Cleveland-cuyahoga County Workforce Development Board

Nonprofit profile at a glance

EIN
992576276
IRS 990 coverage
2024–2024
Forms available
Form 990 2024
Location
Cleveland, OH, USA
Phone
2167778200
Rating
86
Verdict
STRONG
Rating confidence
Moderate
Sector
Job Training

Reported finances

Revenue
$19,632,054
Expenses
$18,082,679
Assets
$9,859,336
Liabilities
$7,808,020

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

Leadership & pay

22 people listed

Executive titles in this filing

  • MICHELLE ROSE (CHIEF EXECUTIVE OFFICER)

Highest reported compensation

  • LAURA CHALKER (CHIEF OPERATING OFFICER): $81,183 total reported compensation
  • MICHELLE ROSE (CHIEF EXECUTIVE OFFICER): $74,494 total reported compensation

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

Overview

Mission

Greater cleveland works (cleveland-cuyahoga county workforce development board) delivers impactful services for people and employers and drives the workforce ecosystem in cleveland and cuyahoga county.

What it reported doing in 2024

Job seekers - we work to get people seeking work to find their first job, their next job, their best job.connect employers to talent - we work with employers to find, train and retain talent with a focus on services that support the growth of good jobs and the broader economy.strengthen the workforce system - through funding, shared learning and initiative development, we work to bring greater cohesion, relevance and effectiveness to the workforce system.

Operating model

Revenue model
Grant-funded. 78% of the money available for current operations came from government grants.
Distribution model
Grant intermediary. The nonprofit sent 87% of its reported program spending out as grants.

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 liabilities are high compared with assets.

Rating breakdown

  • Financial Efficiency: 90
  • Transparency & Controls: 94
  • Accountability: 100
  • Sustainability: 46
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 86.5%; rating input score 86
  • Program expense ratio: 93.9%; rating input score 94
  • Fundraising efficiency: $658.58 raised per $1 spent on fundraising; rating input score 95; 95th percentile among comparable filings

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: 99.7%; rating input score 100; 36th 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: 7.9%; rating input score 62; 62nd percentile among comparable filings
  • Total-asset coverage ratio: 0.55; rating input score 18; 18th percentile among comparable filings
  • Liabilities to assets ratio: 0.79; rating input score 14; 14th percentile among comparable filings
  • Officer compensation ratio: 0.9%; rating input score 87; 87th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 86.5% of revenue deployed · 93.9% of spending went to programs
  • Governance: 20 of 20 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $17M in reported program spending
  • Leadership: top reported pay $81K · 22 people listed
  • Consistency: 29 of 29 current checks pass
  • Schedules: 5 filed schedules · includes major donors and grants
  • Filing history: 1 filing year from 2024
  • Contacts: How to reach this organization
  • Money network: 43 filed money-flow records
  • Related organizations: 41 filed related-organization links
  • 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 — Sustainability: Total-asset coverage ratio scored 18/100.
  • High — Sustainability: Liabilities to assets ratio scored 14/100.