Coalition for Employment Through Exports Inc

Nonprofit profile at a glance

EIN
521274832
IRS 990 coverage
2010–2018
Forms available
Form 990 2018
Location
Washington, DC, USA
Phone
2028870278
Rating
42
Verdict
MIXED
Rating confidence
Moderate
Sector
Alliance/Advocacy Organizations

Official website

Reported finances

Revenue
$132,256
Expenses
$167,193
Assets
$0
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2018. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • JOHN HARDY (PRESIDENT)

Highest reported compensation

  • JOHN HARDY (PRESIDENT): $134,163 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2018. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To promote american manufacturing jobs and the export of u.s. Goods and services by supporting the mandates, policies and programs of federal government trade and export promotion agencies, including the export- import bank of the united states, the overseas private investment corporation (opic), the u.s. Trade and development agency and the international trade administration within the department of commerce. Our objective is for these agencies to provide a level of support that enables all u.s. Exporters to compete on a level playing field with their international competitors, so as to maximize u.s. Job creation in the export sector of the economy. Also, promoted world bank procurement reform for goods and services related to their development projects.

What it reported doing in 2018

For the last 2 years, engaged full time in the broad gauged effort to reopen the export-import bank and make it fully functioning so that it is able to provide funding and guarantees to support export transactions; have worked with the new administration for them to support the mandates of the bank, tda and opic within the export promotion space. Have led educational efforts within the u.s. Trade agencies to assist them in understanding the competitive climate for u.s. Exporters and promoted policies within u.s. Treasury that promote u.s. Exporter competitiveness: have also promoted changes to government policies which serve to undercut u.s. Exporter competitiveness. Also, represent u.s. Exporting community each year before the oecd working group on export credits regarding common approaches of export credit agencies around the world.

Operating model

Revenue model
Earned-program. 100% of the money available for current operations came from fees and other program revenue.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

MIXED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 90
  • Accountability: 74
  • Sustainability: 8
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0
  • Fundraising efficiency: Limited

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: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 3 of 8 controls in place; rating input score 38
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • 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: Fail

Sustainability

  • Operating margin: -26.4%; rating input score 10; 10th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 17.1%; rating input score 23; 23rd percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -11.5% per year; rating input score 0; 8th percentile among comparable filings
  • Asset growth: -25% per year; rating input score 0; 3rd percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: 8 of 8 board members independent · 3 of 8 filing controls reported
  • Programs: 1 filed program accomplishment
  • Leadership: top reported pay $134K · 8 people listed
  • Consistency: 7 of 8 current checks pass · 1 finding to review
  • Schedules: 3 filed schedules
  • Filing history: 8 filing years from 2010 to 2018
  • Contacts: How to reach this organization
  • 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: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • Moderate — Accountability: Governance controls: 4 of 7 not reported.
  • Moderate — Transparency & Controls: Functional expense sum did not reconcile in the filed values.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 10/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 1/100.
  • High — Sustainability: Officer compensation ratio scored 23/100.