Cristo Rey Dallas Corporate Work Study Program Inc is located in Dallas, TX. The organization was established in 2015. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. As of 06/2022, Cristo Rey Dallas Corporate Work Study Program Inc employed 50 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cristo Rey Dallas Corporate Work Study Program 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 06/2022, Cristo Rey Dallas Corporate Work Study Program Inc generated $4.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 21.8% each year . All expenses for the organization totaled $3.6m during the year ending 06/2022. While expenses have increased by 20.3% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF CRISTO REY DALLAS WORK STUDY PROGRAM IS TO PROVIDE PROFESSIONAL CORPORATE AND NONPROFIT WORK EXPERIENCE AND CAREER EXPLORATION TO THE 400+ STUDENTS OF CRD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EACH YEAR, THE CORPORATE WORK STUDY PROGRAM AT CRISTO REY DALLAS COLLEGE PREP SERVES MORE THAN 400 STUDENTS, 99% OF WHOM ARE STUDENTS OF COLOR AND 94% OF WHOM HAVE FAMILY INCOMES WITHIN 250% OF THE FEDERAL POVERTY LINE. THE PROGRAM PROVIDES THESE STUDENTS WITH VITAL ACCESS TO NEW CAREER PATHS, EMPOWERS EACH OF THEM TO DEVELOP LONG-TERM ACADEMIC AND PROFESSIONAL GOALS, AND RESOURCES THEM WITH THE TOOLS AND EXPERIENCE THEY NEED TO ACHIEVE THEIR ASPIRATIONS. SPECIFICALLY, THE CORPORATION PARTNERED WITH 120 LOCAL BUSINESSES TO PROVIDE WORK STUDY JOBS FOR EACH OF CRISTO REY DALLAS HIGH SCHOOL, INC'S 421 STUDENTS DURING THE YEAR ENDED JUNE 30, 2022. THROUGH THESE EFFORTS, THE CORPORATION WAS ABLE TO PROVIDE TUITION ASSISTANCE VIA QUALIFIED EDUCATION ASSISTANCE PLACE ("QEAP") IN THE AMOUNT OF $2,209,20 0 STUDENTS BEGIN THE PROGRAM EACH AUGUST WITH THE THREE-WEEK VIVA! TRAINING CAMP, WHERE THEY LEARN ABOUT AND PREPARE FOR A PROFESSIONAL WORKPLACE. UPON COMPLETION, STUDENTS ARE PLACED IN TEAMS OF FOUR, EACH WORKING ONE FULL BUSINESS DAY WEEKLY THROUGHOUT THE SCHOOL YEAR AND ROTATING FRIDAYS AT PREMIERE DALLAS COMPANIES AND NONPROFIT ORGANIZATIONS. THROUGH THIS UNIQUE PROGRAM DESIGN, EACH STUDENT TEAM FULFILLS ONE FULL-TIME, ENTRY LEVEL JOB ROLE. EACH YEAR, EVERY STUDENT ACCUMULATES MORE THAN 400 HOURS OF HANDS-ON WORK EXPERIENCE AND RECEIVES ONGOING FEEDBACK FROM THEIR SUPERVISORS. OUTSIDE THEIR JOB ROLES, STUDENTS ALSO ATTEND A REGULAR "PREPAREDNESS FOR THE MODERN WORKPLACE" COURSE, WHERE THEY LEARN ADDITIONAL HARD AND SOFT SKILLS SUCH AS ELEVATOR PITCHES, FEEDBACK AND GOAL-SETTING, ACCOUNTING BASICS (TAUGHT BY DELOITTE), AND PROFESSIONAL NETWORKING TO AID THEM IN THEIR WORK STUDY POSITIONS. IN 2021-2022, WE CONTINUED TO ADD NEW JOB PARTNERS, INCLUDING SEWELL AUTOMOTIVE COMPANIES, VISTRA CORP, FOLEY & LARDNER LLP, SUN HOLDINGS, INC., AND ORIGIN BANK. OUR JOB PARTNERS AND STUDENTS ALSO EMBRACED THE GROWTH OF REMOTE CO-WORKING ACROSS ALL INDUSTRY SECTORS, WITH APPROXIMATELY 20 STUDENTS UTILIZING THE SCHOOL'S EXCITING NEW CITYPLACE TOWER SPACE FOR REMOTE CWSP WORK EACH DAY. ANNUALLY, 97%+ OF JOB PARTNERS RATE THEIR STUDENTS AS MEETING OR EXCEEDING THEIR EXPECTATIONS, AND THEY RAVE ABOUT THE VALUE THEIR STUDENT WORKERS PROVIDE: -"KRISTINA SHOULD BE RECOGNIZED EVERY DAY. SHE IS INTELLIGENT, HARDWORKING, AND TAKES INITIATIVE. A SPECIFIC RECOGNITION FOR KRISTINA IS THAT SHE ASSISTED ALICIA ALLRED IN A PROJECT FOR OUR CEO." -"PARTNERING WITH THE CRISTO REY STUDENT PROGRAM HAS BEEN A GREAT RESOURCE FOR OUR MARKETING EFFORTS AND EXTERNAL COMMUNICATIONS. EACH YEAR THE STUDENTS HAVE BEEN ABLE TO BRING A FRESH PERSPECTIVE TO OUR TEAM, DETAILED MARKET RESEARCH, AND OFFER NEW INSIGHTS ON HOW SOCIAL MEDIA CAN BE FURTHER UTILIZED TO REACH OUR TARGET AUDIENCE." -"ON MALIHA'S SECOND DAY OF WORK, WE HOSTED ALL OF OUR EXECUTIVES ACROSS THE NATION IN OUR OFFICE. SHE WAS IMMEDIATELY READY TO JUMP IN AND WAS A HUGE HELP!!! SHE IS SO DETAIL ORIENTED AND WE FEEL LIKE EVERYTHING WE GIVE HER IS DONE THOROUGHLY. WE CAN TRUST HER WITH SO MUCH MORE THAN WE COULD HAVE EVER HOPED FOR. SHE IS A JOY TO WORK WITH, AND SHE IS ALWAYS TAKING THE LEAD TO LOOK FOR MORE OPPORTUNITIES TO HELP OUT!" ULTIMATELY, THE PROGRAM'S HIGHLY RESOURCED AND SUPPORTIVE ENVIRONMENT IS TRULY A TRANSFORMATIONAL OPPORTUNITY FOR AREA STUDENTS. IN NEARBY PUBLIC SCHOOLS, STUDENT POST-SECONDARY ACHIEVEMENT LAGS FAR BEHIND STATE AVERAGES. JUST UNDER 50% OF PLEASANT GROVE STUDENTS ENROLL IN COLLEGE, AND FEWER THAN 10% GO ON TO COMPLETE A DEGREE. IN CONTRAST, AT CRD, MORE THAN 90% OF GRADUATES GO ON TO ENROLL IN COLLEGE. NATIONALLY, CRISTO REY NETWORK ALUMNI ARE NEARLY FIVE TIMES MORE LIKELY TO COMPLETE THEIR DEGREE THAN THOSE ATTENDING A PLEASANT GROVE PUBLIC HIGH SCHOOL. OF THOSE, NEARLY 95% WILL BE THE FIRST IN THEIR FAMILIES TO ATTAIN A DEGREE. THIS IS SYSTEM-LEVEL CHANGE IN ACTION.
NONE
NONE
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Michael Mendoza President | Officer | 20 | $0 |
Monica DE La Cerda Dean Of Counseling | 0 | $0 | |
Abigail Hoak-Morton Ed Of Development And Cwsp | Officer | 20 | $0 |
Kathy St Clair Director Of Finance And Hr | Officer | 0 | $0 |
Caroline Bergonia Director Of Finance And Hr | Officer | 0 | $0 |
Patrick Cox Board Member | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $194,978 |
All other contributions, gifts, grants, and similar amounts not included above | $225,570 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $420,548 |
Total Program Service Revenue | $3,779,968 |
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 | $4,203,799 |
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 | $622,546 |
Pension plan accruals and contributions | $16,239 |
Other employee benefits | $109,712 |
Payroll taxes | $49,768 |
Fees for services: Management | $22,800 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $2,678 |
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 | $1,585 |
Information technology | $44,603 |
Royalties | $0 |
Occupancy | $140,997 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | -$957 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $30,950 |
Insurance | $0 |
All other expenses | $54,500 |
Total functional expenses | $3,614,918 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $2,044,822 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $100,200 |
Accounts receivable, net | $450,098 |
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 | $17,741 |
Net Land, buildings, and equipment | $219,197 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $717,034 |
Total assets | $3,549,092 |
Accounts payable and accrued expenses | $70,402 |
Grants payable | $0 |
Deferred revenue | $179,125 |
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 | $249,527 |
Net assets without donor restrictions | $3,299,565 |
Net assets with donor restrictions | $0 |
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 | $3,549,092 |