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Jobs For Kentucky's Graduates Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 464660829 ✦ Lexington, KY ✦ Designated as a 501(c)(3)

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Overview

What is Jobs For Kentucky's Graduates Inc?

Jobs For Kentucky's Graduates Inc is a dedicated nonprofit organization situated in Lexington, Kentucky, specifically at 2365 Harrodsburg Road B330. Their primary mission is to assist at-risk students, enabling them to graduate from high school and successfully transition into the workforce or further education. The organization operates in various educational settings and out-of-school locations, currently serving over 3,900 students through 69 programs. Remarkably, Jobs For Kentucky's Graduates Inc has reported an impressive 100% high school graduation rate among their students. Post-graduation, 93% of the students either secure employment, pursue higher education, or join the military. The organization's performance exceeds the standards set by Jobs for America's Graduates in six out of six criteria, indicating their effectiveness and commitment to their cause. With a team of 10 dedicated individuals, Jobs For Kentucky's Graduates Inc is an essential resource for at-risk students in Kentucky.


Official website here: www.jagky.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Stars)

Jobs For Kentucky's Graduates Inc has achieved a remarkable Four-Star rating on Charity Navigator, reflecting their high standards in accountability and finance. This rating is entirely based on their accountability and finance score of 96%, indicating strong management and operational transparency. Such a score highlights the organization's commitment to responsible financial practices, ensuring that donations are utilized effectively.

The nonprofit boasts a fully independent board of directors, with all eight members meeting the criteria for independence. This governance structure contributes to the overall integrity of the organization, as evidenced by their perfect scores in areas such as financial oversight and the absence of any material diversion of assets. Additionally, the organization has comprehensive policies in place regarding conflicts of interest and whistleblowing, further enhancing their accountability.

Despite its strengths, no significant limitations were noted in the available data. With a program expense ratio of over 84%, the organization demonstrates a strong focus on programmatic spending rather than administrative costs. This reinforces their mission-driven approach, ensuring that the majority of their resources are directed towards supporting Kentucky's graduates. Overall, Jobs For Kentucky's Graduates Inc stands out as a highly reputable nonprofit committed to its financial and ethical responsibilities.


This AI summary has been generated from information found on Charity Navigator.

Is Jobs For Kentucky's Graduates Inc legitimate?

Jobs For Kentucky's Graduates Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Jobs For Kentucky's Graduates Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $173,534
Professional Fundraising Fees: $0
Other Salaries and Wages: $360,888

For more financial information, click here


Official website here: www.jagky.org

What is the mission statement of Jobs For Kentucky's Graduates Inc?

Jobs For Kentucky's Graduates Inc is committed to assisting at-risk students in achieving high school graduation and successfully transitioning to either employment or further education. Established in various school and out-of-school locations, the program serves over 3,900 students through 69 programs. The organization's primary goal is to ensure that 100% of its students graduate from high school. Following this, an impressive 93% of Jobs For Kentucky's Graduates (JAG) students are either employed, enrolled in post-secondary education, or have joined the military within a year of graduation. The program consistently surpasses the six criteria set by Jobs for America's Graduates.


Official website here: www.jagky.org

Who is the CEO of Jobs For Kentucky's Graduates Inc?

Lawrence Caruso is the Chairman of Jobs For Kentucky's Graduates Inc.


Official website here: www.jagky.org

What is the revenue of Jobs For Kentucky's Graduates Inc?

Jobs For Kentucky's Graduates Inc's revenue in 2023 was $5,464,225.


Official website here: www.jagky.org

Who are the executives of Jobs For Kentucky's Graduates Inc and what are their salaries?

The average compensation at Jobs For Kentucky's Graduates Inc during 2023 was $53,442. There are 10 employees and 190 volunteers at Jobs For Kentucky's Graduates Inc.


Here are 12 key members and their salaries:


Larry Caruso (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barrett Bridgewater (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Holland Spade (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Travis Burton (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharon Robinson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Dager (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gwen Bates (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jacqueline Pitts (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandy Nott (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Hatfield (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Stafford (Co-Executive Director)
  • Compensation: $104,008
  • Related: $0
  • Other: $4,226
Marcie Hanson (Co-Executive Director)
  • Compensation: $52,209
  • Related: $0
  • Other: $0


Official website here: www.jagky.org

Where can I find the form 990 for Jobs For Kentucky's Graduates Inc?

Jobs For Kentucky's Graduates Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.jagky.org

Learn more at the official website: www.jagky.org

Mission Statement of Jobs For Kentucky's Graduates Inc

Jobs For Kentucky's Graduates Inc, a nonprofit organization, is committed to assisting at-risk students in overcoming challenges and achieving their academic goals. The mission of this organization is to help these students graduate from high school and successfully transition into either the workforce or further education. By providing support and resources, Jobs For Kentucky's Graduates Inc aims to empower these students to build a brighter future for themselves.

The program has been implemented in various schools and out-of-school locations, reaching over 3,900 students through 69 programs. The organization's efforts have yielded impressive results, with 100% of Jobs For Kentucky's Graduates (JAG) students successfully graduating from high school. Furthermore, 93% of these graduates have gone on to secure employment, pursue post-secondary education, or enlist in the military after a one-year follow-up period. The organization's success has even surpassed the national standards set by Jobs for America's Graduates, meeting all six of their criteria.

In summary, Jobs For Kentucky's Graduates Inc is a dedicated organization that helps at-risk students overcome obstacles and achieve their academic and professional goals. By providing a supportive environment and resources, the organization has achieved remarkable results, with 100% high school graduation rates and over 90% of students successfully transitioning into work or further education.

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Impact




July, 2024

Jobs For Kentucky's Graduates Inc has had a significant impact on at-risk students in Kentucky by providing essential support to help them graduate from high school and successfully transition to work or further education. The program, established in schools and out-of-school locations, has served over 3,900 students through 69 programs. Notably, 100% of Jobs For Kentucky's Graduates students graduated from high school, and 93% were either employed, in post-secondary education, or enlisted in the military after the one-year follow-up period. By exceeding the criteria set by Jobs for America's Graduates, Jobs For Kentucky's Graduates is making a real difference in the lives of students, equipping them with the skills and resources needed for success.




This information is meant to be a general summary of Jobs For Kentucky's Graduates Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$5,464,225 (2023)
Expenses
$3,580,741 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $27,545
  • Program Service Revenue: $4,086,737
  • Gross Receipts: $5,464,225

Assets and Liabilities:

  • Total Assets: $2,948,031
  • Total Liabilities: $185,780
  • Net Assets: $2,762,251

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

SERVICE REVENUE

Revenue

$4,086,737

Organization Details

Founding Year

2014

Principal Officer

Lawrence Caruso

Main Address

2365 HARRODSBURG ROAD B330, LEXINGTON, KY, 40504

NTEE Category

Code: B90 - Education

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