A Job vs. A Career

A Job vs. A Career

What is Work with Purpose? This is an important distinction whenever we are focused on veterans and employment. Too often, the monthly or annual veteran unemployment number is what draws the most attention. This number, per the March Jobs Report, currently stands at 2.4%. While the unemployment rate is a bellwether of the economic health of our veteran population, it only tells part of the story—a much smaller part of the story.

Colonel Sam Whitehurst, Dixon Center for Military and Veterans Services

It’s important that we understand what unemployment looks like for veterans, it is just as important to understand what underemployment looks like as well. Being in a job where you have far less responsibility than you had in the military and the leadership, teambuilding, and the ability to adapt that you developed in the military are not recognized, or may not be held in high regard. On top of that, the difference between what you are making in a minimum wage, entry-level job is tens of thousand dollars less than what you earned in the military.

Underemployment creates a downward spiral that leads to other issues—living paycheck to paycheck, loss of self-esteem, increased stress and anxiety, and barriers to accessing high-quality healthcare.

At Dixon Center for Military and Veterans Services, our approach is to partner with organizations and programs who make countering veteran underemployment part of their core mission.

Mike Hazard, Executive Director, UA Veterans in Piping

The United Association, a labor union that represents workers in the plumbing and pipefitting industries, is one of our partners and is a leader in creating opportunities for transitioning service members and their families. Through their Veterans in Piping program, an 18-week course that provides industry-recognized certifications in welding, fire sprinkler fitting, and HVAC-R (heating, ventilation, air conditioning, and refrigeration), service members are leaving the military with guaranteed employment, enrollment into a registered apprenticeship program, and a career that provides middle-class wages from the outset, healthcare, and benefits. Dixon Center assists in integrating service members and their families into the UA VIP program by introducing the service members to wellness programs, that assist with finding a home, financial counseling, physical and mental health support, legal services, and more.

The UA VIP program is directly attacking veteran underemployment and is the recipe for long-term success for service members once they depart the military. This partnership, which along with Dixon Center, also includes the Department of Defense, is making a real difference in the lives of veterans and their families.

This is Work with Purpose.

Veterans in Piping Graduation, Fort Carson, CO, April 21, 2022

Your Giving Changes Lives

Your Giving Changes Lives

Thank you. At Dixon Center for Military and Veterans Services we always want to share our appreciation and acknowledge our donors and supporters. Thank you. We need your help because our veterans and their families are amazing people and we have made a commitment: we will not tolerate another generation of homeless veterans. Our donation process is simple and quick. In just 30 seconds, your donation will be on its way to enable our veterans and their families to succeed where they live.Our mission is to ensure our veterans and military families can succeed where they live and that every organization, across all sectors of society, effectively integrate veterans and their families into their organization and existing programs. And again, thank you to all of our 1,905 donors.  

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Speaking Engagements

Speaking Engagements

There is an epidemic of disconnection between our Nation’s veterans and the American public. Many have voiced this concern, including Washington Post reporter Bob Woodward, who has written books about the wars in Iraq and Afghanistan, and the impact of this disconnection.

At Dixon Center for Military and Veterans Services, we believe it’s crucial to the future of our country to change that. Our leadership is defeating the epidemic of disconnection by sharing influence, ideas, and actions.

Despite the pandemic, our team of experts have been participating in speaking engagements assisting organizations, communities concerned for the well-being of our veterans and their families. For example, our chairman was the keynote speaker during the 20th anniversary commemoration of 9/11 at the Ronald Reagan Presidential Library and is scheduled to speak during multiple Memorial Day and Independence Day Weekend events in five states.

Our president has been the keynote speaker and a panelist during several community events and is scheduled to speak during multiple summer celebrations across the nation.

Our VP of Programs and Services, besides hosting our Service Before Self podcast, participated in several Veterans Workforce Development graduations and is scheduled to speak during upcoming conferences about solutions enabling veterans and their families to succeed where they live.

These events are critical to ensure we use our expertise to inspire, inform and influence your audience.

Check out Speaking Engagements on our website if your organization would like to leverage our knowledge, expertise, and leadership by having a member of the Dixon Center team speak at one of your events.

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New Website to Kickoff 10-Year Celebration

New Website to Kickoff 10-Year Celebration

We’re thrilled to announce the launch of our brand-new website. The new dixoncenter.org beautifully displays our full list of highlights, latest themes, work pillars, program details, and information about our team and history.

The Bugler e-Newsletter, blogs and Service Before Self Podcast have been fully integrated. You can expect even more quality posts and links to our social media.

Our new website is also fully receptive and ready for all shapes and sizes of smartphones and tablets. This project was undertaken by Sara Heidenheimer as lead designer. We can’t say enough about Sara’s amazing work.

The strategy behind the new website is to modernize the look and feel, improve the accessibility, user-ability, and functionality of the site, and attract more visitors in need of our services as a resource for individuals, organizations, and communities interested in the long-term wellbeing of our veterans and their families.

The launch of our new website also kicks-off a three-month celebration leading up to Dixon Center for Military and Veterans Services 10-year anniversary. During the next three months, our followers will get treated to insights and memories from our history, interviews with longtime partners and staff, and a retrospective of our work.

Founded in 2012 by our Chairman, David Sutherland, and former President, Kimberly Mitchell, Dixon Center is proud of the legacy it has built based on its noble purpose to make the lives of our veterans and their families better.

Since 2012, by moving from a model of crisis intervention to one of crisis prevention, our collaboration and capacity building has impacted more than 2.4 million individuals and organizations. We started with an internal team of just 4 and now with the support of our parent organization, The Fedcap Group, we are approaching a team of 250 employees, consultants, contractors, volunteers, and ambassadors.

Witnessing our growth and success is a testament to our passion.

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Grant Received for Work with Purpose

Grant Received for Work with Purpose

Dixon Center for Military and Veterans Services is honored to announce a $348,000 grant from a partner foundation. This investment will be used to assist in the growth of our flagship project working with organizations to assist transitioning service members, veterans, and their families to achieve economic empowerment.

Our partnership supports service members before and after they exit the military and provides a clear path for increased quality of life and stability. As we begin our seventh year of working together, the foundation’s investment in Dixon Center has created growth with multiple independent partner organizations.

Working together our collaborators are providing training resulting in credentialing, commercial driver licenses and certifications leading to meaningful employment in the transportation industry and building trades.

The foundation has been making investments across the country through grants that have a profound effect on underserved populations, including those who have fought for our country.

This grant will allow us to build on the success we’ve achieved in assisting thousands of veterans across the nations with the opportunity to work with purpose.

If you are interested in learning more about our projects leading to Work with Purpose for veterans and their families and joining our partnerships contact Vanessa Stergios, Director of Development at vstergios@dixoncenter.org.

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Dixon Center Bugler: Command Council

Dixon Center Bugler: Command Council

Dixon Center for Military and Veterans Services is very appreciative of all our volunteer Command Council. Dixon Center’s Command Council serves as an advisory board. Our members work with our leadership and provide advice on matters that directly concern programs and fundraising efforts.

COMMAND COUNCIL MEMBERS

Dixon Center for Military and Veterans Services is very appreciative of all our volunteer Command Council. Dixon Center’s Command Council serves as an advisory board. Our members work with our leadership and provide advice on matters that directly concern programs and fundraising efforts.

Latrese Dixon – Blue and Gold Star Family Partner
John Anderson – Spring Creek Partners and Anderson Enterprises
John Coonradt – USMC for Life
Rick Freedman – Eugene and Ruth Freedman Family Foundation
Danny Gardner – Affordable Housing Subject Matter Expert (SME)
Tommy Haire – Soldier for Life
Brian Hull – UBS Americas
Bob McCann – NewEdge Wealth
Christine McMahon – The Fedcap Group
Holly Metzger – Artist
Jerry Pascucci – UBS Americas
Colonel David Sutherland, U.S. Army (Ret.) – Chairman
Tim Thorne – Workforce Development SME
Edward Wenzel – Edward Wenzel Associates
James E. Williams Jr. – Nonprofit Executive SME

Thank you for being a volunteer and for sharing our noble purpose: to make the lives of our veterans and their families better. 

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National Vietnam War Veterans Day

National Vietnam War Veterans Day

Today is National Vietnam War Veterans Day. March 29th was established as a day to recognize the sacrifice of those who fought in Southeast Asia. There are 610,000 living veterans out of the 2.7 million who served in Vietnam.

Our nation owes an eternal debt of gratitude for their sacrifice and that of their families. Today’s veterans can talk about their combat experiences in large part because our Vietnam veterans could not or would not. Much of our battlefield knowledge and effectiveness can be attributed to what we learned from our Vietnam veterans. Thankfully, our nation has learned how to separate the warrior from the wars because of the way this generation of veterans dealt with the adversity of coming home from combat. Today and every day, at Dixon Center for Military and Veterans Services, we work to honor their service and vow to double-down on our efforts to include this generation of veterans and their families. With your help we have been able to make the lives of all generations of veterans better.

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The Fedcap Group Financial and Programmatic Results for FY 2021 Demonstrate Effective Implementation and Strong Financial Performance

The Fedcap Group Financial and Programmatic Results for FY 2021 Demonstrate Effective Implementation and Strong Financial Performance

On Thursday, December 16, The Fedcap Group reported its operating and financial results for fiscal year 2021 ended September 30, 2021. These biannual presentations provide our investors including donor and funders, supply chain and other key stakeholders with regular and timely disclosures about financial and operational performance, mission-related impact, and trends and challenges for The Fedcap Group, while underscoring our commitment to fiscal transparency. View the press release.
Highlights from a very successful year—include double digit revenue growth reflecting both organic and acquisition growth, contract awards exceeding $435 million, an expanded international footprint, and the acquisition of Civic Hall, a high profile and innovative provider of advanced technology training solutions.

Year-on-year revenue growth of 23% in fiscal 2021 was led by full year contributions from our large Canadian workforce development contract and from our FY 202 acquisition of APEX Technical School, a New York City institution having graduated over 40,000 people as plumbers, electricians and other high-demand trades. Additionally, we ramped up our substantial new contract in the UK, valued at $267 million, to provide support for people who are unemployed as a direct impact of the COVID-19 pandemic.

Christine McMahon, CEO of The Fedcap Group
Other highlights include the employment of over 1,500 people in our commercial business operations, most of whom have disabilities or other barriers; provided functional capacity assessments, employment readiness training, vocational evaluations, and wellness services to over 40,000 people; placed 13,100 people in jobs, along with follow-on job retention services, provided services to 10,000 children ages 0-8, and launched the Greenleaf Neurodiversity Community Center in Austin, Texas, an innovative public-private partnership that serves young people with autism who are transitioning to adulthood. Looking ahead, The Fedcap Group plans to launch an innovative digital training center leveraging the assets of both Apex and Civic Hall. This 80,000-square-foot digital training center will address the re-skilling and up-skilling of workers, supplying a trained workforce to meet the demand of our transforming economy and job landscape. And to gain a higher education platform, the agency recently announced a strategic partnership with Paul Smith’s College, located in Upstate New York. The college serves approximately 1,000 students a year, over 46 percent of whom are the first in their families to attend college.

I could not be prouder of The Fedcap Group leadership and staff who have worked diligently to bring our essential services to the at-risk populations we serve. This is an indication of the strong culture that unites us and enables us to continue to make a significant impact on the lives of people with barriers to economic wellbeing in 22 states and Canada, Scotland and England

Christine

The Fedcap Group Reports First Half Fiscal Year 2021 Financial and Operating Results

The Fedcap Group Reports First Half Fiscal Year 2021 Financial and Operating Results

New York, May 19, 2021 – The Fedcap Group, the parent company for a growing network of top tier nonprofit agencies, today reported its operating and financial results for the first half of fiscal year 2021. Committed to providing services that positively impact the lives of people with barriers to economic wellbeing, The Fedcap Group is structured in four areas of practice: Education, Workforce Development, Occupational Health and Economic Development and operates through 21 nonprofit subsidiaries, in the U.S., Canada and the UK.

Management Comment

“The Fedcap Group’s first half performance represented a strong start to fiscal 2021. Revenues increased 18% to $152.8MM, reflecting our growing platform of services and expanding geographic footprint. During the period, we continued to execute effectively on existing contracts and increase our impact by winning large, new awards, all while managing through the challenges of COVID-19. We also completed two important strategic acquisitions: Apex Technical School in September 2020 and Civic Hall Technology Hub at the end of March 2021. Both combinations significantly advance our ability to train and upskill individuals in the technology sector—creating a pathway to long term economic wellbeing.

“First half revenue growth was led by the ramp up of the large Canadian workforce development contract we were awarded last fiscal year, increased demand for our facility management and cleaning services during the pandemic and a 6-month contribution from the Apex acquisition. Also in the first half of 2021, we continued to refine our work in our five key areas of focus: Children ages 0-8, youth transitioning from foster care, individuals with intellectual and developmental disabilities, the previously incarcerated and those on public assistance.

“As we slowly turn the corner on the pandemic, The Fedcap Group remains committed to assisting people from across our footprint who are struggling to make ends meet, ensuring children have access to much needed educational and supportive services and helping individuals develop the skills to succeed in the changing workplace,” said Christine McMahon, President and Chief Executive Officer.

2021 Financial and Operating Metrics

Revenue for the first half of FY 2021 ending March 31, 2021 was $152.8MM, an 18% increase over the similar period last year. The Fedcap Group provides a diversified its revenue array of services to at-risk populations across four key practice areas.
For the first half of Fiscal 2021 operating expenses were $152.2MM, 88% of which represented direct program expenses. The Fedcap Group reported an operating profit of $604 thousand for the period ended March 31, 2021 compared to an operating loss of $1.4MM in the same period last year.

As of March 31st, 2021, cash and marketable securities were $33.7MM compared with $15.9MM for the same period in the prior year, inclusive of $15MM that represented federal government-funded loans as part of the Payroll Protection Plan (PPP).

In October 2020, The Fedcap Group refinanced a portion of its outstanding debt. The line of credit capacity was increased to $42.5MM from $28MM to support the organization’s future growth.

Summary and Outlook

“The first half of fiscal year 2021 has been an exciting period for The Fedcap Group. Business conditions continued to improve as certain pandemic-related restrictions were eased, and we were able to achieve positive outcomes for an expanded universe of individuals in need. Additionally, we are very pleased with our acquisitions of Apex Technical School and Civic Hall, two high profile companies.

“Bringing Apex Technical School into The Fedcap Group provides tremendous opportunity to expand our efforts in creating pipelines from training to jobs. For nearly 60 years, Apex has provided educational opportunities that change lives. Each year, 1000+ individuals graduate with skills and certifications in trades with tremendous growth potential. This combination allows us to expand our ability to assist unemployed individuals develop new skills, especially in technology and compete in the changing marketplace.

“Civic Hall Technology Hub is a center for learning, collaboration, and technology for the public good. Founded in February 2015, Civic Hall has built a strong following with government, tech companies, media leaders, academic institutions, foundations, and community-based organizations that will support our training and upskilling services.

“In the first half, our Fedcap UK subsidiary successfully competed to provide support for people who have been directly impacted by the COVID-19 pandemic and have been unemployed between 12-18 months. The contract, valued at over $201,600MM over 4.5 years, was awarded to us in April, and represent important recognition of the track record we have established in gaining employment for individuals across England and Scotland, as well as in the US and Canada.

“As our economies emerge from the pandemic, we expect demand for services provided by the Fedcap Group to continue to increase. I could not be prouder of The Fedcap Group leadership and staff who have worked diligently to bring our essential services to the at-risk populations we serve within a very difficult operating environment. This is an indication of the strong culture that unites us and enables us to continue to make a significant impact in the lives of people with barriers to economic wellbeing,” noted Ms. McMahon.

About The Fedcap Group

For 86 years, The Fedcap Group has developed scalable, innovative, and potentially disruptive solutions to some of society’s most pressing needs. Serving nearly 300,000 people each year, The Fedcap Group provides educational services to every age group, vocational training in high-growth industries, behavioral health services, work readiness skill building and jobs—all targeted to helping people achieve long-term self-sufficiency. The Fedcap Group also invests its time and resources in broader system change—working in partnership with federal, state, and local government to improve the way services are designed, funded, and delivered.

Conference Call Details

Date: Wednesday, May 19, 2021, 11:00 a.m. ET
Link to Webcast: Fedcap.org/results 

PARTICIPANT DIAL IN (TOLL FREE): 1-844-792-3735
Canada Toll Free: 1-855-669-9657
UK Toll Free: 08002799489

Financials

Fedcap Rehabilitation Services, Inc. and Subsidiaries Consolidated Statement of Financial Position

Fedcap Rehabilitation Services, Inc. and
Subsidiaries Consolidated Statement of Activities

The Fedcap Group Reports Fiscal Year 2020 Operating and Financial Results

The Fedcap Group Reports Fiscal Year 2020 Operating and Financial Results

--Resilient performance supported by a strong programmatic, financial and technology infrastructure--

New York, December 11 – The Fedcap Group, the parent company for a growing network of top tier nonprofit agencies, today reported its operating and financial results for fiscal year 2020 ending September 30, 2020. Committed to providing services that positively impact the lives of people with barriers to social and economic well-being, The Fedcap Group operates in four main practice areas: Education, Workforce Development, Occupational Health and Economic Development.

Management Comment

“The Fedcap Group’s fiscal 2020 performance demonstrated the resilience of our organization and our ability to manage effectively through the challenges of COVID-19. We have remained operational throughout this unprecedented health crisis, providing a broad range of services to consumers, while maintaining strict safety protocols to protect our staff. At the same time, we took action to optimize The Fedcap Group’s financial position to ensure the sustainability of our work, ending the year with relatively stable year-on-year recurring revenue levels, a strong cash position, and expanded bank credit lines,” said Christine McMahon, President and Chief Executive Officer.

“Nowhere has the pandemic been more acutely felt than in our at-risk communities, where individuals are suffering high infection rates, loss of income and a pullback in available services. We are proud of how well The Fedcap Group has been able to utilize our robust platform to provide much needed help, including: distributing over 50 tons of food, toiletries, and other essentials through our child development centers and special education schools, cooking over 160,000 meals for the homeless and food insecure in our commercial kitchen, providing childcare to health care providers and first responders, and offering remote telehealth services to tens of thousands of individuals. Similarly, our facilities management subsidiary has deep cleaned over 18 million square feet of commercial space to provide a safe working environment for thousands of individuals.

“As our staff worked tirelessly since March to address the special pandemic-related needs in our communities, 2020 was also a year in which we continued to refine our work in our five key areas of focus: Children ages 0-8, youth transitioning from foster care, individuals with intellectual and developmental disabilities (I/DD), the previously incarcerated and those on public assistance. Throughout the year, we made targeted investments to enhance our technology infrastructure, enabling the transition to work-from-home and upgrading our financial, HR, fundraising and business development systems to create a sustainable platform from which to efficiently serve our diversified populations.

2020 Financial and Operating Metrics

Revenue for FY 2020 was $273.1 million, stable on a recurring revenue basis with the prior fiscal year. Lower year-on-year comparisons of reported revenue primarily reflect the downsizing of our home health business, which contributed additional revenues of approximately $6.7 million in 2019 and the wind-down of a large project that generated revenues of $25.2 million last year.

Over the last several years, The Fedcap Group has significantly diversified its revenue sources, bringing a broader array of services to at-risk populations.
  • Economic Development is comprised of business services operations that directly employ the populations we serve. In fiscal year 2020 we employed over 1,700 people in these businesses, the majority of whom have disabilities or other barriers. Within this activity, the largest unit is Total Facilities Management, which provides services at many iconic sites in the U.S. and at government and commercial office buildings. During this pandemic, client demand for Total Facilities Management has increased significantly, and we have worked diligently to meet the increased cleaning needs of the over 18MM square feet of space that we maintain.
  •  

Workforce Development continues to represent the area in which The Fedcap Group serves the largest number of individuals through a broad range of services, including the Single Stop platform. In 2020 we provided functional capacity assessments, employment readiness training, vocational evaluations, and wellness services to 23,000 people. We placed just under 9,000 people in jobs and provided job retention services. We have continued to provide most of these services via video conferencing and technology platforms during the current healthcare crisis.

Education and Occupational Health represent growing bodies of work in early childhood services provided through Easterseals and in our programs assisting individuals with intellectual and developmental disabilities (I/DD) enter the workforce. We provided services to 6,535 children ages 0-8, designing and delivering an array of evidence-based practices that promote long term economic and social well-being. The Fedcap Group is also at the forefront of helping individuals with I/DD learn new trades and enter the workforce at competitive wages. Transitioning this work to a telehealth model during COVID-19 has involved engagement of families and a learning curve for staff.

Fiscal 2020 operating expenses were $272.6 million, 88% of which represented direct program expenses. The Fedcap Group reported an operating gain of $504 thousand for the year ended September 30, 2020, largely reflecting the organization’s agility during the COVID-19 crisis, pivoting to delivering services remotely, expanding COVID-related services and managing expenses in areas where revenues were impacted by the crisis.

At September 30, 2020, cash and marketable securities were $31.7 million, of which $12.5 million represented federal government-funded loans as part of the Payroll Protection Plan (PPP). At the end of fiscal 2019, cash and marketable securities were $18.5 million.

During FY20, The Fedcap Group began the process of increasing its working capital line of credit to enable the organization to effectively bid for many growth opportunities that exist. In October 2020, The Fedcap Group refinanced a portion of its outstanding debt. The line of credit capacity was increased to $42.5 million from $25 million and long-term debt was decreased by $4 million.

Summary and Outlook

“Fiscal 2020 was a tale of two halves. In the first half of the year, Fedcap was moving forward with its growth strategy, achieving positive outcomes for individuals in need, winning new contracts including a large new workforce development contract in Canada, and engaging in talks with potential acquisition candidates.

“At the onset of the pandemic, we pivoted quickly to address the dire situations that existed in many of our communities. I could not be prouder of The Fedcap Group leadership and staff who have worked diligently to bring our essential services to the at-risk populations we serve within a very difficult operating environment. This demonstrates the strong culture that unites us and supports our confidence in The Fedcap Group’s ability to continue to effectively navigate the COVID-19 health crisis and to emerge from it as an even stronger organization.

“While the pandemic caused delays in several of our initiatives, we are pleased to report that in the 4th quarter of fiscal 2020, we officially brought Apex Technical School into The Fedcap Group. Since 1961, Apex Technical School has enjoyed a rich tradition of service to New Yorkers. Licensed by the New York State Education Department, the school’s founders were marine, stationary and refrigeration engineers who were well known in union and trade association activities. They developed a trade school for the purposes of offering a hands-on quality education. Nearly 60 years later, Apex continues to provide educational opportunities that change lives. Each year, 1000+ individuals graduate with skills and certifications in trades with tremendous growth potential. This combination allows us to expand our ability to assist unemployed individuals develop new skills, especially in the area of technology, and compete in the changing marketplace.

“We have also ramped-up our large Canadian workforce contract and are now serving a population of more than 10,000 people across Ontario. Additionally, we continue to expand our presence in the UK and we were recently selected by the UK Department of Work and Pensions (DWP) as one of 14 organizations (and the only nonprofit agency) eligible to compete for new workforce development contracts worth £2.9 billion over 4 years, throughout England, Scotland and Wales.

“We believe that the post-COVID-19 environment will provide opportunities for The Fedcap Group and similar service providers that are well-capitalized and have the scale and IT infrastructure to offer robust solutions to funders. We already are seeing greater demand for our on-premises Facilities Management Services and have added over 40 individuals to implement contract plus-ups we have received, to increase the scope of our work in this arena. There also will be expanded need for our workforce training and development work to help get individuals back to work.

“Operating in 22 states and Canada, Scotland and England, we are a leader in providing relevant services. Our strong financial position and the dedication of our staff give us confidence in The Fedcap Group’s ability to remain a sustainable organization supported by a strong programmatic, financial and technology infrastructure,” said Ms. McMahon.

About The Fedcap Group

For 85 years, The Fedcap Group has developed scalable, innovative and potentially disruptive solutions to some of society’s most pressing needs. Serving over 265,000 people each year, The Fedcap Group provides educational services to every age group, vocational training in high-growth industries, behavioral health services, work readiness skill building and jobs—all targeted to helping people achieve long-term self-sufficiency.

Conference Call Details

Date: December17, 2020 at 11:00am ET

Webcast:

www.fedcapgroup.org/results

US: 1-844-792-3735

UK: 08002799489

Canada: 1-855-669-9657

Contact:
Ariana Reed Casasanto
646-931-2412
acasasanto@fedcap.org

 

Financials

Consolidated Statement of Financial Position as of September 30

Consolidated Statement of Activities as of September 30