Women Unlimited

Nonprofit profile at a glance

EIN
010434603
IRS 990 coverage
2009–2014
Forms available
Form 990 2014
Location
Augusta, ME, USA
Phone
2076237576
Rating
71
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Employment Procurement Assistance

Official website

Reported finances

Revenue
$404,096
Expenses
$401,827
Assets
$30,325
Liabilities
$94,475

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

Leadership & pay

5 people listed

Executive titles in this filing

  • ELIZABETH JAMISON (EXECUTIVE DIRECTOR)
  • JON DOYLE (PRESIDENT)

Highest reported compensation

  • ELIZABETH JAMISON (EXECUTIVE DIRECTOR): $43,014 total reported compensation

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

Overview

Mission

To improve the financial independence of Maine's women, minorities, and disadvantaged workers by providing training and access to jobs with a livable wage for careers in the trades, construction, technical, and transportation careers. Women unlimited provides both beginner level and intermediate level training, job referral services, and career development services. Trainings include construction math, blueprint reading, welding, job readiness, hand and power tools, cdl, rigging, financial literacy, and more.

What it reported doing in 2014

Base programs - provide training, employment referral services, support services, career development, technical assistance for women, minorities, and disadvantaged workers in trade, technical, and transportation careers in the state of Maine. This is accomplished through introductory and intermediate level trainings and job referral services. Trainings include blueprint reading, construction math, hand and power tools, cdl, welding, rigging, job readiness, financial literacy, materials handling, and basic safety. Every client has a one-on-one interview at a location near them to assess needs and provide career development services and employment referrals.

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. Revenue has declined or grown slowly and assets have declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 60
  • Transparency & Controls: 92
  • Accountability: 90
  • Sustainability: 26
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 67.4%; rating input score 67
  • Program expense ratio: 67.8%; rating input score 68
  • 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: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 6 of 8 controls in place; rating input score 75
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • 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: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 0.6%; rating input score 43; 43rd percentile among comparable filings
  • Total-asset coverage ratio: 0.08; rating input score 5; 5th percentile among comparable filings
  • Liabilities to assets ratio: 3.12; rating input score 1; 1st percentile among comparable filings
  • Officer compensation ratio: 10.7%; rating input score 34; 34th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -10% per year; rating input score 0; 14th percentile among comparable filings
  • Asset growth: -22.8% per year; rating input score 0; 6th percentile among comparable filings

Details

  • Where the money goes: 67.4% of revenue deployed · 67.8% of spending went to programs
  • Governance: 4 of 4 board members independent · 6 of 8 filing controls reported
  • Programs: 3 filed program accomplishments · $272K in reported program spending
  • Leadership: top reported pay $43K · 5 people listed
  • Consistency: 27 of 27 current checks pass
  • Schedules: 6 filed schedules · includes major donors
  • Filing history: 3 filing years from 2009 to 2014
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • 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 — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 5/100.
  • Moderate — Sustainability: Operating margin scored 43/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • High — Sustainability: Liabilities to assets ratio scored 1/100.
  • Moderate — Sustainability: Officer compensation ratio scored 34/100.