To debunk myths and misperceptions about the skilled trades and close the skills gap.

501(c)(3) charity; gifts are tax-deductible.
88¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2022 · Form 990-TIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990-T
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $1.9M a year · 49% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
88%
of spending
Looks good: 88% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
47 mo
of spending, in cash
Looks good: 47.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
4
named funders · $75K
Looks good: 4 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$93K
1% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
3
of 7 voting members
Worth a look: 3 of 7 voting members are independent, under half.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$4.4M
+16% vs prior year
Spent
$2.2M
To programs
88%
Net assets
$8.8M
By yearFY2019–FY2024
Revenue
$4.4M
FY2022▲ +16%
Tap a bar for its year
Revenue by fiscal year
FY2019$1.6M
FY2020$3.2M
FY2021$3.8M
FY2022$4.4M
FY2023$4.3M
FY2024$5.9M
Expenses
$2.2M
FY2022▲ +57%
Tap a bar for its year
Expenses by fiscal year
FY2019$1.1M
FY2020$1.5M
FY2021$1.4M
FY2022$2.2M
FY2023$2.2M
FY2024$3.3M
Net assets
$8.8M
FY2022▲ +32%
Tap a bar for its year
Net assets by fiscal year
FY2019$2.6M
FY2020$4.3M
FY2021$6.7M
FY2022$8.8M
FY2023$11.0M
FY2024$13.3M

From the FY2022 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Apr 2009.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

88 cents of each dollar spent went to programs.

Program services 88% · $1.9M Management & general 8% · $174K Fundraising 4% · $80K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

7 people listed on the 990-T.

Part VII, Section A · reportable compensation
CEO and CFO
$0Pt VII · Sec A
President and COO
$0Pt VII · Sec A
Vice President and Secreta
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
See Mikeroweworks Foundation executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Educates people about skilled trades, correcting myths and helping fill the workforce gap.

Questions for Mikeroweworks Foundation

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Provided by the organization

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2 programs · $1.7M · in their own filed words · FY2022
01

Through our annual work ethic scholarship program, we initially selected 138 recipients totaling $1,050,750 in work ethic scholarships. 134 recipients ultimately accepted their awards in 17 eligible skilled trade programs across 38 states.

$1.5Mprogram expense
02

We first started to develop a work ethic curriculum in 2019 that we piloted at a handful of colleges in 2020. The work ethic curriculum focuses on the 12 statements of the S.W.E.A.T. Pledge.

$183Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
See all 4 funders →
Grants paid · 18 grants · $8.6M · 2019–2024
Tact Kids INCNY · FY2024$54,000
Cafe MomentumTX · FY2024$50,000
Stand Together FoundationVA · FY2020$125,000
Tact Kids INCNY · FY2020$10,000
The Lime FoundationCA · FY2020$10,000
Skillsusa Foundation INCVA · FY2019$50,000
Aid JoySC · FY2019$25,000
Mountain View CollegeFY2019$800

By the numbers

The FY2022 990-T, line by line.

1The main four
Money in
$4.4M
Gifts and grants$4.2M
Investment income$89K
Other income$38K
Money out
$2.2M
Programs$1.9M
Management$174K
Fundraising$80K
Owns and owes
$8.8M
net assets
Cash and savings$8.5M
Total assets$8.9M
Liabilities$93K
People
7
listed
Paid0
Voting board7
Independent3
2In more detail
Revenue in detail
Gifts and grants$4.2M
Investment income$89K
Other income$38K
Total revenue$4.4M
Assets in detailEnd of year
Cash and savings together$8.5M
Total assets$8.9M
Liabilities$93K
Net assets$8.8M
Operations
Employees2
Volunteers0
Fiscal year endsDecember
Conflict-of-interest policyYes
Whistleblower policyYes
Records policyYes

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $5.9M$3.3M$2.6M$13.3M 990 PDF
FY2023 $4.3M$2.2M$2.1M$11.0M 990 PDF
FY2022 Viewing $4.4M$2.2M$2.2M$8.8M 990 PDF
FY2021 $3.8M$1.4M$2.4M$6.7M 990 PDF
FY2020 $3.2M$1.5M$1.7M$4.3M 990 PDF
FY2019 $1.6M$1.1M$433K$2.6M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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