Ser-jobs for Progress of the Texas Gulf Coast Inc

Nonprofit profile at a glance

EIN
741590387
IRS 990 coverage
2017–2024
Forms available
Form 990 2024
Location
Houston, TX, USA
Phone
7137736000
Rating
81
Verdict
STRONG
Rating confidence
Standard
Sector
Employment Procurement Assistance

Reported finances

Revenue
$8,033,500
Expenses
$8,742,691
Assets
$11,636,429
Liabilities
$4,806,154

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

Leadership & pay

30 people listed

Executive titles in this filing

  • RAMBO LILIANA (CHIEF EXECUTIVE OFFICER)
  • MUKHTIAR SHEREBANOO (CHIEF EXECUTIVE OFFICER)
  • PEREZ-SILVA ALMA (EXECUTIVE DIRECTOR OF THE WRTC)

Highest reported compensation

  • MUKHTIAR SHEREBANOO (CHIEF EXECUTIVE OFFICER): $246,873 total reported compensation
  • WILSON BETH (CHIEF ADVANCEMENT OFFICER): $130,311 total reported compensation
  • VALKA CHRISTOPHER (CHIEF PROGRAM OFFICER): $127,174 total reported compensation

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

Overview

Mission

To transform the lives of individuals through education, skill-based training, employment, and long-term financial stability.

What it reported doing in 2024

Adults - serjobs provides employment placement, career coaching, financial coaching, job readiness training, and occupational training services to adults. Participants receive support with basic employment skills, including resume writing, computer literacy, job search preparation, interviewing, professional workplace expectations, and career assessment. Services may include occupational training in areas such as construction, welding, forklift, manufacturing, cdl, customer service, banking, and office administration. Serjobs also provides job placement assistance and supportive services or referrals to help address barriers such as transportation, childcare, food insecurity, housing, and other needs that may impact employment.

Operating model

Revenue model
Grant-funded. 63% of the money available for current operations came from government grants.
Distribution model
Direct operator. The filing allocates 86% 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

STRONG - 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 revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 87
  • Transparency & Controls: 72
  • Accountability: 100
  • Sustainability: 28
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 91.4%; rating input score 91
  • Program expense ratio: 83.8%; rating input score 84
  • Fundraising efficiency: $51.08 raised per $1 spent on fundraising; rating input score 79; 79th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd 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: 100%; rating input score 100; 72nd percentile among comparable filings
  • Major donor itemization: Limited
  • 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 15; 15th percentile among comparable filings
  • Total-asset coverage ratio: 1.33; rating input score 47; 47th percentile among comparable filings
  • Liabilities to assets ratio: 0.41; rating input score 26; 26th percentile among comparable filings
  • Officer compensation ratio: 9.8%; rating input score 31; 31st percentile among comparable filings

Growth

  • Program expense growth: 5.1% per year; rating input score 100; 40th percentile among comparable filings
  • Revenue growth: -5.3% per year; rating input score 0; 3rd percentile among comparable filings
  • Asset growth: 4.4% per year; rating input score 100; 31st percentile among comparable filings

Details

  • Where the money goes: 91.4% of revenue deployed · 83.8% of spending went to programs
  • Governance: 23 of 23 board members independent · 9 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $7.3M in reported program spending
  • Leadership: top reported pay $247K · 30 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 36 of 36 current checks pass
  • Schedules: 7 filed schedules · includes grants and executive pay
  • Filing history: 8 filing years from 2017 to 2024
  • Contacts: How to reach this organization
  • Money network: 6 filed money-flow records
  • Related organizations: 2 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

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.

  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 15/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 47/100.
  • High — Sustainability: Liabilities to assets ratio scored 26/100.
  • Moderate — Sustainability: Officer compensation ratio scored 31/100.
  • High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.