Jvs Socal
- Assets
- $23.6m
- Revenue
- $28.8m
- Investments
- $0.0
- Employees
- 1,317
- Location
- Los Angeles, CA
- Founding
- 10/1943
- Data as of
- 12/2021
- EIN
- 95-1691012
Organization Overview
Jvs Socal is located in Los Angeles, CA. The organization was established in 1943. According to its NTEE Classification (J20) the organization is classified as: Employment Preparation & Procurement, under the broad grouping of Employment and related organizations. As of 12/2021, Jvs Socal employed 1,317 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jvs Socal 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, Jvs Socal generated $28.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.9% each year. All expenses for the organization totaled $26.8m during the year ending 12/2021. While expenses have increased by 6.6% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
JVS SOCAL OFFERS HOPE AND OPPORTUNITY TO OUR DIVERSE COMMUNITY THROUGH JOB TRAINING, MENTORING AND EDUCATION, COMBINED WITH EXPERT CAREER GUIDANCE, EMPLOYER PARTNERSHIPS AND COMPREHENSIVE RESOURCES, TRANSFORMING LIVES AND EMPOWERING INDIVIDUALS TO ACHIEVE DIGNITY AND INDEPENDENCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WORKFORCE DEVELOPMENTWORKFORCE DEVELOPMENT CENTERS OPERATES FEDERALLY-FUNDED AMERICA'S JOB CENTERS OF CALIFORNIA (AJCC) , WHICH ARE PART OF THE AMERICAN JOB CENTERS NETWORK, SERVING BOTH JOB SEEKERS AND LOCAL EMPLOYERS, OFFERING JOB FAIRS, CANDIDATE RECRUITMENT AND SCREENING. PROGRAMS FOR JOB SEEKERS INCLUDE: JOB READINESS WORKSHOPS AND COUNSELING IN THE AREAS OF COMPREHENSIVE JOB SEARCH AND EMPLOYMENT SERVICES TO ASSIST INDIVIDUALS WITH APPROPRIATE JOB TRAINING FOR CAREER PATHS AND EMPLOYMENT. JVS AJCC CENTERS PROVIDE SERVICES FOR ALL JOB SEEKERS, INCLUDING ADULTS AND YOUTH WITH SPECIAL NEEDS (AT-RISK, FOSTER AND PROBATION YOUTH). JVS ALSO OPERATES JVS VETERAN SERVICES THAT INCLUDES THE VETERANS FIRST PROGRAM THAT ASSISTS VETERANS TRANSITIONING TO THE CIVILIAN WORKFORCE AND VETERANS PEER ACCESS NETWORK THAT CONNECTS VETERANS TO COMMUNITY RESOURCES. JVS CONTRACTS WITH THE CITY OF WEST HOLLYWOOD, CITY OF SANTA MONICA, COUNTY OF LOS ANGELES, CITY OF LOS ANGELES, ANTELOPE VALLEY, THE STATE OF CALIFORNIA EDD AND CITY OF HAWTHORNE AND COLLABORATES WITH THE STATE DEPARTMENT OF REHABILITATION AND THE EMPLOYMENT DEVELOPMENT DEPARTMENT OFFICES TO PROVIDE WORKFORCE DEVELOPMENT SERVICES.
WELFARE TO WORKWELFARE TO WORK PROGRAMS PROVIDE ASSISTANCE TO THOUSANDS OF CLIENTS TRANSITIONING FROM WELFARE TO WORK THROUGH THE LOS ANGELES COUNTY GAIN PROGRAMS. THE PROGRAMS OFFER FULLSERVICE CASE MANAGEMENT UNDER THE SUPERVISION OF THE COUNTY. OFFICES ARE LOCATED IN CHATSWORTH, PALMDALE, SANTA CLARITA, AND GLENDALE.
JVS WORKSTRAINING SERVICES INCLUDE EMPLOYMENT SKILLS PROGRAMS THAT FOSTER GROWTH AND JOB READINESS IN INDIVIDUALS WHO ARE SEEKING NEW SKILLS OR NEW CAREER OPPORTUNITIES. PROGRAMS PREPARE CLIENTS WITH CUSTOMIZED JOB TRAINING, JOB PLACEMENT ASSISTANCE AND ONGOING COACHING FOR CAREERS IN THE HEALTH CARE AND FINANCIAL SERVICES SECTORS. JVS ALSO OPERATES A CAREER MENTORING PROGRAM DESIGNED SPECIFICALLY FOR WOMEN FACING A CAREER TRANSITION OR WORKING TO ADVANCE THEIR CAREER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alan Levey CEO | Officer | 40 | $385,782 |
Ted Feldman Cao | Officer | 40 | $254,608 |
Neal Mendelsohn Cso | Officer | 40 | $225,944 |
Dionne Day CFO | Officer | 40 | $182,261 |
Patricia Robinson VP Of Human Resources | 40 | $177,786 | |
Randy Lapin Senior VP Of Philanthropy | Officer | 40 | $175,487 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Chapman Cubine Allen & Hussey Inc Consulting - Marketing | 12/30/21 | $319,735 |
Swerdlow Florence Sanchez Swerdlow & Mi Legal | 12/30/21 | $129,353 |
Armanino Llp Audit | 12/30/21 | $120,396 |
Sharp Electronics Corporation It | 12/30/21 | $264,424 |
Secretariat Economists Llc Consulting - Data Analysis | 12/30/21 | $105,188 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $933,590 |
| Related organizations | $0 |
| Government grants | $22,398,913 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,152,450 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $28,484,953 |
| Total Program Service Revenue | $9,056 |
| Investment income | $244,933 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $20,203 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $28,759,145 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $801,800 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,329,971 |
| Compensation of current officers, directors, key employees. | $1,076,410 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $11,660,993 |
| Pension plan accruals and contributions | $639,500 |
| Other employee benefits | $1,501,172 |
| Payroll taxes | $897,103 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $675,379 |
| Fees for services: Accounting | $120,396 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $968,556 |
| Advertising and promotion | $90,570 |
| Office expenses | $128,295 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,772,008 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $231,685 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $34,720 |
| Insurance | $134,225 |
| All other expenses | $0 |
| Total functional expenses | $26,849,387 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,370 |
| Savings and temporary cash investments | $5,443,850 |
| Pledges and grants receivable | $4,672,026 |
| Accounts receivable, net | $90,162 |
| 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 | $310,402 |
| Net Land, buildings, and equipment | $53,125 |
| Investments—publicly traded securities | $13,051,456 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $24,320 |
| Total assets | $23,647,711 |
| Accounts payable and accrued expenses | $3,248,693 |
| Grants payable | $0 |
| Deferred revenue | $71,078 |
| 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 | $3,319,771 |
| Net assets without donor restrictions | $10,699,728 |
| Net assets with donor restrictions | $9,628,212 |
| 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 | $23,647,711 |
Grants Recieved
Over the last fiscal year, we have identified 47 grants that Jvs Socal has recieved totaling $2,358,613.
| Awarding Organization | Amount |
|---|---|
| $512,950 | |
The Harry & Jeanette Weinberg Foundation Inc Owings Mills, MD PURPOSE: TO SUPPORT TECHNOLOGY NEEDS IDENTIFIED IN JVS SOCALS 2018 IT/INFORMATION SECURITY ASSESSMENT, ENHANCED BY COVID-19 HEALTH RESTRICTIONS, AND THE CREATION OF A DISTANCE LEARNING PLATFORM TO SUPPORT JOB SEEKERS. | $500,000 |
Jewish Federation Council Of Greater Los Angeles Los Angeles, CA PURPOSE: GRANT EXPENSE | $417,046 |
Carl And Roberta Deutsch Foundation Santa Monica, CA PURPOSE: SOCIAL SERVICES | $145,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $107,238 |
Unihealth Foundation Los Angeles, CA PURPOSE: JVS SOCAL HEALTHWORKS PROGRAM EXPANSION | $100,000 |
Endowment Analysis
| Beg. Balance | $6,726,953 |
| Earnings | $606,978 |
| Net Contributions | $140,618 |
| Other Expense | $242,165 |
| Ending Balance | $7,232,384 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Center For Employment Training San Jose, CA | $31,804,454 | $32,924,536 |
Proteus Inc Visalia, CA | $12,093,986 | $29,240,779 |
San Diego Workforce Partnership Inc San Diego, CA | $11,460,026 | $27,546,774 |
Jvs Socal Los Angeles, CA | $23,647,711 | $28,759,145 |
Summer Search Oakland, CA | $27,211,830 | $33,940,327 |
Options For All Inc San Diego, CA | $11,651,717 | $19,801,261 |
Central Valley Opportunity Center Winton, CA | $7,895,014 | $14,975,890 |
Urban Corps Of San Diego San Diego, CA | $15,173,777 | $14,300,091 |
Film L A Inc Los Angeles, CA | $20,241,193 | $14,666,382 |
Yuma Private Industry Council Incorporated Yuma, AZ | $2,039,938 | $12,291,085 |
Workforce Development Corporation Southeast Los Angeles County Inc Cerritos, CA | $3,079,206 | $9,291,553 |
Arizona Industries For The Blind Phoenix, AZ | $15,708,519 | $11,232,717 |