On Ramps
- Assets
- $154.6k
- Revenue
- $452.0k
- Investments
- $0.0
- Employees
- 4
- Location
- New Orleans, LA
- Founding
- 04/2019
- Data as of
- 07/2022
- EIN
- 82-4600914
Organization Overview
On Ramps is located in New Orleans, LA. The organization was established in 2019. According to its NTEE Classification (B30) the organization is classified as: Vocational & Technical Schools, under the broad grouping of Education and related organizations. As of 07/2022, On Ramps employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. On Ramps 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 07/2022, On Ramps generated $452.0k in total revenue. The organization has seen a slow decline revenue. Over the past 3 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $433.3k during the year ending 07/2022. As we would expect to see with falling revenues, expenses have declined by (0.3%) per year over the past 3 years. 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
ON RAMPS MISSION STATEMENT IS TO PRODUCE GRADUATES THAT GO ON TO BECOME SKILLED, CERTIFIED INDUSTRY WORKERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THROUGH ENGAGING AND HANDS-ON EDUCATION OPPORTUNITIES, ON RAMPS PREPARES HIGH SCHOOL STUDENTS TO BE FUTURE INDUSTRY LEADERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nathaniel Adam Bourne President | Trustee | 40 | $0 |
Jared Loftus COO | Trustee | 0 | $0 |
Tevin Felix Director | Trustee | 0 | $0 |
Kathy Litchfield Grote Secretary | Trustee | 0 | $0 |
Todd Reynolds Chairman | Trustee | 0 | $0 |
Laura Smith Treasurer | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $99,050 |
| All other contributions, gifts, grants, and similar amounts not included above | $201,514 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $300,564 |
| Total Program Service Revenue | $151,425 |
| 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 | $451,989 |
| 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. | $66,400 |
| Compensation of current officers, directors, key employees. | $13,280 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $148,560 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $16,682 |
| Payroll taxes | $16,206 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $28,265 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $18,936 |
| Advertising and promotion | $0 |
| Office expenses | $6,755 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $10,305 |
| 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 | $5,255 |
| All other expenses | $2,750 |
| Total functional expenses | $433,322 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $41,347 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $113,208 |
| 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 | $154,555 |
| Accounts payable and accrued expenses | $23,759 |
| 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 | $52,916 |
| Other liabilities | $0 |
| Total liabilities | $76,675 |
| Net assets without donor restrictions | $77,880 |
| 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 | $154,555 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that On Ramps has recieved totaling $167,556.
| Awarding Organization | Amount |
|---|---|
Youth Force Nola New Orleans, LA PURPOSE: CAREER-CONNECTED LEARNING | $99,556 |
The Greater New Orleans Foundation New Orleans, LA PURPOSE: EDUCATION | $50,000 |
United Way Of Southeast Louisiana New Orleans, LA PURPOSE: GRANT FUNDING | $10,000 |
Smidt Foundation Beverly Hills, CA PURPOSE: TEACHER-LED SKILLED TRADES EDUCATION PROJECT | $8,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
North American University Stafford, TX | $17,187,030 | $12,287,470 |
Genesys Works Houston, TX | $3,513,316 | $7,886,001 |
Agape Development Ministries Houston, TX | $5,335,198 | $3,787,112 |
Gulf Coast Trades Center New Waverly, TX | $3,594,934 | $4,661,220 |
Rgr Industries Inc Weslaco, TX | $113,711 | $4,345,199 |
The Texas International Institute Of Health Professions Houston, TX | $1,051,100 | $3,423,750 |
Gulf Coast Safety Council St Rose, LA | $8,585,164 | $3,314,134 |
Leaders In Education Houston, TX | $4,759,065 | $5,189,161 |
New Orleans Career Center New Orleans, LA | $1,143,787 | $3,091,199 |
Valley Grande Institute For Academic Studies Weslaco, TX | $6,074,695 | $3,497,097 |
Austin Plumbers & Pipefitters Training Tr Round Rock, TX | $4,787,849 | $3,048,612 |
Texas Iron Workers Training Tr Sugar Land, TX | $4,527,942 | $1,932,105 |