Clc Inc

Nonprofit profile at a glance

EIN
752866735
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Fort Worth, TX, USA
Phone
8175699008
Rating
80
Verdict
STRONG
Rating confidence
Moderate
Sector
Job Training

Official website

Reported finances

Revenue
$3,658,021
Expenses
$3,867,532
Assets
$2,233,258
Liabilities
$361,334

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

Leadership & pay

12 people listed

Executive titles in this filing

  • ANGELA TRAIFOROS (EXECUTIVE DIRECTOR/SECRETARY/TREASURER)

Highest reported compensation

  • ANGELA TRAIFOROS (EXECUTIVE DIRECTOR/SECRETARY/TREASURER): $198,415 total reported compensation
  • PAT LANE (CHAIRMAN): $75,750 total reported compensation

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

Overview

Mission

To facilitate realization of workforce development partnerships that engage local labor with the public and private sectors in enhancing an expanding training, employment career opportunities for tarrant, dallas and surrounding counties residents in union and non-union occupations.

What it reported doing in 2024

Clc provides training and employment services from federal, state, and local funds including: pgim - youthbuild - partnership with youthbuild international/pgim real estate to increase livelihood outcomes among youthbuild students who engage in partnership activities and increase positive placements in the job industry.solar pilot - youthbuild - partnership with youthbuild to support the participation in and facilitation of unirac's master installer program training, building of a solar lab and creation of a solar career pathway. Pearson vue testing - clc, inc. Is testing site for pearson vue. Gi bill - receive veterans' tuition for training. Private contract - training and employment - providing skills training through clc, inc., helping to skill, reskill and upskill tradespeople.private grants - technical training and employment services; providing skills training through clc, inc., serving fort worth and surrounding counties and prioritizing veterans and dependents.veterans training and employment project - providing skills training through clc, inc., serving fort worth and surrounding counties and prioritizing veterans and dependents.lifei - low-income families employment initiative - providing training and employment.self-payer training - individual training paid by student.ita training - individual training paid by varies organizations.

Operating model

Revenue model
Grant-funded. 72% of the money available for current operations came from government grants.
Distribution model
Direct operator. The filing allocates 83% 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. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 86
  • Transparency & Controls: 80
  • Accountability: 76
  • Sustainability: 26
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 98.8%; rating input score 99
  • Program expense ratio: 93.4%; rating input score 93
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 93.3%; rating input score 93; 17th 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: Pass
    • Compensation survey or study: Missing
    • 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: 83.3%; rating input score 83; 16th percentile among comparable filings
  • Governance controls: 6 of 9 controls in place; rating input score 67
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -5.7%; rating input score 19; 19th percentile among comparable filings
  • Total-asset coverage ratio: 0.58; rating input score 21; 21st percentile among comparable filings
  • Liabilities to assets ratio: 0.16; rating input score 49; 49th percentile among comparable filings
  • Officer compensation ratio: 7.1%; rating input score 41; 41st percentile among comparable filings

Growth

  • Program expense growth: 5.5% per year; rating input score 100; 42nd percentile among comparable filings
  • Revenue growth: 3.4% per year; rating input score 100; 30th percentile among comparable filings
  • Asset growth: 3% per year; rating input score 100; 24th percentile among comparable filings

Details

  • Where the money goes: 98.8% of revenue deployed · 93.4% of spending went to programs
  • Governance: 10 of 12 board members independent · 6 of 9 filing controls reported
  • Programs: 8 filed program accomplishments · $3.6M in reported program spending
  • Leadership: top reported pay $198K · 12 people listed · 2 of 6 pay-setting controls reported
  • Consistency: 33 of 34 current checks pass · 1 finding to review
  • Schedules: 9 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 5 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 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: Governance controls: 3 of 9 not reported.
  • High — Sustainability: Operating margin scored 19/100.
  • High — Sustainability: Total-asset coverage ratio scored 21/100.
  • Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.
  • Moderate — Sustainability: Officer compensation ratio scored 41/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 49/100.