Form 990 for tax year 2025

Totals

Total revenue

$1,223,764

Total expenses

$613,110

Contributions and grants received

$767,182

Grants paid

$0

Program service revenue

$456,043

Investment income

$539

Other revenue

$0

Total assets, end of year

$1,085,745

Total liabilities, end of year

$85,581

Net assets or fund balances, end of year

$1,000,164

Program services expenses (Part IX)

$513,654

Management and general expenses

$99,456

Fundraising expenses

$0

Program service expenses (Part III)

$513,654

Program services were 83.8% 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 · 2025

• CAVALRY is a veteran-led nonprofit workforce intermediary and U.S. Department of Labor Registered Apprenticeship sponsor that connects K-12 and higher education, employers, and community and workforce partners to create accessible pathways from education to employment. CAVALRY expands access to career-connected education, work-based learning, industry-recognized credentials, pre-apprenticeships, registered apprenticeships, and employment opportunities designed to increase economic mobility while helping employers develop the skilled talent they need. During the year, CAVALRY continued to expand its workforce development model by connecting education, industry-recognized credentials, real-world work experience, and employment. Building on its established Project Management pathway, CAVALRY began developing and implementing two additional career pathways in Accounting/Financial Management and Supply Chain. This expansion enables CAVALRY to provide participants with access to multiple professional career pathways while responding to employer and regional workforce needs. CAVALRY's traditional workforce development and apprenticeship programming continued to demonstrate strong outcomes, achieving a 91% industry certification pass rate and a 91% job placement rate. Participants develop technical and transferable skills through structured career preparation, pre-apprenticeship and apprenticeship experiences, mentorship, industry-recognized credential preparation, work-based learning, and real-world projects. These outcomes demonstrate CAVALRY's focus not simply on training participation, but on helping participants translate education, credentials, and professional experience into meaningful employment and greater economic mobility. CAVALRY also operated Generation E (Gen E), its middle school career exploration and workforce readiness initiative, at a Title I school during the year. Gen E introduces students to career pathways and helps them begin developing professional and transferable skills through hands-on, project-based learning and early career exposure. The program helps students understand the connection between education, skills, industry credentials, work experience, and future career opportunities. By beginning this exposure in middle school, Gen E serves as an early entry point into CAVALRY's broader education-to-employment continuum. CAVALRY also continued development of its Degree-Based Apprenticeship model, designed to integrate postsecondary education with work-based learning, industry-recognized credentials, mentorship, and progressively responsible employment experiences. The model builds upon CAVALRY's existing apprenticeship experience to create a connected pathway that can begin with career exploration in middle school, progress through high school career preparation, pre-apprenticeship and dual-credit opportunities, and continue into college, registered apprenticeship, and employment. The model is designed to enable participants to simultaneously progress toward academic credentials, develop professional experience, earn industry-recognized credentials, and build meaningful connections with employers. As its programming has expanded, CAVALRY has also strengthened its role as a workforce intermediary, working across education, industry, and the community to help close gaps between education and employment. CAVALRY collaborates with school districts, colleges and universities, employers, professional associations, nonprofits, and workforce and community organizations to identify workforce needs, develop career-connected and work-based learning opportunities, support talent development, and strengthen connections between students and employers. Employer and community partners contribute through mentorship, career exposure, project-based learning, workforce feedback, work-based learning, and employment opportunities. Through this collaborative ecosystem approach, CAVALRY is building a continuum from early career exposure to education, credentials, work experience, apprenticeship, and employment. The organization works to reduce barriers between education and employment, expand access to meaningful and paid work-based learning opportunities, strengthen regional talent pipelines, and equip participants with the education, credentials, experience, professional networks, and transferable skills necessary for long-term economic mobility and financial self-sufficiency.

  Expenses $513,654 · Revenue $1,223,225

As filed on the 2025 return.

Listed in Part VII

• Tracie Edmond

  Executive Director

  Total calculated

  $149,767

  From this org

  $149,767

  From related orgs

  $0

  Other

  $0

  Hours/week

  50

• Doug Mathes

  Board Member

  Total calculated

  $0

  Hours/week

  10

• Rita Philip

  Board Member

  Total calculated

  $0

  Hours/week

  10

• Greg Petz

  Treasurer

  Total calculated

  $0

  Hours/week

  10

• Mark Fischer

  Board Member

  Total calculated

  $0

  Hours/week

  10

• Amanda Gonzales

  Board Member

  Total calculated

  $0

  Hours/week

  5

• Kevin Adams

  Baord Member

  Total calculated

  $0

  Hours/week

  10

• Eileen Suarez

  Board Member

  Total calculated

  $0

  Hours/week

  10

• Sarina Thorn

  Board Member

  Total calculated

  $0

  Hours/week

  10

• Deliah Walker

  Board Chair

  Total calculated

  $0

  Hours/week

  10

• Laurence Edmond

  Board Secretary

  Total calculated

  $0

  Hours/week

  20

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

2025

Filed

2 August 2026

IRS schema version

2025v4.0

Source object

202632409349301603

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