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Nonprofiteer
← MIKEROWEWORKS FOUNDATION

Form 990 for tax year 2024

Filed by MIKEROWEWORKS FOUNDATION.

Totals

Total revenue
$5,860,275
Total expenses
$3,270,173
Contributions and grants received
$5,155,817
Grants paid
$2,467,641
Program service revenue
$0
Investment income
$693,858
Other revenue
$10,600
Total assets, end of year
$13,351,375
Total liabilities, end of year
$13,708
Net assets or fund balances, end of year
$13,337,667
Program services expenses (Part IX)
$2,939,080
Management and general expenses
$217,436
Fundraising expenses
$113,657
Program service expenses (Part III)
$2,939,080

Program services were 89.9% 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.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $5,155,817

  • 1g · Noncash contributions included above

    $1,164,770

  • 3 · Investment income

    total $588,103 · excluded $588,103

  • 7a · Gross sales of assets other than inventory

    securities $1,156,461

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

    securities $1,050,706

  • 7c · Gain or loss

    securities $105,755

  • 7d · Net gain or loss

    total $105,755 · excluded $105,755

  • 8a · Fundraising events: gross income

    $13,576

  • 8b · Fundraising events: direct expenses

    $2,976

  • 8c · Net income from fundraising events

    total $10,600 · excluded $10,600

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $2,467,641 · program services $2,467,641

  • 7 · Other salaries and wages

    total $215,297 · program services $64,589 · management and general $75,354 · fundraising $75,354

  • 10 · Payroll taxes

    total $18,111 · program services $5,433 · management and general $6,339 · fundraising $6,339

  • 11b · Fees: legal

    total $13,793 · management and general $13,793

  • 11c · Fees: accounting

    total $71,658 · management and general $71,658

  • 11g · Fees: other

    total $383,511 · program services $333,897 · management and general $25,600 · fundraising $24,014

  • 12 · Advertising and promotion

    total $1,100 · program services $669 · management and general $314 · fundraising $117

  • 13 · Office expenses

    total $6,067 · program services $4,910 · management and general $1,097 · fundraising $60

  • 14 · Information technology

    total $7,602 · program services $7,602

  • 16 · Occupancy

    total $50,398 · program services $30,724 · management and general $14,411 · fundraising $5,263

  • 17 · Travel

    total $20,946 · program services $20,946

  • 23 · Insurance

    total $7,172 · program services $2,152 · management and general $2,510 · fundraising $2,510

  • 24a · Other expenses: SELLING EXPENSE - MERCH

    total $5,169 · management and general $5,169

  • 24b · Other expenses: TAXES & LICENSES

    total $1,041 · management and general $1,041

  • 24c · Other expenses: POSTAGE AND SHIPPING

    total $517 · program services $517

  • 24d · Other expenses: BANK FEES

    total $150 · management and general $150

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $865,411 · end of year $827,302

  • 2 · Savings and temporary cash investments

    beginning of year $9,717,419 · end of year $11,740,609

  • 4 · Accounts receivable

    beginning of year $426,251 · end of year $772,800

  • 9 · Prepaid expenses and deferred charges

    beginning of year $4,274 · end of year $3,550

  • 14 · Intangible assets

    beginning of year -$977 · end of year $0

  • 15 · Other assets

    beginning of year $7,114 · end of year $7,114

  • 17 · Accounts payable and accrued expenses

    beginning of year $45,936 · end of year $13,708

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $10,973,556 · end of year $13,337,667

Mission and programs · 2024

Mission

SEE SCHEDULE O

Activities or mission (Part I)

TO DEBUNK MYTHS AND MISPERCEPTIONS ABOUT THE SKILLED TRADES AND CLOSE THE SKILLS GAP.

  • Withheld by Nonprofiteer: this text may name a private individual.

    Expenses $2,353,641 · Grants $2,353,641

  • IN 2024, 32 HIGH SCHOOLS AND 23 COLLEGES IN 18+ STATES IMPLEMENTED THE WORK ETHIC CURRICULUM, A MODULAR 12-HOUR, 12-LESSON COURSE. BY THE END OF THE YEAR, WE ISSUED 2,495 CERTIFICATIONS, WITH A TOTAL OF MORE THAN 6,700+ CERTIFICATIONS SINCE WE DEVELOPED THE CURRICULUM IN 2019.

    Expenses $156,297

  • THE FOUNDATION CONTINUALLY EXPANDS AND MAINTAINS ITS WEBSITE WHICH SERVES AS THE MARKETING AND COMMUNICATION VEHICLE FOR THE FOUNDATION AND IS CRITICAL IN NOT ONLY BRINGING ATTENTION TO THE SKILLS GAP PROBLEM BUT ALSO IN CONTINUING ITS FUNDRAISING EFFORTS.

    Expenses $429,142 · Grants $114,000

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here. A text marked withheld matched a screen for wording that may name a private individual, such as an honorific or "in memory of". Most of what it withholds names no one; it is withheld so that what does is never shown.

Listed in Part VII

  • Michael G Rowe

    CEO AND CFO

    Total calculated
    $0
    Hours/week
    5 + 35 related
  • Mary Sullivan

    PRESIDENT AND COO

    Total calculated
    $0
    Hours/week
    5 + 35 related
  • Kimberly Estrada

    VICE PRESIDENT AND SECRETA

    Total calculated
    $0
    Hours/week
    10 + 30 related
  • Charles L Klausmeyer

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    10 + 30 related
  • Denise Longarzo

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Michael Degan

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Helen Wong

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

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

Provenance

Return type
form_990
Tax year
2024
Filed
11 November 2025
IRS schema version
2024v5.2
Source object
202503189349311155

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