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Washington · Nonprofit

CAREERWORKS INC

CAREERWORKS INC (Washington) receives grants from 11 organizations whose IRS filings report $4,531,600 to it, the largest being DONOR ADVISED CHARITABLE GIVING INC ($2,450,000). 4 of them have funded it in more than one year, and 57% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2024
$2.7M
Funders on record
11
Grants received
$4.5M
Net assets
$1.3M
4/11 repeat funderspeak grant-dependency 74%
01What it does

What Careerworks Inc does

Mission

Careerworks, inc. Connects young adults from under-resourced communities to lasting, stable careers through free training, and builds supportive partnerships advancing equitable economic opportunity. Careerworks creates an environment where everyonecan achieve meaningful careers, economic stability, and all communities thrive.

As stated on its FY2024 Form 990.

Program

  1. Careerworks offers two free industry-specific programs so participants have the skills to succeed and direct access to employers who are hiring. Careerworks partners with experienced workforce development and nonprofit organizations around the country to operate its programs. Careerworks provides curricula, learning management software, support, and a launch grant. Careerworks leverages their community roots to recruit and support participants and connect them directly to employers. Careerworks partners with employers to ensure program participation is always free, and to hire program graduates (75% placement rate).careerworks' model is effective, efficient, and can scale rapidly:careerworks partners with local organizations (training partners) in each market to operate its programs and support recruiting, coaching, local fundraising, and employer connections in the communities in which they are based, all with financial support from careerworks.careerworks currently offers two industry-specific career-readiness programs (banking and non-clinical healthcare), and one industry agnostic job readiness program. These programs support young adults from historically under resourced…

    $990,849 spentof which $460,000 as grants
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $990,849.

02The organization over time

The organization over time

Each line starts at 100 in 2018, so what you read is the shape rather than the size: 150 means half as much again as 2018, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20182018 Revenue 100 ($493k) Expenses 100 ($12k) Net assets 100 ($481k)2019 Revenue 299 ($1.5M) Expenses 5510 ($674k) Net assets 266 ($1.3M)2020 Revenue 178 ($875k) Expenses 15575 ($1.9M) Net assets 27 ($128k)2021 Revenue 431 ($2.1M) Expenses 15622 ($1.9M) Net assets 71 ($342k)2022 Revenue 467 ($2.3M) Expenses 17166 ($2.1M) Net assets 113 ($545k)2023 Revenue 318 ($1.6M) Expenses 16174 ($2.0M) Net assets 28 ($136k)2024 Revenue 548 ($2.7M) Expenses 12243 ($1.5M) Net assets 279 ($1.3M)
2018201920202021202220232024
Revenue (548)Expenses (12243)Net assets (279)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $148k to $1.3M (+809%).

$482k
$1.3M
$200k
$375k
$629k
$148k
$1.3M
2018201920202021202220232024
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2018 5%. Grants only. Government contracts and fees sit inside program revenue.

100% of CAREERWORKS INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (48% for the typical peer).

This organization
Typical peer · 12,352 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 7 reported years ran a deficit.

$481k
’18
$798k
’19
−$1.0M
’20
$214k
’21
$203k
’22
−$409k
’23
$1.2M
’24
11
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Laurie Stewart

Chair

As listed on its FY2024 Form 990.

2018201920202021202220232024
Listed8111314131219
Joined·+3+2+2+1+0+8
No longer listed·001211
03Who funds it

Who funds it, year by year

2019 → 2023: the base broadened from 4 funders to 5 funders, grant income fell $708k → $366k.

3 of 11 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 57% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $2.6M from 6 payers (the payer shares this organization's board, largest The Sheri and Les Biller Family Foundation). These are real filings, and they are not money CAREERWORKS INC raised.

From the IRS filings of CAREERWORKS INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

CAREERWORKS INC leans on a few funders — its largest provides 54% of grant income and the top three 84%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

61% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund CAREERWORKS INC.

54%
largest funder
84%
top three
~3
effective funders

Largest funder’s share by year: 2019 36% · 2020 42% · 2021 55% · 2022 90% · 2023 61% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

50% of CAREERWORKS INC's funders are still giving 3 years after their first grant; 36% give in more than one year at all.

first grant+1y+2y+3y+4y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

57% of CAREERWORKS INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $2.0M that is directly attributable, 54% of it comes from funders outside Washington, across 6 states.

WA
MN
NY
NJ
CA
NC

In-state vs out-of-state, by year

’19
’20
’21
’22
’23
Washington out of state home

Funder states come from each funder’s own filing. $2.6M arriving through sponsors registered in 3 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

CAREERWORKS INC runs a healthier operating margin than three-quarters of the 11,752 education nonprofits its size.

Operating margin45% · top quartile
Months of reserve10.7mo · top quartile
Revenue growth (annualized)33% · top quartile

this organization peer median middle 50% of peers· 11,752 education nonprofits $1M–$10M, FY2024

Government funding CAREERWORKS INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $33k on record.

State$33k
03
04
05
Top programs
  • FEDERAL$18k
  • TRUST FUND$14k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like CAREERWORKS INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Washington

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

66% of spending goes to programs.

Program 66%Management 27%Fundraising 6%

Governance

8
board members
100%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Public support

49%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

WA

Part of a family of 2 related entities

  • The Sheri and Les Biller Family Foundation · exempt
  • Washington Bankers Association · exempt

Screen this organization

A dated, signed PDF of the compliance screen for CAREERWORKS INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds CAREERWORKS INC?
CAREERWORKS INC (Washington) receives grants from 11 organizations whose IRS filings report $4,531,600 to it, the largest being DONOR ADVISED CHARITABLE GIVING INC ($2,450,000). 4 of them have funded it in more than one year, and 57% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does CAREERWORKS INC have?
IRS filings report 11 organizations giving $4,531,600 in grants to CAREERWORKS INC, 4 of which have funded it in more than one year.
Who is the largest funder of CAREERWORKS INC?
DONOR ADVISED CHARITABLE GIVING INC is the largest funder on record, with $2,450,000 in grants. The full list of funders is on this page.
How can an organization like CAREERWORKS INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Washington. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2018–2024), and the filings of 11 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing