Attach to Form 990 or Form 990-EZ.
Go to
www.irs.gov/Form990 for instructions and the latest information.
| (i) Name of supported organization | (ii) EIN | (iii) Type of organization (described on lines 1- 10 above (see instructions)) | (iv) Is the organization listed in your governing document? | (v) Amount of monetary support (see instructions) | (vi) Amount of other support (see instructions) | |
|---|---|---|---|---|---|---|
| Yes | No | |||||
|
Total |
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Calendar year
(or fiscal year beginning in)
![]() |
(a) 2019 | (b) 2020 | (c) 2021 | (d) 2022 | (e) 2023 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") .. | 4,130,528 | 4,245,304 | 5,230,032 | 7,162,123 | 14,668,389 | 35,436,376 |
| 2 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf .... | ||||||
| 3 | The value of services or facilities furnished by a governmental unit to the organization without charge.. | ||||||
| 4 | Total. Add lines 1 through 3 | 4,130,528 | 4,245,304 | 5,230,032 | 7,162,123 | 14,668,389 | 35,436,376 |
| 5 | The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f) .. | 18,779,154 | |||||
| 6 | Public support. Subtract line 5 from line 4. | 16,657,222 | |||||
Calendar year
(or fiscal year beginning in)
![]() |
(a) 2019 | (b) 2020 | (c) 2021 | (d) 2022 | (e) 2023 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 7 | Amounts from line 4.. | 4,130,528 | 4,245,304 | 5,230,032 | 7,162,123 | 14,668,389 | 35,436,376 |
| 8 | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources... | 8,512 | 3,504 | 3,365 | 1,971 | 67,085 | 84,437 |
| 9 | Net income from unrelated business activities, whether or not the business is regularly carried on.. | ||||||
| 10 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.).. | 2,174 | 3,925 | 10,433 | 16,532 | ||
| 11 | Total support. Add lines 7 through 10 | 35,537,345 | |||||
Calendar year (or fiscal
year beginning in) ![]() |
(a) 2019 | (b) 2020 | (c) 2021 | (d) 2022 | (e) 2023 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") . | ||||||
| 2 | Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | ||||||
| 3 | Gross receipts from activities that are not an unrelated trade or business under section 513 ..... | ||||||
| 4 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf... | ||||||
| 5 | The value of services or facilities furnished by a governmental unit to the organization without charge | ||||||
| 6 | Total. Add lines 1 through 5 | ||||||
| 7a | Amounts included on lines 1, 2, and 3 received from disqualified persons | ||||||
| b | Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year. | ||||||
| c | Add lines 7a and 7b.. | ||||||
| 8 | Public support. (Subtract line 7c from line 6.) | ||||||
Calendar year
(or fiscal year beginning in)
![]() |
(a) 2019 | (b) 2020 | (c) 2021 | (d) 2022 | (e) 2023 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 9 | Amounts from line 6... | ||||||
| 10a | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources.. | ||||||
| b | Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975. | ||||||
| c | Add lines 10a and 10b. | ||||||
| 11 | Net income from unrelated business activities not included on line 10b, whether or not the business is regularly carried on. | ||||||
| 12 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) .. | ||||||
| 13 | Total support. (Add lines 9, 10c, 11, and 12.).. | ||||||
| Section A - Adjusted Net Income | (A) Prior Year |
(B) Current Year (optional) |
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| 1 | Net short-term capital gain | 1 | ||||
| 2 | Recoveries of prior-year distributions | 2 | ||||
| 3 | Other gross income (see instructions) | 3 | ||||
| 4 | Add lines 1 through 3 | 4 | ||||
| 5 | Depreciation and depletion | 5 | ||||
| 6 | Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions) | 6 | ||||
| 7 | Other expenses (see instructions) | 7 | ||||
| 8 | Adjusted Net Income (subtract lines 5, 6 and 7 from line 4) | 8 | ||||
| Section B - Minimum Asset Amount | (A) Prior Year |
(B) Current Year (optional) |
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| 1 | Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year): | 1 | ||||
| a | Average monthly value of securities | 1a | ||||
| b | Average monthly cash balances | 1b | ||||
| c | Fair market value of other non-exempt-use assets | 1c | ||||
| d | Total (add lines 1a, 1b, and 1c) | 1d | ||||
| e |
Discount claimed for blockage or other factors (explain in detail in Part VI): |
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| 2 | Acquisition indebtedness applicable to non-exempt use assets | 2 | ||||
| 3 | Subtract line 2 from line 1d | 3 | ||||
| 4 | Cash deemed held for exempt use. Enter 0.015 of line 3 (for greater amount, see instructions). | 4 | ||||
| 5 | Net value of non-exempt-use assets (subtract line 4 from line 3) | 5 | ||||
| 6 | Multiply line 5 by 0.035 | 6 | ||||
| 7 | Recoveries of prior-year distributions | 7 | ||||
| 8 | Minimum Asset Amount (add line 7 to line 6) | 8 | ||||
| Section C - Distributable Amount | Current Year | |||||
| 1 | Adjusted net income for prior year (from Section A, line 8, Column A) | 1 | ||||
| 2 | Enter 85% of line 1 | 2 | ||||
| 3 | Minimum asset amount for prior year (from Section B, line 8, Column A) | 3 | ||||
| 4 | Enter greater of line 2 or line 3 | 4 | ||||
| 5 | Income tax imposed in prior year | 5 | ||||
| 6 | Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions) | 6 | ||||
| Section D - Distributions | Current Year | |
|---|---|---|
| 1 Amounts paid to supported organizations to accomplish exempt purposes | 1 | |
|
2
Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity |
2 | |
| 3 Administrative expenses paid to accomplish exempt purposes of supported organizations | 3 | |
| 4 Amounts paid to acquire exempt-use assets | 4 | |
| 5 Qualified set-aside amounts (prior IRS approval required - provide details in Part VI) | 5 | |
| 6 Other distributions (describe in Part VI). See instructions | 6 | |
| 7Total annual distributions. Add lines 1 through 6. | 7 | |
|
8
Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions |
8 | |
| 9 Distributable amount for 2023 from Section C, line 6 | 9 | |
| 10 Line 8 amount divided by Line 9 amount | 10 | |
| Section E - Distribution Allocations (see instructions) |
(i) Excess Distributions |
(ii) Underdistributions Pre-2023 |
(iii) Distributable Amount for 2023 |
|
|---|---|---|---|---|
| 1 Distributable amount for 2023 from Section C, line 6 | ||||
|
2
Underdistributions, if any, for years prior to 2023 (reasonable cause required-- explain in Part VI).
See instructions. |
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| 3 Excess distributions carryover, if any, to 2023: | ||||
| a From 2018....... | ||||
| b From 2019....... | ||||
| c From 2020....... | ||||
| d From 2021....... | ||||
| e From 2022....... | ||||
| fTotal of lines 3a through e | ||||
| g Applied to underdistributions of prior years | ||||
| h Applied to 2023 distributable amount | ||||
|
i
Carryover from 2018 not applied (see instructions) |
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| j Remainder. Subtract lines 3g, 3h, and 3i from line 3f. | ||||
| 4Distributions for 2023 from Section D, line 7: | ||||
| $ | ||||
| a Applied to underdistributions of prior years | ||||
| b Applied to 2023 distributable amount | ||||
| c Remainder. Subtract lines 4a and 4b from line 4. | ||||
|
5
Remaining underdistributions for years prior to 2023, if any. Subtract lines 3g and 4a from line 2. If the amount is greater than zero, explain in Part VI. See instructions. |
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|
6
Remaining underdistributions for 2023. Subtract lines 3h and 4b from line 1. If the amount is greater than zero, explain in Part VI. See instructions. |
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7 Excess distributions carryover to 2024. Add lines 3j and 4c. |
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| 8 Breakdown of line 7: | ||||
| a Excess from 2019..... | ||||
| b Excess from 2020..... | ||||
| c Excess from 2021..... | ||||
| d Excess from 2022..... | ||||
| e Excess from 2023..... | ||||
| Facts And Circumstances Test |
|---|
| Return Reference | Explanation |
|---|---|
| PART II, LINE 10 | 16,532 |
| Software ID: | |
| Software Version: |
| Return Reference | Explanation |
|---|---|
| FORM 990 - ORGANIZATION'S MISSION | CAREERWISE'S MISSION IS TO CREATE OPPORTUNITIES FOR YOUTH AND BUSINESSES IN COLORADO AND ACROSS THE COUNTRY BY DEVELOPING AND SUPPORTING AN INNOVATIVE, SUSTAINABLE YOUTH APPRENTICESHIP PROGRAM. THROUGH THIS BUSINESS-LED, STUDENT-CENTERED MODEL, CAREERWISE BRINGS TOGETHER PUBLIC AND PRIVATE STAKEHOLDERS TO ENSURE THAT STUDENTS HAVE ACCESS TO THE SKILLS AND KNOWLEDGE THEY NEED FOR FINANCIAL AND ACADEMIC SUCCESS, AND THAT BUSINESSES HAVE ACCESS TO HIGHLY TRAINED TALENT. |
| FORM 990, PAGE 2, PART III, LINE 4A | CAREERWISE IS A PIONEERING NONPROFIT THAT CATALYZES THE DEVELOPMENT OF BUSINESS-LED, MODERN YOUTH APPRENTICESHIP PROGRAMS AND SYSTEMS IN COMMUNITIES, REGIONS AND STATES ACROSS THE COUNTRY. IN JUST SEVEN YEARS, CAREERWISE HAS NOT ONLY SUCCESSFULLY LAUNCHED AND GROWN A COALITION OF BUSINESSES AND SCHOOLS IN ITS FLAGSHIP LOCATION OF COLORADO WHO ARE REDEFINING APPRENTICESHIP FOR THE 21ST CENTURY BY IMPLEMENTING THE MODEL, BUT CAREERWISE HAS ALSO BUILT THE CAPACITY TO CONSULT WITH AND SUPPORT OTHER COMMUNITIES LOOKING TO DO THE SAME. CAREERWISE TOOLS, TECHNOLOGIES AND PROCESSES, BUILT AND REFINED IN COLORADO, ARE NOW BEING LEVERAGED BY A GROWING NATIONAL NETWORK OF PARTNER INITIATIVES SEEKING TO CLOSE THE GAP BETWEEN EDUCATION AND EMPLOYMENT TO ENABLE MORE EQUITABLE ECONOMIC AND EDUCATIONAL OUTCOMES. COMBINING PAID, ON-THE-JOB TRAINING WITH CONTINUED CLASSROOM EDUCATION AT SECONDARY AND POSTSECONDARY INSTITUTIONS, CAREERWISE'S MODERN YOUTH APPRENTICESHIPS PROVIDE BENEFIT TO EMPLOYERS, STUDENTS AND SOCIETY ALIKE. SUCCESSFUL APPRENTICES ARE EQUIPPED TO SUCCEED IN CAREER AND/OR COLLEGE, WIDENING THE DOOR TO OPPORTUNITY BY MULTIPLYING THEIR OPTIONS AND CULTIVATING A MORE SKILLED WORKFORCE FOR A QUICKLY CHANGING ECONOMY. CAREERWISE IS HONORED TO HAVE BLOOMBERG PHILANTHROPIES, THE BILL & MELINDA GATES FOUNDATION, THE CHICAGO COMMUNITY FOUNDATION, ICONIQ IMPACT EDUCATION & ECONOMIC MOBILITY CO-LAB, AND THE UNITED STATES DEPARTMENT OF LABOR AMONG NATIONAL FUNDERS WHO HAVE SUPPORTED THE PILOTING OF MODERN YOUTH APPRENTICESHIP IN THE UNITED STATES BY INVESTING IN CAREERWISE'S SYSTEM. WITH ADDITIONAL SUPPORT FROM LOCAL FUNDERS INCLUDING THE DANIELS FUND, THE BEACON FUND, THE COLORADO HEALTH FOUNDATION, ZOMA FOUNDATION AND THE STATE OF COLORADO, THE ORGANIZATION HAS GARNERED SIGNIFICANT PHILANTHROPIC AND GOVERNMENT INVESTMENT IN RECOGNITION OF ITS STATUS AS A FIELD-BUILDING INNOVATOR. CAREERWISE'S LOCALLY IMPLEMENTED PROGRAMS BROKER FORMAL RELATIONSHIPS BETWEEN BUSINESSES AND STUDENTS AND THE SCHOOLS WHERE THEY LEARN, INCLUDING BOTH K-12 INSTITUTIONS AND INSTITUTIONS OF HIGHER EDUCATION. MOREOVER, CAREERWISE'S NATIONAL TEAM ALSO COORDINATES BETWEEN THOSE LOCAL PROGRAMS, WHICH COMPRISE A GROWING NATIONWIDE NETWORK OF LEADERS SEEKING TO IDENTIFY AND CAPTURE BEST PRACTICES FOR SCALE AND IMPACT. AS A RECIPIENT OF FEDERAL FUNDING, CAREERWISE ALSO PLAYS A LEADERSHIP ROLE IN HELPING GROW AND MODERNIZE THE U.S. REGISTERED APPRENTICESHIP SYSTEM BY SERVING YOUNGER, MORE DIVERSE POPULATIONS OF APPRENTICES WHO WORK IN MODERN INDUSTRY. CAREERWISE CONTINUES TO RECEIVE NOTABLE ATTENTION FROM LEADING RESEARCH INSTITUTES AND POLICYMAKERS. IN 2023, CAREERWISE COLORADO FOCUSED NOT ONLY ON GROWING THE FOOTPRINT OF CAREERWISE YOUTH APPRENTICESHIP BUT ALSO ON SEEDING ALIGNED WORK ACROSS THE STATE, INCLUDING A PATHBREAKING TEACHING DEGREE APPRENTICESHIP. ADDITIONALLY, CAREERWISE NEW YORK CONTINUED TO BUILD ON MOMENTUM GENERATED FROM THE LAUNCH OF ITS CAREER READINESS AND MODERN YOUTH APPRENTICESHIP PROGRAM WHICH RAPIDLY SCALED EACH ELEMENT OF ITS WORK IN COLABORATION WITH 58 PUBLIC HIGH SCHOOLS ACROSS THE CITY. |
| FORM 990, PAGE 6, PART VI, LINE 11B | THE 990 IS REVIEWED BY THE CAREERWISE CEO AND VICE PRESIDENT OF ACCOUNTING AND FINANCE, THEN DISTRIBUTED TO THE FINANCE COMMITTEE AND BOARD OF DIRECTORS FOR REVIEW BEFORE FILING. |
| FORM 990, PAGE 6, PART VI, LINE 12C | EACH BOARD MEMBER SIGNS A CONFLICT OF INTEREST STATEMENT ANNUALLY. THE GOVERNANCE COMMITTEE REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THIS POLICY. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE BOARD. ANY BOARD MEMBER MAY RECUSE HIM OR HERSELF AT ANY TIME FROM INVOLVEMENT IN ANY DECISION OR DISCUSSION IN WHICH THE BOARD MEMBER BELIEVES HE OR SHE HAS OR MAY HAVE A CONFLICT OF INTEREST. |
| FORM 990, PAGE 6, PART VI, LINE 15A | EXECUTIVE COMPENSATION IS ESTABLISHED BY RESEARCHING SIMILAR ORGANIZATIONS AND DETERMINING THE APPROPRIATE COMPENSATION RELATIVE TO THESE SIMILAR ORGANIZATIONS. SUCH COMPENSATION IS APPROVED BY THE BOARD AND/OR CEO AND DOCUMENTED IN THE BOOKS OF THE ORGANIZATION. |
| FORM 990, PAGE 6, PART VI, LINE 15B | SAME POLICY AS LINE 15A. |
| FORM 990, PAGE 6, PART VI, LINE 19 | AN INDIVIDUAL CAN SUBMIT A WRITTEN REQUEST TO THE OFFICES OF THE ORGANIZATION AND THEY WILL BE PROVIDED WITH A COPY OF THE DOCUMENTS. |
| FORM 990, PAGE 12, PART XII, LINE 2C | THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. |
| Software ID: | |
| Software Version: |