PRIVATE INDUSTRY COUNCIL OF ROCKLAND CTY DBA Tomorrows Workplace

Nonprofit profile at a glance

EIN
133012571
IRS 990 coverage
2010–2014
Forms available
Form 990 2014
Location
Spring Valley, NY, USA
Phone
8453566106
Rating
79
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Employment Procurement Assistance

Official website

Reported finances

Revenue
$1,285,138
Expenses
$1,337,735
Assets
$174,450
Liabilities
$165,758

Source: IRS Form 990. Selected filing: tax year 2014. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • CRAIG JACOBS (Vice President)

Highest reported compensation

  • JENNIFER DELEON (EXEC DIRECTOR): $102,063 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2014. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The agency is high tech user friendly resource center supporting the employment and training needs of job seekers and the recruitment needs of employers of rockland county ny and the regional tri-state area. The center assists job seekers and employers by offering them tools and resources neeeded for career development, training and employment opportunities.

What it reported doing in 2014

Resource CenterThe Agency provides to anyone a resource room that includes computers, fax machine, copier, printers, books, magazines, newspapers, resources and information on vocational and educational schools, labor market information, and a video library as well as telephones.The agency offers online training through the internet to eligible customers which provides tutorials from basic computer technology to advanced network administration and IT.WorkshopsA variety of workshops are offered weekly on an array of topics including computers, interviewing skills, and resume writing.CounselingCareer counselors meet with individuals to assist customers with their job search.Disability Program Navigator (DPN)In partnership with Rockland Independent Living Center, Tomorrow's Workplace has a DPN located at the Center three days per week who assists individuals with disabilities to access the wide variety of programs available to support their successful entry or re-entry into the workforce.Individual Training Accounts (ITA's)The agency provides up to $2,500 of tuition assistance to eligible customers for classroom trainingYouth ProgramThe agency provides a comprehensive program for out of school youth that provides GED instruction, drug prevention, behavioral modification, vocational training and job placement.

Operating model

Revenue model
Grant-funded. 86% of the money available for current operations came from government grants.
Distribution model
Hybrid. The nonprofit split its reported program spending across 64% for direct work, and 36% for grants.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Some filing-based governance responses are negative or unanswered and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 75
  • Transparency & Controls: 100
  • Accountability: 90
  • Sustainability: 19
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 85.5%; rating input score 86
  • Program expense ratio: 82.2%; rating input score 82
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 73rd percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 6 of 8 controls in place; rating input score 75
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -4.1%; rating input score 24; 24th percentile among comparable filings
  • Total-asset coverage ratio: 0.13; rating input score 6; 6th percentile among comparable filings
  • Liabilities to assets ratio: 0.95; rating input score 9; 9th percentile among comparable filings
  • Officer compensation ratio: 7.6%; rating input score 45; 45th percentile among comparable filings

Growth

  • Program expense growth: -22% per year; rating input score 0; 9th percentile among comparable filings
  • Revenue growth: -5.8% per year; rating input score 0; 14th percentile among comparable filings
  • Asset growth: -3.6% per year; rating input score 0; 20th percentile among comparable filings

Details

  • Where the money goes: 85.5% of revenue deployed · 82.2% of spending went to programs
  • Governance: 2 of 2 board members independent · 6 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $1.1M in reported program spending
  • Leadership: top reported pay $102K · 3 people listed
  • Highest-paid contractors: 1 contractor listed · $151K reported
  • Consistency: 31 of 31 current checks pass
  • Schedules: 4 filed schedules · includes grants
  • Filing history: 5 filing years from 2010 to 2014
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • Review — Accountability: Governance controls: 2 of 8 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 24/100.
  • High — Sustainability: Total-asset coverage ratio scored 6/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 9/100.
  • Moderate — Sustainability: Officer compensation ratio scored 45/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.