New Ways to Work Inc

Nonprofit profile at a glance

EIN
942463980
IRS 990 coverage
2011–2024
Forms available
Form 990 2024, Form 990-EZ 2013
Location
Montebello, CA, USA
Phone
7078244000
Rating
78
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$3,446,489
Expenses
$2,686,169
Assets
$2,019,157
Liabilities
$756,942

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

Leadership & pay

12 people listed

Executive titles in this filing

  • BRET HALVERSON PHD (VICE PRESIDENT)
  • ROBERT SAINZ (EXECUTIVE DIRECTOR/PRESIDENT)

Highest reported compensation

  • ROBERT SAINZ (EXECUTIVE DIRECTOR/PRESIDENT): $194,178 total reported compensation

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

Overview

Mission

New ways to work's mission is to help ensure that our nation's young people have every opportunity to succeed. New ways helps create powerful partnerships between schools, community organizations, the private sector, government and community partners to ensure that young people have better access to quality educational and career opportunities. New ways also seeks to improve the quality of the academic, career, support and personal development experiences provided for young people through schools, training programs, community activities or in the workplace. New ways also supports work-time alternatives that allow youth and working adults to balance work with the rest of their lives.

What it reported doing in 2024

Activities related to providing technical assistance, consulting, and capacity-building services.technical assistance and capacity building - programs and systems are only as effective as the people that do the work. New ways helps communities, workforce organizations, youth councils/committees, schools, youth programs, colleges, employers and their partners build comprehensive local youth-serving systems, develop new programs and partnerships, and improve practice in the organizations and systems that serve young people.new ways provides technical assistance, consulting and capacity- building services to address identified needs and priorities. We work closely with a design team of local leadership and practitioners to identify the issues, uncover opportunities, craft solutions and offer continued implementation support through a number of proven strategies.new ways: provides tailored technical assistance and training; facilitates strategic planning efforts; facilitates program design and implementation processes; facilitates and supports peer professional development communities; manages effective and equitable procurement processes; designs, manages, executes and facilitates symposia, institutes and forums; delivers executive and senior program staff coaching; develops initiative frameworks, playbooks, toolkits and guides to support system and program development and guide leaders and practitioners over time.new ways is a qualified technical assistance provider and vendor for the city of los angeles, los angeles county, the New York city department of education and mayor's office, the san francisco department of children youth and their families, the san francisco office of economic and workforce development and the California training initiative hosted by the California workforce association.

Operating model

Revenue model
Earned-program. 62% of the money available for current operations came from fees and other program revenue.
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. Total assets are small relative to annual expenses; liquid coverage is unknown and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 78
  • Transparency & Controls: 66
  • Accountability: 95
  • Sustainability: 53
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 71.1%; rating input score 71
  • Program expense ratio: 91%; rating input score 91
  • Fundraising efficiency: $36.06 raised per $1 spent on fundraising; rating input score 73; 73rd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 93.3%; rating input score 93; 17th percentile among comparable filings
  • Pay-setting controls: 1 of 6 controls in place; rating input score 17
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • 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: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 7 of 8 controls in place; rating input score 88
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 22.1%; rating input score 79; 79th percentile among comparable filings
  • Total-asset coverage ratio: 0.75; rating input score 28; 28th percentile among comparable filings
  • Liabilities to assets ratio: 0.37; rating input score 28; 28th percentile among comparable filings
  • Officer compensation ratio: 7.2%; rating input score 40; 40th percentile among comparable filings

Growth

  • Program expense growth: 27.8% per year; rating input score 100; 91st percentile among comparable filings
  • Revenue growth: 24.2% per year; rating input score 100; 91st percentile among comparable filings
  • Asset growth: 22.8% per year; rating input score 100; 87th percentile among comparable filings

Details

  • Where the money goes: 71.1% of revenue deployed · 91% of spending went to programs
  • Governance: 11 of 11 board members independent · 7 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $2.4M in reported program spending
  • Leadership: top reported pay $194K · 12 people listed · 1 of 6 pay-setting controls reported
  • Highest-paid contractors: 4 contractors listed · $684K reported
  • Consistency: 32 of 32 current checks pass
  • Schedules: 5 filed schedules · includes major donors and executive pay
  • Filing history: 12 filing years from 2011 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • 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 — Sustainability: Total-asset coverage ratio scored 28/100.
  • Review — Accountability: Governance controls: Form 990 shared with the board not reported.
  • High — Sustainability: Liabilities to assets ratio scored 28/100.
  • Moderate — Sustainability: Officer compensation ratio scored 40/100.