2022-08-11T09:16:48-07:00 2021-09-30 134036703 SCHALL & ASHENFARB CPAS LLC 307 FIFTH AVE 15TH FL NEW YORK NY 10016 990 2020-10-01 208720134 Economic Mobility Corporation ECON 2122806975 50 Broadway 1604 New York NY 10004 Mark Elliott President 2022-08-11 true Mark Elliott 999009999 Michael Schall P02024184 2122682800 3 AAL1 IAL1 FAL1 2020 2022-09-23 18:48:47Z Mark Elliott 50 Broadway 1604 New York NY 10004 375425 false X www.economicmobilitycorp.org X 2007 NY The Economic Mobility Corporation (Mobility) identifies, develops and evaluates programs and policies that enable disadvantaged individuals to acquire the education, skills and networks needed to succeed in the labor market. 7 6 2 6 0 2412254 347681 109861 27527 7346 217 0 2529461 375425 0 0 490007 463960 0 23936 127985 142739 617992 606699 1911469 -231274 3878749 3696736 236680 285941 3642069 3410795 The Economic Mobility Corporation (Mobility) identifies, develops and evaluates programs and policies that enable disadvantaged individuals to acquire the education, skills and networks needed to succeed in the labor market so that they can support themselves and their families. false false 510959 Partnerships for Skills Gains With funding from the W. K. Kellogg Foundation, Mobility managed an initiative, Partnerships for Skills Gains, to identify and support partnerships between employers and workforce development intermediaries to upgrade workers skills. The project sought to promote greater investment in workers skills. Mobility adopted three primary strategies to support this initiative: (1) created a suite of case studies documenting the practices of innovative partnerships; (2) disseminated the themes and key findings that emerged from the case studies and a review of academic and professional literature; and (3) gave business planning grants to local partnerships to spur their spread and scale. Mobility published and widely disseminated a brief on the project, Partnerships for Skills Gains: Investing in Frontline Workers, as well as profiles of 40 partnerships around the country that emphasized good jobs, required employers to cover some or all of the costs of skills training, and featured relationships with community colleges, nonprofits, and/or workforce development boards.Project QUEST RCT EvaluationWith a grant from Arnold Ventures, Mobility extended its randomized controlled trial study of Project QUEST to examine program impacts on earnings nine years after study enrollment, using state administrative data. Since 1992 Project QUESTs mission has been to make well-paying careers accessible to low-income San Antonio residents while meeting employers need for skilled workers. Project QUEST provides comprehensive support and resources to help individuals complete occupational training programs at community colleges and other training providers, pass certification exams, and obtain jobs in strong sectors of the local economy. The evaluation focused on individuals who were pursuing careers in health care. Between April 2006 and October 2008, 410 individuals enrolled in the study, of whom 207 were assigned to the treatment group, which could receive the Project QUEST services, and 203 to the control group, which could not. Mobility has published two reports on the nine-year findings, Nine Year Gains: Project QUESTs Continuing Impact and Nine Year Education Gains: Project QUESTs Impact on Student Success. We found that Project QUEST had large, statistically significant impacts on earnings and postsecondary credential attainment that grew over the nine-year follow-up period. The findings strengthen the evidence base on the effectiveness of sector-based training programs and comprehensive strategies to help adults with low incomes to earn postsecondary credentials that are valued in the labor market.Evaluation of the MA Pathways to Economic Advancement Project The MA Pathways to Economic Advancement project is a collaboration of the Commonwealth of Massachusetts, Jewish Vocational Services (JVS) Boston, and Social Finance to increase access to programs that assist adult English-language learners in making successful transitions to employment, higher wage jobs, and higher education. JVS provides limited English speakers, including documented immigrants and refugees, vocational English language classes, integrated with job search assistance and coaching. JVS offers four distinct program tracks to accommodate varying language levels, employment objectives, and educational goals among program participants. The project uses an innovative Pay for Success funding model in which private sector investors provide upfront capital to scale promising programs, and the government pays back the investors only if the programs achieve predetermined outcomes. Mobility is the projects independent evaluator. The evaluation design differs for each program track, including tracking post-program outcomes, comparing pre- and post-program outcomes to assess change over time and, for one track, using a randomized controlled trial (RCT) design to assess program impacts on earnings two years after study enrollment. Outcomes are measured using state administrative data on participants earnings and educational attainment. In 2020, with funding from Arnold Ventures, Mobility published a report on the interim findings from the RCT evaluation of English for Advancement (EfA). We found that EfA had a large, statistically significant impact on the earnings of English language learners in the second year after study enrollment. We will publish a final report on the findings for all four program tracks in 2022. 510959 true true false false false false false false false false false false false false false true true false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false true 9 0 true 2 true false false false false false false false 0 false false false false false false false X 7 6 false false false false false false false true false false false true true true true true true true true false NY X Mark Elliott 2122806975 50 Broadway Suite 1604 New York NY 10004 Mark Elliott President 40.00 0.00 X X 193909 0 49457 Anne Roder VP & Secretary 40.00 0.00 X 150290 0 51572 Plinio Ayala Treasurer 1.00 0.00 X X 0 0 0 Cynthia Shoss Chair 1.00 0.00 X X 0 0 0 Paul Osterman Trustee 1.00 0.00 X 0 0 0 Harry Holzer Trustee 1.00 0.00 X 0 0 0 Russ Pomeranz Trustee 1.00 0.00 X 0 0 0 Mary Pena Trustee 1.00 0.00 X 0 0 0 344199 101029 2 false true false 0 41665 306016 347681 Contract Revenue 27527 27527 27527 217 217 0 0 0 0 0 0 0 0 375425 27527 217 X 0 0 0 0 441367 375161 44137 22069 0 0 0 0 22593 19204 2259 1130 0 0 0 0 0 0 125185 101385 23800 0 5185 4409 517 259 0 0 0 0 0 0 0 0 0 5907 5021 591 295 6462 5779 500 183 0 606699 510959 71804 23936 1024646 1085145 0 2854103 2611591 0 0 0 0 0 0 0 0 0 0 0 0 3878749 3696736 68570 48403 168110 237538 236680 285941 X 458030 457102 3184039 2953693 3642069 3410795 3878749 3696736 -231274 X false true X true false X 349637 281848 1087279 2437254 347681 4503699 0 0 349637 281848 1087279 2437254 347681 4503699 4044818 458881 427 5542 17392 7346 217 30924 0 0 4534623 905310 0.10120 0.27530 X Current Year Facts and Circumstances: The following facts and circumstances apply in support of Economic Mobility Corporations's public charity status: 1. Although the support percentage fell below 33.33%, it is still in excess of the 10% threshold.2. The Organizations support that was primarily public in nature came from solicitations of donations from public charities, private foundations, foundations and corporations. The Organization is working actively to broaden its base of support by strengthening its development activities.3. In accordance with its mission, the organization identifies, develops and evaluates programs and policies that enable disadvantaged individuals to acquire the education, skills and networks needed to succeed in the labor market so that they can support themselves and their families. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 375425 375425 375425 606699 606699 606699 Part X : FIN48 Footnote EMC does not believe its financial statements include any uncertain tax positions. Tax filings for periods ending September 30, 2018 and later are subject to examination by applicable taxing authorities. X X false false false false false false false false false Anne Roder VP & Secretary 150290 51572 201862 Mark Elliott President 193909 49457 243366 Form 990, Part VI, Line 11b: Form 990 Review Process The form 990 was provided to the full board of directors via e-mail before filing. All directors were afforded the opportunity to ask questions and offer edits. The decision of whether to make edits was made by senior management with the advice of its fiscal advisors in conjunction with the tax preparer. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts The organization has a "board approved" conflicts of interest policy. Each board member must fill out an annual declaration stating they had no conflicts or identifying the nature of their interested party transactions. Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management The board, led by its Treasurer, reviews comparable salaries based on a study of other organizations' Forms 990 and reviews the performance of the executive director. The board deliberates on this matter in executive session. Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees The board, led by its Treasurer, reviews comparable salaries based on a study of other organizations' Forms 990 and reviews the performance of the VP. The board deliberates on this matter in executive session. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available Organizational documents are made available upon request.