Illinois Workforce Partnership

Nonprofit profile at a glance

EIN
371404497
IRS 990-EZ coverage
2009–2024
Forms available
Form 990-EZ 2024
Location
Pekin, IL, USA
Phone
3093478492
Rating
36
Verdict
REVIEW
Rating confidence
Moderate
Sector
Economic Development

Official website

Reported finances

Revenue
$33,273
Expenses
$22,740
Assets
$122,573
Liabilities
$842

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

Leadership & pay

12 people listed

Executive titles in this filing

  • CAROLINE PORTLOCK (PAST PRESIDENT)
  • JUSTIN ARNOLD (PRESIDENT)
  • STEPHANIE ROBINSON (VICE PRESIDENT)

People named in this filing

  • LEEANN NORRIS (BOARD MEMBER)
  • BLANCHE SHOUP (BOARD MEMBER (THRU 06/25))
  • CARRIE FOLKEN (BOARD MEMBER)

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

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

Overview

Mission

The mission of Illinois workforce partnership is to: serve as the voice of the Illinois workforce development system and as a clearinghouse for workforce development information statewide; develop and provide professional training to local workforce development boards and program staff, while continuing proactive advocacy efforts on behalf of the workforcedevelopment system; share information among workforce development stakeholders, formulate policy positions that impact local workforce areas; provide suggestions and recommendations that form state guidelines and procedures by working with partners to ensure continuous staff development; and champion initiatives that will continue to honea skilled workforce to enhance our state's continued competitiveness and growth.

What it reported doing in 2024

Training and technology assistance - funds may be used for workforce investment opportunity act (wioa) l-b entities, local workforce investment boards and other entities to provide technical assistance to any local workforce investment areas in jeopardy of failing or actually failing performance standards, and to conduct statewide training/workshops.

Operating model

Revenue model
Membership-supported. 99% of the money available for current operations came from membership dues.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

REVIEW - The filed numbers largely add up and revenue comfortably covers expenses. 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: 82
  • Sustainability: 74
  • Growth: 0

Detailed rating inputs

Financial Efficiency

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

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 31.7%; rating input score 82; 82nd percentile among comparable filings
  • Total-asset coverage ratio: 5.39; rating input score 85; 85th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 30; 30th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -19.6% per year; rating input score 0; 18th percentile among comparable filings
  • Revenue growth: -8.1% per year; rating input score 0; 27th percentile among comparable filings
  • Asset growth: -3.6% per year; rating input score 0; 27th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 15 filing years from 2009 to 2024
  • 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.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 30/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.