Candorful Inc
- Assets
- $191.7k
- Revenue
- $204.5k
- Investments
- $0.0
- Employees
- 2
- Location
- Malden, MA
- Founding
- 03/2019
- Data as of
- 12/2021
- EIN
- 82-2947445
Organization Overview
Candorful Inc is located in Malden, MA. The organization was established in 2019. According to its NTEE Classification (J99) the organization is classified as: Employment N.E.C., under the broad grouping of Employment and related organizations. As of 12/2021, Candorful Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Candorful 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 12/2021, Candorful Inc generated $204.5k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 39.5% each year . All expenses for the organization totaled $84.8k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
CAREER PLACEMENT ASSISTANCE INTERVIEW COACHING FOR TRANSITIONING MILITARY VERTERANS AND OTHER UNDERREEPRESENTED / AT-RISK POPULATIONS AND THEIR FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE CAREER PLACEMENT ASSISTANCE AND INTERVIEW COACHING TO TRANSITIONING MILITARY VETERANS AND OTHER UNDERREPRESENTED / AT-RISK INDIVIDUALS AND THEIR FAMILIES.
TO PROVIDE CAREER PLACEMENT ASSISTANCE AND INTERVIEW COACHING TO TRANSITIONING MILITARY VETERANS AND OTHER UNDERREPRESENTED / AT-RISK INDIVIDUALS AND THEIR FAMILIES.
TO PROVIDE CAREER PLACEMENT ASSISTANCE AND INTERVIEW COACHING TO TRANSITIONING MILITARY VETERANS AND OTHER UNDERREPRESENTED / AT-RISK INDIVIDUALS AND THEIR FAMILIES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patricia Hubbell Executive Director | OfficerTrustee | 60 | $50,000 |
Charlie Tillett Treasurer | Trustee | 1 | $0 |
Pete Sutkis President | Trustee | 10 | $0 |
Jerry Johnson Clerk | Trustee | 1 | $0 |
Guy Snodgrass Director | Trustee | 1 | $0 |
Eric Silverman Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $124,101 |
| Related organizations | $0 |
| Government grants | $14,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $66,099 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $204,200 |
| Total Program Service Revenue | $0 |
| Investment income | $305 |
| 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 | $204,505 |
| 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. | $50,543 |
| Compensation of current officers, directors, key employees. | $14,742 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $4,313 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,527 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $6,452 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $6,452 |
| Advertising and promotion | $0 |
| Office expenses | $2,463 |
| Information technology | $615 |
| 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 | $0 |
| All other expenses | $15,514 |
| Total functional expenses | $84,787 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $191,723 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $191,723 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| 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 | $191,723 |
| Total liabilities and net assets/fund balances | $191,723 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Candorful Inc has recieved totaling $2,500.
| Awarding Organization | Amount |
|---|---|
East Boston Saving Bank Charitable Foundation Inc Rockland, MA PURPOSE: EXEMPT PURPOSES | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Dig Safe System Inc Wilmington, MA | $4,148,340 | $6,175,046 |
New York Building Congress Inc New York, NY | $3,066,059 | $4,826,595 |
Careers Through Culinary Arts Program Inc New York, NY | $2,830,215 | $5,233,513 |
Encyclopaedia Iranica Foundation Inc New York, NY | $22,477,016 | $2,010,229 |
Workforce Professionals Traininginstitute New York, NY | $1,114,908 | $1,988,483 |
Adult Vocational Programs Inc Chester, CT | $421,705 | $1,785,717 |
Jewelers Vigilance Committee Inc New York, NY | $4,420,545 | $1,098,238 |
Techbuffalo Inc Buffalo, NY | $1,135,908 | $870,650 |
High Meadows Institute Inc Boston, MA | $799,847 | $750,074 |
Justice At Work Boston, MA | $646,758 | $575,221 |
Amal Academy Inc New York, NY | $1,373,775 | $930,000 |
Abraham And Mildred Goldstein Charitable Tr 101494 New York, NY | $13,589,728 | $907,778 |