Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $74,610,246

• 1f · All other contributions, gifts and grants

  $57,971,856

• 3 · Investment income

  total $380,837 · excluded $380,837

• 6a · Gross rents

  real property $71,850

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $71,850

• 6d · Net rental income or loss

  total $71,850 · excluded $71,850

• 7a · Gross sales of assets other than inventory

  other assets $957,248

• 7b · Less cost or other basis and sales expenses

  other assets $0

• 7c · Gain or loss

  other assets $957,248

• 7d · Net gain or loss

  total $957,248 · excluded $957,248

• 11a · Other revenue: MISCELLANEOUS REVENUE

  total $4,980 · excluded $4,980

• 11b · Other revenue: INSURANCE RECOVERIES

  total $3,000 · excluded $3,000

• 11e · Other revenue, total

  $7,980

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $571,676 · program services $571,676

• 5 · Compensation of officers, directors and key employees

  total $1,963,060 · program services $1,129,185 · management and general $711,616 · fundraising $122,259

• 7 · Other salaries and wages

  total $64,162,585 · program services $58,238,197 · management and general $2,943,064 · fundraising $2,981,324

• 8 · Pension plan contributions

  total $621,916 · program services $409,413 · management and general $159,649 · fundraising $52,854

• 9 · Other employee benefits

  total $10,344,991 · program services $9,439,005 · management and general $408,216 · fundraising $497,770

• 10 · Payroll taxes

  total $5,746,536 · program services $5,173,195 · management and general $302,034 · fundraising $271,307

• 11b · Fees: legal

  total $217,754 · program services $48,556 · management and general $169,198

• 11c · Fees: accounting

  total $50,793 · management and general $50,793

• 11d · Fees: lobbying

  total $613,887 · program services $126,592 · management and general $487,295

• 11g · Fees: other

  total $1,444,190 · program services $821,303 · management and general $71,073 · fundraising $551,814

• 13 · Office expenses

  total $1,743,583 · program services $1,513,659 · management and general $194,343 · fundraising $35,581

• 16 · Occupancy

  total $5,954,901 · program services $5,798,808 · management and general $128,912 · fundraising $27,181

• 17 · Travel

  total $1,495,233 · program services $1,203,793 · management and general $118,158 · fundraising $173,282

• 20 · Interest

  total $24,434 · management and general $24,434

• 22 · Depreciation, depletion and amortization

  total $432,993 · program services $381,425 · management and general $51,568

• 23 · Insurance

  total $2,006,676 · program services $1,930,422 · management and general $41,346 · fundraising $34,908

• 24a · Other expenses: PARTICIPANT INCENTIVES

  total $5,847,607 · program services $5,847,607

• 24b · Other expenses: VEHICLE EXPENSE

  total $3,861,312 · program services $3,856,841 · management and general $813 · fundraising $3,658

• 24c · Other expenses: EQUIPMENT & TECHNOLOGY

  total $1,817,661 · program services $683,904 · management and general $1,100,091 · fundraising $33,666

• 24d · Other expenses: UTILITIES

  total $1,367,000 · program services $1,261,404 · management and general $94,141 · fundraising $11,455

• 24e · All other expenses

  total $33,315 · program services $31,602 · management and general $1,713

Balance sheet

Part X, book values.

• 2 · Savings and temporary cash investments

  beginning of year $3,741,285 · end of year $24,418,122

• 3 · Pledges and grants receivable

  beginning of year $29,599,532 · end of year $38,674,323

• 9 · Prepaid expenses and deferred charges

  beginning of year $1,667,894 · end of year $2,481,742

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

  $6,252,765

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

  $5,219,603

• 10c · Land, buildings and equipment, net

  beginning of year $1,259,051 · end of year $1,033,162

• 15 · Other assets

  beginning of year $16,845,450 · end of year $16,135,333

• 17 · Accounts payable and accrued expenses

  beginning of year $2,999,225 · end of year $4,401,111

• 19 · Deferred revenue

  beginning of year $1,157,330 · end of year $5,826,637

• 25 · Other liabilities

  beginning of year $18,121,599 · end of year $17,343,050

• 27 · Net assets without donor restrictions

  beginning of year $22,823,772 · end of year $47,838,825

• 28 · Net assets with donor restrictions

  beginning of year $8,011,286 · end of year $7,333,059

The filer's explanations (Part III)

PART I, LINE 7

SCHEDULE J, PART I, LINE 7 THE CENTER FOR EMPLOYMENT OPPORTUNITIES OFFERS MERIT BASED BONUSES THAT ARE DEFINED BY LONG TERM GOALS TIED TO ITS STRATEGIC PLAN. THE CEO REVIEWS EMPLOYEE PERFORMANCE AND AUTHORIZES BONUSES BASED ON THE INDIVIDUAL HAVING MET CERTAIN OBJECTIVE COMPANY GOALS. BONUSES ARE ENTIRELY DISCRETIONARY BASED ON THE COMPANY'S ANNUAL BUDGET AND PERFORMANCE. THE CHIEF EXECUTIVE OFFICER'S OWN BONUS IS DETERMINED BY THE BOARD OF DIRECTORS BASED ON SIMILAR OBJECTIVE COMPANY GOALS. ALL EXECUTIVE COMPENSATION DECISIONS ARE DOCUMENTED IN BOARD MEETING MINUTES.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

• CEO REENTRY EMPLOYMENT SOLUTIONS LLC

  EMPLOYMENT · DE · income $0 · assets $0

  Directly controlled by CENTER FOR EMPLOYMENT OPPORTUNITIES