Workforce Resource Inc

What it reported doing in 2024

Food share employment and training (fset): the fset program is an employment and training program operated as part of the federal supplemental nutrition assistance program (snap), which is known as foodshare (fs) in Wisconsin. Both fs and its fset component are administered by the Wisconsin department of health services (dhs).according to the federal food and nutrition act of 2008, the purpose of fset is to provide fs members with opportunities to gain skills, training and experience needed to improve employment prospects and reduce reliance on fs benefits. The program also offers fs members a way to meet the work requirements stipulated in the food and nutrition act of 2008.the goal of fset is to provide fs members the assistance and support they need to obtain and maintain competitive employment. The objective of fset is to draw upon the strengths, needs and preferences of individual job seekers by offering an array of employment and training services intended to facilitate an efficient use of resources to assist fset volunteers to move promptly into unsubsidized employment. In addition to employment and training services, the fset program offers assistance to fs members while they look for work. Offered assistance includes help with resumes and applications, transportation support, work-readiness workshops, interview assistance, and work experience volunteer placements. Total participants served last year was 2,385 with 1,144 entering employment. Region 8 was awarded to another provider and we stopped services on sept 30, 2024. We still have region 7.

Financial Efficiency

• Mission deployment rate: 100%; rating input score 100
• Program expense ratio: 91.7%; rating input score 92
• Fundraising efficiency: $93.14 raised per $1 spent on fundraising; rating input score 86; 86th 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: 100%; rating input score 100; 72nd percentile among comparable filings
• 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: 7 of 9 controls in place; rating input score 78
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Pass
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Missing
  • Independent financial-statement audit: Fail

Sustainability

• Operating margin: -9.3%; rating input score 14; 14th percentile among comparable filings
• Total-asset coverage ratio: 0.42; rating input score 14; 14th percentile among comparable filings
• Liabilities to assets ratio: 0.18; rating input score 46; 46th percentile among comparable filings
• Officer compensation ratio: 2.7%; rating input score 71; 71st percentile among comparable filings

Growth

• Program expense growth: 3.5% per year; rating input score 100; 31st percentile among comparable filings
• Revenue growth: 3.4% per year; rating input score 100; 29th percentile among comparable filings
• Asset growth: 6.1% per year; rating input score 100; 41st percentile among comparable filings