CareerSource Citrus Levy Marion

Legal name: Withlacoochee Workforce Development Authority

Nonprofit profile at a glance

Source: IRS Form 990. Selected filing: tax year 2010. Amounts in USD.

11 people listed

Source: IRS Form 990. Selected filing: tax year 2010. Names and roles reflect this filing, not necessarily current officeholders.

Dedicated to the delivery of quality workforce services to both job seekers and employers alike.

Workforce investment act (wia) - training/retraining services for disadvantaged and/or dislocated clients, in accordance with federal guidelines

Revenue model: Grant-funded. 98% of the money available for current operations came from government grants.
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 available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Consistency checks: 100%; rating input score 100; 59th percentile among comparable filings
Pay-setting controls: Limited
Foreign activity oversight: Limited
Grant itemization coverage: 100%; rating input score 100; 39th percentile among comparable filings
Major donor itemization: Yes; rating input score 100
Related-party transparency: Limited

Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
Governance controls: 7 of 8 controls in place; rating input score 88
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass

Operating margin: -0.6%; rating input score 33; 33rd percentile among comparable filings
Total-asset coverage ratio: 0.06; rating input score 2; 2nd percentile among comparable filings
Liabilities to assets ratio: 0.9; rating input score 12; 12th percentile among comparable filings
Officer compensation ratio: 1.4%; rating input score 81; 81st percentile among comparable filings

Program expense growth: Limited
Revenue growth: -10.5% per year; rating input score 0; 14th percentile among comparable filings
Asset growth: -85.8% per year; rating input score 0; 1st percentile among comparable filings

What they do: 4 programs and campaigns described on the official site · 3 operating locations identified
Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
Governance: 10 of 10 board members independent · 7 of 8 filing controls reported
Programs: 4 filed program accomplishments · $6.9M in reported program spending
Leadership: top reported pay $97K · 11 people listed
Consistency: 27 of 27 current checks pass
Schedules: 5 filed schedules · includes major donors and grants
Filing history: 2 filing years from 2009 to 2010
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.

Signals prioritize questions for review. They are not findings of misconduct.

High — Growth: Revenue growth scored 0/100.
High — Growth: Asset growth scored 0/100.
Moderate — Sustainability: Operating margin scored 33/100.
High — Sustainability: Total-asset coverage ratio scored 2/100.
Review — Accountability: Governance controls: Whistleblower policy not reported.
High — Sustainability: Liabilities to assets ratio scored 12/100.