Skills In Scranton Business Education Partnership
- Assets
- $304.6k
- Revenue
- $283.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Scranton, PA
- Founding
- 03/2009
- Data as of
- 06/2022
- EIN
- 26-2616020
Organization Overview
Skills In Scranton Business Education Partnership is located in Scranton, PA. The organization was established in 2009. According to its NTEE Classification (S99) the organization is classified as: Community Improvement & Capacity Building N.E.C., under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Skills In Scranton Business Education Partnership 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, Skills In Scranton Business Education Partnership generated $283.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 17.0% each year . All expenses for the organization totaled $195.4k during the year ending 06/2022. While expenses have increased by 11.7% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
SKILLS IN SCRANTON BUSINESS EDUCATION PARTNERSHIP ("SKILLS") IS A NOT-FOR-PROFIT CORPORATION AND IS THE WORKFORCE DEVELOPMENT AFFILIATE OF THE GREATER SCRANTON CHAMBER OF COMMERCE. SKILLS WORKS WITH LOCAL EMPLOYERS, SCHOOL DISTRICTS, HIGHER EDUCATION PARTNERS AND PENNSYLVANIA DATA EXPERTS TO DEVELOP STRATEGIES THAT HELP ENSURE THE REGIONAL WORKFORCE IS ALIGNED WITH HIGH PRIORITY JOBS OF THE FUTURE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SKILLS IN SCRANTON BUSINESS EDUCATION PARTNERSHIP ("SKILLS") IS A NOT-FOR-PROFIT CORPORATION AND IS THE WORKFORCE DEVELOPMENT AFFILIATE OF THE GREATER SCRANTON CHAMBER OF COMMERCE. SKILLS WORKS WITH LOCAL EMPLOYERS, SCHOOL DISTRICTS, HIGHER EDUCATION PARTNERS AND PENNSYLVANIA DATA EXPERTS TO DEVELOP STRATEGIES THAT HELP ENSURE THE REGIONAL WORKFORCE IS ALIGNED WITH HIGH PRIORITY JOBS OF THE FUTURE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tracy Brundage Chair | OfficerTrustee | 1 | $0 |
Maureen Brennan Vice Chair | OfficerTrustee | 1 | $0 |
Jason Washo Vice Chair | OfficerTrustee | 1 | $0 |
Robert F Durkin Secretary | OfficerTrustee | 1 | $0 |
Alex Stark Vice Chair | OfficerTrustee | 1 | $0 |
Drew Simpson Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $205,250 |
| All other contributions, gifts, grants, and similar amounts not included above | $76,627 |
| Noncash contributions included in lines 1a–1f | $38,227 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $281,877 |
| Total Program Service Revenue | $0 |
| Investment income | $1,375 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $326 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $283,578 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $65 |
| Fees for services: Accounting | $1,350 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $267 |
| Fees for services: Other | $0 |
| Advertising and promotion | $326 |
| Office expenses | $909 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $12 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $599 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $12 |
| All other expenses | $0 |
| Total functional expenses | $195,371 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $123,417 |
| Savings and temporary cash investments | $106,024 |
| Pledges and grants receivable | $30,000 |
| Accounts receivable, net | $7,800 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $33,838 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,522 |
| Total assets | $304,601 |
| Accounts payable and accrued expenses | $29,371 |
| Grants payable | $0 |
| Deferred revenue | $14,750 |
| 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 | $44,121 |
| Net assets without donor restrictions | $176,588 |
| Net assets with donor restrictions | $83,892 |
| 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 | $304,601 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Skills In Scranton Business Education Partnership has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
The Blackbaud Giving Fund Charleston, SC PURPOSE: CHARITABLE | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
569 Directions Credit Union Inc Toledo, OH | $1,165,662,447 | $46,146,625 |
Quadrivium New York, NY | $52,883,139 | $7,776,109 |
International Training Fund Annapolis, MD | $65,607,769 | $32,226,310 |
Alliance For Downtown New York Inc New York, NY | $19,570,349 | $22,494,008 |
Cities For Financial Empowerment Fund Inc New York, NY | $14,654,854 | $7,980,604 |
Cidny-Independent Living Services Inc Brooklyn, NY | $9,867,599 | $12,474,702 |
Waterfront Partnership Of Baltimore Inc Baltimore, MD | $10,304,693 | $15,904,703 |
Buffalo Urban Development Corporation Buffalo, NY | $100,186,156 | $9,769,050 |
Berks Community Action Program Inc Reading, PA | $2,377,966 | $7,401,234 |
Juvenile Justice Center Of Phila Philadelphia, PA | $3,150,884 | $6,364,511 |
Sid Public Services Association Columbus, OH | $3,043,026 | $3,862,882 |
Baltimore Public Markets Corporation Baltimore, MD | $11,139,758 | $2,603,111 |