Apprenticeship and Nontraditional Employment for Women
Nonprofit profile at a glance
- EIN
- 911122763
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Tukwila, WA, USA
- Phone
- 2063811384
- Rating
- 88
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $14,604,771
- Expenses
- $14,103,576
- Assets
- $3,922,310
- Liabilities
- $1,532,671
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
15 people listed
Executive titles in this filing
- KAREN DOVE (EXECUTIVE DIRECTOR)
Highest reported compensation
- KAREN DOVE (EXECUTIVE DIRECTOR): $262,054 total reported compensation
- CHRISTOPHER CRUZ (INSTRUCTOR): $143,215 total reported compensation
- KERRY BROTHER (INSTRUCTOR): $140,513 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Building people, building communities. Anew improves people's lives by providing career exploration, quality training, employment navigation and supportive services leading to successful family wage careers. Anew also assists employers with programs to encourage respectful work environments.
What it reported doing in 2024
Career advancement - after training, anew doesn't just send participants off. The apprenticeship readiness and retention center (arrc) provides navigation support, financial assistance, and barrier-removal for anew pre-apprenticeship graduates and wa state registered apprentices. Anew also provides rise up, a respectful workplace campaign designed to create a more inclusive environment and support diverse retention, ensuring that once people enter their career, they stay and thrive.
Operating model
- Revenue model
- Grant-funded. 92% of the money available for current operations came from government grants.
- Distribution model
- Grant intermediary. The nonprofit sent 67% of its reported program spending out as grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 87
- Transparency & Controls: 87
- Accountability: 100
- Sustainability: 34
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 86.4%; rating input score 86
- Program expense ratio: 89.5%; rating input score 89
- Fundraising efficiency: $84.51 raised per $1 spent on fundraising; rating input score 83; 83rd percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 4 of 6 controls in place; rating input score 67
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Pass
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
- Governance controls: 8 of 8 controls in place; rating input score 100
- 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: Pass
Sustainability
- Operating margin: 3.4%; rating input score 48; 48th percentile among comparable filings
- Total-asset coverage ratio: 0.28; rating input score 7; 7th percentile among comparable filings
- Liabilities to assets ratio: 0.39; rating input score 37; 37th percentile among comparable filings
- Officer compensation ratio: 5.6%; rating input score 46; 46th percentile among comparable filings
Growth
- Program expense growth: 24.8% per year; rating input score 100; 93rd percentile among comparable filings
- Revenue growth: 22.3% per year; rating input score 100; 93rd percentile among comparable filings
- Asset growth: 19.7% per year; rating input score 100; 89th percentile among comparable filings
Details
- Where the money goes: 86.4% of revenue deployed · 89.5% of spending went to programs
- Governance: 9 of 9 board members independent · 8 of 8 filing controls reported
- Programs: 4 filed program accomplishments · $12.6M in reported program spending
- Leadership: top reported pay $262K · 15 people listed · 4 of 6 pay-setting controls reported
- Consistency: 33 of 33 current checks pass
- Schedules: 6 filed schedules · includes major donors, grants, and executive pay
- Filing history: 11 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 5 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
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 — Sustainability: Total-asset coverage ratio scored 7/100.
- Moderate — Sustainability: Operating margin scored 48/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 37/100.
- Moderate — Sustainability: Officer compensation ratio scored 46/100.
- High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.