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CHARITY REVIEW
Issued: March 2025 Expires: March 2027

JobsFirstNYC

Accredited Charity
Accredited Charity

Meets Standards

11 Park Pl Ste 1106
New York, NY, 10007-2860

Standards For Charity Accountability

Governance

  1. Board Oversight
  2. Board Size
  3. Board Meetings
  4. Board Compensation
  5. Conflict of Interest

Measuring Effectiveness

  1. Effectiveness Policy
  2. Effectiveness Report

Finances

  1. Program Expenses
  2. Fundraising Expenses
  3. Accumulating Funds
  4. Audit Report
  5. Detailed Expense Breakdown
  6. Accurate Expense Reporting
  7. Budget Plan

Fundraising & Info

  1. Truthful Materials
  2. Annual Report
  3. Website Disclosures
  4. Donor Privacy
  5. Cause Marketing Disclosures
  6. Complaints

JobsFirstNYC meets the 20 Standards for Charity Accountability.

Stated Purpose:
JobsFirstNYC was created in 2006, with lead funding from The Clark Foundation, Tiger Foundation and New York City Workforce Funders Group, to serve as a neutral intermediary to address the workforce needs of out-of-school, out-of- work young adults in New York City. Our mission is to create and advance new solutions that break down barriers and transform the systems supporting young adults and their communities in the pursuit of economic mobility. We bring together—effectively and efficiently—all available community, corporate, human, organizational, private, and public resources to connect young adults to the economic life of New York City.

Year, State Incorporated:
2007, NY

PROGRAMS

We build innovative, community-driven partnership networks, city-wide and employer-led
employment networks, and policy-solutions networks, all of which have improved economic
mobility for young adults and the communities they live in. We have a proven record working
across multi-stakeholder systems to reduce the number of out-of-school and out-of-work young
adults and to strengthen the workforce development capacity of nonprofit organizations. We are
focused on four areas:

1) Community: JobsFirstNYC’s community solutions initiatives—called CommunityINC—
are place-based partnerships that seek to advance economic mobility and workforce equity
through a single-system strategy. There are currently five CommunityINC initiatives:
Brownsville Hub Collaborative (Brooklyn), Jerome Avenue Revitalization Collaborative
(JARC) (Bronx), Lower East Side Employment Network (LESEN) (Manhattan), YES Bed
Stuy (Brooklyn), and Youth WINS (Staten Island).

2) Education: Build equitable pathways to post-secondary education and career
opportunities: (1) Bronx Opportunity Network (BON) - A collaborative of nonprofits and
colleges focused on college access and completion; and (2) Transfer to School
Collaborative (T2C) - A collaborative of nonprofits and high schools that seeks to improve
the postsecondary and workforce outcomes of New York City high school students most at
risk of becoming part of the out-of-school, out-of-work population.

3) Work: Identify, design, and advance practices and policies that achieve better outcomes
for workers and employers: (1) Young Adult Sectoral Employment Project (YASEP)
(City-Wide): Established in 2013, YASEP is a first-of-its-kind to test whether sector
strategies, previously proven through research to directly benefit job seekers in terms of
earnings over time, can be adapted to better serve young adults—specifically applied to
organizations serving OSOW young adults and the employers that may hire them; (2)
Young Adult Workforce Initiative focused on expanding the Young Adult Sectoral Project
(YASEP), with a focus on building collaboration across targeted employment sectors by
launching four new Sectoral Employment Networks. The NETWORKS would strengthen
collaboration among sector skills training nonprofits, colleges, and employers to improve
program design and skills training, leverage knowledge and resources, and increase access
to higher-quality jobs.

4) Policy: Use research and lessons learned from our work on the ground to develop new,
innovative policy solutions. For example, Invest in Skills New York - In partnership with the
New York Association for Training and Employment Professionals, JobsFirstNYC is cochairing Invest in Skills NY, a statewide advocacy coalition that aims to increase awarenessof workforce development as economic development and encourage policy reform to meet
the changing demands of the labor market. In its first year, 2018, the coalition secured $175
million of state investment for workforce development and pushed the governor to create the
New York State Office of Workforce Development to build a data-driven workforce system.
As of September 2020, 307 organizations across New York State had received funding for
workforce and economic development programs.

Our achievements are demonstrated through our initiatives which successfully challenge the status quo, develop new models/partnerships that produce better outcomes, increase/leverage resources, and drive a larger discourse that can implicitly and explicitly transform entire systems. We work with more than 160 orgs/institutions across NYC andState. Our partnerships have reconnected 10,237+ OSOW young adults to economic opportunities. Our solutions have collectively raised/leveraged nearly $30M of public/private investment and developed new models for place-based solutions that have been replicated and integrated across the workforce system.


For the year ended June 30, 2023, JobsFirstNYC's program expenses were:

Program services $2,122,155
Total Program Expenses $2,122,155

Chief Executive
Alan Momeyer, Board Chairperson

Chair's Profession / Business Affiliation
Not disclosed

Board Size
18

Paid Staff Size
10

Method(s) Used:
Direct mail appeals, Invitations to fund raising events, Grant proposals, Internet

% of Related Contributions on Fundraising: 8.08%

Tax status information not available.

The following information is based on JobsFirstNYC's audited financial statements for the year ended June 30, 2023.

Source of Funds
Grants - foundations and corporations $2,559,500
Contract services $607,921
Employee retention credits $112,403
Individuals $26,650
Net realized and unrealized gain on investments $8,917
Interest and dividends $2,680
Total Income $3,318,071

Programs: 81% Fundraising: 8% Administrative: 11%

Total Income $3,318,071
Total expenses: $2,615,397
  Program expenses $2,122,155
  Fundraising expenses $208,908
  Administrative expenses $284,334
  Other expenses $0
Income in Excess of Expenses $702,674
Beginning Net Assets $2,960,274
Other Changes In Net Assets $0
Ending Net Assets $3,662,948
Total Liabilities $1,216,121
Total Assets $4,879,069

An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.

This report is not to be used for fundraising or promotional purposes.

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Report completed by:
BBB Foundation of Metropolitan New York