Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 2a · Program service revenue: TRAINEE JOB PLACEMENT

  total $4,249,847 · related or exempt $4,249,847

• 3 · Investment income

  total $8,294 · excluded $8,294

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $250,000 · program services $250,000

• 7 · Other salaries and wages

  total $2,620,062 · program services $2,620,062

• 9 · Other employee benefits

  total $34,612 · program services $34,612

• 10 · Payroll taxes

  total $288,961 · program services $288,961

• 11a · Fees: management

  total $467,808 · management and general $467,808

• 11g · Fees: other

  total $246,857 · program services $246,857

• 16 · Occupancy

  total $35,840 · program services $35,840

• 17 · Travel

  total $46,224 · program services $46,224

• 22 · Depreciation, depletion and amortization

  total $74,051 · program services $74,051

• 24a · Other expenses: SUPPLIES

  total $236,850 · program services $236,850

• 24b · Other expenses: STAFF RECRUITMENT AND RET

  total $25,557 · program services $25,557

• 24c · Other expenses: TELEPHONE

  total $11,833 · program services $11,833

• 24d · Other expenses: EQUIP RENTALS/MAINTENANCE

  total $2,348 · program services $2,348

• 24e · All other expenses

  total $2,140 · program services $990 · management and general $1,150

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $64,944 · end of year $63,825

• 2 · Savings and temporary cash investments

  end of year $10,477

• 4 · Accounts receivable

  beginning of year $1,164,050 · end of year $809,359

• 9 · Prepaid expenses and deferred charges

  beginning of year $8,886 · end of year $7,577

• 10a · Land, buildings and equipment: cost or other basis

  $617,062

• 10b · Land, buildings and equipment: accumulated depreciation

  $541,068

• 10c · Land, buildings and equipment, net

  beginning of year $133,756 · end of year $75,994

• 17 · Accounts payable and accrued expenses

  beginning of year $195,316 · end of year $278,236

• 25 · Other liabilities

  beginning of year $474,385 · end of year $72,063

• 27 · Net assets without donor restrictions

  beginning of year $701,935 · end of year $616,933

The filer's explanations (Part III)

SCHEDULE J, PAGE 1, PART I, LINE 3

THE COMPENSATION FOR THE ORGANIZATION'S PRESIDENT IS SET BY A RELATED ORGANIZATION, GOODWILL KEYSTONE AREA (GKA). GKA USES AN INDEPENDENT COMPENSATION CONSULTANT, FORM 990 OF OTHER ORGANIZATIONS, WRITTEN EMPLOYMENT CONTRACT, COMPENSATION SURVEY OR STUDY, AND APPROVAL BY GKA'S BOARD TO ESTABLISH THE COMPENSATION OF THE ORGANIZATION'S PRESIDENT.

SCHEDULE J, PAGE 1, PART I, LINE 5B

A BOARD APPROVED INCENTIVE COMPENSATION PROGRAM FOR POSSIBLE ANNUAL BONUS PAYMENTS BASED UPON A WEIGHTED FORMULA COMPRISED OF 50% FOR MISSION GOALS ACCOMPLISHED, 25% FOR ACHIEVED REVENUE OVER BUDGET, AND 25% FOR ACHIEVED NET MARGIN OVER BUDGET.

SCHEDULE J, PAGE 1, PART I, LINE 6B

A BOARD APPROVED INCENTIVE COMPENSATION PROGRAM FOR POSSIBLE ANNUAL BONUS PAYMENTS BASED UPON A WEIGHTED FORMULA COMPRISED OF 50% FOR MISSION GOALS ACCOMPLISHED, 25% FOR ACHIEVED REVENUE OVER BUDGET, AND 25% FOR ACHIEVED NET MARGIN OVER BUDGET.