Jvs Socal EIN 95-1691012 Form 990 (PDF) Claim this org

Jvs Socal FY2023 filing

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Provides job training, mentoring, and career guidance to empower individuals for dignity and independence. For fiscal year 2023 it reported $39.3M in revenue, $32.4M in expenses, and $23.0M in net assets.Pt I

Founded
1931
Type
Public charity (501(c)(3)) · Employment
Location
Los Angeles, CA
Website
www.jvsla.org
Filings
5 on file (2020–2023)
Revenue
$39.3MFY2023
Expenses
$32.4M
Net assets
$23.0M
People
39
Filings
5
Updates
0
More identity details & actions ⌄
EIN  95-1691012 Public charity (501(c)(3)) Los Angeles, CA Founded 1931
Form 990 (PDF)
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →
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Figures match the IRS filing checked 8/6/26 · see original: IRS
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Size
$10–100M
What they do
Provides job training, mentoring, and career guidance to empower individuals for dignity and independence.
Leadership
Jeffrey Carr · CEO · $308K
Money in and out
$39.3M revenue, $32.4M expenses
Bottom line
74% program efficiency
Where the money goes · FY2023
Total revenue
$39.3M
Pt VIII · Ln 12
Total expenses
$32.4M
Pt IX · Ln 25
Net assets
$23.0M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $6.9M
Where spending went · Part IX cols B–D
Program services $0.74 Management & general $0.23 Fundraising $0.03
Program efficiency
74%
of spending reaches programs
Operating runway
7.9mo
months of highly liquid reserves at operating expense rate
Surplus margin
+18%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$39.3M
FY2023▲ +41%
Expenses
$32.4M
FY2023▲ +15%
Total assets
$33.6M
FY2023▲ +56%
Total liabilities
$10.6M
FY2023▲ +178%
Total revenue
$39.3M
Pt VIII · Ln 12
Total expenses
$32.4M
Pt IX · Ln 25
Net assets
$23.0M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$6.9M
Total assetsPt X · Ln 16$33.6M
Program-expense ratioPt IX · col B74%
Voting members of governing bodyPt I · Ln 328
Independent voting membersPt I · Ln 428
Mission & Programs · Part III

Where the work happens

3 program services account for $20.9M of program spending, described in the organization's own filed words · FY2023.
01

Workforce developmentworkforce development includes several federally funded america's job centers of ca that serve both job seekers and local employers, offering job fairs, candidate recruitment and screening.

$13.0Mprogram expense
02

Welfare to workwelfare to work programs assist thousands of clients transitioning from welfare to work through los angeles county's gain program. This program offer full-service case management under the supervision of los angeles county. Offices are located in chatsworth, palmdale, santa clarita and glendale.

$6.5Mprogram expense
03

JVS workstraining services include both soft skills and technical skills training that foster growth and job readiness in individuals seeking new career opportunities. These programs provide customized job training, job placement assistance and ongoing coaching for careers in the healthcare, building maintenance, and financial services…

$1.4Mprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CJvs Socal
EINHdr · item D95-1691012
Principal addressHdr · item CLos Angeles, CA
WebsiteHdr · item Jwww.jvsla.org
Year of formationHdr · item L1931
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEmployment (J200)
Ruling yearIRS BMFOct 1943

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a28
Independent voting membersPt VI · Ln 1b28
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 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$307,777Pt VII · Sec A
$299,616Pt VII · Sec A
Cso (thru 12/23)
$286,361Pt VII · Sec A
Former CEO (thru 07/23)
$283,888Pt VII · Sec A
$277,614Pt VII · Sec A
Senior VP of Philanthropy
$187,628Pt VII · Sec A
Senior VP of Marketing
$178,260Pt VII · Sec A
VP - Programs
$176,292Pt VII · Sec A

Jeff Carr’s $402K as CEO is at the 86th percentile of top reported officer pay among 415 $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.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Alan Levey$283,888$413,129$385,782$404,213
Jeff Carr$401,820
Jeffrey Carr$307,777
Margarite Buitrago$54,173$299,616
Neal Mendelsohn$286,361$236,825$225,944$234,945
Ted Feldman$271,682$277,614$272,751$254,608$261,590
Ernesto Calzado$247,102
Dionne Day$159,409$229,769$182,261$184,211

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
Contributions & grants$35.6M · 91%
Investment income$3.2M · 8%
Other revenue$437K · 1%
Contributions & grants91%$35.6M
Investment income8%$3.2M
Other revenue1%$437K
Program service revenue$5K
— government grantsLn 1e$23.6M
Total revenueLn 12$39.3M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.74 Management & general $0.23 Fundraising $0.03
Program services74%$23.9M
Management & general23%$7.4M
Fundraising3%$1.0M
Total functional expensesLn 25$32.4M

Balance Sheet

Part X · end of year
CashLn 1$2.3M
Total assetsLn 16$33.6M
Total liabilitiesLn 26$10.6M
Total net assetsLn 32$23.0M
Months of cash on handcomputed0.9

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $21.0M · Operating expenses (Pt IX) $32.4M · Less non-cash grants $336K · Cash operating expenses/yr $32.0M
7.9 months
Where the money goes
Program services
Program services $23.9M · Total expenses $32.4M
74%
Management & General
Management & general $7.4M · Total expenses $32.4M
23%
Fundraising
Fundraising $1.0M · Total expenses $32.4M
3%
Cost to raise $1
Fundraising expense (3-yr avg) $1.3M · Solicited contributions (3-yr avg) $7.9M
$0.16 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $35.6M · Total revenue $39.3M
91%
Government reliance
Government grants $23.6M · Total revenue $39.3M
60%
Earned-income share
Program service revenue $5K · Total revenue $39.3M
0.01%
Investment reliance
Investment income $3.2M · Total revenue $39.3M
+8%
Program self-sufficiency
Program service revenue $5K · Total expenses $32.4M
0.02%
Growth & trend
Revenue growth (YoY)
This year $39.3M · Prior year $27.8M
+41%
Net-asset trend (YoY)
End of year $23.0M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $39.3M · Expenses $32.4M
+18%
Liabilities-to-Assets
Total liabilities — · Total assets $33.6M
Net-asset ratio
Net assets $23.0M · Total assets $33.6M
68%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $18.6M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $33.6M
55%
People & payroll
Highest Reported Total Compensation
Individual Jeffrey Carr · Reported title CEO · Highest reported compensation $308K · Total expenses $32.4M
1.0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $19.4M · Total expenses $32.4M
60%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 74%
Overhead ratio 23%
Fundraising cost ratio 3%
Revenue growth 41%
Investment management fee ratio 0.05%
Legal fee ratio 0.4%
Accounting fee ratio 0.3%

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 · FY2025
Total grants receivedfrom 1 funder$25K
Grants paid · 6 grants · $5.1M · 2020–2024
Unitemized GrantFY2024$914,900
Unitemized GrantFY2023$811,300
Unitemized GrantFY2022$848,500
Unitemized GrantFY2022$848,500
Unitemized GrantFY2021$801,800
Unitemized GrantFY2020$844,450

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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)$40.6M revenue · ⤓ 990 PDF
FY2023$39.3M revenue · viewing · ⤓ 990 PDF
FY2022$27.8M revenue · ⤓ 990 PDF
FY2021$28.8M revenue · ⤓ 990 PDF
FY2020$26.0M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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