Kiryas Joel Workforce Developmentinc EIN 26-0637422 Form 990 (PDF) Claim this org

Kiryas Joel Workforce Developmentinc FY2022 filing

Not yet claimed Claim this org →

Provides adults with job training and skills to enter the workforce and improve their lives. For fiscal year 2022 it reported $126K in revenue, $33K in expenses, and $1.6M in net assets.Pt I

Type
Public charity (501(c)(3)) · Education
Location
Monroe, NY
Filings
5 on file (2020–2022)
Revenue
$126KFY2022
Expenses
$33K
Net assets
$1.6M
People
3
Filings
5
Updates
0
More identity details & actions ⌄
EIN  26-0637422 Public charity (501(c)(3)) Monroe, NY
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →
Compare with another nonprofit →
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until Kiryas Joel Workforce Developmentinc claims this page.

Know this organization? Claim it to add your story

Size
<$100K
What they do
Provides adults with job training and skills to enter the workforce and improve their lives.
Leadership
Gedalye Szegedin · Secretary/Ex
Money in and out
$126K revenue, $33K expenses
Bottom line
85% program efficiency
Where the money goes · FY2022
Total revenue
$126K
Pt VIII · Ln 12
Total expenses
$33K
Pt IX · Ln 25
Net assets
$1.6M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $93K
Where spending went · Part IX cols B–D
Program services $0.85 Management & general $0.15
Program efficiency
85%
of spending reaches programs
Operating runway
204.6mo
months of highly liquid reserves at operating expense rate
Surplus margin
+74%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$126K
FY2022▲ +4%
Expenses
$33K
FY2022▼ -14%
Total assets
$1.6M
FY2022▲ +6%
Total liabilities
$5K
FY2022▼ -47%
Total revenue
$126K
Pt VIII · Ln 12
Total expenses
$33K
Pt IX · Ln 25
Net assets
$1.6M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$93K
Total assetsPt X · Ln 16$1.6M
Program-expense ratioPt IX · col B85%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CKiryas Joel Workforce Developmentinc
EINHdr · item D26-0637422
Principal addressHdr · item CMonroe, NY
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B60)
Ruling yearIRS BMFDec 2008

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Secretary/Ex
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
President
$0Pt VII · Sec A
See Kiryas Joel Workforce Developmentinc executive salaries →

Are you one of these people? Claim this org to confirm your role

Mission & Programs · Part III

Where the work happens

1 program service account for $28K of program spending, described in the organization's own filed words · FY2022.
01

Operate programs and promote vocational job and skill training for the local community of adults of all ages in order to provide them with the skills necessary to join the workforce and put them on a better path in life.

$28Kprogram expense

Run this program? Claim this org to tell your story

Statement of Revenue

Part VIII
Program service revenue100%$126K
Total revenueLn 12$126K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.85 Management & general $0.15
Program services85%$28K
Management & general15%$5K
Total functional expensesLn 25$33K

Balance Sheet

Part X · end of year
CashLn 1$568K
Total assetsLn 16$1.6M
Total liabilitiesLn 26$5K
Total net assetsLn 32$1.6M
Months of cash on handcomputed204.6

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $568K · Operating expenses/yr $33K
204.6 months
Where the money goes
Program services
Program services $28K · Total expenses $33K
85%
Management & General
Management & general $5K · Total expenses $33K
15%
Fundraising
Fundraising $0 · Total expenses $33K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $126K
0%
Government reliance
Government grants — · Total revenue $126K
Earned-income share
Program service revenue $126K · Total revenue $126K
100%
Investment reliance
Investment income $0 · Total revenue $126K
0%
Program self-sufficiency
Program service revenue $126K · Total expenses $33K
378%
Growth & trend
Revenue growth (YoY)
This year $126K · Prior year $121K
+4%
Net-asset trend (YoY)
End of year $1.6M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $126K · Expenses $33K
+74%
Liabilities-to-Assets
Total liabilities — · Total assets $1.6M
Net-asset ratio
Net assets $1.6M · Total assets $1.6M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.6M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Gedalye Szegedin · Reported title SECRETARY/EX · Highest reported compensation $0 · Total expenses $33K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $33K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 85%
Overhead ratio 15%
Revenue growth 4%
Legal fee ratio 2%
Accounting fee ratio 15%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Similar Organizations

Closest in mission — by what they do
See all organizations like Kiryas Joel Workforce Developmentinc →

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$60K revenue · ⤓ 990 PDF
FY2023$108K revenue · ⤓ 990 PDF
FY2022$126K revenue · viewing · ⤓ 990 PDF
FY2021$121K revenue · ⤓ 990 PDF
FY2020$97K revenue · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.