Liabilities / Assets
57th percentile
Higher debt load relative to assets than 57% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
57th percentile
Higher debt load relative to assets than 57% of similar nonprofits.
Liabilities / Revenue
69th percentile
Higher debt load relative to revenue than 69% of similar nonprofits.
Net Margin
25th percentile
Higher net margin than 25% of similar nonprofits.
Top Officer Pay
26th percentile
Higher top officer pay than 26% of similar nonprofits.
Top officer pay equals 2.0% of source-year revenue.
Asset Growth
57th percentile
Faster asset growth than 57% of similar nonprofits.
Revenue Growth
74th percentile
Faster revenue growth than 74% of similar nonprofits.
Assets
Up$6,175,122
Up $449,547 (+7.9%) from 2022
Net Assets
Up$5,028,410
Up $69,355 (+1.4%) from 2022
Liabilities
Up$1,146,712
Up $380,192 (+50%) from 2022
Revenue
Up$2,771,007
Up $539,072 (+24%) from 2022
Expenses
Up$2,957,832
Up $1,028,669 (+53%) from 2022
Net Income
Down-$186,825
Down $489,597 (-162%) from 2022
Work texas training center (the "corporation") is organized as a texas nonprofit corporation and will partner with public open-enrollment charter schools, school districts, and private schools in or around houston, texas to enhance the quality, quantity, and post-training opportunities for students who take career and technical education (cte) classes. The corporation will work also with adults in and around houston, texas to enhance the quality, quantity, and post-training opportunities in various craft professions for individuals who have graduated from secondary school.
Help people get jobs, keep jobs, and advance in their careers.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $2,626,404 | $2,483,642 | ▼ $142,762 |
| Savings and Temporary Cash Investments | $457,251 | $1,084,520 | ▲ $627,269 |
| Accounts Receivable | $205,782 | $372,545 | ▲ $166,763 |
| Pledges and Grants Receivable | $241,179 | $208,007 | ▼ $33,172 |
| Cash and Non-Interest-Bearing Accounts | $90,422 | $132,745 | ▲ $42,323 |
| Prepaid Expenses and Deferred Charges | $4,104 | $11,200 | ▲ $7,096 |
| Inventories for Sale or Use | - | $3,128 | - |
| Total Assets | $5,725,575 | $6,175,122 | ▲ $449,547 |
| Other Assets Total | $2,100,433 | $1,879,335 | ▼ $221,098 |
| Liabilities | |||
| Unsecured Notes Loans Payable | $577,730 | $1,114,050 | ▲ $536,320 |
| Accounts Payable and Accrued Expenses | $188,790 | $32,662 | ▼ $156,128 |
| Total Liabilities | $766,520 | $1,146,712 | ▲ $380,192 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $2,715,505 | $2,860,395 | ▲ $144,890 |
| Net Assets With Donor Restrictions | $2,243,550 | $2,168,015 | ▼ $75,535 |
| Total Net Assets Fund Balance | $4,959,055 | $5,028,410 | ▲ $69,355 |
| Total Liabilities and Net Assets / Fund Balance | $5,725,575 | $6,175,122 | ▲ $449,547 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Leasehold Improvements | $2,343,962 | $720,570 | $3,064,532 |
| Equipment | $74,413 | $42,757 | $117,170 |
| Other Land Buildings | $65,267 | $42,964 | $108,231 |
| Land | $0 | - | - |
| Other Assets Org | $1,879,335 | - | - |
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Vanessa Ramirez | Board Chair | PT | $54,805 | $54,805 |
| Name | Title |
|---|---|
| Anthony Annunziato | Board Member |
| Leo Linbeck III | Board Member |
| Mike Feinberg | Board Secretary & Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $2,216,601 |
| Salaries, Compensation, and Employee Benefits | $623,305 |
| Grants and Similar Amounts Paid | $117,926 |
| Total Fundraising Expense | $35,009 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Fees for Services Other | $1,198,871 | $77,171 | $12,176 | $1,288,218 |
| Other Salaries and Wages | $519,938 | $52,157 | $3,210 | $575,305 |
| Depreciation Depletion | $315,997 | $16,254 | $4,063 | $336,314 |
| Occupancy | $287,996 | $25,600 | $6,400 | $319,996 |
| Grants to Domestic Orgs | $117,926 | - | - | $117,926 |
| Current Officers, Directors, Trustees, and Key Employees | $37,920 | $7,680 | $2,400 | $48,000 |
| Advertising | $23,929 | $939 | $235 | $25,103 |
| All Other Expenses | $10,678 | $5,756 | $0 | $16,434 |
| Other Expenses | $14,507 | $0 | $0 | $14,507 |
| Travel | $6,271 | $0 | $0 | $6,271 |
| Interest | $0 | $2,210 | $0 | $2,210 |
| Total Functional Expenses | $2,714,446 | $208,377 | $35,009 | $2,957,832 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $2,957,832 |
| Total Expenses per Audited Statements | $2,957,832 |
| Total Expenses per Form 990 | $2,957,832 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Interested Party | Relationship | Description | Shared Revenue | Amount |
|---|---|---|---|---|
| Michael Feinberg | Officer | Management | No | $48,000 |
“Part III: Line 1, Description of Organization mission: Opportunities for students who take career and techinical education (CTE) classes. The Corporation will work also with adulsts in and around Houston, Texas to enhance the quality, quantity, and post-training opportunities in various craft professions for individuals who have graduated from secondary school.”
“Form 990, Part III, Line 4a, Program Service Accomplishments: Grant-making efforts to supplement those revenues. The Corporation will acquire through a significantly below market, long-term lease, a building site that will be renovated and used as the Corporation's education, training, and counseling facility. Through its career preparatory approach, the Corporation expects to have a significant positive effect on students, their faimilies, and their communities.”
“Third Frontier was contracted to provide program management services during the fiscal year.”
“The Organization does not have a committee with authority to act on behalf of the governing body.”
“Board members will receive the 990 electronically, review, and meet to discuss and ask any questions.”
“An interested person must disclose the existence of his or her financial interest and must be given the opportunity to disclose all material facts to the Directors and Members of the Committees. The Board or Committee shall determine by a majority vote whether the transaction or arrangement is in the Corporation's best interest, for its own benefit, and whether it is fair and reasonable. In conformity with the above determination the Board shall make its decision as to whether to enter into the transaction or arrangement. If, after hearing the response of the Member and making further investigation as may be warranted in the circumstances, the Board or Committee determines that the Member has in fact failed to disclose an actual or possible conflict of interest, it shall take appropriate disciplinary and corrective action.”
“Governing documents, conflict of interest policy, and financial statements are made available to the public upon request.”
“Operating Expenses 710004. 660511. 42781. 6712.”
“Legal/Accounting combined 56218. 52343. 3344. 531.”
“Contract Expense 169555. 157868. 10084. 1603.”
“Professional Development 350. 326. 21. 3.”
“Training Services 299400. 278764. 17807. 2829.”
“Next Gen Program Exp 52691. 49059. 3134. 498.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | false |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 188790 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 32662 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 205782 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 372545 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | Help people get jobs, keep jobs, and advance in their careers. |
| IRS990/AdvertisingGrp/FundraisingAmt | 0 | 235 |
| IRS990/AdvertisingGrp/ManagementAndGeneralAmt | 0 | 939 |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 23929 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 25103 |
| IRS990/AllOtherContributionsAmt | 0 | 875184 |
| IRS990/AllOtherExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 5756 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 10678 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 16434 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/AuditCommitteeInd | 0 | true |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | Mike Feinberg |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 7132020549 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 3900 Essex Lane Suite 1200 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | Houston |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | TX |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 77027 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | false |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 90422 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 132745 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt | 0 | 2400 |
| IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt | 0 | 7680 |
| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 37920 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 48000 |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | false |
| IRS990/CompensationProcessOtherInd | 0 | false |
| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 1308958 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 117926 |
| IRS990/CYInvestmentIncomeAmt | 0 | 7268 |
| IRS990/CYOtherExpensesAmt | 0 | 2216601 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 1454781 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -186825 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 623305 |
| IRS990/CYTotalExpensesAmt | 0 | 2957832 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 35009 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 2771007 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DelegationOfMgmtDutiesInd | 0 | true |
| IRS990/DepreciationDepletionGrp/FundraisingAmt | 0 | 4063 |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 16254 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 315997 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 336314 |
| IRS990/Desc | 0 | The Corporation will partner with schools and other training centers and recruit industry partners to enhance the learning in these trade classes. For exmaple, the coporation will contract with the Construction and Maintenance Education Foundation ("CMFE"), an organization described in Section 501(c)(3) of the code, to teach classes on various construction trades. CMEF is accredite by NCCER and all of its courses are taught using the Nationally Standardized NCCER Curriculum. The Corporation also will support its students in personal finance, character/soft skills, and provide follow-up support to ensure students are both getting and keeping jobs. Substantially all of the Corporation's revenues will be derived from per pupil reimbursements from its school partners, with private fund-raising, and government. |
| IRS990/DescribedInSection501c3Ind | 0 | true |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | false |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/DonorRestrictionNetAssetsGrp/BOYAmt | 0 | 2243550 |
| IRS990/DonorRestrictionNetAssetsGrp/EOYAmt | 0 | 2168015 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 97 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | true |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 2714446 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesOtherGrp/FundraisingAmt | 0 | 12176 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 77171 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 1198871 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 1288218 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form8282PropertyDisposedOfInd | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 10.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | Vanessa Ramirez |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | Mike Feinberg |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | Leo Linbeck III |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | Anthony Annunziato |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 54805 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | Board Chair |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | Board Secretary & Treasurer |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | Board Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | Board Member |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/FormationYr | 0 | 2019 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | true |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 3 |
| IRS990/GovernmentGrantsAmt | 0 | 433774 |
| IRS990/GrantAmt | 0 | 117926 |
| IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt | 0 | 117926 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 117926 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | true |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 2771007 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IndependentAuditFinclStmtInd | 0 | true |
| IRS990/IndependentVotingMemberCnt | 0 | 3 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InterestGrp/FundraisingAmt | 0 | 0 |
| IRS990/InterestGrp/ManagementAndGeneralAmt | 0 | 2210 |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/InterestGrp/TotalAmt | 0 | 2210 |
| IRS990/InventoriesForSaleOrUseGrp/EOYAmt | 0 | 3128 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 7268 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 7268 |
| IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/IRPDocumentCnt | 0 | 28 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 806291 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 2626404 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 2483642 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 3289933 |
| IRS990/LegalDomicileStateCd | 0 | TX |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LobbyingActivitiesInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | false |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | Work Texas Training Center (The "Corporation") is organized as a Texas non-profit corporation and will partner with public open-enrollment charter schools, school districts, and private schools in or around Houston, Texas to enhance the quaility, quantity, and post-training. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 4959055 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 5028410 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 2715505 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 2860395 |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/FundraisingAmt | 0 | 6400 |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 25600 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 287996 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 319996 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 2100433 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 1879335 |
| IRS990/OtherExpensesGrp/Desc | 0 | Supplies & Equipment |
| IRS990/OtherExpensesGrp/Desc | 1 | Repair, Maintenance, and Fuel |
| IRS990/OtherExpensesGrp/Desc | 2 | Dues, Licenses, Membership |
| IRS990/OtherExpensesGrp/Desc | 3 | Work-Based Learning Stipend |
| IRS990/OtherExpensesGrp/FundraisingAmt | 0 | 6525 |
| IRS990/OtherExpensesGrp/FundraisingAmt | 1 | 0 |
| IRS990/OtherExpensesGrp/FundraisingAmt | 2 | 0 |
| IRS990/OtherExpensesGrp/FundraisingAmt | 3 | 0 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 15623 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 0 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 4987 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 3 | 0 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 158958 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 10211 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 11244 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 14507 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 181106 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 10211 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 16231 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 14507 |
| IRS990/OtherSalariesAndWagesGrp/FundraisingAmt | 0 | 3210 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 52157 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 519938 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 575305 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | false |
| IRS990/PledgesAndGrantsReceivableGrp/BOYAmt | 0 | 241179 |
| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 208007 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 4104 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 11200 |
| IRS990/PrincipalOfficerNm | 0 | Mike Feinberg |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 611600 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 611600 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | Program Revenue |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | Rent Revenue |
| IRS990/ProgramServiceRevenueGrp/ExclusionAmt | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/ExclusionAmt | 1 | 0 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 1366712 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 88069 |
| IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt | 1 | 0 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 1320598 |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 80686 |
| IRS990/PYInvestmentIncomeAmt | 0 | 159 |
| IRS990/PYOtherExpensesAmt | 0 | 1586279 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 911178 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 302772 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 262198 |
| IRS990/PYTotalExpensesAmt | 0 | 1929163 |
| IRS990/PYTotalRevenueAmt | 0 | 2231935 |
| IRS990/QuidProQuoContributionsInd | 0 | false |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | false |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -186825 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | true |
| IRS990/ReportOtherLiabilitiesInd | 0 | false |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RevenueAmt | 0 | 1462049 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 457251 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 1084520 |
| IRS990ScheduleA/First5Years170Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 1308958 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 1320598 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 2662205 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 535387 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 5827148 |
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| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 570 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 275 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 8272 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0 |
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| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
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| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
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| IRS990/ScheduleBRequiredInd | 0 | true |
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| IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt | 0 | 0 |
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| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 0 | 1879335 |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 0 | Donated Right-of-Use Asset |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 65267 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 42964 |
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| IRS990ScheduleI/GrantRecordsMaintainedInd | 0 | true |
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| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm | 0 | Michael Feinberg |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt | 0 | Officer |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd | 0 | false |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt | 0 | 48000 |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc | 0 | Management |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Part III: Line 1, Description of Organization mission: Opportunities for students who take career and techinical education (CTE) classes. The Corporation will work also with adulsts in and around Houston, Texas to enhance the quality, quantity, and post-training opportunities in various craft professions for individuals who have graduated from secondary school. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Form 990, Part III, Line 4a, Program Service Accomplishments: Grant-making efforts to supplement those revenues. The Corporation will acquire through a significantly below market, long-term lease, a building site that will be renovated and used as the Corporation's education, training, and counseling facility. Through its career preparatory approach, the Corporation expects to have a significant positive effect on students, their faimilies, and their communities. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Third Frontier was contracted to provide program management services during the fiscal year. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | The Organization does not have a committee with authority to act on behalf of the governing body. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Board members will receive the 990 electronically, review, and meet to discuss and ask any questions. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | An interested person must disclose the existence of his or her financial interest and must be given the opportunity to disclose all material facts to the Directors and Members of the Committees. The Board or Committee shall determine by a majority vote whether the transaction or arrangement is in the Corporation's best interest, for its own benefit, and whether it is fair and reasonable. In conformity with the above determination the Board shall make its decision as to whether to enter into the transaction or arrangement. If, after hearing the response of the Member and making further investigation as may be warranted in the circumstances, the Board or Committee determines that the Member has in fact failed to disclose an actual or possible conflict of interest, it shall take appropriate disciplinary and corrective action. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | Governing documents, conflict of interest policy, and financial statements are made available to the public upon request. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | Operating Expenses 710004. 660511. 42781. 6712. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | Legal/Accounting combined 56218. 52343. 3344. 531. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | Contract Expense 169555. 157868. 10084. 1603. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 10 | Professional Development 350. 326. 21. 3. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 11 | Training Services 299400. 278764. 17807. 2829. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 12 | Next Gen Program Exp 52691. 49059. 3134. 498. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Other |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Other |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Pt VI, Line 3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Pt VI, Line 8b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Pt VI, Line 11b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Pt VI, Line 12c |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Pt VI, Line 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Form 990, Part IX, Line 11g |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | Form 990, Part IX, Line 11g |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | Form 990, Part IX, Line 11g |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 10 | Form 990, Part IX, Line 11g |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 11 | Form 990, Part IX, Line 11g |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 12 | Form 990, Part IX, Line 11g |
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| IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt | 0 | 1114050 |
| IRS990/USAddress/AddressLine1Txt | 0 | 3900 Essex Lane Suite 1200 |
| IRS990/USAddress/CityNm | 0 | Houston |
| IRS990/USAddress/StateAbbreviationCd | 0 | TX |
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| IRS990/VotingMembersGoverningBodyCnt | 0 | 3 |
| IRS990/VotingMembersIndependentCnt | 0 | 3 |
| IRS990/WebsiteAddressTxt | 0 | N/A |
| IRS990/WhistleblowerPolicyInd | 0 | false |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd | 0 | FAL1 |
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Displayed year
2023 • Form 990Detailed filing. Detailed filing data is available for this year.