Iowa Jobs for America's Graduates Inc

What it reported doing in 2024

Iowa jobs for america's graduates (ijag) is a public-private partnership that energizes local economies and contributes to thriving communities. We are the bridge between public education and the world-of-work, offering programming that complements middle and high school academics by preparing students to look past graduation, toward a career that offers fulfilling work and financial self-sufficiency. As part of our ambitious growth plan, we have expanded our programs into college, after-school, and alternative education settings to ensure we are serving students where they are. This strategic expansion has resulted in a considerable year-over-year increase in expenses.ijag offers a classroom experience designed to empower students in overcoming personal barriers and developing essential life skills. Each individual program is housed within partnering schools across the state and is delivered by a dedicated full-time ijag career & education specialist during the regular school day, for academic credit. Middle and high school students dedicate themselves to mastering core competencies and networking with business and community leaders to build an understanding of expectations and opportunities in the workplace. Ijag students actively participate in communities through impactful service projects, collaborate with civic leaders while advocating for their programs, and engage with employers as they explore and prepare for their future careers. Students develop leadership skills and design a plan for continual growth and improvement.as students learn these skills, data shows attendance and achievement increases, graduation rates climb, and they successfully transition to independence in careers, military service or post-secondary education. Ijag stays connected to students for 12 months after they graduate from high school.ijag achieves collective change by establishing community, building workforce and life skills, and delivering real-world experiences that lead to students belonging, growth, and readiness.ijag depends on financial investments from private businesses, agencies, and state government to sustain efforts and expand programs.

Financial Efficiency

• Mission deployment rate: 91.4%; rating input score 91
• Program expense ratio: 89.4%; rating input score 89
• Fundraising efficiency: $5.78 raised per $1 spent on fundraising; rating input score 23; 23rd percentile among comparable filings

Transparency & Controls

• Consistency checks: 93.8%; rating input score 94; 17th percentile among comparable filings
• Pay-setting controls: 2 of 6 controls in place; rating input score 33
  • Compensation committee: Missing
  • Independent consultant: Missing
  • Other Form 990s reviewed: Missing
  • Written employment contract: Pass
  • Compensation survey or study: Missing
  • Board or committee approval: Pass
• Foreign activity oversight: Limited
• Grant itemization coverage: Limited
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 93.5%; rating input score 94; 26th percentile among comparable filings
• Governance controls: 8 of 9 controls in place; rating input score 89
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Fail
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: -1.9%; rating input score 24; 24th percentile among comparable filings
• Total-asset coverage ratio: 0.58; rating input score 19; 19th percentile among comparable filings
• Liabilities to assets ratio: 0.1; rating input score 74; 74th percentile among comparable filings
• Officer compensation ratio: 5.7%; rating input score 45; 45th percentile among comparable filings

Growth

• Program expense growth: 20.3% per year; rating input score 100; 90th percentile among comparable filings
• Revenue growth: 18.6% per year; rating input score 100; 91st percentile among comparable filings
• Asset growth: 21.3% per year; rating input score 100; 91st percentile among comparable filings