Academy For Career Development Inc
Nonprofit profile at a glance
- EIN
- 161511911
- IRS 990 coverage
- 2010–2011
- Forms available
- Form 990 2011
- Location
- Rochester, NY, USA
- Phone
- 5852441430
- Rating confidence
- Limited
- Sector
- Job Training
Reported finances
- Revenue
- $625,391
- Expenses
- $590,344
- Assets
- $28,309
- Liabilities
- $53,507
Source: IRS Form 990. Selected filing: tax year 2011. Amounts in USD.
Leadership & pay
4 people listed
Source: IRS Form 990. Selected filing: tax year 2011. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Academy For Career Development provides educational opportunities for disabled, disadvantaged, and displaced children, youth, and adults. (Continued on Schedule O.)To this end, The Academy creates optimized learning environments in which students progress from classroom based assisted learning, to self-directed learning, to a final demonstration of their ability to competently function in a contemporary workplace setting through work internships and apprenticeship programs. The ultimate goal of the students' total educational experience is to prepare for, obtain, and retain a job that pays a living wage.
What it reported doing in 2011
The Academy provides workforce training for displaced, disadvantaged, or disabled individuals who wish to enter or re-enter the workforce; as well as community educational programs for urban youth and adults. The Academy also works with post-incarcerated youth by providing them with psychosocial services, mentoring, vocational counseling, technical education services, and pre-workforce training.
Operating model
- Revenue model
- Earned-program. 100% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 100
- Accountability: 80
- Sustainability: 35
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 60th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 75%; rating input score 75; 15th percentile among comparable filings
- Governance controls: 7 of 8 controls in place; rating input score 88
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 5.6%; rating input score 61; 61st percentile among comparable filings
- Total-asset coverage ratio: 0.05; rating input score 2; 2nd percentile among comparable filings
- Liabilities to assets ratio: 1.89; rating input score 2; 2nd percentile among comparable filings
- Officer compensation ratio: 7.7%; rating input score 45; 45th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -12.6% per year; rating input score 0; 16th percentile among comparable filings
- Asset growth: 55.8% per year; rating input score 100; 95th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 3 of 4 board members independent · 7 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $452K in reported program spending
- Leadership: top reported pay $45K · 4 people listed
- Consistency: 24 of 24 current checks pass
- Schedules: 4 filed schedules
- Filing history: 2 filing years from 2010 to 2011
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 2/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- High — Sustainability: Liabilities to assets ratio scored 2/100.
- Moderate — Sustainability: Officer compensation ratio scored 45/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.