Jewish Vocational Service Inc
- Assets
- $20.7m
- Revenue
- $21.6m
- Investments
- $5.4m
- Employees
- 214
- Location
- Boston, MA
- Founding
- 01/1960
- Data as of
- 09/2021
- EIN
- 04-2104357
Organization Overview
Jewish Vocational Service Inc is located in Boston, MA. The organization was established in 1960. According to its NTEE Classification (J21) the organization is classified as: Vocational Counseling, under the broad grouping of Employment and related organizations. As of 09/2021, Jewish Vocational Service Inc employed 214 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jewish Vocational Service 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 09/2021, Jewish Vocational Service Inc generated $21.6m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.4% each year. All expenses for the organization totaled $17.8m during the year ending 09/2021. While expenses have increased by 6.7% per year over the past 6 years. They've been increasing with an increasing level of total revenue. 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 EMPOWER INDIVIDUALS FROM DIVERSE COMMUNITIES TO FIND EMPLOYMENT, BUILD CAREERS, AND PARTNER WITH EMPLOYERS TO HIRE AND TRAIN PRODUCTIVE WORKFORCES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRE-EMPLOYMENT SERVICES PROVIDES A MENU OF WORKFORCE DEVELOPMENT SERVICES TO INDIVIDUALS. EDUCATION PROGRAMS INCLUDE ENGLISH LANGUAGE INSTRUCTION, HIGH SCHOOL DIPLOMA COMPLETION, AND SPECIALIZED COLLEGE PREPARATION CLASSES AND COACHING. SKILLS TRAINING PROGRAMS IN MULTIPLE SECTORS EQUIP JOB SEEKERS WITH IN-DEMAND SKILLS. RAPID EMPLOYMENT SERVICES PROVIDE INTENSIVE JOB READINESS, PLACEMENT, AND SUPPORT SERVICES TO POPULATIONS INCLUDING REFUGEES AND IMMIGRANTS, INDIVIDUALS WITH DISABILITIES, AND PUBLIC ASSISTANCE RECIPIENTS.
CAREER CENTER SERVICES PROVIDES HIGH QUALITY, CUSTOMIZED EMPLOYMENT AND CAREER SERVICES TO JOB SEEKERS, CAREER CHANGERS, AND EMPLOYERS. SERVICES INCLUDE WORKSHOPS AND SEMINARS, 1:1 JOB SEARCH AND CAREER COACHING, AND SCREENING FOR EDUCATION AND TRAINING PROGRAMS. ADDITIONALLY, JVS PROVIDES CREDENTIALED CAREER COUNSELING SERVICES THAT ARE EXPERT, AFFORDABLE AND LINKED WITH A MAJOR WORKFORCE DEVELOPMENT ORGANIZATION. CAREER CENTER SERVICES PARTNERS WITH AREA BUSINESSES TO PROVIDE A CONVENIENT ONE-STOP SOURCE FOR SKILLED WORKERS AND TRAINING OPTIONS FOR INCUMBENT WORKERS.
BUSINESS SERVICES PROVIDES ENTRY-LEVEL WORKERS WITH JOB AND ACADEMIC COACHING AS WELL AS INSTRUCTION AT THEIR PLACE OF EMPLOYMENT. CLASSES RANGE FROM ENGLISH FOR SPEAKERS OF OTHER LANGUAGES TO COMPUTER SKILLS, MATH, GED, PRE-COLLEGE PREPARATION, AND CITIZENSHIP PREPARATION. THE PROGRAM WORKS CLOSELY WITH EMPLOYER PARTNERS, WHO PROVIDE INPUT INTO CURRICULA, AS WELL AS PROVIDING ASSISTANCE IN STUDENT OUTREACH AND SELECTION.
JVS IN PARTNERSHIP WITH COMBINED JEWISH PHILANTHROPIES AWARDS GRANTSAND INTEREST-FREE LOANS TO STUDENTS WHO RESIDE IN THE GREATER BOSTONSERVICE AREA. UNDERGRADUATE STUDENTS ATTENDING TWO-YEAR OR FOUR-YEARACCREDITED INSTITUTIONS AS WELL AS VOCATIONAL CERTIFICATE PROGRAMS AREELIGIBLE TO APPLY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jerome Rubin President & CEO | OfficerTrustee | 35 | $280,272 |
Jonathan Nierman Regional Dir. Of Development | 35 | $183,329 | |
Kira Kkhazatsky COO | 35 | $180,037 | |
Jennifer Jewell CFO | Officer | 35 | $171,299 |
Keila Silva Barros Vice President Of People & | 35 | $150,180 | |
Amy Nishman Senior Vice President | 35 | $136,131 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Morse Technologies It Consultant | 9/29/20 | $591,103 |
John Leonard Employment Temp Employment Service | 9/29/20 | $112,895 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $337,931 |
| Related organizations | $0 |
| Government grants | $11,241,351 |
| All other contributions, gifts, grants, and similar amounts not included above | $6,226,355 |
| Noncash contributions included in lines 1a–1f | $14,490 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $17,805,637 |
| Total Program Service Revenue | $3,573,954 |
| Investment income | $11,931 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $228,164 |
| Net Income from Fundraising Events | -$53,606 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $21,644,492 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $339,798 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $535,363 |
| Compensation of current officers, directors, key employees. | $372,922 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $9,409,126 |
| Pension plan accruals and contributions | $41,282 |
| Other employee benefits | $1,507,520 |
| Payroll taxes | $893,429 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $60,642 |
| Fees for services: Accounting | $78,545 |
| Fees for services: Lobbying | $159,440 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $15,686 |
| Fees for services: Other | $1,229,949 |
| Advertising and promotion | $57,237 |
| Office expenses | $72,902 |
| Information technology | $124,355 |
| Royalties | $0 |
| Occupancy | $1,854,694 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $140,140 |
| Interest | $8,206 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $497,928 |
| Insurance | $38,192 |
| All other expenses | $5,894 |
| Total functional expenses | $17,817,035 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,594,537 |
| Savings and temporary cash investments | $299,785 |
| Pledges and grants receivable | $574,540 |
| Accounts receivable, net | $3,429,164 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $965,326 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $229,267 |
| Net Land, buildings, and equipment | $1,313,275 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $5,434,276 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $834,161 |
| Total assets | $20,674,331 |
| Accounts payable and accrued expenses | $776,814 |
| Grants payable | $0 |
| Deferred revenue | $482,855 |
| 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 | $1,602,767 |
| Total liabilities | $2,862,436 |
| Net assets without donor restrictions | $10,113,484 |
| Net assets with donor restrictions | $7,698,411 |
| 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 | $20,674,331 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Jewish Vocational Service Inc has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
A C Ratshesky Foundation Needham, MA PURPOSE: PROGRAM SUPPORT | $10,000 |
Endowment Analysis
| Beg. Balance | $753,330 |
| Earnings | $106,475 |
| Ending Balance | $859,805 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jewish Vocational Service Inc Boston, MA | $20,674,331 | $21,644,492 |
Operation Able Of Greater Boston Inc Boston, MA | $1,665,428 | $6,750,238 |
Upwardly Global New York, NY | $12,593,796 | $11,973,523 |
Johnson Oconnor Research Foundation Inc Boston, MA | $5,410,045 | $5,445,179 |
Americas Youth Teenage Unemployment Reduction Network Inc Brockton, MA | $425,863 | $1,785,740 |
Prea Foundation Inc Hartford, CT | $15,344,989 | $2,684,612 |
Womens Enterprise Development Center Inc North White Plains, NY | $1,478,875 | $1,781,451 |
Mentor Rhode Island - The Ri Mentoring Partnership Inc Warwick, RI | $1,152,643 | $1,206,336 |
Nh-Jag Concord, NH | $294,123 | $815,099 |
Aisling Irish Community Center Inc Yonkers, NY | $1,576,769 | $659,648 |
Coaches Collective Internationalinc Sanbornton, NH | $546,916 | $486,251 |
Midnight Run Inc Dobbs Ferry, NY | $410,453 | $348,959 |