Careerrise INC EIN 87-0904286

Careerrise INC

EIN  87-0904286 Public charity (501(c)(3)) Atlanta, GA
Form 990 (PDF) Compare with another nonprofit →
Verified accurate 9/2/26 · see original filing: IRS
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Size
$1–10M
What they do
Connects employers with workers, boosting local economies and job access.
Leadership
John Helton · Executive Director · $143K
Money in and out
$2.4M revenue, $4.4M expenses
Bottom line
83% program efficiency

Connects employers with workers, boosting local economies and job access. For fiscal year 2024 it reported $2.4M in revenue, $4.4M in expenses, and $2.4M in net assets.Pt I

Where the money goes · FY2024
Total revenue
$2.4M
Pt VIII · Ln 12
Total expenses
$4.4M
Pt IX · Ln 25
Net assets
$2.4M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$2.0M
Where spending went · Part IX cols B–D
Program services $0.83 Management & general $0.13 Fundraising $0.03
Program efficiency
83%
of spending reaches programs▲ +3% vs prior filing year
Operating runway
5.1mo
months of highly liquid reserves at operating expense rate▼ -59% vs prior filing year
Surplus margin
-80%
revenue over expenses, this year▼ -268% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$2.4M
FY2024▼ -58%
Expenses
$4.4M
FY2024▲ +45%
Total assets
$2.8M
FY2024▼ -44%
Total liabilities
$388K
FY2024▼ -40%
Total revenue
$2.4M
Pt VIII · Ln 12
Total expenses
$4.4M
Pt IX · Ln 25
Net assets
$2.4M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$2.0M
Total assetsPt X · Ln 16$2.8M
Program-expense ratioPt IX · col B83%
Voting members of governing bodyPt I · Ln 321
Independent voting membersPt I · Ln 421
Mission & Programs · Part III

Where the work happens

3 program services account for $3.7M of program spending, described in the organization's own filed words · FY2024.
01

Westside Works Program

Westside works is a neighborhood-based workforce collaborative serving atlanta's westside communities by providing job training, education services, career navigation, and wraparound supports leading to employment in high-demand industries. Established through investment from the arthur m.

$2.5Mprogram expense
02

Industry Partnership Program

Careerrise's industry partnerships program serves as a regional workforce intermediary, convening employers, educators, and community organizations to address shared workforce development challenges.

$1.0Mprogram expense
03

Equity @ Work Program

Launched in 2019 by careerrise in partnership with the arthur m. Blank family foundation, atlanta regional commission, community foundation for greater atlanta, federal reserve bank of atlanta, metro atlanta chamber, and united way of greater atlanta, the opportunity access network (oan) is a regional initiative to align workforce system…

$121Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCareerrise INC
EINHdr · item D87-0904286
Principal addressHdr · item CAtlanta, GA
WebsiteHdr · item Jcareerriseatlanta.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MGA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEmployment (J20)
Ruling yearIRS BMFJun 2022

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a21
Independent voting membersPt VI · Ln 1b21
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
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
Executive Director
$143,130Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
Treasurer & Internal Affairs Chair
$0Pt VII · Sec A
External Affairs Chair
$0Pt VII · Sec A
Governance Chair
$0Pt VII · Sec A
Board Director
$0Pt VII · Sec A
Board Director
$0Pt VII · Sec A
Board Director
$0Pt VII · Sec A

John Helton’s $143K as Executive Director is at the 61st percentile of top reported officer pay among 1236 $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.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2022
John Helton$143,130$137,821$129,940

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.

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Statement of Revenue

Part VIII
Program service revenue$1.5M · 60%
Contributions & grants$951K · 39%
Other revenue$13K · 1%
Program service revenue60%$1.5M
Contributions & grants39%$951K
Other revenue1%$13K
Investment income$12K
Total revenueLn 12$2.4M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.83 Management & general $0.13 Fundraising $0.03
Program services83%$3.7M
Management & general13%$586K
Fundraising3%$144K
Total functional expensesLn 25$4.4M

Balance Sheet

Part X · end of year
CashLn 1$1.9M
Total assetsLn 16$2.8M
Total liabilitiesLn 26$388K
Total net assetsLn 32$2.4M
Months of cash on handcomputed5.1

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.9M · Operating expenses (Pt IX) $4.4M · Less non-cash grants $22K · Cash operating expenses/yr $4.4M
5.1 months
Where the money goes
Program services
Program services $3.7M · Total expenses $4.4M
83%
Management & General
Management & general $586K · Total expenses $4.4M
13%
Fundraising
Fundraising $144K · Total expenses $4.4M
3%
Cost to raise $1
Fundraising expense (3-yr avg) $72K · Solicited contributions (3-yr avg) $2.6M
$0.03 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $951K · Total revenue $2.4M
39%
Government reliance
Government grants — · Total revenue $2.4M
Earned-income share
Program service revenue $1.5M · Total revenue $2.4M
60%
Investment reliance
Investment income $12K · Total revenue $2.4M
0%
Program self-sufficiency
Program service revenue $1.5M · Total expenses $4.4M
33%
Growth & trend
Revenue growth (YoY)
This year $2.4M · Prior year $5.8M
-58%
Net-asset trend (YoY)
End of year $2.4M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $2.4M · Expenses $4.4M
-80%
Liabilities-to-Assets
Total liabilities — · Total assets $2.8M
Net-asset ratio
Net assets $2.4M · Total assets $2.8M
86%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $2.8M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual John Helton · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $143K · Total expenses $4.4M
3%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $1.7M · Total expenses $4.4M
39%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 83%
Overhead ratio 13%
Fundraising cost ratio 15%
Revenue growth -58%
Accounting fee ratio 2%

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 · received and paid
Grants received · FY2024
See all 12 funders →
Grants paid · 1 grant · $75K · 2023–2023

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$2.4M revenue · viewing · ⤓ 990 PDF
FY2023$5.8M revenue · ⤓ 990 PDF
FY2022$1.6M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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