Houstonworks USA

Nonprofit profile at a glance

EIN
760138443
IRS 990 coverage
2009–2010
Forms available
Form 990 2010
Location
Houston, TX, USA
Phone
7136541919
Rating confidence
Limited
Sector
Job Training

Official website

Reported finances

Revenue
$22,128,775
Expenses
$23,685,030
Assets
$3,996,957
Liabilities
$2,661,914

Source: IRS Form 990. Selected filing: tax year 2010. Amounts in USD.

Leadership & pay

43 people listed

Source: IRS Form 990. Selected filing: tax year 2010. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Houstonworks' mission is to meet the demands of greater houston are employers, provide residents with strong employment opportunities and support regional efforts to recruit employers with the need for skilled, high-wage employees while strengthening and improving local communities

What it reported doing in 2010

A variety of programs including: working directly with companies to provide customized recruiting and pre screening of applicants, houstonworks USA strongly benefits the houston business community. Disaster assistance program providing long-term, post disaster case management services to families that reside in harris county and are still experiencing the effects of hurricane ike. Stem institute providing middle school and high school students an opportunity to advance their knowledge of science, technology, engineering and mathematics during a four week stem acceleration experience. Youthbuild program provides houston's youth a program that will assist them with academic instruction, vocational skills, occupational skills, and community service and leadership development. Youth empowerment & success (yes) program work with youth in the harris county juvenile probation system and their families to reduce crime and increase their ability to successfully function within the home, workplace and community. Child care assistance for low-income families to make systemic investments in quality child care to promote child development and learning; and creating a system that is child focused, family friendly, and fair to providers.

Operating model

Revenue model
Grant-funded. 93% of the money available for current operations came from government grants.
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.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 68
  • Accountability: 100
  • Sustainability: 15
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 91.7%; rating input score 92; 7th percentile among comparable filings
  • Pay-setting controls: 4 of 6 controls in place; rating input score 67
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Pass
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Scored; rating input score 0
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 70th 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%; rating input score 9; 9th percentile among comparable filings
  • Total-asset coverage ratio: 0.17; rating input score 4; 4th percentile among comparable filings
  • Liabilities to assets ratio: 0.67; rating input score 25; 25th percentile among comparable filings
  • Officer compensation ratio: 2.6%; rating input score 59; 59th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -6.5% per year; rating input score 0; 13th percentile among comparable filings
  • Asset growth: -27.2% per year; rating input score 0; 3rd percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 40 of 40 board members independent · 9 of 9 filing controls reported
  • Programs: 4 filed program accomplishments
  • Leadership: top reported pay $221K · 43 people listed · 4 of 6 pay-setting controls reported
  • Highest-paid contractors: 2 contractors listed
  • Consistency: 27 of 28 current checks pass · 1 finding to review
  • Schedules: 6 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 2 filing years from 2009 to 2010
  • 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: Grant itemization coverage scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 9/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 4/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • High — Sustainability: Liabilities to assets ratio scored 25/100.
  • Review — Sustainability: Officer compensation ratio scored 59/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.