HC Commitment Inc

Nonprofit profile at a glance

EIN
320344375
IRS 990 coverage
2016–2018
Forms available
Form 990 2018
Location
Dallas, TX, USA
Phone
2144313834
Rating
74
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Job Training

Reported finances

Revenue
$244,711
Expenses
$367,515
Assets
$0
Liabilities
$0

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

Leadership & pay

1 person listed

People named in this filing

  • Judd (Rogers)

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 2018. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Empowering veterans to define their next mission through education, mentorship, and community service. This is accomplished through the HCC Veteran Entrepeneur Training (VET) Program, the Advanced Career

What it reported doing in 2018

Veteran Entrepreneur Training (VET) Program Launched 2011, our flagship, four-phase Veteran Entrepreneur Training (VET) Program is designed to guide veteran entrepreneurs through every stage of the business lifecycle- from initial concept to measurable business growth. Coursework includes Starting a Business, part of the SMU Entrepreneurship Certification Program under the Caruth Institute for Entrepreneurship with the Cox School of Business. Other classes, such as Applied Entrepreneurship, help veterans bring small business ideas to fruition. Additional classes on business etiquette, sales techniques, networking, communications, mental health, social media and community service-as well as lectures from successful entrepreneurs -are included in the syllabus. The VET Program is divided into four phases and each module specifically addresses critical milestones of sustainable business growth: PHASE 1: RECON(concept); PHASE 2: PRE DEPLOYMENT (formation); PHASE 3: DEPLOYMENT (validation); PHASE 4: OCCUPATION (growth). Furthermore, the VET Program provides a healthy business ecosystem where veteran owned businesses forge partnerships and strategic alliances, thereby increasing the likelihood of profitability and long-term growth. Advanced Career Training (ACT) Program The goal of our Advanced Career Training (ACT) Program is to help veterans prepare for a new career search, regardless of whether they are transitioning back to the civilian workforce or is pursuing the next stage of their career. Participants are counseled on resume and cover letter best practices-and how to effectively use web-based and social media resources-to attract the attention of leading employers HCC leverages community relationships with human resources and hiring professionals for realworld feedback on how to refine and strengthen interview performance, as well as personal branding techniques. HCC plans several social events throughout the year for alumni-including ACT and VET Program particiapants-to expand their professional network and increase their marketability. Fellows Program The Fellows Program focuses on building camaraderie amongst veterans-many of whom have missed out on this opportunity since leaving active duty. Former HCC program participants return to the fold to form bonds and encourage a sense of community. From service to the community to therapeutic classes -painting, yoga, cooking, and equine events, as well as fishing and camping trips- members of the Fellows Program will have access to a myriad of opportunities to better foster a "I am valid and I belong" mindset.

Operating model

Revenue model
Donor-supported. 93% of the money available for current operations came from contributions and gifts.
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. The required major-donor schedule is missing or incomplete and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 83
  • Transparency & Controls: 82
  • Accountability: 76
  • Sustainability: 11
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 70.1%; rating input score 70
  • Fundraising efficiency: $8.42 raised per $1 spent on fundraising; rating input score 36; 36th percentile among comparable filings

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: No; rating input score 0
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 3 of 7 controls in place; rating input score 43
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -50.2%; rating input score 5; 5th 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: 0%; rating input score 71; 71st percentile among comparable filings

Growth

  • Program expense growth: -20.1% per year; rating input score 0; 7th percentile among comparable filings
  • Revenue growth: -28.6% per year; rating input score 0; 2nd percentile among comparable filings
  • Asset growth: -100% per year; rating input score 0; 0th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 70.1% of spending went to programs
  • Governance: 3 of 3 board members independent · 3 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $257K in reported program spending
  • Leadership: top reported pay $0 · 1 people listed
  • Consistency: 24 of 24 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 2 filing years from 2016 to 2018
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Transparency & Controls: Major donor itemization scored 0/100.
  • Moderate — Accountability: Governance controls: 3 of 6 not reported.
  • Moderate — Financial Efficiency: Fundraising efficiency scored 36/100.
  • High — Sustainability: Operating margin scored 5/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 1/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.