Workfirst Foundation
- Assets
- $267.2k
- Revenue
- $633.1k
- Investments
- $0.0
- Employees
- 13
- Location
- New York, NY
- Founding
- 10/2006
- Data as of
- 12/2022
- EIN
- 32-0161008
Organization Overview
Workfirst Foundation is located in New York, NY. The organization was established in 2006. According to its NTEE Classification (J22) the organization is classified as: Job Training, under the broad grouping of Employment and related organizations. As of 12/2022, Workfirst Foundation employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Workfirst Foundation 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 12/2022, Workfirst Foundation generated $633.1k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $1.1m during the year ending 12/2022. 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
PROVIDES JOB TRAINING, EMPLOYMENT SERVICES AND SUPPORT TO DISADVANTAGED INDIVIDUALS AND ASSISTS IN THE STUDY OF ISSUES LEADING TO ECONOMIC AND SOCIAL DISADVANTAGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
JOB TRAINING, EMPLOYMENT SERVICES AND SUPPORT TO DISADVANTAGED INDIVIDUALS AND ASSISTS IN THE STUDY OF ISSUES LEADING TO ECONOMIC AND SOCIAL DISADVANTAGE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mario Leonardo Chairman | OfficerTrustee | 10 | $40,000 |
Kathy Mone Treasurer | OfficerTrustee | 5 | $0 |
Spencer Smith Director | Trustee | 0 | $0 |
Kevin Reilly Director | Trustee | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
America Works Of Maryland Inc Employment Services | 12/30/22 | $297,061 |
America Works Of Washington Dc Inc Employment Services | 12/30/22 | $110,364 |
Electrolift Creative Llc Documentary Filmmaking | 12/30/22 | $573,617 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $234,091 |
| All other contributions, gifts, grants, and similar amounts not included above | $399,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $633,091 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $633,091 |
| 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. | $40,000 |
| Compensation of current officers, directors, key employees. | $40,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $60,000 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $9,150 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $21,167 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $887 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $13,167 |
| All other expenses | $0 |
| Total functional expenses | $1,125,413 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $192,892 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $69,066 |
| 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 | $4,517 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $681 |
| Total assets | $267,156 |
| Accounts payable and accrued expenses | $74,794 |
| 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 | $41,000 |
| Total liabilities | $115,794 |
| Net assets without donor restrictions | $67,046 |
| Net assets with donor restrictions | $84,316 |
| 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 | $267,156 |