Alliance For Strategic Growth Inc
- Assets
- $909.3k
- Revenue
- $3.4m
- Investments
- $11.6k
- Employees
- 18
- Location
- Muncie, IN
- Founding
- 02/2005
- Data as of
- 06/2021
- EIN
- 02-0670190
Organization Overview
Alliance For Strategic Growth Inc, operating under the name Eastern Indiana Works, is located in Muncie, IN. The organization was established in 2005. According to its NTEE Classification (J20) the organization is classified as: Employment Preparation & Procurement, under the broad grouping of Employment and related organizations. As of 06/2021, Eastern Indiana Works employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Eastern Indiana Works 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 06/2021, Eastern Indiana Works generated $3.4m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.5%) each year. All expenses for the organization totaled $3.4m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (2.5%) per year over the past 6 years. 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 PREPARE THE EASTERN INDIANA WORKFORCE FOR HIGH-DEMAND, HIGH-WAGE EMPLOYMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE DISLOCATED WORKERS PROGRAM PROVIDES TRAINING, JOB SEARCH AND OTHER ASSISTANCE FOR WORKERS WHO HAVE BEEN LAID OFF OR ARE ABOUT TO BE LAID OFF. EACH STATE'S ALLOTMENT IS BASED ON THE STATE'S SHARE OF TOTAL UNEMPLOYED, THE STATE'S SHARE OF EXCESS UNEMPLOYED AND THE STATE'S SHARE OF LONG-TERM UNEMPLOYED.
THE ADULT SERVICES PROGRAM PROVIDES INDIVIDUALIZED CAREER AND TRAINING SERVICES TO HELP JOB SEEKERS WHO ARE AT LEAST 18 YEARS OLD. PRIORITY IS GIVEN TO LOW-INCOME INDIVIDUALS, LOW-SKILLED INDIVIDUALS AND RECIPIENTS OF PUBLIC ASSISTANCE. EACH STATE'S ALLOTMENT IS BASED ON THE STATE'S SHARE OF TOTAL UNEMPLOYMENT, THE STATE'S SHARE OF UNEMPLOYED GREATER THAN 4.5 PERCENT AND THE STATE'S SHARE OF ECONOMICALLY DISADVANTAGED ADULTS.
JOBS FOR AMERICA'S GRADUATES (JAG) IS A STATE-BASED, NATIONAL NON-PROFIT ORGANIZATION DEDICATED TO HELPING HIGH SCHOOL STUDENTS OF PROMISE WHO HAVE EXPERIENCED CHALLENGING OR TRAUMATIC LIFE EXPERIENCES ACHIEVE SUCCESS THROUGH GRADUATION. JAG IS A RESILIENCY-BUILDING WORKFORCE PREPARATION PROGRAM THAT HELPS STUDENTS LEARN IN-DEMAND EMPLOYABILITY SKILLS AND PROVIDES A BRIDGE TO POST-SECONDARY EDUCATION AND CAREER ADVANCEMENT OPPORTUNITIES. JAG STUDENTS RECEIVE ADULT MENTORING WHILE IN SCHOOL AND ONE YEAR OF FOLLOW-UP COUNSELING AFTER GRADUATION. INDIANA'S PROGRAM CONSISTENTLY GRADUATES APPROXIMATELY 95 PERCENT OF PARTICIPANTS AND MANY STUDENTS CHOOSE TO CONTINUE THEIR EDUCATION AFTER HIGH SCHOOL. THE JAG PROGRAM IS FUNDED THROUGH GRANTS PROVIDED BY THE INDIANA DEPARTMENT OF WORKFORCE DEVELOPMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Row President/ceo | Officer | 40 | $109,527 |
Lyndsey Hellems Executive VP Of Admin | Officer | 40 | $98,432 |
Brad Wilson Chair | OfficerTrustee | 0.3 | $0 |
Joe Henry Secretary/treasurer | OfficerTrustee | 0.3 | $0 |
Ron Best Vice Chair | OfficerTrustee | 0.3 | $0 |
Kirk Robbins Past Chair | OfficerTrustee | 0.3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,408,550 |
| All other contributions, gifts, grants, and similar amounts not included above | $12,106 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,420,656 |
| Total Program Service Revenue | $0 |
| Investment income | $297 |
| 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 | $3,420,953 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,978,070 |
| 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. | $225,222 |
| Compensation of current officers, directors, key employees. | $225,222 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $632,937 |
| Pension plan accruals and contributions | $27,641 |
| Other employee benefits | $4,511 |
| Payroll taxes | $72,713 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $109,023 |
| Advertising and promotion | $0 |
| Office expenses | $53,285 |
| Information technology | $87,924 |
| Royalties | $0 |
| Occupancy | $174,705 |
| Travel | $3,348 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $300 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $15,827 |
| All other expenses | $12,492 |
| Total functional expenses | $3,420,776 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,792 |
| Savings and temporary cash investments | $325,288 |
| Pledges and grants receivable | $510,427 |
| Accounts receivable, net | $0 |
| 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 | $48,189 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $11,583 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $909,279 |
| Accounts payable and accrued expenses | $636,718 |
| Grants payable | $0 |
| Deferred revenue | $25,147 |
| 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 | $661,865 |
| Net assets without donor restrictions | $232,244 |
| Net assets with donor restrictions | $15,170 |
| 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 | $909,279 |
Grants Awarded
Over the last fiscal year, Alliance For Strategic Growth Inc has awarded $1,978,070 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
RESCARE INC PURPOSE: PROGRAM SUPPORT | $1,949,090 |
CAREER TEAMS PURPOSE: PROGRAM SUPPORT | $28,980 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Alliance For Strategic Growth Inc has recieved totaling $102.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $102 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Supporting Families Together Association Inc Madison, WI | $1,243,761 | $19,699,760 |
Family Development Services Inc Indianapolis, IN | $6,961,291 | $21,119,232 |
Indianapolis Private Industry Council Inc Indianapolis, IN | $7,195,768 | $15,248,899 |
Chicago Urban League Chicago, IL | $6,767,284 | $15,691,423 |
Cara Program Chicago, IL | $15,165,260 | $11,673,454 |
The Mission Continues Saint Louis, MO | $10,410,766 | $11,093,875 |
Comptia Tech Career Academy Downers Grove, IL | $2,728,852 | $5,424,881 |
United Workforce Development Board Inc Pekin, IL | $714,374 | $6,448,841 |
Northern Indiana Workforce Board Inc South Bend, IN | $1,518,783 | $6,187,359 |
Goodwill Manufacturing Inc Milwaukee, WI | $3,795,340 | $2,579,295 |
Tecumseh Area Partnership Inc Lafayette, IN | $657,901 | $5,842,061 |
Lee Initiative Inc Louisville, KY | $1,578,527 | $6,114,008 |