CARDBoard Project

Nonprofit profile at a glance

EIN
814431217
IRS 990 coverage
2023–2024
Forms available
Form 990 2024, Form 990-EZ 2022, Form 990-N 2019
Location
Plano, TX, USA
Phone
2145006504
Rating
80
Verdict
STRONG
Rating confidence
Moderate
Sector
Employment Procurement Assistance

Reported finances

Revenue
$619,698
Expenses
$1,068,419
Assets
$561,946
Liabilities
$26,017

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

5 people listed

Highest reported compensation

  • Rod Delwo-Thru 72025 (COO): $83,878 total reported compensation
  • Armando Cantu (Executive Dir.): $18,600 total reported compensation
  • Trent Foster-Thru 72025 (CFO): $17,800 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

CARDBoard Project bridges the digital divide by providing digitally disconnected individuals devices, broadband access, and digitals skills training. We couple this with referral partners to address their other - Continued on Schedule O.

What it reported doing in 2024

Digital Skills Training: Our Program is designed for clients who have zero or closeto zero computing skills. We offer the program in English and Spanish versions, depending on the audience. Over the course of 12 hours (over 6 weeks) we introduce them to the basics of a computer, keyboarding and mousing, navigating the system and the internet through a browser, basic office suite usage (docs, spreadsheets, email, calendar, cloud drive). Then we help them to use their new skills to job search on Indeed and to create and tailor their resume. We also partner with banks to provide financial readiness training. At graduation, we bring employer partners to discuss job opportunities. Graduates of our program earn their laptop (with a backpack of accessories, such as earbuds, usb stick, mouse) and a 12-month data plan, empowering them to continue their skill development, Continued on Schedule O.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 92% 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.
  • 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. A relatively small share of voting board members are independent and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 87
  • Transparency & Controls: 94
  • Accountability: 55
  • Sustainability: 18
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 73.4%; rating input score 73
  • Fundraising efficiency: $27.8 raised per $1 spent on fundraising; rating input score 67; 67th percentile among comparable filings

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: 100%; rating input score 100; 76th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 50%; rating input score 50; 11th percentile among comparable filings
  • Governance controls: 5 of 8 controls in place; rating input score 62
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -72.4%; rating input score 2; 2nd percentile among comparable filings
  • Total-asset coverage ratio: 0.53; rating input score 24; 24th percentile among comparable filings
  • Liabilities to assets ratio: 0.05; rating input score 53; 53rd percentile among comparable filings
  • Officer compensation ratio: 11.3%; rating input score 33; 33rd percentile among comparable filings

Growth

  • Program expense growth: 59.5% per year; rating input score 100; 97th percentile among comparable filings
  • Revenue growth: 44.2% per year; rating input score 100; 96th percentile among comparable filings
  • Asset growth: 46.9% per year; rating input score 100; 96th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 73.4% of spending went to programs
  • Governance: 2 of 4 board members independent · 5 of 8 filing controls reported
  • Programs: 3 filed program accomplishments · $784K in reported program spending
  • Leadership: top reported pay $84K · 5 people listed
  • Consistency: 29 of 29 current checks pass
  • Schedules: 4 filed schedules · includes major donors and grants
  • Filing history: 2 filing years from 2023 to 2024
  • Contacts: How to reach this organization
  • Money network: 5 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • 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.

  • Review — Accountability: Independent voting board scored 50/100.
  • Review — Accountability: Governance controls: 2 of 7 not reported.
  • High — Sustainability: Operating margin scored 2/100.
  • High — Sustainability: Total-asset coverage ratio scored 24/100.
  • Moderate — Sustainability: Officer compensation ratio scored 33/100.
  • Review — Sustainability: Liabilities to assets ratio scored 53/100.