Arrupe Corporate Work Study Program EIN 46-0508814

Arrupe Corporate Work Study Program FY2021 filing

Not yet claimed Claim this org →

Enables students to participate in a work-study program. For fiscal year 2021 it reported $872K in revenue, $872K in expenses.Pt I

Type
Religious organization · Nonprofit
Location
Denver, CO
Website
www.arrupejesuit.com
Filings
6 on file (2020–2021)
Revenue
$872KFY2021
Expenses
$872K
Net assets
$0
People
15
Filings
6
Updates
0
More identity details & actions ⌄
EIN  46-0508814 Religious organization Denver, CO
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →
Compare with another nonprofit →
Figures match the IRS filing checked 8/30/26 · see original: IRS
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until Arrupe Corporate Work Study Program claims this page.

Know this organization? Claim it to add your story

Size
$1–10M
What they do
Enables students to participate in a work-study program.
Leadership
Richard Ninneman · President - Term End 5/21 · $105K
Money in and out
$872K revenue, $872K expenses
Bottom line
98% program efficiency
Where the money goes · FY2021
Total revenue
$872K
Pt VIII · Ln 12
Total expenses
$872K
Pt IX · Ln 25
Net assets
$0
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $0
Where spending went · Part IX cols B–D
Program services $0.98 Management & general $0.02
Program efficiency
98%
of spending reaches programs
Operating runway
6.1mo
months of highly liquid reserves at operating expense rate
Surplus margin
0%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$872K
FY2021▼ -63%
Expenses
$872K
FY2021▼ -63%
Total assets
$471K
FY2021▼ -13%
Total liabilities
$471K
FY2021▼ -13%
Total revenue
$872K
Pt VIII · Ln 12
Total expenses
$872K
Pt IX · Ln 25
Net assets
$0
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$0
Total assetsPt X · Ln 16$471K
Program-expense ratioPt IX · col B98%
Voting members of governing bodyPt I · Ln 312
Independent voting membersPt I · Ln 411
Mission & Programs · Part III

Where the work happens

1 program service account for $854K of program spending, described in the organization's own filed words · FY2020.
01

Arrupe corporate work study program allowed 442 economically disadvantaged high school students to pursue their education by participating in WORK/STUDY programs with 50 local businesses while attending arrupe jesuit high school.

$854Kprogram expense

Run this program? Claim this org to tell your story

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CArrupe Corporate Work Study Program
EINHdr · item D46-0508814
Principal addressHdr · item CDenver, CO
WebsiteHdr · item Jwww.arrupejesuit.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCO
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFMar 1946

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a12
Independent voting membersPt VI · Ln 1b11
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
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 · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
President - Term End 5/21
$104,987Pt VII · Sec A
President - Term Begin 5/21
$0Pt VII · Sec A
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Chad Cookinham$134,423$138,943$120,525$51,634
Richard Ninneman$104,987$104,300

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Arrupe Corporate Work Study Program executive salaries →

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

Statement of Revenue

Part VIII
Program service revenue$741K · 85%
Contributions & grants$130K · 15%
Program service revenue85%$741K
Contributions & grants15%$130K
Investment income$242
— government grantsLn 1e$122K
Total revenueLn 12$872K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.98 Management & general $0.02
Program services98%$854K
Management & general2%$18K
Total functional expensesLn 25$872K

Balance Sheet

Part X · end of year
CashLn 1$440K
Total assetsLn 16$471K
Total liabilitiesLn 26$471K
Total net assetsLn 32$0
Months of cash on handcomputed6.1

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $440K · Operating expenses/yr $872K
6.1 months
Where the money goes
Program services
Program services $854K · Total expenses $872K
98%
Management & General
Management & general $18K · Total expenses $872K
2%
Fundraising
Fundraising $0 · Total expenses $872K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $11K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $130K · Total revenue $872K
15%
Government reliance
Government grants $122K · Total revenue $872K
14%
Earned-income share
Program service revenue $741K · Total revenue $872K
85%
Investment reliance
Investment income $242 · Total revenue $872K
+0.03%
Program self-sufficiency
Program service revenue $741K · Total expenses $872K
85%
Growth & trend
Revenue growth (YoY)
This year $872K · Prior year $2.3M
-63%
Net-asset trend (YoY)
End of year $0 · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $872K · Expenses $872K
0%
Liabilities-to-Assets
Total liabilities — · Total assets $471K
Net-asset ratio
Net assets $0 · Total assets $471K
0%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $471K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Richard Ninneman · Reported title PRESIDENT - TERM END 5/21 · Highest reported compensation $105K · Total expenses $872K
12%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $621K · Total expenses $872K
71%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 98%
Overhead ratio 2%
Fundraising cost ratio 0%
Revenue growth -63%
Accounting fee ratio 0.7%

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.

Grants

Schedule I · funders on record
Grants received · FY2024
AllosourceFY2024$6K
Total grants receivedfrom 3 funders$70K
See all 3 funders →

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
FY2025 (Latest)$3.1M revenue · ⤓ 990 PDF
FY2024$2.5M revenue · ⤓ 990 PDF
FY2023$2.5M revenue · ⤓ 990 PDF
FY2022$1.6M revenue · ⤓ 990 PDF
FY2021$872K revenue · viewing · ⤓ 990 PDF
FY2020$2.3M 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) · FY2021IRS
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

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.