Jacobs Ladder Inc.
Jacobs Ladder Inc.
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About this organization
Mission
Providing up to five week enrichment programs in the summer for intellectually gifted children identified as being in at risk environments. The program focuses on 4th to 8th graders and the objective is to complete a 5 year cycle of mentoring, coaching and followup to work towards making a college education and higher career aspirations goals of each climber. Jacobs Climber candidates are identified by leaders of gifted programs in Virginia and North Carolina schools. With the cooperation and permission of parents, staff meets with a candidate and begins the process of identifying whether the student has the desire to participate in the enrichment programs and confirming that the profile of the candidate otherwise would meet the qualifications for the program.2017 Fast facts: Celebrating 26 years encouraging intellectually gifted, at-risk students | 339 Climbers graduated since 1991 | 63 Climbers attended the Summer Enrichment Camp in 2017 | program makeup, 50% rural, 50% urban areas o
About
While the core of Jacob's Ladder, Inc. programs is an annual summer enrichment program, held this year at Christ Church Episcopal School in Middlesex County, there are other parts of the enrichment program which are held throughout the year. This year the program included 55 climbers, 15 Resident Assistants, 4 Board Members or Directors and 17 teachers. There are other field trips during the year as part of follow up activities to make sure the Climbers are staying on track. The cost per climber for 2019 was $4225 and anticipated to be $4277 in 2020.Jacobs Ladder, Inc. added in 2018 and again in 2019 a High School Advocate to follow the progress of Climbers making their way through high school and navigating the next step beyond graduation.Resident advisors serve as mentors, contract teachers are hired for the education programs and senior staff combine with these groups to assist with the role of life coaches. In addition to the summer programs, Jacob's Ladder staff serve to follow up on student progress through one on one and group meetings. This year, summer staffers were paid as W2 employees and instructors were paid as contractors, given the short span of time they are performing services for Jacob's Ladder Climbers.Group meetings may be combined with a field trip or travel to cultural events. These group meetings plus one on one follow up help the climbers to stay on track with their goals and to engage with staff, alumnae, peers and prospective Climbers.A new van was purchased in 2019 with funds provided for that purpose.Jacob's Ladder, Inc. hired an Executive Director in 2019 upon the fall departure of Susan Albaugh and JL welcomed Dr David Neibuhr as Executive Director. The offices of Jacob's Ladder, Inc. relocated to a rented office space in Urbanna, Virginia in 2018. As a result some additional office expense was incurred related to this move in 2018 and increased costs reflect a full year in 2019.Mrs. Castrodale was hired to serve as High School Advocate for the program, which is a new position.$38,800 of grant money was deferred to be expensed in 2019. Unrealized losses on the portfolio were recovered within two months of year end in 2019, so those losses were temporary in nature. However, the investments are still exposed to potential market drops after year end close.
Interesting data from their 2020 990 filing
The filing sets forth the mission of the non-profit as “This is an enrichment program for intellectually gifted children at risk.”.
When detailing its responsibilities, they were listed as: “Providing up to five week enrichment programs in the summer for intellectually gifted children identified as being in at risk environments. the program focuses on 4th to 8th graders and the objective is to complete a 5 year cycle of mentoring, coaching and followup to work towards making a college education and higher career aspirations goals of each climber. jacobs climber candidates are identified by leaders of gifted programs in virginia and north carolina schools. with the cooperation and permission of parents, staff meets with a candidate and begins the process of identifying whether the student has the desire to participate in the enrichment programs and confirming that the profile of the candidate otherwise would meet the qualifications for the program.2017 fast facts: celebrating 26 years encouraging intellectually gifted, at-risk students | 339 climbers graduated since 1991 | 63 climbers attended the summer enrichment camp in 2017 | program makeup, 50% rural, 50% urban areas o”.
- The state in which the non-profit is legally permitted to operate is VA.
- The address of the non-profit for 2020 according to the filing is PO Box 555, Urbanna, VA, 23175.
- The number of employees reported by the non-profit on their form as of 2020 is 0.
- Does not operate a hospital.
- Does not operate a school.
- Does not collect art.
- Does not provide credit counseling.
- Does not have foreign activities.
- Is not a donor advised fund.
- Is not a private foundation.
- Expenses are between $250,000 and $500,000.
- Revenue is between $250,000 and $500,000.
- Revenue less expenses is $55,514.
- The CEO compensation scheme within the organization is not based on a review and endorsement process by an independent body.
- The organization has 14 independent voting members.
- The organization was formed in 1994.
- The organization is required to file Schedule B.
- The organization is required to file Schedule O.
- The organization pays $189,660 in salary, compensation, and benefits to its employees.
- The organization pays $25,960 in fundraising expenses.
- The organization provides Form 990 to its governing body.
- The organization has minutes of its meetings.
- The organization has fundraising events.
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