDENTS ACROSS THREE HIGH SCHOOL CLASSES HAVE EXPRESSED INTEREST IN OUR PROGRAM BY COMPLETING THE T3 PLEDGE AND WE'VE SUPPORTED OVER 2,000 STUDENTS IN COMPLETING A POSTSECONDARY SUCCESS PLAN.
MENTOR PROGRAM WE AIM TO PROVIDE 130 T3 SCHOLARS WITH NEAR-PEER AND CAREER ALIGNED MENTORS FOR ADDITIONAL GUIDANCE AND SUPPORT TOWARDS A POST-SECONDARY CREDENTIAL AND CAREER OF INTEREST. IN ADDITION WE ARE LOOKING TO PROVIDE STUDENTS WITH JOB SHADOW AND INTERNSHIP OPPORTUNITIES AT UP TO 100 CORPORATE PARTNERS IN THE FORT WORTH AREA.
COLLEGE AND CAREER SUCCESS PROGRAM - TO ENSURE T3'S FIRST COHORT OF 945 STUDENTS (AND ONGOING CORHORTS THEREAFTER) GRADUATE WITH A POST-SECONDARY DEGREE OR CREDENTIAL WITHIN SIX YEARS POST HIGH SCHOOL GRADUATION. ALL SCHOLARS ATTENDING ONE OF T3'S SEVEN PARTNER COLLEGES OR UNIVERSITIES RECEIVE SCHOLARSHIP FUNDING IF ELIGIBLE, BRIDGE PROGRAMMING BEFORE THEIR FIRST SEMESTER IN COLLEGE, PERSISTENCE COACHING AND RESOURCES TO ENSURE THEY STAY ON TRACK, AND TRANSFER STUDENT SUPPORT SHOULD THEY CHOOSE TO ATTEND TARRANT COUNTY COLLEGE AND THEN TRANSFER TO A PARTNER UNIVERSITY.
READ FORT WORTH - TO CONNECT AND SUPPORT INITIATIVES, PROGRAMS, AND PROVIDERS TOWARD THE COMMON GOAL OF THIRD GRADE READING.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mattie Parker Partial Year Chief Executive Officer | OfficerTrustee | 40 | $124,999 |
Julian Torres Director Of Operations | Officer | 40 | $55,000 |
Richard Owens Director Of Postsecondary Pathways | Officer | 40 | $55,000 |
Dr Rachael Capua Director Of College & Career Success | Officer | 40 | $50,000 |
Scot Bennett Director | Trustee | 1 | $0 |
Mercedes Bolen Director | Trustee | 1 | $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 | $2,922,948 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,922,948 |
| Total Program Service Revenue | $0 |
| Investment income | $673 |
| 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 | $2,923,621 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $85,000 |
| 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. | $559,622 |
| Compensation of current officers, directors, key employees. | $161,190 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $575,075 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $50,393 |
| Payroll taxes | $76,048 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $37,423 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $19,521 |
| Advertising and promotion | $23,765 |
| Office expenses | $20,725 |
| Information technology | $326,309 |
| Royalties | $0 |
| Occupancy | $38,839 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $11,625 |
| Interest | $3,718 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $16,546 |
| Total functional expenses | $1,844,609 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,119,410 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $100,881 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,220,291 |
| Accounts payable and accrued expenses | $131,224 |
| 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 | $131,224 |
| Net assets without donor restrictions | $1,089,067 |
| 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 | $1,220,291 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that Fort Worth Cradle To Career has recieved totaling $2,241,136.
| Awarding Organization | Amount |
|---|---|
Communities Foundation Of Texas Dallas, TX PURPOSE: THIS GRANT IS DESIGNATED FOR GENERAL SUPPORT. | $1,061,136 |
Jp Morgan Chase Foundation New York, NY PURPOSE: IN SUPPORT OF CREATING ECONOMIC MOBILITY AND CAREER PATHWAYS | $1,000,000 |
Community Foundation Of North Texas Fort Worth, TX PURPOSE: AS ANNUAL GIFT TO TARRANT TO & THROUGH PARTNERSHIP | $50,000 |
Community Foundation Of North Texas Fort Worth, TX PURPOSE: FOR THE TARRANT TO AND THROUGH FUND | $50,000 |
Community Foundation Of North Texas Fort Worth, TX PURPOSE: TRANSFERRING GIFTS FROM FASH FOUNDATION AND THE MILES FOUNDATION | $30,000 |
Community Foundation Of North Texas Fort Worth, TX PURPOSE: FOR GENERAL PURPOSES | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Tulsa Educare Inc Tulsa, OK | $26,958,930 | $20,318,102 |
Cityscape Schools Inc Dallas, TX | $31,786,183 | $16,269,782 |
Bcfs Education Services San Antonio, TX | $2,820,092 | $13,804,336 |
Momentous Institute Dallas, TX | $14,833,442 | $11,793,188 |
Ekhaya Youth Project New Orleans, LA | $903,085 | $13,654,605 |
Young Americans For Liberty Inc Austin, TX | $6,971,187 | $15,618,179 |
Stand For The Silent Inc Perkins, OK | $889,186 | $11,940,386 |
Camp War Eagle Inc Rogers, AR | $15,866,509 | $9,318,920 |
Kids Are First Carrizo Springs, TX | $3,476,023 | $8,458,663 |
Boys & Girls Club Of Central Texas Inc Killeen, TX | $2,385,650 | $6,347,689 |
Service Of Hope Entities Inc Dallas, TX | $479,458 | $4,643,726 |
Youth Bridge Properties Inc Fayetteville, AR | $0 | $256,554 |