Skills Unlimited Inc

Nonprofit profile at a glance

EIN
111759110
IRS 990 coverage
2010–2021
Forms available
Form 990 2021
Location
Old Bethpage, NY, USA
Phone
5168701600
Rating
64
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Winter Sports

Official website

Reported finances

Revenue
$583,587
Expenses
$601,564
Assets
$0
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2021. Amounts in USD.

Leadership & pay

10 people listed

Executive titles in this filing

  • ROBERT BUDD (CEO)
  • CHRISTOPHER LONG (PRESIDENT)

People named in this filing

  • SUSAN MORAN (CHAIRMAN)
  • LISA RIVERA (VICE CHAIRMAN)
  • DIANE WALKER (BOARD MEMBER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2021. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Skills unlimited, inc. (the "organization") is a not-for-profit corporation established in 1954. The primary purpose is to provide vocational training, job placement, supported employment, article 31 clinic, and social adjustment services to disabled clients in training.

What it reported doing in 2021

Work programs - skills unlimited provides various work programs including vocational training courses, placement services, on the job assessment, and supported employment. Vocational training courses with the goal of competitive placement are a highlighted feature. Comprehensive curriculums that reflect the needs of today's employers are tailored to meet the needs of each of our trainees. Placement services include individual and group job placement training sessions focusing on a variety of job related and job seeking skills. On-the-job assessment includes follow ups on all job placements to aid with the transition to competitive employment and to ensure a successful placement. Supported employment offers a wide variety of employment related supports to participants seeking placement at a community based employment site.

Operating model

Revenue model
Other-operating. 78% of the money available for current operations came from other operating revenue.
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.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 71
  • Transparency & Controls: 92
  • Accountability: 36
  • Sustainability: 19
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 81.5%; rating input score 81
  • Program expense ratio: 79%; rating input score 79
  • 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: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: Limited
  • Governance controls: 6 of 7 controls in place; rating input score 86
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -3.1%; rating input score 19; 19th 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: 0%; rating input score 82; 82nd percentile among comparable filings

Growth

  • Program expense growth: -7.6% per year; rating input score 0; 9th percentile among comparable filings
  • Revenue growth: -4.5% per year; rating input score 0; 8th percentile among comparable filings
  • Asset growth: -0.3% per year; rating input score 0; 19th percentile among comparable filings

Details

  • Where the money goes: 81.5% of revenue deployed · 79% of spending went to programs
  • Governance: 6 of 7 filing controls reported
  • Programs: 4 filed program accomplishments · $475K in reported program spending
  • Leadership: top reported pay $0 · 10 people listed
  • Highest-paid contractors: 1 contractor listed · $496K reported
  • Consistency: 27 of 27 current checks pass
  • Schedules: 5 filed schedules · includes major donors
  • Filing history: 12 filing years from 2010 to 2021
  • Contacts: How to reach this organization
  • 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.

  • Review — Accountability: Governance controls: Form 990 shared with the board not reported.
  • High — Sustainability: Operating margin scored 19/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 0/100.
  • High — Growth: Asset growth scored 0/100.