Center for Employment Opportunities Rating Summary

454 views

Published on

www.nonprofitinvestor.org

0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total views
454
On SlideShare
0
From Embeds
0
Number of Embeds
39
Actions
Shares
0
Downloads
2
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide

Center for Employment Opportunities Rating Summary

  1. 1. NPI Evaluation ofCenter for Employment Opportunities NPI Rating: Neutral Evaluation as of 1/4/12 Analyst: RJ Price www.nonprofitinvestor.org
  2. 2. NPI Rating: NeutralCEO has exhibited strength in support and revenuegrowth but maintains a large exposure to governmentsources. Further, high G&A expense and low wages fordirect participants relative to program expenses putincreased pressure on demonstrating programeffectiveness. Decreases in criminal activity areencouraging; however, CEO has not been able to exhibitconsistent improvements in long-term employmentrates for participants. www.nonprofitinvestor.org
  3. 3. Center for Employment Opportunities: Strengths▲ Majority of revenue is generated by program service contracts rather than through donations. State, City and Federal contracts provide ~75% of support and revenue. These contracts are likely sustainable given benefit to employers receiving cost effective maintenance / cleaning and contract growth in recent years.▲ Low cost per beneficiary. With an average of 2,000 participants, CEO’s annual cost per participant is approximately $8,000. If program revenues are deducted, the cost is reduced to ~$1,700.▲ Compelling immediate impact. Dramatic increase in employment over first year in the program coupled with significant reductions in criminal activity.▲ Proven leadership team. 30 year history, with a 15 year track record as an independent nonprofit. Current Chief Executive Officer, Mindy Tarlow, has been in the organization since 1994. www.nonprofitinvestor.org
  4. 4. Center for Employment Opportunities : Cautions● Low % of program expenses directly attributable to participants. Only 23% of program expenses are directly attributable to wages, benefits and taxes for transitional job participants.▼ Lack of demonstrated effect on long-term employment. Rates of employment are consistent with control groups after three years.▼ High G&A expenses. Nearly 20% of expenses are related to G&A. www.nonprofitinvestor.org
  5. 5. More Information• Access the full research report for free here: nonprofitinvestor.org/CEO• To provide feedback on the report, please either comment directly on our website or contact us directly: nonprofitinvestor.org/contact www.nonprofitinvestor.org
  6. 6. About NPI• Nonprofit Investor publishes detailed, peer-reviewed evaluations of charities written by business leaders with due diligence expertise. All research reports are free to download: nonprofitinvestor.org/research• Follow NPI: – Twitter: @nonprofitinvest – Quora Blog: nonprofitinvestor.quora.com – Facebook: facebook.com/nonprofitinvestor• NPI is a 501(c)(3) charity (EIN: 45‐3627609) www.nonprofitinvestor.org

×