Npower Inc

Organization Overview

Npower Inc is located in Brooklyn, NY. The organization was established in 2001. According to its NTEE Classification (S50) the organization is classified as: Nonprofit Management, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Npower Inc employed 373 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Npower 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, Npower Inc generated $22.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 18.8% each year . All expenses for the organization totaled $21.5m during the year ending 12/2021. While expenses have increased by 17.4% 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

2021

Describe the Organization's Mission:

Part 3 - Line 1

NPOWER IS A NATIONAL NONPROFIT THAT CREATES PATHWAYS TO ECONOMIC PROSPERITY BY LAUNCHING DIGITAL CAREERS FOR MILITARY VETERANS AND YOUNG ADULTS FROM UNDERSERVED COMMUNITIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

NPOWER'S SERVICES ARE DELIVERED THROUGH THE FOLLOWING PROGRAMS:TECH FUNDAMENTALS IS A 23-WEEK VIRTUAL CLASSROOM AND INTERNSHIP TRAINING PROGRAM FOR YOUNG ADULTS BETWEEN THE AGES OF 18 AND 25, MILITARY VETERANS AND THEIR SPOUSES THAT RESULTS IN CAREER ENHANCING OPPORTUNITIES INCLUDING JOBS, TECHNICAL CERTIFICATION AND QUALIFICATION FOR HIGHER EDUCATION. IN 2021, THE PROGRAM OPERATED IN NEW YORK (BROOKLYN AND HARLEM), NEW JERSEY (JERSEY CITY AND NEWARK), TEXAS (DALLAS), MARYLAND (BALTIMORE), MISSOURI (ST. LOUIS), CALIFORNIA (SAN JOSE) AND MICHIGAN (DETROIT) AND PROVIDED THE INDUSTRY-RECOGNIZED CERTIFICATIONS: COMPTIA A+ AND IT FUNDAMENTALS+, A GOOGLE IT SUPPORT CERTIFICATE, AND AN IT GENERALIST APPRENTICESHIP CREDENTIAL. IN ADDITION, TRAINEES RECEIVED EXPOSURE TO MICROSOFT, CISCO, AWS AND OTHER LEADING TECHNOLOGIES; MENTORING FROM SENIOR LEVEL IT PROFESSIONALS; EMPLOYMENT READINESS WORKSHOPS; JOB PLACEMENT ASSISTANCE WITH ACCESS TO A WIDE RANGE OF TOP EMPLOYERS; AND A FULL RANGE OF ONGOING SOCIAL SERVICE AND PERSONAL DEVELOPMENT SUPPORT.INFORMATION TECHNOLOGY SUPPORT SPECIALIST IS AN 18-WEEK VIRTUAL CLASSROOM AND INTERNSHIP TRAINING PROGRAM DESIGNED TO PROVIDE PARTICIPANTS WITH THE BASICS OF IT NETWORKING, TROUBLESHOOTING, AND INFRASTRUCTURE. IN 2021, THE PROGRAM OPERATED IN CALIFORNIA (LOS ANGELES) AND PROVIDED AN OPPORTUNITY TO EARN INDUSTRY-RECOGNIZED CERTIFICATIONS: COMPTIA ITF+, MICROSOFT CERTIFIED 365 & AZURE FUNDAMENTALS AND A GOOGLE IT SUPPORT CERTIFICATE. IN ADDITION, TRAINEES HAVE AN OPPORTUNITY FOR A PAID INTERNSHIP OR A PROJECT-BASED LEARNING EXPERIENCE; EXPOSURE TO MICROSOFT, GOOGLE AND OTHER LEADING TECHNOLOGIES; MENTORING FROM SENIOR LEVEL IT PROFESSIONALS; EMPLOYMENT READINESS WORKSHOPS; JOB PLACEMENT ASSISTANCE WITH ACCESS TO A WIDE RANGE OF TOP EMPLOYERS; AND A FULL RANGE OF ONGOING SOCIAL SERVICE AND PERSONAL DEVELOPMENT SUPPORT.ADVANCED CERTIFICATIONS ARE ACCELERATED TRAINING PROGRAMS FOR MORE ADVANCED IT COURSEWORK INCLUDING CYBERSECURITY AND CLOUD COMPUTING. EACH PROGRAM PATH OFFERS FREE VIRTUAL TRAINING AND IN-DEMAND CERTIFICATIONS DESIGNED TO PREPARE PROGRAM ALUMNI FOR HIGHER WAGE IT JOBS.CYBERSECURITY IS AN 18-WEEK VIRTUAL INSTRUCTION PROGRAM FOLLOWED BY A 12-WEEK PAID INTERNSHIP. THE PROGRAM PROVIDES ALL THE TOOLS NEEDED FOR PARTICIPANTS TO LAUNCH A CAREER IN THE FIELD OF CYBERSECURITY. IN 2021, THE PROGRAM OPERATED ON A NATIONAL BASIS AND PROVIDED THE INDUSTRY-RECOGNIZED COMPTIA SECURITY+ CERTIFICATION; MENTORING FROM SENIOR LEVEL CYBERSECURITY PROFESSIONALS AND PROGRAM ALUMNI; CAREER DEVELOPMENT WORKSHOPS; JOB PLACEMENT ASSISTANCE WITH ACCESS TO A WIDE RANGE OF TOP EMPLOYERS; OPPORTUNITY TO EARN CYBERSECURITY SUPPORT TECHNICIAN APPRENTICESHIP CREDENTIALS (IN TX AND NJ); A RANGE OF SOCIAL SERVICE AND PERSONAL DEVELOPMENT SUPPORT; AND ACCESS TO AN ELITE, SUPPORTIVE ALUMNI NETWORK.CLOUD COMPUTING IS A 12-WEEK VIRTUAL TRAINING PROGRAM DESIGNED FOR WORKING TECH PROFESSIONALS THAT THAT PROVIDES THE OPPORTUNITY TO EARN INDUSTRY-RECOGNIZED, IN-DEMAND CERTIFICATIONS INCLUDING AWS CLOUD PRACTITIONER AND AWS SOLUTIONS ARCHITECT-ASSOCIATE. IN 2021, THE PROGRAM OPERATED ON A NATIONAL BASIS AND INCLUDES 14 HOURS OF WEEKLY ONLINE LECTURES AND LABS; THREE TIMES A WEEK ONLINE INSTRUCTION; BI-WEEKLY PROFESSIONAL MENTORING; AND THE OPPORTUNITY FOR PROMOTION OR MERIT BASED SALARY INCREASE.APPROXIMATELY 1,175 YOUNG ADULTS, MILITARY VETERANS AND THEIR SPOUSES WERE ENROLLED INTO THE PROGRAMS IN 2021 AND OVER 5,625 GRADUATES PARTICIPATE IN THE ALUMNI NETWORK.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
The Tns Group
Information Technology Services
$597,118
Tek And Tech Llc
Training Program Module Integration - Go
$992,832
Varident Llc
Marketing Services & Website Hosting
$276,190
Burning Glass International Inc
Labor Market Research
$160,000
Finn Partners Inc
Marketing/public Relations
$165,370
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$1,431,930
Related organizations$0
Government grants $3,386,579
All other contributions, gifts, grants, and similar amounts not included above$16,613,281
Noncash contributions included in lines 1a–1f $614,718
Total Revenue from Contributions, Gifts, Grants & Similar$21,431,790
Total Program Service Revenue$1,101,802
Investment income $3
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$122,619
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $22,673,461

Grants Recieved

Over the last fiscal year, we have identified 53 grants that Npower Inc has recieved totaling $9,470,906.

Awarding OrganizationAmount
Citi Foundation

New York, NY

PURPOSE: WOMEN OF COLOR IN TECH COALITION PROGRAM

$2,000,000
Tides Foundation

San Francisco, CA

PURPOSE: EQUITY, HUMAN RIGHTS, AND ECONOMIC EMPOWERMENT

$1,550,000
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$1,052,085
Jp Morgan Chase Foundation

New York, NY

PURPOSE: IN SUPPORT OF CREATING ECONOMIC MOBILITY AND CAREER PATHWAYS

$1,000,000
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: OPERATIONAL SUPPORT

$700,000
The Blackrock Charitable Foundation

New York, NY

PURPOSE: JOBS AND ECONOMIC MOBILITY

$500,000
View Grant Recipient Profile

Peer Organizations

Organization NameAssets
Grhs Foundation Inc
Rochester, NY
$43,275,253
Phoebe Services Inc
Allentown, PA
$32,050,372
Hispanic Federation Inc
New York, NY
$50,097,384
Common Fund For Non-Profit Organizations
Wilton, CT
$274,004,992
Affiliates Risk Management Services Inc
New York, NY
$29,825,362
New Profit Inc
Boston, MA
$77,118,974
Nonprofit Finance Fund
New York, NY
$35,516,704
Npower Inc
Brooklyn, NY
$22,673,461
Program Development Services Inc
Brooklyn, NY
$21,610,144
Project Social Care Head Start
Brooklyn, NY
$20,235,501
Race Forward
New York, NY
$35,206,795
Doris Duke Management Foundation
New York, NY
$14,155,611

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