JUST A START INC
Mission Statement
YouthBuild Just-A-Start is a full-time alternative educational and vocational training program for young adults between the ages of 17-24 who did not complete high school. Students spend half their time in the classroom as they work towards earning their high school diploma or GED, while the other half is spent receiving vocational training in construction. Students use their construction skills to provide community service in Chelsea and Cambridge by rehabilitating low income housing units. To support long term success, students also receive leadership development and life skills curricula. The overall goal of the program is on long term career attainment, which includes intensive follow-up to support graduates in the transition to post-secondary education and employment.
Financial Overview — FY 2024
Compared with Peers
FY 2024| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
82.1% | 90.2% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
13.1% | 8.3% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
4.9% | 0.2% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
17.1 mo | 5.5 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
77.9% | 40.6% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
57.0% | 91.4% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
-23.7% | 5.8% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
46.2% | 7.4% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-24.9% | 1.3% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $10.3M | $12.8M | $18.2M | 82.1% | 74 |
| 2023 | $13.4M | $8.8M | $20.5M | 77.9% | 61 |
| 2022 | $11.4M | $13.6M | $15.5M | 86.9% | 62 |
| 2021 | $7.4M | $6.8M | N/A | — | 59 |
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