Corporate Internship Leadership Institute

Nonprofit profile at a glance

EIN
842556965
IRS 990 coverage
2023–2024
Forms available
Form 990 2024, Form 990-EZ 2022, Form 990-N 2020
Location
New Orleans, LA, USA
Phone
5042343483
Rating
67
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Nonmonetary Support N.E.C.

Official website

Reported finances

Revenue
$192,211
Expenses
$325,932
Assets
$34,818
Liabilities
$115,229

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

Leadership & pay

8 people listed

Executive titles in this filing

  • Perry Sholes (President)

People named in this filing

  • Perry Sholes (President)
  • Rachel Massey (Chair)
  • Juaquana Lewis (Vice Chair)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

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

Overview

Mission

CILI mission is to provide Talent Career Training & Leadership Development to college students in the New Orleans area & Louisiana Region. Our primary student training goals focus on 3-Primary Tiers of development: FELLOWSHIP PROGRAM CAREER BRIDGE LEADERSHIP RETREAT & HIRE LEARNING PROGRAM which engages in talent development initiatives targeting leading companies that result in changing and enriching lives of college graduates of color encouraging students to stay and remain in the N.O. Region. The Leadership program delivers skill building and competency development thru paid internships that provide quality training and experiences rooted in the future success of college students in N.O. and across the Region of Louisiana. Each year CILI welcomes a cohort of nearly 40 fellows for a year of personal and professional development. Our goal is to ease the transition from academic to adult life by arming students with the skills and experience needed to succeed in the workplace.

What it reported doing in 2024

FELLOWSHIP IMMERSION PROGRAM - The CILI Fellowship: The flagship multi-year program is highly competitive with a historical acceptance rate of approximately 43% to 45%. It offers a high-touch experience including 40+ hours of leadership immersion professional skill development such as financial literacy and Microsoft 365 training and 1-on-1 coaching. Immersion Fellowship engages in talent development initiatives targeting leading companies that result in changing and enriching lives of college graduates of color encouraging students to stay and remain in the N.O. Region. The Leadership program delivers skill building and competency development thru paid internships that provide quality training and experiences rooted in the future success of college students in N.O. and across the Region of Louisiana. Over its first five years CILI has demonstrated consistent growth and a commitment to diversity and excellence: Cohort Reach: CILI has processed 430 applicants and accepted 205 Fellows across five cohorts. Academic Excellence: Fellows maintained a strong average GPA of 3.20 over the five-year period. Diversity and Inclusion: The program has a strong focus on underserved populations with 68% female participants and 29% from HBCUs. In the most recent cohorts 43% of Fellows were first-generation college students and 29% were Pell Grant recipients. Alumni Network: The organization now boasts 105 official alumni who matriculate into the CILI4Life network where they are encouraged to pay it forward by mentoring future cohorts. Economic Contribution: Since 2021 210 Fellows have completed internships logging 31,500 professional hours and earning a total of $472,500 in wages within Louisiana companies. Regional Focus: Through the Mayors Summer Youth Program in Metro New Orleans 93 Fellows earned $209,250 while gaining 13,950 hours of career development. Each year CILI welcomes a new cohort of nearly 40 fellows for a year of personal and professional development. Our goal is to ease the transition from academic to adult life by arming students with the skills and experience needed to succeed in the workplace.

Operating model

Revenue model
Other-operating. 75% of the money available for current operations came from other operating revenue.
Distribution model
Direct operator. The filing allocates 100% 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.

The verdict

SUPPORTED - 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 fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 83
  • Transparency & Controls: 86
  • Accountability: 24
  • Sustainability: 12
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 77.3%; rating input score 77
  • Fundraising efficiency: $4.16 raised per $1 spent on fundraising; rating input score 18; 18th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 92.3%; rating input score 92; 22nd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 0%; rating input score 0; 7th percentile among comparable filings
  • Governance controls: 4 of 7 controls in place; rating input score 57
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -69.6%; rating input score 3; 3rd percentile among comparable filings
  • Total-asset coverage ratio: 0.11; rating input score 7; 7th percentile among comparable filings
  • Liabilities to assets ratio: 3.31; rating input score 1; 1st percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings

Growth

  • Program expense growth: -14.8% per year; rating input score 0; 8th percentile among comparable filings
  • Revenue growth: 1.4% per year; rating input score 100; 31st percentile among comparable filings
  • Asset growth: 29.1% per year; rating input score 100; 91st percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 77.3% of spending went to programs
  • Governance: 0 of 7 board members independent · 4 of 7 filing controls reported
  • Programs: 4 filed program accomplishments · $252K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 40 of 41 current checks pass · 1 finding to review
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 2 filing years from 2023 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: Filed and resolved organization relationships.
  • 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 — Accountability: Independent voting board scored 0/100.
  • High — Financial Efficiency: Fundraising efficiency scored 18/100.
  • Review — Accountability: Governance controls: 3 of 7 not reported.
  • High — Sustainability: Operating margin scored 3/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 7/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • High — Sustainability: Liabilities to assets ratio scored 1/100.