Futureworks Inc

Organization Overview

Futureworks Inc, operating under the name Masshire Springfield Career Center, is located in Springfield, MA. The organization was established in 2003. 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 06/2022, Masshire Springfield Career Center employed 50 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Masshire Springfield Career Center 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 06/2022, Masshire Springfield Career Center generated $2.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $2.3m during the year ending 06/2022. While expenses have increased by 1.3% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

ONE STOP CAREER CENTER PROVIDING WORKFORCE DEVELOPMENT SERVICES TO EMPLOYERS AND JOBSEEKERS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

FUTUREWORKS, INC. PROMOTES CAREER OPPORTUNITIES BY PROVIDING EDUCATIONAL PROGRAMS, CAREER COUNSELING, AND RECRUITING SERVICES TO 5,957 JOBSEEKERS AND 3,077 BUSINESSES.


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Board, Officers & Key Employees

Name (title)Compensation
Kevin Lynn
Executive Director
$103,431
Kathleen Kreminec
Dir. Of Finance And Hr
$87,344
Todd Snopkowski
Vice President
$0
Kermit Dunkelberg
Secretary
$0
Allison Ebner
President
$0
Josephine Sarnelli
Treasurer
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $2,215,163
All other contributions, gifts, grants, and similar amounts not included above$2,000
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,217,163
Total Program Service Revenue$70,703
Investment income $110
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 $2,287,976

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Futureworks Inc has recieved totaling $2,150,249.

Awarding OrganizationAmount
Masshire Hampden County Workforce Board Inc

Springfield, MA

PURPOSE: CAREER SERVICES

$2,150,249
View Grant Recipient Profile

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