Philadelphia Works Inc
- Assets
- $19.6m
- Revenue
- $60.4m
- Investments
- $0.0
- Employees
- 87
- Location
- Philadelphia, PA
- Founding
- 11/2000
- Data as of
- 06/2021
- EIN
- 23-3048942
Organization Overview
Philadelphia Works Inc is located in Philadelphia, PA. The organization was established in 2000. 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, Philadelphia Works Inc employed 87 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Philadelphia Works 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 06/2021, Philadelphia Works Inc generated $60.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.6% each year. All expenses for the organization totaled $60.3m during the year ending 06/2021. While expenses have increased by 5.5% 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.
Since 2015, Philadelphia Works Inc has awarded 444 individual grants totaling $407,253,368. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PHILADELPHIA WORKS, INC. STRIVES TO BUILD A STRONGER WORKFORCE THROUGH CAREER, SKILLS TRAINING, EMPLOYMENT SERVICES FOR CAREER SEEKERS, BUSINESS SERVICES FOR EMPLOYERS, AND LABOR MARKET INSIGHTS FOR SMART WORKFORCE SOLUTIONS AND INNOVATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PHILADELPHIA WORKS MANAGES A COMPREHENSIVE WORKFORCE DEVELOPMENT SYSTEM THAT INCLUDES STRATEGIC PARTNERSHIPS WITH MORE THAN 50 SERVICE AND TRAINING PROVIDERS/PARTNERS THAT BENEFITS NEARLY 40,000 CAREER-SEEKERS AND APPROXIMATELY 2,000 EMPLOYERS EACH YEAR. PHILADELPHIA'S WORKFORCE SYSTEM PROVIDES QUALITY ACCESS AND OPPORTUNITY TO BOTH EMPLOYERS AND CAREER-SEEKERS AND SUPPORTS A THRIVING ECONOMY THROUGHOUT THE REGION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
H Patrick Clancy President & CEO | Officer | 37.5 | $231,806 |
Dale F Porter Chief Financial Officer | Officer | 37.5 | $160,301 |
Margaret Shope Koppel Chief Research Officer | 37.5 | $150,815 | |
Michael Joynes VP Of Government Affairs | 37.5 | $138,504 | |
Sheila Boornazian VP Of Hr And Adm | 37.5 | $137,700 | |
Patricia Blumenauer VP Of Operations | 37.5 | $119,813 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Hasspeters Construction | 6/29/17 | $441,963 |
Ciardi Ciardi & Astin Legal Services | 6/29/17 | $153,920 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $58,159,776 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $58,159,776 |
| Total Program Service Revenue | $0 |
| Investment income | $6,587 |
| 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 | $60,435,334 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $49,530,628 |
| 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. | $392,107 |
| Compensation of current officers, directors, key employees. | $392,107 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,462,715 |
| Pension plan accruals and contributions | $173,106 |
| Other employee benefits | $976,713 |
| Payroll taxes | $434,090 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $11,435 |
| Fees for services: Accounting | $96,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $120,215 |
| Advertising and promotion | $24,075 |
| Office expenses | $480,209 |
| Information technology | $374,311 |
| Royalties | $0 |
| Occupancy | $777,071 |
| Travel | $3,293 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $36,261 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $392,882 |
| Insurance | $87,957 |
| All other expenses | $0 |
| Total functional expenses | $60,321,531 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,202,521 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $13,364,136 |
| 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 | $82,088 |
| Net Land, buildings, and equipment | $1,473,341 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $502,682 |
| Total assets | $19,624,768 |
| Accounts payable and accrued expenses | $101,719 |
| 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 | $18,683,558 |
| Total liabilities | $18,785,277 |
| Net assets without donor restrictions | $195,688 |
| Net assets with donor restrictions | $643,803 |
| 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 | $19,624,768 |
Grants Awarded
Over the last fiscal year, Philadelphia Works Inc has awarded $48,158,419 in support to 111 organizations.
| Grant Recipient | Amount |
|---|---|
EDUCATIONAL DATA SYSTEMS INC PURPOSE: JOB-TRAINING | $7,301,608 |
Philadelphia, PA PURPOSE: JOB-TRAINING | $6,851,196 |
Philadelphia, PA PURPOSE: JOB-TRAINING | $6,646,832 |
Philadelphia, PA PURPOSE: JOB-TRAINING | $4,810,559 |
Clearwater, FL PURPOSE: JOB-TRAINING | $4,641,406 |
Philadelphia, PA PURPOSE: JOB-TRAINING | $4,170,797 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Philadelphia Works Inc has recieved totaling $832,653.
| Awarding Organization | Amount |
|---|---|
Pidc Community Capital Philadelphia, PA PURPOSE: SUB-GRANT REBUILD PROGRAM SUPPORT | $582,420 |
Independence Blue Cross Foundation Philadelphia, PA PURPOSE: THE NEW NORMAL HOME HEALTH AIDE UPSKILLING PROGRAM | $150,000 |
Pidc Community Capital Philadelphia, PA PURPOSE: BUILD BACK BETTER EDA | $50,000 |
Skillup Coalition San Francisco, CA PURPOSE: ACCELERATE INNOVATION TO SUPPORT STUDENT PARENTS AND BREAK DOWN THE BARRIERS THEY FACE IN ACHIEVING SUCCESS IN POST-SECONDARY EDUCATION. | $50,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $233 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Center For Employment Opportunities Inc New York, NY | $41,857,908 | $87,797,672 |
Mdrc New York, NY | $143,919,606 | $93,136,568 |
1199 Seiu League Training And Upgrading Fund New York, NY | $42,542,566 | $63,487,129 |
Jevs Human Services Philadelphia, PA | $77,364,523 | $72,235,566 |
Philadelphia Works Inc Philadelphia, PA | $19,624,768 | $60,435,334 |
Common Ground Management Corporation New York, NY | $34,376,983 | $41,849,859 |
Consortium For Worker Education Inc New York, NY | $27,138,774 | $23,461,109 |
Private Industry Council Of Westmoreland Fayette Inc Greensburg, PA | $8,538,862 | $23,750,755 |
Change Incorporated Weirton, WV | $10,912,278 | $21,367,906 |
Coalition On Homeless And Housing In Ohio Columbus, OH | $8,605,666 | $14,656,133 |
Lifestyles For The Disabled Inc Staten Island, NY | $5,937,706 | $11,027,240 |
Buffalo And Erie County Workforce Development Consortium Inc Buffalo, NY | $1,944,049 | $11,546,333 |