RLCB Inc
Nonprofit profile at a glance
- EIN
- 560884337
- IRS 990-EZ coverage
- 2022–2022
- Forms available
- Form 990 2021, Form 990-EZ 2022
- Location
- Clayton, NC, USA
- Phone
- 9843043828
- Rating
- 33
- Verdict
- REVIEW
- Rating confidence
- Moderate
- Sector
- Job Training
Reported finances
- Revenue
- $6,333
- Expenses
- $3,927,917
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- JANET GRIFFEY (PRESIDENT/CEO)
People named in this filing
- JANET GRIFFEY (PRESIDENT/CEO)
- ROBERT HALL (CHAIRMAN)
- STEVE MCLAURIN (VICE CHAIRMAN)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2022. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
In prior years, the organization provided assessment, training, and job placement services to individuals who are blind or visually impaired, empowering them to access the vocational setting of their choice and to achieve economic and personal independence through employment. The organization closed down its operations and transferred its assets to another nonprofit.
What it reported doing in 2022
In prior years, the organization provided job training, through workshop employment opportunities, to many clients. The purpose of the workshop was to develop the talents of the blind clients so that they may move out into the business world and be gainfully employed. Operations have ceased and assets have been transferred to another nonprofit.
Operating model
- Revenue model
- Investment-supported. 100% of the money available for current operations came from recurring investment income.
- 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
REVIEW - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 0
- Transparency & Controls: 82
- Sustainability: 2
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0%; rating input score 0
- Program expense ratio: 0%; rating input score 0
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -61,923%; rating input score 0; 0th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 1.8%; rating input score 12; 12th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -15.8% per year; rating input score 0; 19th percentile among comparable filings
- Asset growth: -10.7% per year; rating input score 0; 16th percentile among comparable filings
Details
- Where the money goes: 0% of revenue deployed · 0% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 8 of 9 current checks pass · 1 finding to review
- Schedules: 3 filed schedules
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- Related organizations: 1 filed related-organization link
- 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 — Financial Efficiency: Mission deployment rate scored 0/100.
- High — Financial Efficiency: Program expense ratio scored 0/100.
- Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 0/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 2/100.
- High — Sustainability: Officer compensation ratio scored 12/100.