Foundation For Workforce Mobility
- Assets
- $437.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 12/2005
- Data as of
- 03/2022
- EIN
- 75-3138889
Organization Overview
Foundation For Workforce Mobility is located in Washington, DC. The organization was established in 2005. According to its NTEE Classification (V35) the organization is classified as: International Studies, under the broad grouping of Social Science and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foundation For Workforce Mobility 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 03/2022, Foundation For Workforce Mobility generated $161.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.0% each year . All expenses for the organization totaled $146.7k during the year ending 03/2022. While expenses have increased by 20.8% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
SCHOLARSHIP THE FOUNDATION PARTNERS WITH SELECT REGIONAL NON-PROFIT RELOCATION GROUPS TO AWARD SCHOLARSHIPS TO STUDENTS WHO HAVE BEEN IMPACTED BY RELOCATION. THE FOUNDATION'S SCHOLARSHIP MAY BE ENHANCED BY ADDITIONAL GIVING FROM THE REGION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shannon Brown Trustee (until 12/2021); Chair-Elect (from 1/2022) | 0.5 | $0 | |
Robert Brizuela Trustee | 0.5 | $0 | |
Timothy Nowak Trustee | 0.5 | $0 | |
Lynn Shotwell Evp & CEO | 0.5 | $0 | |
Zeke Oaks Chair-Elect (until 12/2021); Chair (from 1/2022) | 0.5 | $0 | |
Sylvia Salazar Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $84,872 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $76,870 |
| Other Revenue | $175 |
| Total Revenue | $161,917 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $24,245 |
| Occupancy, rent, utilities, and maintenance | $84,406 |
| Printing, publications, postage, and shipping | $241 |
| Other expenses | $12,847 |
| Total expenses | $146,739 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $434,576 |
| Other assets | $0 |
| Total assets | $437,418 |
| Total liabilities | $1,104 |
| Net assets or fund balances | $436,314 |
Grants Awarded
Over the last fiscal year, Foundation For Workforce Mobility has awarded $61,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Houston, TX PURPOSE: HURRICANE HARVEY RELIEF FUND | $42,363 |
Summit, NJ PURPOSE: SUPPORT FOR ORG'S COMMUNITY SUPPORT MISSION | $10,250 |
Lithia, FL PURPOSE: HURRICANE IRMA RELIEF | $8,387 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Woodrow Wilson International Center For Scholars Washington, DC | $101,804,343 | $30,447,202 |
African Population Health & Research Center Inc Rockville, MD | $31,767,222 | $22,719,111 |
Actionaid Usa Washington, DC | $3,925,088 | $6,196,724 |
American Research Center In Egypt Inc Alexandria, VA | $109,986,600 | $7,381,606 |
American Institute For Contemporary German Studies John Hopkins Univ Washington, DC | $6,735,125 | $1,428,780 |
Institute For Palestine Studies Usa Inc Washington, DC | $1,053,380 | $418,519 |
Gulf International Forum Inc Washington, DC | $21,436 | $464,385 |
American Institute For Yemeni Studies Washington, DC | $648,969 | $410,306 |
Association For Safe International Road Travel Inc Potomac, MD | $35,783 | $137,873 |
National Council For Languages And International Studies Garrett Park, MD | $0 | $197,138 |
Institute For International Studies C/O Jeffrey Berman Bethesda, MD | $0 | $0 |
Foundation For Workforce Mobility Washington, DC | $437,418 | $0 |