Ntma Workforce Development

Nonprofit profile at a glance

EIN
811396233
IRS 990 coverage
2017–2022
Forms available
Form 990 2022, Form 990-N 2016
Location
Cleveland, OH, USA
Phone
8002486862
Rating
74
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Engineering and Technology

Official website

Reported finances

Revenue
$603,777
Expenses
$333,172
Assets
$0
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2022. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • ROGER ATKINS (PRESIDENT)

Highest reported compensation

  • ROGER ATKINS (PRESIDENT): $362,589 total reported compensation
  • DOUG DEROSE (SECRETARY/TREASURER): $237,201 total reported compensation
  • BILL PADNOS (WORKFORCE DEVELOPMENT MANAGER): $110,205 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2022. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To inspire and educate tomorrow's workforce, changing lives in and through manufacturing, promotion and support of the national robotics league, a robotics competition for high school students that exposes them to manufacturing, and providing diversity and inclusion programs for the ntma.

What it reported doing in 2022

Amped was formed to create an unified effort to engage, inspire and prepare america's precision manufacturing workforce. Led by highly motivated and diverse group of professionals to attack this mission with vigor, amped is focused on promotion and recruitment activities, as well as directing interested parties to education and training programs across the country. Connecting talent with opportunities in the industry, the amped career center is designed for job seekers looking for their next career, and for employers seeking new employees. The amped workforce development resource center is a one-stop access point that meets amped's mission to attract, inspire, and prepare america's precision manufacturing workforce.the organization terminated operations and transferred its assets to the national tooling and machining foundation.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Hybrid. The nonprofit split its reported program spending across 66% for direct work, and 34% for grants.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 76
  • Transparency & Controls: 67
  • Accountability: 84
  • Sustainability: 45
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 62.1%; rating input score 62
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 93.3%; rating input score 93; 21st percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 94.3%; rating input score 94; 41st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 87.5%; rating input score 88; 21st percentile among comparable filings
  • Governance controls: 7 of 9 controls in place; rating input score 78
    • 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: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 44.8%; rating input score 91; 91st percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 0; 0th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 16%; rating input score 20; 20th percentile among comparable filings

Growth

  • Program expense growth: 1.5% per year; rating input score 100; 31st percentile among comparable filings
  • Revenue growth: 27.3% per year; rating input score 100; 90th percentile among comparable filings
  • Asset growth: -22.9% per year; rating input score 0; 1st percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 62.1% of spending went to programs
  • Governance: 7 of 8 board members independent · 7 of 9 filing controls reported
  • Programs: 2 filed program accomplishments · $207K in reported program spending
  • Leadership: top reported pay $363K · 12 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 26 of 27 current checks pass · 1 finding to review
  • Schedules: 8 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 5 filing years from 2017 to 2022
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 3 filed related-organization links
  • 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 — Transparency & Controls: Pay-setting controls scored 0/100.
  • Review — Accountability: Governance controls: 2 of 9 not reported.
  • High — Sustainability: Total-asset coverage ratio scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 20/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.