Bucks County Workforce Development Board Inc

Nonprofit profile at a glance

EIN
208349509
IRS 990 coverage
2009–2020
Forms available
Form 990 2020
Location
Doylestown, PA, USA
Phone
2158379110
Rating confidence
Limited
Sector
Employment Procurement Assistance

Reported finances

Revenue
$0
Expenses
$516,573
Assets
$0
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2020. Amounts in USD.

Leadership & pay

22 people listed

People named in this filing

  • DENNIS JONES (CHAIRPERSON)
  • JORDAN P PETE KRAUSS (VICE CHAIR)
  • KYLE CLOMAN (BOARD MEMBER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2020. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The mission of the bucks county workforce development is to promote, drive, and ensure an effective workforce in bucks county aligned with economic development.

What it reported doing in 2020

Other progam services consist of the careerlink resource center progams such as resume assistance, adult literacy training and job search assitance. Additional services are provided by rapid response dollars, programs to engage teachers in the needs of businesses thereby enhancing students' classroom instruction, training to increase awareness of in-demand technical careers for students and school faculty, and industry partnerships to connect employers to the local workforce.

Operating model

Revenue model
No positive adjusted resources. The filing reports no positive adjusted operating resources.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

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: 18
  • Transparency & Controls: 90
  • Accountability: 30
  • Sustainability: 8
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: 24.1%; rating input score 24
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd 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: Limited
  • Governance controls: 5 of 7 controls in place; rating input score 71
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 61; 61st percentile among comparable filings

Growth

  • Program expense growth: -7.2% per year; rating input score 0; 45th percentile among comparable filings
  • Revenue growth: -1.7% per year; rating input score 0; 61st percentile among comparable filings
  • Asset growth: 2.7% per year; rating input score 100; 56th percentile among comparable filings

Details

  • Where the money goes: 24.1% of spending went to programs
  • Governance: 5 of 7 filing controls reported
  • Programs: 4 filed program accomplishments · $125K in reported program spending
  • Leadership: top reported pay $0 · 22 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 12 filing years from 2009 to 2020
  • Contacts: How to reach this organization
  • Related organizations: Filed and resolved organization relationships.
  • 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.

  • High — Financial Efficiency: Program expense ratio scored 24/100.
  • High — Sustainability: Total-asset coverage ratio scored 2/100.
  • Review — Accountability: Governance controls: Form 990 shared with the board not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.