Lake of the Ozarks Employment Services Inc

Nonprofit profile at a glance

EIN
431583736
IRS 990 coverage
2009–2010
Forms available
Form 990 2010
Location
Camdenton, MO, USA
Phone
5733461766
Rating confidence
Limited
Sector
Job Training

Reported finances

Revenue
$2,233,369
Expenses
$2,212,146
Assets
$113,256
Liabilities
$92,033

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

Leadership & pay

7 people listed

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

Overview

Mission

To provide employment and training services to economically disadvantaged persons residing in the 5 county lake of the ozarks regions.

What it reported doing in 2010

The wia (workforce investment act) subtitle b adult program seeks to improve employment, retention, and earnings of wia participants and increase their educational and occupational skill attainment, thereby improving the quality of the workforce, reducing welfare dependancy, and enhancing national productivity and competitiveness.this is accomplished through the delivery of the following activities: core services: eligibility determination; outreach, intake and orientation to available information and services; initial assessment of skill levels, aptitudes, abilities and supportive services needs; career counseling; job search and placement assistance; provision of employment statistics and job information; provision of performance information on eligible providers of training services, youth activities, and adult education; provision of information on local area performance; provision of information on availability of supportive services; provision of information regarding filing unemployment insurance (ui) claims; assistance in establishing eligibility for welfare to work activities and programs of financial assistance for training and education programs; follow-up services including counseling for individual placed into unsubsidized employment for at least 12 months following placement.intensive services: specialized assessments including diagnostic testing, in-depth interviewing, and evaluation; development of employment plan; group counseling; individual counseling and career planning; case management; pre-vocational services, including workplace behavior skills training.training services: occupational training; on-the-job-training (ojt); skill upgrading; entrepreneurial training; job readiness training; adult literacy; customized training.other services: customized screening and referral; supportive services, including needs related payments.

Operating model

Revenue model
Grant-funded. 97% 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.

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: 91
  • Accountability: 86
  • Sustainability: 29
  • Growth: 0

Detailed rating inputs

Financial Efficiency

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

Transparency & Controls

  • Consistency checks: 90.9%; rating input score 91; 5th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
  • Governance controls: 6 of 9 controls in place; rating input score 67
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 1%; rating input score 43; 43rd percentile among comparable filings
  • Total-asset coverage ratio: 0.05; rating input score 2; 2nd percentile among comparable filings
  • Liabilities to assets ratio: 0.81; rating input score 16; 16th percentile among comparable filings
  • Officer compensation ratio: 4%; rating input score 54; 54th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -19.5% per year; rating input score 0; 8th percentile among comparable filings
  • Asset growth: -113.6% per year; rating input score 0; 1st percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 5 of 5 board members independent · 6 of 9 filing controls reported
  • Programs: 4 filed program accomplishments · $2.1M in reported program spending
  • Leadership: top reported pay $49K · 7 people listed
  • Consistency: 20 of 21 current checks pass · 1 finding to review
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2009 to 2010
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.

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 — Growth: Revenue growth scored 0/100.
  • Review — Accountability: Governance controls: 3 of 9 not reported.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 2/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • Moderate — Sustainability: Operating margin scored 43/100.
  • High — Sustainability: Liabilities to assets ratio scored 16/100.
  • Review — Sustainability: Officer compensation ratio scored 54/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.