Construction Trades Workforce Initiative FY2021 filing

Tax-deductible

Oakland, CA501(c)(3)Since 2018EducationEIN 83-1250189

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We support economic justice by connecting underrepresented communities to union Construction careers.

501(c)(3) charity; gifts are tax-deductible.
85¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

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FY2021 · 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 4
filings with a surplus
Average surplus $419K a year · 20% of revenue · last 4 filings
Fine: a surplus in 3 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
85%
of spending
Looks good: 85% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
2 mo
of spending, in cash
Fine: 2.2 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $12K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$299K
67% of total assets
Worth a look: liabilities are 67% of assets; over 65%.
Pt X · Ln 26
Independent board members
0
of 3 voting members
Concern: none of 3 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$879K
Spent
$931K
To programs
85%
Net assets
$147K
By yearFY2021–FY2024
Revenue
$879K
FY2021
Revenue by fiscal year
FY2021$879K
FY2022$2.0M
FY2023$1.5M
FY2024$4.1M
FY2024$4.7M
Expenses
$931K
FY2021
Expenses by fiscal year
FY2021$931K
FY2022$1.6M
FY2023$1.4M
FY2024$2.9M
FY2024$4.5M
Net assets
$147K
FY2021
Net assets by fiscal year
FY2021$147K
FY2022$752K
FY2023$819K
FY2024$2.0M
FY2024$2.2M

From the FY2021 Form 990 (year ending June 2021) · figures checked against the IRS filing · see the original

Form 990 (PDF) Claim
You’re viewing the FY2021 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 2019.

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

Where the money goes

85 cents of each dollar spent went to programs.

Program services 85% · $788K Management & general 12% · $113K Fundraising 3% · $30K

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

3 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A

Beli Acharya’s $186K as Executive Director is at the 79th percentile of top reported officer pay among 3395 $1–10M education 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 Construction Trades Workforce Initiative 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 15aNo

Programs and updates

Builds construction careers through apprenticeships and public education.

Provided by the organization

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1 program · $788K · in their own filed words · FY2020
01

Work with community partners to provide & facilitate apprenticeship programs educate the public about high-wage construction careers

$788Kprogram 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$12K

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$879K
Ln 12
Fees for servicesLn 2g$663K
Gifts and grantsLn 1h$216K
Money outPt IX
$931K
Ln 25
Programscol B$788K
Managementcol C$113K
Fundraisingcol D$30K
Owns and owesPt X
$147K
net assets · Ln 32
Cash and savingsLn 1–2$174K
Total assetsLn 16$446K
LiabilitiesLn 26$299K
PeoplePt VI, VII
3
listed · VII A
PaidVII A0
Voting boardVI 1a3
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$216K
Fees for servicesLn 2g$663K
Gains on assetsLn 7$0
Total revenueLn 12$879K
Assets in detailPt X, end of year
CashLn 1$174K
SavingsLn 2$0
Cash and savings togetherLn 1–2$174K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$0
Total assetsLn 16$446K
LiabilitiesLn 26$299K
Net assetsLn 32$147K
OperationsPt I, VI
EmployeesI 517
VolunteersI 611
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$161K$174K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$242K$446K
LiabilitiesLn 26$43K$299K
Net assetsLn 32$199K$147K
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$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$80K$69K$11K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$6K$6K$793
Management feesLn 11a$571K$553K$16K$2K
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$0
Advertising and promotionLn 12$1K$1K
Office expensesLn 13$25K$24K$1K
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$74K$69K$5K$537
TravelLn 17$399$399
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$15K$15K
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$10K$10K
Other expenses (24a–d)Ln 24$148K$143K$5K$156
All other expensesLn 24e$91$91
Total functional expensesLn 25$931K$788K$113K$30K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $4.1M$2.9M$1.2M$2.0M 990 PDF
FY2023 $1.5M$1.4M$66K$819K 990 PDF
FY2022 $2.0M$1.6M$491K$752K 990 PDF
FY2021 Viewing $879K$931K−$52K$147K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (4 parts)
Part VIII · Statement of revenue $878,893 across 10 lines filed
VIII-1b Membership dues$11,346
VIII-1f All other contributions, gifts and grants$204,943
VIII-1h Total contributions, gifts and grants$216,289
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $662,604$662,604
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 assets$0
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $662,604$878,893
Part IX · Statement of functional expenses $930,783 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 staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesManagement $69,224 · Fundraising $10,581$79,805
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxesManagement $5,685 · Fundraising $793$6,478
IX-11a Management feesPrograms $552,669 · Management $15,960 · Fundraising $2,391$571,020
IX-11b Legal fees$0
IX-11c Accounting fees$0
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for services$0
IX-12 Advertising and promotionManagement $1,014$1,014
IX-13 Office expensesPrograms $23,641 · Management $1,224$24,865
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 OccupancyPrograms $68,545 · Management $4,632 · Fundraising $537$73,714
IX-17 TravelManagement $399$399
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetingsFundraising $15,089$15,089
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 InsuranceManagement $9,975$9,975
IX-24 Other expenses (24a–d)Programs $142,895 · Management $5,282 · Fundraising $156$148,333
IX-24e All other expensesManagement $91$91
IX-25 Total functional expensesPrograms $787,750 · Management $113,486 · Fundraising $29,547$930,783
Part X · Balance sheet $445,887 assets, 18 lines filed
X-1 Cash, non-interest-bearingStart of year $160,740$173,723
X-2 Savings and temporary cash investments$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivableStart of year $81,005$272,164
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, net$0
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 assets$0
X-16 Total assetsStart of year $241,745$445,887
X-17 Accounts payable and accrued expensesStart of year $18,129$299,091
X-26 Total liabilitiesStart of year $43,059$299,091
X-27 Net assets without donor restrictionsStart of year $198,686$146,796
X-32 Total net assets or fund balancesStart of year $198,686$146,796
X-33 Total liabilities and net assetsStart of year $241,745$445,887
Part XI · Reconciliation of net assets $146,796 net assets at year end
XI-1 Total revenue$878,893
XI-2 Total expenses$930,783
XI-3 Revenue less expenses−$51,890
XI-4 Net assets at start of year$198,686
XI-10 Net assets at end of year$146,796

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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