Overview
What is Careerwise New York Inc?
Careerwise New York Inc is a revolutionary nonprofit organization based in New York City, specifically at 500 7th Avenue 8th Floor STE 09A-117. Their primary mission is to foster opportunities for high school students by establishing a youth apprenticeship program in growing industries such as IT, financial services, and business operations. By integrating practical learning experiences into the classroom, they aim to prepare aspiring professionals with the necessary skills for both academic and financial success. Employers also benefit from this initiative, as Careerwise New York offers them an opportunity to develop work-ready talent tailored to their business needs. With a focus on innovation and sustainability, the organization brings together public and private stakeholders to ensure a thriving youth apprenticeship system in New York City, thereby creating a mutually beneficial environment for both students and businesses.
Official website here: www.careerwisenewyork.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 97%
Careerwise New York Inc has achieved an impressive Four-Star out of Four Star rating from Charity Navigator, indicating a strong level of accountability and financial health. The organization scored 100% in Accountability & Finance, reflecting its commitment to transparency and effective management. This high score is primarily derived from a rigorous analysis of its financial practices and governance.
The organization demonstrates robust governance with 88% of its board members being independent, which enhances oversight and decision-making. Additionally, Careerwise maintains strong financial practices, including no material diversion of assets and a high program expense ratio of over 81%, ensuring that a significant portion of its funding directly supports its mission.
While the organization excels in financial metrics and governance, ongoing monitoring of its performance and community impact will be essential for sustaining its high rating. Overall, Careerwise New York Inc stands out as a trustworthy nonprofit with a strong commitment to fiscal responsibility and effective operational practices.
This AI summary has been generated from information found on Charity Navigator.
Is Careerwise New York Inc legitimate?
Careerwise New York Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Careerwise New York 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: $393,878
Professional Fundraising Fees: $17,000
Other Salaries and Wages: $2,577,977
For more financial information, click here
Official website here: www.careerwisenewyork.org
What is the mission statement of Careerwise New York Inc?
Careerwise New York Inc's mission is centered around creating opportunities for both youth and businesses. They achieve this by developing and supporting an innovative, sustainable youth apprenticeship system. This model, which is business-led and student-centered, brings together various stakeholders, ensuring that students gain the necessary skills and knowledge for academic and financial success. Simultaneously, it provides businesses with access to highly-trained talent. The organization acts as a bridge between the educational sector and the business world, fostering a mutually beneficial partnership.
Official website here: www.careerwisenewyork.org
Who is the CEO of Careerwise New York Inc?
Noel Ginsburg is the CEO of Careerwise New York Inc The CEO's salary of Careerwise New York Inc is $0 and their total compensation is $0.
Official website here: www.careerwisenewyork.org
What is the revenue of Careerwise New York Inc?
Careerwise New York Inc's revenue in 2024 was $4,669,150.
Official website here: www.careerwisenewyork.org
Who are the executives of Careerwise New York Inc and what are their salaries?
The average compensation at Careerwise New York Inc during 2024 was $92,870. There are 32 employees and 15 volunteers at Careerwise New York Inc.
Here are 22 key members and their salaries (Careerwise New York Inc's CEO's salary is $0 and their total compensation is $0):
- Compensation: $76,906
- Related: $115,359
- Other: $39,005
- Compensation: $195,795
- Related: $0
- Other: $18,325
- Compensation: $160,033
- Related: $0
- Other: $19,956
- Compensation: $103,548
- Related: $44,377
- Other: $10,724
- Compensation: $133,469
- Related: $0
- Other: $5,939
- Compensation: $135,187
- Related: $0
- Other: $1,297
- Compensation: $108,294
- Related: $0
- Other: $4,136
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Compensation: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.careerwisenewyork.org
Where can I find the form 990 for Careerwise New York Inc?
Careerwise New York Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.careerwisenewyork.org
Learn more at the official website: www.careerwisenewyork.org
Mission Statement of Careerwise New York Inc
Careerwise New York Inc, a prominent organization, is dedicated to creating opportunities for both youth and businesses in New York City. Their mission is to develop and support an innovative, sustainable youth apprenticeship system. By bringing together public and private stakeholders, Careerwise New York Inc aims to equip students with the necessary skills and knowledge for both financial and academic success. Simultaneously, the organization strives to provide businesses with access to highly-trained talent. Through this business-led, student-centered model, Careerwise New York Inc is committed to bridging the gap between education and employment, ultimately contributing to the growth and prosperity of the community.
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Impact
July, 2024
Careerwise New York Inc's impact lies in creating opportunities for youth and businesses across New York City through the development and support of an innovative, sustainable youth apprenticeship system. By offering high school students practical learning experiences in growing industries like IT, financial services, and business operations, Careerwise New York equips them with the skills and knowledge necessary for future success. Additionally, the organization provides businesses with a hands-on role in shaping work-ready talent, helping them innovate and grow their operations. Through a business-led, student-centered approach, Careerwise New York bridges the gap between education and industry, ensuring that both students and businesses thrive in the evolving job market.
This information is meant to be a general summary of Careerwise New York 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $18,744
- Program Service Revenue: $1,605,598
- Gross Receipts: $4,669,150
Assets and Liabilities:
- Total Assets: $3,784,786
- Total Liabilities: $163,916
- Net Assets: $3,620,870
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
APPRENTICESHIP PROGRAM
Revenue
$657,049
CONTRACT REVENUE
Revenue
$506,692
ADVISORY SERVICES
Revenue
$350,000
AFFILIATE REVENUE
Revenue
$91,857
Organization Details
Founding Year
2020
Principal Officer
Noel Ginsburg
Website
www.careerwisenewyork.orgNTEE Category
Code: B90 - Education
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