Afro American Development Association

What it reported doing in 2020

Employment trainingthe most pressing concern for most new americans is to secure and retain employment. Aada's job training services include the following:1. Career assessment and case management supportwe start with a thorough career assessment that helps us understand each participant's unique skills, talents, and competencies as well as their training gaps that create barriers to securing employment. Based on this assessment, our employment specialist guides participants to establish short and medium-term goals that align with their vision for their future. The result of these meetings is a career plan that serves as a roadmap for participants and the employment specialist to document progress and strategize to overcome setbacks.2. Skills development, job search support, and resume buildingour program manager and employment specialist work in unison to coordinate practical skills training that teaches new americans the basics of how to search for employment, develop a resume, apply for jobs online, use key terms, adapt cover letters, and other soft skills. We help them navigate available job opportunities and apply for employment. When they are invited to interview, our employment specialist uses mock interviewing strategies and coaches new americans on how to respond to challenging questions.3. Job placementour employment specialist stays in contact with each participant until they have successfully secured employment. New americans often need continued coaching and training to retain their positions and navigate work culture. Aada offers ongoing follow-up support to help participants continue to develop necessary job skills. Our employment specialist is available to help participants navigate common on-the-job challenges, such as workplace conflict, time management, and how to work in a multicultural team.4. Responding to training needscovid-19 has impacted the job market in unprecedented ways, and new americans need technical training to compete in this new climate. Aada engages workforce development consultants to help new americans compete for in-demand jobs by developing news job-related skills delivered in a culturally and linguistically attuned environment to deepen learning.

Financial Efficiency

• Mission deployment rate: 85.9%; rating input score 86
• Program expense ratio: 76.9%; rating input score 77
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
• Pay-setting controls: Limited
• Foreign activity oversight: Limited
• Grant itemization coverage: Limited
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
• Governance controls: 2 of 8 controls in place; rating input score 25
  • Conflict-of-interest policy: Fail
  • Whistleblower policy: Fail
  • Document-retention policy: Fail
  • CEO compensation review process: Fail
  • Other executive compensation review process: NotApplicable
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Missing
  • Independent financial-statement audit: Fail

Sustainability

• Operating margin: -11.6%; rating input score 12; 12th percentile among comparable filings
• Total-asset coverage ratio: 0.07; rating input score 3; 3rd percentile among comparable filings
• Liabilities to assets ratio: 0.57; rating input score 15; 15th percentile among comparable filings
• Officer compensation ratio: 10.4%; rating input score 38; 38th percentile among comparable filings

Growth

• Program expense growth: 45.1% per year; rating input score 100; 95th percentile among comparable filings
• Revenue growth: 40.6% per year; rating input score 100; 95th percentile among comparable filings
• Asset growth: 25.5% per year; rating input score 100; 87th percentile among comparable filings