Creating business for social enterprises with work force development programs that support and expand job opportunities for people with significant barriers to fairwage employment.

501(c)(3) charity; gifts are tax-deductible.
70¢ of each $1 spent went to programs.
$72K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: 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
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 5
filings with a surplus
Average deficit $111K a year · 9% of revenue · last 5 filings
Concern: a surplus in 1 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
70%
of spending
Fine: 70% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$72K
to officers and key staff · 6% of spending
Looks good: pay to officers and key staff is 6% of spending; 15% or less.
Pt VII · Sec A
<1 mo
of spending, in cash
Worth a look: 0.6 months of spending in cash; under 1.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $24K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$286K
102% of total assets
Concern: liabilities are 102% of assets; over 80%.
Pt X · Ln 26
Independent board members
2
of 5 voting members
Worth a look: 2 of 5 voting members are independent, under half.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$929K
Spent
$1.1M
To programs
70%
Net assets
−$6K
By yearFY2020–FY2024
Revenue
$929K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$929K
FY2021$1.4M
FY2022$1.2M
FY2023$1.3M
FY2024$1.2M
Expenses
$1.1M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$1.1M
FY2021$1.3M
FY2022$1.4M
FY2023$1.4M
FY2024$1.3M
Net assets
−$6K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020−$6K
FY2021$89K
FY2022−$197K
FY2023−$335K
FY2024−$424K

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Revoked May 2010, reinstated. IRS ruling Jul 2014, per the IRS master file. Latest filing on record: FY2024. IRS ruling in Jul 2014.

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

Where the money goes

70 cents of each dollar spent went to programs.

Program services 70% · $782K Management & general 25% · $281K Fundraising 5% · $61K

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

5 people listed on the 990; $72K paid to officers and key staff.

Part VII, Section A · reportable compensation
$71,909Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Dena Hirschberg’s $72K as President is at the 10th percentile of top reported officer pay among 1246 $1–10M employment nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

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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 15aYes

Programs and updates

Connects social enterprises with businesses to create jobs for those facing employment barriers.

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Provided by the organization

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1 program · $782K · in their own filed words · FY2020
01

The Organization expands markets for global social enterprise partners, and introduces their goods to new channels of distribution. By taking inventory and infusing these organizations with immediate capital, they can provide fair and sustainable wages, valuable services like healthcare, clean water, education, housing, and more for…

$782Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$24K

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$929K
Ln 12
Gifts and grantsLn 1h$786K
Other incomeLn 4–11$141K
Investment incomeLn 3$785
Money outPt IX
$1.1M
Ln 25
Programscol B$782K
Managementcol C$281K
Fundraisingcol D$61K
Owns and owesPt X
−$6K
net assets · Ln 32
Cash and savingsLn 1–2$60K
Total assetsLn 16$280K
LiabilitiesLn 26$286K
PeoplePt VI, VII
5
listed · VII A
PaidVII A1
Voting boardVI 1a5
IndependentVI 1b2
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$786K
Noncash giftsLn 1g$264K
Fees for servicesLn 2g$692
Investment incomeLn 3$785
Other incomeLn 4–11$141K
Gains on assetsLn 7$785
Total revenueLn 12$929K
Assets in detailPt X, end of year
CashLn 1$60K
SavingsLn 2$0
Cash and savings togetherLn 1–2$60K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$26K
Other assetsLn 15$4K
Total assetsLn 16$280K
LiabilitiesLn 26$286K
Net assetsLn 32−$6K
OperationsPt I, VI
EmployeesI 514
VolunteersI 64
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$34K$60K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$33K$26K
Total assetsLn 16$373K$280K
LiabilitiesLn 26$183K$286K
Net assetsLn 32$190K−$6K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$72K$47K$20K$5K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$522K$340K$147K$36K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$65K$29K$32K$3K
Payroll taxesLn 10$48K$33K$12K$3K
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$0
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$117K$106K$7K$3K
Advertising and promotionLn 12$4K$3K$696
Office expensesLn 13$35K$9K$26K
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$59K$47K$12K
TravelLn 17$9K$9K$156$4
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$9K$7K$1K
InsuranceLn 23$7K$2K$5K
Other expenses (24a–d)Ln 24$142K$115K$17K$10K
All other expensesLn 24e$36K$35K$312$223
Total functional expensesLn 25$1.1M$782K$281K$61K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $1.2M$1.3M−$89K−$424K 990 PDF
FY2023 $1.3M$1.4M−$137K−$335K 990 PDF
FY2022 $1.2M$1.4M−$229K−$197K 990 PDF
FY2021 $1.4M$1.3M$95K$89K 990 PDF
FY2020 Viewing $929K$1.1M−$196K−$6K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support M · Noncash O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $928,641 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $868,494$785,665
I-9 Program service revenuePrior year $491$692
I-10 Investment incomePrior year $165$785
I-11 Other revenuePrior year $201,182$141,499
I-12 Total revenuePrior year $1,070,332$928,641
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $574,324$707,042
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $561,524$417,147
I-18 Total expensesPrior year $1,135,848$1,124,189
I-19 Revenue less expensesPrior year −$65,516−$195,548
Part VI · Governance 2 of 5 board members independent, 1 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members2
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $928,641 across 11 lines filed
Lines not itemized here account for $98,321 of total revenue; see the IRS return.
VIII-1f All other contributions, gifts and grants$785,665
VIII-1g Noncash contributions (included above)$264,361
VIII-1h Total contributions, gifts and grants$785,665
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $692$692
VIII-3 Investment income$0
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assetsRelated to mission $785$785
VIII-8 Net income from fundraising events$41,698
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $1,480$1,480
VIII-12 Total revenueRelated to mission $101,278$928,641
Part IX · Statement of functional expenses $1,124,189 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $46,741 · Management $20,134 · Fundraising $5,034$71,909
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $339,554 · Management $147,173 · Fundraising $35,615$522,342
IX-8 Pension plan contributions$0
IX-9 Other employee benefitsPrograms $28,980 · Management $32,463 · Fundraising $3,357$64,800
IX-10 Payroll taxesPrograms $32,899 · Management $11,807 · Fundraising $3,285$47,991
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting fees$0
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesPrograms $105,911 · Management $7,434 · Fundraising $3,450$116,795
IX-12 Advertising and promotionPrograms $2,845 · Fundraising $696$3,541
IX-13 Office expensesPrograms $8,821 · Management $26,084$34,905
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 OccupancyPrograms $47,079 · Management $11,928$59,007
IX-17 TravelPrograms $9,231 · Management $156 · Fundraising $4$9,391
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $7,324 · Management $1,452$8,776
IX-23 InsurancePrograms $2,000 · Management $5,140$7,140
IX-24 Other expenses (24a–d)Programs $115,304 · Management $16,692 · Fundraising $9,574$141,570
IX-24e All other expensesPrograms $35,487 · Management $312 · Fundraising $223$36,022
IX-25 Total functional expensesPrograms $782,176 · Management $280,775 · Fundraising $61,238$1,124,189
Part X · Balance sheet $279,960 assets, 21 lines filed
X-1 Cash, non-interest-bearingStart of year $33,990$59,686
X-2 Savings and temporary cash investments$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivableStart of year $16,247$40,194
X-8 Inventories for sale or useStart of year $244,686$129,692
X-9 Prepaid expenses and deferred chargesStart of year $40,516$20,000
X-10c Land, buildings and equipment, netStart of year $33,055$26,001
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assetsStart of year $4,387$4,387
X-16 Total assetsStart of year $372,881$279,960
X-17 Accounts payable and accrued expensesStart of year $152,248$107,349
X-19 Deferred revenueStart of year $10,960$11,298
X-24 Unsecured notes and loans payable$100,080
X-25 Other liabilitiesStart of year $19,736$16,884
X-26 Total liabilitiesStart of year $182,944$285,571
X-27 Net assets without donor restrictionsStart of year $189,937−$5,611
X-32 Total net assets or fund balancesStart of year $189,937−$5,611
X-33 Total liabilities and net assetsStart of year $372,881$279,960
Part XI · Reconciliation of net assets −$5,611 net assets at year end
XI-1 Total revenue$928,641
XI-2 Total expenses$1,124,189
XI-3 Revenue less expenses−$195,548
XI-4 Net assets at start of year$189,937
XI-10 Net assets at end of year−$5,611

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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