Caritas of Austin

What it reported doing in 2024

Refugee services for documented refugees begins with their arrival in austin and includes employment assistance and connection to other community resources. The goal of these services is to help refugees transition to life in the united states and achieve self-sufficiency within their first six months of arrival. Refugees served are approved for resettlement by the united states government.employment services program provides clients opportunities to find and keep jobs in order to support themselves and their families. Clients receive assistance with short-term job placement as well as long-term career development. Services include: pre-employment preparation such as job readiness training, vocational certification, esl classes, and assistance with professional recertification; referral and placement; work authorization; logistical support; new hire paperwork assistance; and post-hire support.food services consist of the caritas community kitchen and food pantry. Each weekday the caritas community kitchen serves a hot, nutritious lunch to over 300 people, no questions asked. The food pantry provides groceries and hygiene items to individuals and families already receiving services from caritas of austin.education classes provide clients with opportunities to enrich their lives and support their path to self-sufficiency. The program takes a holistic approach by teaching the participants the tools they will need to achieve their personal and financial goals. Caritas' education classes focus on three areas: life skills, money management, and workforce development.other program support includes classes for highly trained volunteers that mentor persons experiencing poverty and newly-arrived documented refugees as these persons move from crisis-driven lives to stable, self-sufficient lives. It also includes program eligibility screening, scheduling appointments with program staff, and referring individuals to community resources.

Financial Efficiency

• Mission deployment rate: 90.8%; rating input score 91
• Program expense ratio: 85.7%; rating input score 86
• Fundraising efficiency: $10.69 raised per $1 spent on fundraising; rating input score 40; 40th percentile among comparable filings

Transparency & Controls

• Consistency checks: 94.1%; rating input score 94; 20th percentile among comparable filings
• Pay-setting controls: 2 of 6 controls in place; rating input score 33
  • Compensation committee: Missing
  • Independent consultant: Missing
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Pass
  • Board or committee approval: Pass
• Foreign activity oversight: Limited
• Grant itemization coverage: 96.1%; rating input score 96; 26th 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: 9 of 9 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: Pass
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: -5.9%; rating input score 15; 15th percentile among comparable filings
• Total-asset coverage ratio: 0.62; rating input score 21; 21st percentile among comparable filings
• Liabilities to assets ratio: 0.65; rating input score 20; 20th percentile among comparable filings
• Officer compensation ratio: 4.3%; rating input score 57; 57th percentile among comparable filings

Growth

• Program expense growth: 5.3% per year; rating input score 100; 44th percentile among comparable filings
• Revenue growth: 5.6% per year; rating input score 100; 49th percentile among comparable filings
• Asset growth: 11.5% per year; rating input score 100; 71st percentile among comparable filings