Woodwork Career Alliance of North America
Nonprofit profile at a glance
- EIN
- 261076465
- IRS 990 coverage
- 2024–2024
- Forms available
- Form 990 2024, Form 990-EZ 2023, Form 990-N 2008
- Location
- Nellysford, VA, USA
- Phone
- 4026106043
- Rating
- 73
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Job Training
Reported finances
- Revenue
- $206,820
- Expenses
- $137,876
- Assets
- $212,785
- Liabilities
- $10,605
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
2 people listed
Executive titles in this filing
- Greg Larson (Vice President)
Highest reported compensation
- Greg Larson (Vice President): $10,206 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The primary mission of the WCA is to provide students and professional woodworkers with the certifications and credentials that reward them for knowledge and experience they gain in school or working in the industry. These candidates can continue to work toward the highest credential to demonstrate their machine skills on the equipment used in the of manufacturing of the products sold in the secondary wood processing industry. A candidate can achieve up to seven credentials with the top credential Diamond requires passing 240 tests and having at least 6400 hours of lifetime employment including educational hours of 1600.
What it reported doing in 2024
Marketing of the WCA Credentialing Program through face to face industry trade shows including Educational Programs presented at these shows: AWFS IWF ACTE & SkillsUSA. Producing press releases on students and company achievements. Production of a quarterly newsletter to over 6,000 individuals educators schools and manufacturing companies.
Operating model
- Revenue model
- Other-operating. 63% 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 total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 71
- Transparency & Controls: 84
- Accountability: 69
- Sustainability: 59
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 67.1%; rating input score 67
- Program expense ratio: 100%; rating input score 100
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 90%; rating input score 90; 9th 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: 2 of 8 controls in place; rating input score 25
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 33.3%; rating input score 84; 84th percentile among comparable filings
- Total-asset coverage ratio: 1.54; rating input score 52; 52nd percentile among comparable filings
- Liabilities to assets ratio: 0.05; rating input score 32; 32nd percentile among comparable filings
- Officer compensation ratio: 42.6%; rating input score 5; 5th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 4% per year; rating input score 100; 47th percentile among comparable filings
- Asset growth: 3.2% per year; rating input score 100; 39th percentile among comparable filings
Details
- Where the money goes: 67.1% of revenue deployed · 100% of spending went to programs
- Governance: 11 of 11 board members independent · 2 of 8 filing controls reported
- Programs: 3 filed program accomplishments · $138K in reported program spending
- Leadership: top reported pay $49K · 2 people listed
- Consistency: 39 of 40 current checks pass · 1 finding to review
- Schedules: 4 filed schedules · includes major donors
- 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 — Accountability: Governance controls: 5 of 7 not reported.
- Review — Sustainability: Total-asset coverage ratio scored 52/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- High — Sustainability: Officer compensation ratio scored 5/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 32/100.