Nontraditional Employment for Women

Nonprofit profile at a glance

EIN
133272001
IRS 990 coverage
2011–2024
Forms available
Form 990 2024
Location
New York, NY, USA
Phone
6462575206
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Job Training

Official website

Reported finances

Revenue
$5,143,909
Expenses
$4,690,081
Assets
$4,574,671
Liabilities
$317,254

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

Leadership & pay

35 people listed

Executive titles in this filing

  • LEAH RAMBO (PRESIDENT)

Highest reported compensation

  • LEAH RAMBO (PRESIDENT): $255,108 total reported compensation
  • MICHIKO GRASSO (VP OF EXTERNAL AFFAIRS): $240,937 total reported compensation
  • KATRICE THOMAS (VP OF PROGRAMS THRU 12/2024): $186,975 total reported compensation

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

Overview

Mission

See schedule onontraditional employment for women (new) prepares, trains, and places women in careers in the skilled construction, utility, and maintenance trades, helping women achieve economic independence and a secure future.

What it reported doing in 2024

Job placement, recruitment and retentionnew's training prepares women for union apprenticeship programs as well as careers in transportation, utilities, and building operations. New's graduation certificate is recognized by the New York city building and construction trades apprenticeship programs and New York state department of labor for direct entry into union apprenticeships. After completing the program, new works with graduates to place them with employers in construction-related work.new actively provides career placement services to graduates through one-on-one employment consultation, workshops, and interview preparation. New staff members work with each student throughout training to help the student select and pursue career choices. Employment staff members, working alongside program coordinators, participate in mid-term evaluations and final exit evaluations to ensure each student understands their career options, evaluates their skills and ability to succeed, and selects the career where they are best suited and will excel.in addition to core programming, new also delivers advanced training designed to provide graduates with credentials and/or skills for an in-depth comprehension of industry trends that will make them more competitive candidates and accelerate their career advancement. Advanced training offerings include those focused on preparation for local 3 electricians con edison utility workers, and sheet metal worker careers.new also facilitates the process and makes introductions for graduates to earn additional certifications on their own. This can be from directing a graduate on how to get a driver's license to fireguard certification or obtaining a cdl. New has also, in some cases, covered the cost of fees associated with these additional certifications. In addition to long-term career planning, immediately after completing training new works with graduates to secure placements in interim jobs, as appropriate, as they prepare for a long-term career opportunity. New focuses on jobs that are related to new's core industries and has expanded outreach to employers in related industries that hire directly and improve graduates candidacy for future trade opportunities.

Operating model

Revenue model
Donor-supported. 61% of the money available for current operations came from contributions and gifts.
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.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 67
  • Transparency & Controls: 71
  • Accountability: 100
  • Sustainability: 48
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 69.4%; rating input score 69
  • Program expense ratio: 75.7%; rating input score 76
  • Fundraising efficiency: $7.88 raised per $1 spent on fundraising; rating input score 30; 30th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 93.8%; rating input score 94; 20th percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Missing
    • Independent consultant: Pass
    • 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: 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: 8.8%; rating input score 60; 60th percentile among comparable filings
  • Total-asset coverage ratio: 0.98; rating input score 36; 36th percentile among comparable filings
  • Liabilities to assets ratio: 0.07; rating input score 65; 65th percentile among comparable filings
  • Officer compensation ratio: 17.7%; rating input score 15; 15th percentile among comparable filings

Growth

  • Program expense growth: 4.5% per year; rating input score 100; 37th percentile among comparable filings
  • Revenue growth: 4.7% per year; rating input score 100; 39th percentile among comparable filings
  • Asset growth: 9% per year; rating input score 100; 55th percentile among comparable filings

Details

  • Where the money goes: 69.4% of revenue deployed · 75.7% of spending went to programs
  • Governance: 25 of 25 board members independent · 9 of 9 filing controls reported
  • Programs: 4 filed program accomplishments · $3.5M in reported program spending
  • Leadership: top reported pay $255K · 35 people listed · 2 of 6 pay-setting controls reported
  • Highest-paid contractors: 2 contractors listed · $232K reported
  • Consistency: 32 of 33 current checks pass · 1 finding to review
  • Schedules: 7 filed schedules · includes major donors and executive pay
  • Filing history: 14 filing years from 2011 to 2024
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • Related organizations: Filed and resolved organization relationships.
  • 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.

  • Moderate — Financial Efficiency: Fundraising efficiency scored 30/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 36/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • High — Sustainability: Officer compensation ratio scored 15/100.