The organization was created to address the workforce shortage in the technology industry and identify diverse talent to meet industry needs.

501(c)(3) charity; gifts are tax-deductible.
86¢ of each $1 spent went to programs.
$1.6M 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

FY2024 · 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
3 of 5
filings with a surplus
Average surplus $1.4M a year · 9% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
86%
of spending
Looks good: 86% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.6M
to officers and key staff · 8% of spending
Looks good: pay to officers and key staff is 8% of spending; 15% or less.
Pt VII · Sec A
5 mo
of spending, in cash
Looks good: 5.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $3.9M
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$3.2M
26% of total assets
Looks good: liabilities are 26% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$20.6M
+17% vs prior year
Spent
$19.7M
To programs
86%
Net assets
$9.1M
By yearFY2020–FY2024
Revenue
$20.6M
FY2024▲ +17%
Tap a bar for its year
Revenue by fiscal year
FY2020$10.9M
FY2021$12.4M
FY2022$12.9M
FY2023$17.5M
FY2024$20.6M
Expenses
$19.7M
FY2024▲ +76%
Tap a bar for its year
Expenses by fiscal year
FY2020$10.3M
FY2021$12.7M
FY2022$13.5M
FY2023$11.2M
FY2024$19.7M
Net assets
$9.1M
FY2024▲ +10%
Tap a bar for its year
Net assets by fiscal year
FY2020$2.9M
FY2021$2.6M
FY2022$2.0M
FY2023$8.2M
FY2024$9.1M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jul 2015.

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

Where the money goes

86 cents of each dollar spent went to programs.

Program services 86% · $17.0M Management & general 13% · $2.5M Fundraising 1% · $135K

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

16 people listed on the 990; $1.6M paid to officers and key staff.

Part VII, Section A · reportable compensation
Chief Executive Officer
$300,000Pt VII · Sec A
SR. Director, Business Development
$173,500Pt VII · Sec A
Nat'l Bus. Dev. Director
$170,208Pt VII · Sec A
Finance Director
$162,530Pt VII · Sec A
SR. Dir. Program Dev and Education
$156,346Pt VII · Sec A
SR. Director of Program Operations
$153,167Pt VII · Sec A
Business Dev, Regional Director
$130,222Pt VII · Sec A
Business Dev, Regional Director
$122,917Pt VII · Sec A

Jennifer Carlson’s $300K as Chief Executive Officer is at the 68th percentile of top reported officer pay among 414 $10–100M 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.

See Wtia Workforce Institute 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 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Connects diverse talent with tech industry jobs to fill workforce shortages.

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Provided by the organization

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1 program · $17.0M · in their own filed words · FY2024
01

Apprenti recruited and screened over a thousand candidates and chose the most competitive to advance to employer interviews. This resulted in over 1,200 apprentices being placed in tech positions in 2024. Apprenti also expanded to a national program to implement our tech apprenticeship program across the united states.

$17.0Mprogram 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 · FY2024
Total grants receivedfrom 3 funders$3.9M
See all 3 funders →
Grants paid · 4 grants · $17.3M · 2020–2023
Unitemized GrantFY2023$3,076,035
Unitemized GrantFY2022$5,379,369
Unitemized GrantFY2021$5,237,011
Unitemized GrantFY2020$3,565,831

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$20.6M
Ln 12
Gifts and grantsLn 1h$16.7M
Fees for servicesLn 2g$2.7M
Other incomeLn 4–11$776K
Money outPt IX
$19.7M
Ln 25
Programscol B$17.0M
Managementcol C$2.5M
Fundraisingcol D$135K
Owns and owesPt X
$9.1M
net assets · Ln 32
Cash and savingsLn 1–2$8.8M
Total assetsLn 16$12.3M
LiabilitiesLn 26$3.2M
PeoplePt VI, VII
16
listed · VII A
PaidVII A10
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$16.7M
Government grantsLn 1e$15.0M
Fees for servicesLn 2g$2.7M
Investment incomeLn 3$388K
Other incomeLn 4–11$776K
Total revenueLn 12$20.6M
Assets in detailPt X, end of year
CashLn 1$608K
SavingsLn 2$8.2M
Cash and savings togetherLn 1–2$8.8M
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$4K
Total assetsLn 16$12.3M
LiabilitiesLn 26$3.2M
Net assetsLn 32$9.1M
OperationsPt I, VI
EmployeesI 542
VolunteersI 60
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 FY24End FY24
Cash and savingsLn 1–2$8.2M$8.8M
Land, buildings, equipmentLn 10c$0$0
Total assetsLn 16$10.8M$12.3M
LiabilitiesLn 26$2.6M$3.2M
Net assetsLn 32$8.2M$9.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$10K$10K
Grants to domestic individualsLn 2$12.2M$12.2M
Pay of current officers, directors and key staffLn 5$1.1M$592K$534K
Other salaries and wagesLn 7$3.0M$2.7M$136K$106K
Pension plan contributionsLn 8$74K$70K$780$3K
Other employee benefitsLn 9$524K$445K$61K$18K
Payroll taxesLn 10$305K$249K$48K$8K
Legal feesLn 11b$42K$42K
Accounting feesLn 11c$32K$32K
Other fees for servicesLn 11g$693K$149K$544K
Advertising and promotionLn 12$369K$369K
Office expensesLn 13$7K$3K$4K
Information technologyLn 14$201K$59K$142K
OccupancyLn 16$923$689$234
TravelLn 17$295K$147K$148K
Conferences, conventions and meetingsLn 19$15K$12K$4K
Depreciation, depletion and amortizationLn 22$8K$8K
InsuranceLn 23$39K$39K
Other expenses (24a–d)Ln 24$825K$32K$793K
All other expensesLn 24e$16K$42$16K
Total functional expensesLn 25$19.7M$17.0M$2.5M$135K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $20.6M$19.7M$838K$9.1M 990 PDF
FY2023 $17.5M$11.2M$6.3M$8.2M 990 PDF
FY2022 $12.9M$13.5M−$612K$2.0M 990 PDF
FY2021 $12.4M$12.7M−$309K$2.6M 990 PDF
FY2020 $10.9M$10.3M$645K$2.9M 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 J · Pay O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $20,553,741 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $16,386,199$16,671,353
I-9 Program service revenuePrior year $944,250$2,717,516
I-10 Investment incomePrior year $163,924$388,422
I-11 Other revenuePrior year $659$776,450
I-12 Total revenuePrior year $17,495,032$20,553,741
I-13 Grants and similar amounts paidPrior year $3,076,035$12,182,905
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $4,686,108$4,990,287
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $3,447,827$2,542,689
I-18 Total expensesPrior year $11,209,970$19,715,881
I-19 Revenue less expensesPrior year $6,285,062$837,860
Part VI · Governance 5 of 5 board members independent, no flags
VI-1a Voting members of the governing body5
VI-1b Independent voting members5
VI-2 Family or business relationship among officers or directorsNo
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 $20,553,741 across 7 lines filed
VIII-1e Government grants$15,011,379
VIII-1f All other contributions, gifts and grants$1,659,974
VIII-1h Total contributions, gifts and grants$16,671,353
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $2,717,516$2,717,516
VIII-3 Investment incomeExcluded from tax $388,422$388,422
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $776,450$776,450
VIII-12 Total revenueRelated to mission $3,493,966 · Unrelated business $0 · Excluded from tax $388,422$20,553,741
Part IX · Statement of functional expenses $19,715,881 across 20 lines filed
IX-1 Grants to domestic organizationsPrograms $9,833$9,833
IX-2 Grants to domestic individualsPrograms $12,173,072$12,173,072
IX-5 Pay of current officers, directors and key staffPrograms $591,589 · Management $533,900$1,125,489
IX-7 Other salaries and wagesPrograms $2,719,674 · Management $135,805 · Fundraising $106,382$2,961,861
IX-8 Pension plan contributionsPrograms $70,011 · Management $780 · Fundraising $2,967$73,758
IX-9 Other employee benefitsPrograms $445,173 · Management $61,047 · Fundraising $17,752$523,972
IX-10 Payroll taxesPrograms $249,272 · Management $47,655 · Fundraising $8,280$305,207
IX-11b Legal feesManagement $41,517$41,517
IX-11c Accounting feesManagement $31,650$31,650
IX-11g Other fees for servicesPrograms $149,209 · Management $543,937$693,146
IX-12 Advertising and promotionPrograms $369,302$369,302
IX-13 Office expensesPrograms $2,664 · Management $4,396$7,060
IX-14 Information technologyPrograms $58,574 · Management $142,201$200,775
IX-16 OccupancyPrograms $689 · Management $234$923
IX-17 TravelPrograms $147,174 · Management $147,620$294,794
IX-19 Conferences, conventions and meetingsPrograms $11,576 · Management $3,524$15,100
IX-22 Depreciation, depletion and amortizationPrograms $8,333$8,333
IX-23 InsuranceManagement $38,715$38,715
IX-24 Other expenses (24a–d)Programs $32,285 · Management $793,124$825,409
IX-24e All other expensesPrograms $42 · Management $15,923$15,965
IX-25 Total functional expensesPrograms $17,038,472 · Management $2,542,028 · Fundraising $135,381$19,715,881
Part X · Balance sheet $12,301,218 assets, 16 lines filed
X-1 Cash, non-interest-bearingStart of year $384,537$607,626
X-2 Savings and temporary cash investmentsStart of year $7,812,473$8,200,895
X-4 Accounts receivableStart of year $2,083,871$2,883,038
X-9 Prepaid expenses and deferred chargesStart of year $20,545$113,929
X-10c Land, buildings and equipment, netStart of year $0$0
X-14 Intangible assetsStart of year $500,000$491,667
X-15 Other assetsStart of year $0$4,063
X-16 Total assetsStart of year $10,801,426$12,301,218
X-17 Accounts payable and accrued expensesStart of year $1,784,130$1,952,182
X-19 Deferred revenueStart of year $772,746$1,170,965
X-25 Other liabilitiesStart of year $0$95,661
X-26 Total liabilitiesStart of year $2,556,876$3,218,808
X-27 Net assets without donor restrictionsStart of year $7,343,969$7,883,949
X-28 Net assets with donor restrictionsStart of year $900,581$1,198,461
X-32 Total net assets or fund balancesStart of year $8,244,550$9,082,410
X-33 Total liabilities and net assetsStart of year $10,801,426$12,301,218
Part XI · Reconciliation of net assets $9,082,410 net assets at year end
XI-1 Total revenue$20,553,741
XI-2 Total expenses$19,715,881
XI-3 Revenue less expenses$837,860
XI-4 Net assets at start of year$8,244,550
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$9,082,410

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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