SER JOBS FOR PROGRESS INC

EIN: 850223430 501(c)(3)

SANTA FE, NM

Total Revenue
$226,452
Total Expenses
$343,805
Total Assets
$32,765
Net Assets
$27,524
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1970
Legal Domicile
NM
Principal Officer
SANDY SANDOVAL
Phone
5054730428
Tax Period
2021-07-01 to 2022-06-30

SER JOBS FOR PROGRESS INC, founded in 1970, is a small nonprofit that reported $226K in total revenue in fiscal year 2021. Revenue fell 84% from the prior year — a significant decline worth monitoring. Expenses of $344K exceeded revenue, resulting in a 52% operating deficit.

Mission

TO ELIMINATE THE PARADOX OF POVERTY IN THE MIDST OF PLENTY IN THIS NATION AND IN OTHERS BY HELPING ALL GOVERNMENT AGENCIES IN OPENING UP TO EVERYONE THE OPPORTUNITY TO FIND WORK THE OPPORTUNITY FOR EDUCATION AND TRAINING AND THE THE OPPORTUNITY TO LIVE IN DECENCY AND DIGNITY.

Program Service Accomplishments

Program 1
Expenses: $228,272

WIOA (WORKFORCE INNOVATION AND OPPORTUNITY ACT) FUNDING FOR ADULT AND DISLOCATED WORKER SERVICES. THROUGH SER-JOBS FOR PROGRESS, INC. THE WORKFORCE SYSTEM PROVIDES ADULTS AND DISLOCATED WORKERS WITH...

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WIOA (WORKFORCE INNOVATION AND OPPORTUNITY ACT) FUNDING FOR ADULT AND DISLOCATED WORKER SERVICES. THROUGH SER-JOBS FOR PROGRESS, INC. THE WORKFORCE SYSTEM PROVIDES ADULTS AND DISLOCATED WORKERS WITH EDUCATIONAL, ON-THE-JOB TRAINING, COMPUTER LITERACY TRAINING AND SIMILAR JOB PREPARATION ASSISTANCE DESIGNED TO PREPARE ADULTS FOR THE WORKFORCE AND ASSIST THE PARTICIPANTS IN OBTAINING MEANINGFUL EMPLOYMENT. THE ONE STOP WORKFORCE SYSTEM PROVIDES CORE AND TRAINING SERVICES TO ADULTS IN NEED OF EDUCATION AND TRAINING TO QUALIFY FOR IN-DEMAND OCCUPATIONS. THE ONE STOP OFFICES DURING THE 12 MONTH PERIOD PROVIDED THESE SERVICES TO ADULTS IN TEN COUNTIES IN NORTHERN NEW MEXICO AND FOUR COUNTIES IN CENTRAL NEW MEXICO. THIS PROGRAM WORKS IN AN INTEGRATED ORGANIZATIONAL MANNER WITH THE STATE OF NEW MEXICO DEPARTMENT OF WORKFORCE SOLUTIONS CO-LOCATED TOGETHER IN SOME ONE STOP OFFICES TO PROVIDE COORDINATED WORKFORCE DEVELOPMENT SERVICES TO BUSINESSES AND EMPLOYMENT SERVICES TO PARTICIPANTS. THE GRANT FUNDS ADULT PARTICIPANT SERVICES AS WELL AS PROVIDES BUSINESSES WITH QUALIFIED APPLICANTS FOR JOBS. THIS PROGRAM WORKS CLOSELY WITH BUSINESSES TO IDENTIFY THEIR NEEDS FOR STAFFING AND MAINTAINS POOLS OF QUALIFIED APPLICANTS TO FILL THOSE NEEDS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $228,960
Program Service Revenue $0
Investment Income $-2,508
Other Revenue $0
TOTAL REVENUE $226,452

Expense Breakdown

Grants Paid $0
Salaries & Benefits $247,726
Fundraising Expenses $0
Program Expenses $228,272
Other Expenses $96,079
TOTAL EXPENSES $343,805

Year-over-Year Comparison

2021 2020 Change
Revenue $226,452 $1,394,105 -0.8%
Expenses $343,805 $1,451,384 -0.8%
Net Income $-117,353 $-57,279 +1.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
8
Independent Members
8
Employees
22
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$45,089
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARY A CHAVEZ MEMBER 1.00
Director
$0 $0 $0
CARLOS A GONZALES CHAIR 1.00
Officer Director
$0 $0 $0
THERESE RIVERA SECRETARY/TREASURER 1.00
Officer Director
$0 $0 $0
CHRISTOPHER VIGIL MEMBER 1.00
Director
$0 $0 $0
LEO V VALDEZ VICE-CHAIR 1.00
Officer Director
$0 $0 $0
GWEN CASADOS MEMBER 1.00
Director
$0 $0 $0
THERESA ROMERO MEMBER 1.00
Director
$0 $0 $0
SANDY SANDOVAL DIRECTOR OF FINANCE 40.00
Officer
$0 $0 $0
ALEX A MARTINEZ EXECUTIVE DIRECTOR 40.00
Officer
$45,089 $0 $45,089
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2022 $226,452 $343,805 $32,765 $-117,353
2021 $1,394,105 $1,451,384 $257,350 $-57,279
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