Overview
What is Careerwise Colorado?
Careerwise Colorado is a pioneering nonprofit organization based in Denver, Colorado. Their primary objective is to catalyze the development of modern apprenticeship programs across various communities, regions, and states in the U.S. Over the past six years, they have successfully launched and grown a coalition of businesses and schools in Colorado, redefining apprenticeships for the 21st century. Careerwise's innovative model combines paid, on-the-job training with continued classroom education, benefiting employers, students, and society alike. Successful apprentices are equipped for career and/or college success, widening their opportunities and cultivating a more skilled workforce for a rapidly changing economy. With support from national funders like Bloomberg Philanthropies and the Bill & Melinda Gates Foundation, Careerwise has garnered significant philanthropic and government investment for its innovative approach. Their locally implemented programs foster relationships between businesses, students, and schools, while their national team coordinates between these programs to identify and capture best practices for scale and impact. As a recipient of federal funding, Careerwise plays a leadership role in modernizing the U.S. registered apprenticeship system, focusing on younger, more diverse populations.
Official website here: www.careerwisecolorado.org
What are the reviews and ratings of this charity?
Careerwise Colorado has received an impressive Four-Star out of Four Star rating from Charity Navigator, reflecting a high level of accountability and financial health. The organization's score of 95% is derived solely from its Accountability & Finance metrics, indicating that it manages its resources effectively and adheres to best practices in governance.
Key strengths include a fully independent board and a strong program expense ratio, with 87.43% of expenditures directly supporting its mission. Additionally, the organization has shown a commendable fundraising efficiency, spending only $0.03 to raise each dollar. However, it currently lacks a whistleblower policy and has not yet been scored on impact, measurement, culture, or leadership adaptability due to insufficient data.
Unfortunately, feedback from GreatNonprofits could not be accessed, leaving user sentiment currently unreported. Overall, Careerwise Colorado demonstrates strong financial practices but could benefit from addressing its governance gaps.
This AI summary has been generated from information found on Charity Navigator.
Is Careerwise Colorado legitimate?
Careerwise Colorado is a legitimate nonprofit organization registered as a 501(c)(3) entity. Careerwise Colorado 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: $748,989
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,836,175
For more financial information, click here
Official website here: www.careerwisecolorado.org
What is the mission statement of Careerwise Colorado?
Careerwise Colorado's mission is to establish a forward-thinking, sustainable youth apprenticeship system. By undertaking this mission, Careerwise Colorado aims to create opportunities for both youth and businesses nationwide. This is achieved through a business-driven, student-focused model that brings together various stakeholders. This collaborative approach ensures that students gain the necessary skills and knowledge for academic and financial success, while businesses gain access to highly skilled talent. Careerwise Colorado operates in a third-person perspective, never mentioning specific locations or individuals in its mission statement.
Official website here: www.careerwisecolorado.org
Who is the CEO of Careerwise Colorado?
Noel Ginsburg is the CEO of Careerwise Colorado The CEO's salary of Careerwise Colorado is $0 and their total compensation is $0.
Official website here: www.careerwisecolorado.org
What is the revenue of Careerwise Colorado?
Careerwise Colorado's revenue in 2024 was $6,622,589.
Official website here: www.careerwisecolorado.org
Who are the executives of Careerwise Colorado and what are their salaries?
The average compensation at Careerwise Colorado during 2024 was $91,703. There are 50 employees and 16 volunteers at Careerwise Colorado.
Here are 26 key members and their salaries (Careerwise Colorado's CEO's salary is $0 and their total compensation is $0):
- Compensation: $115,359
- Related: $76,906
- Other: $39,005
- Compensation: $161,654
- Related: $0
- Other: $16,988
- Compensation: $44,377
- Related: $103,548
- Other: $10,724
- Compensation: $133,230
- Related: $0
- Other: $23,783
- Compensation: $127,409
- Related: $0
- Other: $13,785
- Compensation: $115,009
- Related: $0
- Other: $24,096
- Compensation: $125,880
- Related: $0
- Other: $12,484
- Compensation: $120,482
- Related: $0
- Other: $12,404
- Compensation: $119,967
- Related: $0
- Other: $11,939
- Compensation: $111,642
- Related: $0
- Other: $20,117
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Official website here: www.careerwisecolorado.org
Where can I find the form 990 for Careerwise Colorado?
Careerwise Colorado's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.careerwisecolorado.org
Learn more at the official website: www.careerwisecolorado.org
Mission Statement of Careerwise Colorado
Careerwise Colorado, a notable organization, is committed to creating a robust and enduring apprenticeship system for youth across the nation. Their mission revolves around bridging the gap between educational institutions and businesses, fostering a collaborative environment where students can access the necessary skills and knowledge for both academic and financial success. By leveraging a business-driven, student-centered approach, Careerwise Colorado brings together various stakeholders, ensuring that students have the opportunity to gain from a highly-trained talent pool, while businesses benefit from a workforce equipped with the necessary competencies.
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Impact
July, 2024
Careerwise Colorado's impact lies in revolutionizing the traditional concept of apprenticeships for the 21st century. By catalyzing the development of business-led, modern youth apprenticeship programs and systems, Careerwise has successfully launched and grown a coalition of businesses and schools in Colorado. These programs provide a bridge between education and employment, equipping successful apprentices with the skills needed to thrive in their careers or further education.
Additionally, Careerwise has built a national network of partner initiatives that leverage its tools, technologies, and processes to promote more equitable economic and educational outcomes across the country. The organization has received support from prominent funders including Bloomberg Philanthropies, the Bill & Melinda Gates Foundation, and the United States Department of Labor.
Through its locally implemented programs, Careerwise facilitates formal relationships between businesses, students, and educational institutions, fostering a more skilled workforce and expanding opportunities for participants. As a recipient of federal funding, Careerwise also plays a crucial leadership role in modernizing the U.S. registered apprenticeship system to cater to a younger, more diverse demographic.
Noteworthy attention from leading research institutes and policymakers further underscores the transformative potential of Careerwise's model. The organization's mission to create opportunities for youth and businesses through innovative apprenticeship programs is crucial for shaping the future of workforce development and education in Colorado and beyond.
This information is meant to be a general summary of Careerwise Colorado. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $232,715
- Program Service Revenue: $1,841,315
- Gross Receipts: $6,622,589
Assets and Liabilities:
- Total Assets: $7,305,305
- Total Liabilities: $1,226,441
- Net Assets: $6,078,864
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NATIONAL STRATEGY ENGAGEMENT
Revenue
$1,561,255
BUSINESS PARTNER FEES
Revenue
$161,297
NATIONAL STRATEGY EVENT FEES
Revenue
$118,763
Organization Details
Founding Year
2016
Principal Officer
Noel Ginsburg
Website
www.careerwisecolorado.orgNTEE Category
Code: B02 - Education
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