Mikeroweworks Foundation
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Educates people about skilled trades, correcting myths and helping fill the workforce gap. For fiscal year 2024 it reported $5.9M in revenue, $3.3M in expenses, and $13.3M in net assets.Pt I
Summary of the Filing
Where the work happens
In 2024, we awarded the largest dollar amount of scholarships in a single year since the inception of the program. The scholarships ranged from $600 to $25,00THE average scholarship amount being $7,500AND we selected recipients pursuing 21+ different skilled trade programs in 44 states.
In 2024, 32 high schools and 23 colleges in 18+ states implemented the work ethic curriculum, a modular 12-HOUR, 12-LESSON course. By the end of the year, we issued 2,495 certifications, with a total of more than 6,700+ certifications since we developed the curriculum in 2019.
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Statement of Revenue
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Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 90% | — | — |
| Overhead ratio | 7% | — | — |
| Fundraising cost ratio | 2% | — | — |
| Revenue growth | 36% | — | — |
| Legal fee ratio | 0% | — | — |
| Accounting fee ratio | 2% | — | — |
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.
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