Taunton Area School to Career Inc

Nonprofit profile at a glance

EIN
043416665
IRS 990 coverage
2010–2014
Forms available
Form 990 2014
Location
Taunton, MA, USA
Phone
5088212846
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Job Training

Reported finances

Revenue
$329,035
Expenses
$359,976
Assets
$154,075
Liabilities
$99,422

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

Leadership & pay

14 people listed

Executive titles in this filing

  • MARY ANN JABLONSKI (PRESIDENT)
  • STEVE BENSON (VICE PRESIDENT)
  • NANCY ANTONUCCI (EXECUTIVE DIRECTOR)

Highest reported compensation

  • NANCY ANTONUCCI (EXECUTIVE DIRECTOR): $72,741 total reported compensation

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

Overview

Mission

Taunton area school to career, inc. (tasc) is a partnership of employers and school systems in the taunton area who have made a long-term commitment to exposing students to high quality learning experiences that will prepare them for the careers of tomorrow. Tasc will foster the development of programs that link the classroom and the workplace, build students skills and awareness, and respond to the emerging needs of employers. In addition, tasc's activities support the participating schools and school systems to reach their academic, career preparation, and education reform goals.

What it reported doing in 2014

High school programs: job readiness training: tasc provides job readiness training for students in grades 10-12. This program prepares students to meet future needs of all industries. Our goal is to improve work skills of entry-level employees. Mentor program: the mentor program is designed for students, usually sophomores or juniors, who are interested in career exploration. Job shadowing: job shadowing provides students with the opportunity to follow someone at their place of employment.other programs: teacher externship/pathway partners: teacher externships are a creative way of building strong links and greater understanding between schools and businesses work ethics: the work ethics program is designed to enhance a 7th grader's understanding of the world of work.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
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 - 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 fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 69
  • Transparency & Controls: 92
  • Accountability: 74
  • Sustainability: 19
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 75.8%; rating input score 76
  • Program expense ratio: 69.3%; rating input score 69
  • Fundraising efficiency: $7.21 raised per $1 spent on fundraising; rating input score 32; 32nd percentile among comparable filings

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: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 3 of 8 controls in place; rating input score 38
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -9.4%; rating input score 22; 22nd percentile among comparable filings
  • Total-asset coverage ratio: 0.43; rating input score 24; 24th percentile among comparable filings
  • Liabilities to assets ratio: 0.65; rating input score 12; 12th percentile among comparable filings
  • Officer compensation ratio: Limited

Growth

  • Program expense growth: 1% per year; rating input score 100; 46th percentile among comparable filings
  • Revenue growth: 6.5% per year; rating input score 100; 63rd percentile among comparable filings
  • Asset growth: 32.2% per year; rating input score 100; 91st percentile among comparable filings

Details

  • Where the money goes: 75.8% of revenue deployed · 69.3% of spending went to programs
  • Governance: 13 of 13 board members independent · 3 of 8 filing controls reported
  • Programs: 4 filed program accomplishments · $250K in reported program spending
  • Leadership: top reported pay $73K · 14 people listed
  • Consistency: 26 of 26 current checks pass
  • Schedules: 5 filed schedules · includes major donors
  • Filing history: 5 filing years from 2010 to 2014
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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.

  • Moderate — Accountability: Governance controls: 5 of 8 not reported.
  • Moderate — Financial Efficiency: Fundraising efficiency scored 32/100.
  • High — Sustainability: Operating margin scored 22/100.
  • High — Sustainability: Total-asset coverage ratio scored 24/100.
  • High — Sustainability: Liabilities to assets ratio scored 12/100.