Form 990 for tax year 2023

Totals

Total revenue

$1,683,498

Total expenses

$1,349,575

Contributions and grants received

$1,679,916

Grants paid

$0

Program service revenue

$0

Investment income

$3,582

Other revenue

$0

Total assets, end of year

$719,024

Total liabilities, end of year

$27,674

Net assets or fund balances, end of year

$691,350

Program services expenses (Part IX)

$1,326,436

Management and general expenses

$23,139

Fundraising expenses

$0

Program service expenses (Part III)

$1,326,436

Program services were 98.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Mission and programs · 2023

• THE ORGANIZATION FOCUSED ON ITS PRIMARY GOAL THAT "60% OF IDAHO'S 25-34 YEAR OLDS WILL HAVE SOME KIND OF POST-SECONDARY DEGREE OR PROFESSIONAL CERTIFICATION BY THE YEAR 2025." IBE WORKS TO PROMOTE A STATE EDUCATION SYSTEM THAT WILL PROVIDE ITS STUDENTS WITH A HIGH-QUALITY EDUCATION THAT ENSURES THE WELL-EDUCATED WORKFORCE OUR BUSINESSES AND ECONOMY REQUIRE, WILL ANTICIPATE AND SERVE THE CURRENT AND FUTURE NEEDS OF THE ECONOMY AND UTILIZES PROCESSES THAT ARE EFFICIENT, ACCOUNTABLE, RESPONSIVE, INNOVATIVE AND HIGH-PERFORMING.

  Expenses $514,215 · Revenue $505,570

• IDAHO ECOSY-STEM. THE ECOSYSTEM IS A NETWORK OF COLLABORATORS COMMITTED TO LEVERAGING SHARED RESOURCES THAT EFFECTIVELY RAISE AWARENESS OF SCIENCE, TECHNOLOGY, ENGINEERING AND MATH (STEM) OPPORTUNITIES AND CONNECT ALL IDAHOANS TO STEM PATHWAYS IN THEIR COMMUNITY. THIS PROGRAM IS FUNDED FROM THE IDAHO STEM ACTION CENTER.

  Expenses $326,665 · Revenue $732,834

• YOUTH APPRENTICESHIP PROGRAM. THROUGH A JOINT EFFORT WITH THE IDAHO WORKFORCE DEVELOPMENT COUNCIL, IDAHO DEPARTMENT OF LABOR, AND IDAHO CAREER AND TECHNICAL EDUCATION, IBE IS SCALING UP IDAHOS YOUTH APPRENTICESHIP PROGRAM WITH A GOAL OF PLACING 400 APPRENTICES BY 2024. IBE YOUTH APPRENTICESHIP CONNECTS 16-24 YEAR-OLDS TO JOBS, TRAINING, AND CAREERS IN IDAHO. BUILDING WORKFORCE-READY LABOR REQUIRES A COLLABORATIVE EFFORT AMONG GOVERNMENT, BUSINESS, AND EDUCATION. IBE YOUTH APPRENTICESHIP PROVIDES EDUCATION, WORK EXPERIENCE, AND ACCESS TO POSTSECONDARY EDUCATION, TRAINING, AND CERTIFICATIONS AND IT HELPS US REACH IDAHOS GOAL OF HAVING 60% OF OUR 25 TO 34 YEAR-OLD WORKERS HOLD A POSTSECONDARY CREDENTIAL.

  Expenses $485,556 · Revenue $441,513

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type

form_990

Tax year

2023

Filed

9 February 2024

IRS schema version

2023v4.0

Source object

202440409349301239

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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