Mission: A NATIONWIDE MENTORING PROGRAM DEDICATED TO HELPING VETERANS TRANSITION FROM THE ARMED SERVICES TO PRIVATE ENTERPRISE THROUGH CAREER COUNSELING AND NETWORKING WITH P ... (More)

American Corporate Partners is a 501(c)(3) organization, with an IRS ruling year of 2008, and donations are tax-deductible.

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Contact Information

  www.acp-usa.org

  140 E 45TH ST STE 19A
New York NY 10017-7143



...  ...  ...  ...  

Encompass Rating System by Charity Navigator


Overall Score

100

out of 100

This charity's score is a passing score.
This overall score is calculated from multiple beacon scores: 85% Finance & Accountability, 10% Leadership & Adaptability, and 5% Culture & Community


Learn about the Encompass Rating System: Overview | FAQ | Release Notes

Next: Impact & Results

...   Finance & Accountability


This score provides an assessment of a nonprofit's financial health (stability, efficiency and sustainability) and its commitment to governance practices and policies.


Finance & Accountability Score

100

out of 100

The score earned by American Corporate Partners is a passing score

This V6 of the Finance & Accountability Score provides a baseline measure of an organization's health including the indicators listed in the report below.

This score represents Form 990 data from 2020, the latest year electronically filed and published by the IRS.



Back to Overall

Finance & Accountability Report

100

of 100 points

This beta feature is currently viewable only on desktop or tablet screens. Check back later for updates.

Program Expense

Program Expense Ratio

86.75%

Higher effect on score

More data  


The Program Expense Ratio is determined by Program Expenses divided by Total Expense (average of most recent three 990s). This measure reflects the percent of its total expenses a charity spends on the programs and services it exists to deliver.


Program Expense Percentage

Amount of Credit Received

70% or higherFull Credit
60% - 69.9%Partial Credit
50% - 59.9%Zero Points for Program Expense Score
Below 50%Zero Points for Both Program Expense AND Liabilities to Assets Scores

Source: IRS Form 990

Board Composition

11/13 Independent

Higher effect on score


Charity Navigator looks for at least 3 board members, with more than 50% of those members identified as independent (not salaried).


The presence of an independent governing body is strongly recommended by many industry professionals to allow for full deliberation and diversity of thinking on governance and other organizational matters.


Source: IRS Form 990

Independent Audit or Financial Review

Audited

Higher effect on score


An Audit, Review, or Compilation provides important information about financial accountability and accuracy. Organizations are scored based on their Total Revenue Amount:

Total Revenue Amount

Expectation to Receive Credit

$1 million or higherExpected to complete an audit
$500,000 - $1 millionExpected to complete an audit, review, or compilation
Less than $500,000No expectation (removed from scoring methodology)

Source: IRS Form 990

Liabilities to Assets Ratio

4.44%

Lower effect on score


The Liabilities to Assets Ratio is determined by Total Liabilities divided by Total Assets (most recent 990). This ratio is an indicator of an organization’s solvency and/or long-term sustainability.

Liabilities to Assets Ratio

Amount of Credit Received

Less than 50%Full Credit
50% - 59.9%Partial Credit
60% or moreNo Credit

Source: IRS Form 990

Website

Listed

Lower effect on score


Charity Navigator looks for a website on the Form 990 as an accountability and transparency metric.


Nonprofits act in the public trust and reporting publicly on activities is an important component.


Source: IRS Form 990

Conflict of Interest Policy

Listed

Lower effect on score


Charity Navigator looks for the existence of a conflict of interest policy on the Form 990 as an accountability and transparency measure.


This policy protects the organization and by extension those it serves, when it is considering entering into a transaction that may benefit the private interest of an officer, director and/or key employee of the organization.


Source: IRS Form 990

Board Meeting Minutes

Documented

Lower effect on score


Charity Navigator looks to confirm on the Form 990 that the organization has this process in place as an accountability and transparency measure.


An official record of the events that take place during a board meeting ensures that a contemporaneous document exists for future reference.


Source: IRS Form 990

Document Retention and Destruction

Listed

Lower effect on score


Charity Navigator looks for the existence of a document retention and destruction policy per the Form 990 as an accountability and transparency measure.


This policy establishes guidelines for the handling, backing up, archiving and destruction of documents. These guidelines foster good record keeping procedures that promote data integrity.


Source: IRS Form 990

Whistleblower Policy

Listed

Lower effect on score


Charity Navigator looks for the existence of a whistleblower policy per the Form 990 as an accountability and transparency measure.


This policy outlines procedures for handling employee complaints, as well as a confidential way for employees to report financial or other types of mismanagement.


Source: IRS Form 990

Additional Information

Unscored

This beta feature is currently viewable only on desktop or tablet screens. Check back later for updates.

Total Revenue and Expenses

Total Revenue and Expenses

This chart displays the trend of revenue and expenses over the past several years for this organization, as reported on their IRS Form 990.

Salary of Key Persons

Presented here are up to five of this organization's highest compensated employees. This compensation data includes salary, cash bonuses, and expense accounts and is displayed exactly how it is reported to the IRS. The amounts do not include nontaxable benefits, deferred compensation, or other amounts not reported on Form W-2. In some cases, these amounts may include compensation from related organizations. Read the IRS policies for compensation reporting



TIM COCHRANE, SENIOR VP

$170,000


COLLEEN DEERE, EXECUTIVE DIRECTOR

$130,000


SIDNEY GOODFRIEND, CHAIRMAN

$0


AMY GOODFRIEND, DIRECTOR

$0


ALAIN LEBEC, DIRECTOR

$0


Source: IRS Form 990 (page 7), filing year 2020

Business Master File Data

Below are some key data points from the Exempt Organization IRS Business Master File (BMF) for this organization. Learn more about the BMF on the IRS website


Activities:

Activity data not reported from the IRS


Foundation Status:

Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi) (BMF foundation code: 15)


Affiliation:

Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations). (BMF affiliation code: 3)

Data Sources: IRS Forms 990

The Form 990 is a document that nonprofit organizations file with the IRS annually. We leverage finance and accountability data from it to form Encompass ratings. Click here to view this organization's Forms 990 on the IRS website (if any are available).

Pandemic Response

Due to the unprecedented nature of the pandemic, we give charities such as this one the opportunity to share the story of COVID's impact on them. Charities may submit their own pandemic responses through their nonprofit portal.


American Corporate Partners reported being impacted by COVID-19 in the following ways:
  • rapid program growth


How COVID-19 impacted the organization's operations financially:

The current pandemic has significantly impacted ACP's programs, operations, and community. During an average year, we see a regular flow of active-duty military personnel, active-duty military spouses, and various post 9/11 veterans who might be struggling to adapt to the private sector. In the past two years, we have received 40% more applications. We surmise that many of these veteran applicants are coming to us to navigate COVID economic changes. Our veteran's job search and professional development present a unique challenge during the pandemic, and they depend more than ever on the virtual support of ACP and its volunteer mentors to ease that struggle. To meet this increased need for volunteer mentors, ACP depends on the financial support of its corporate partners and citizens from around the country. But, we also need the support of grants to bring in mentors, especially in niche career fields. ACP has hired 11 additional associates to manage our growing caseloads.


How COVID-19 impacted the organization's delivery of programs:

ACP is very fortunate; our mentorship pairing process has always focused on placing mentors and proteges together based on relevant career fits versus locations. Over 90% of ACP's mentorships are long-distance. While the COVID crisis and its economic fallout have sharply increased our protege applications, our mentorships have remained intact. Our pairs can connect safely using technology. ACP's approach has always been innovative and unique in many ways. Our team could not have anticipated how the pandemic would change our lives; our leadership's forward-thinking helped maintain our current mentorships and expand our programs to help our veteran's growing need for support. ACP's resourcefulness has become especially important as the job market keeps shifting. Our mentors are also helping our veterans navigate their professional challenges during these unconventional times.


How this organization adapted to changing conditions caused by COVID-19:

ACP’s approach is innovative and unique in many ways. As expressed in our initial response, 90% of our pairs work together in long-distance, career-fitted mentorships. ACP also ensures that any veteran or military spouse coming to us is paired with career-aligned mentors, as we feel these pairings equate to long-term career-related success for our veterans. During COVID, ACP increased our virtual, career-fitted pairings to 100% virtual.


Innovations the organization intends to continue permanently after the pandemic:

ACP has always been prominently virtual. We are placing career-fit above location. Our team will continue pairing using this model, which has at least 90% of our pairs working together using phone calls, email, and video conferencing tools as the primary methods of communication between the mentor and their veterans or military spouses. Additionally, pre-COVID ACP is held in-person events throughout the United States. Our team has successfully shifted to holding virtual webinars and career fairs every Wednesday. We will continue with this practice as we are receiving great feedback and attendance.


Previous: Finance & Accountability  / Next: Leadership & Adaptability

...   Impact & Results


This score estimates the actual impact a nonprofit has on the lives of those it serves, and determines whether it is making good use of donor resources to achieve that impact.


Impact & Results Score

Not Currently Scored

American Corporate Partners cannot currently be evaluated by our Encompass Rating Impact & Results methodology because either (A) it is eligible, but we have not yet received data; (B) we have not yet developed an algorithm to estimate its programmatic impact; (C) its programs are not direct services; or (D) it is not heavily reliant on contributions from individual donors.

Note: The absence of a score does not indicate a positive or negative assessment, it only indicates that we have not yet evaluated the organization.

Learn more about Impact & Results.

Do you work at American Corporate Partners? Join the waitlist for an updated Impact & Results score.


Back to Overall

Additional Information

Unscored

This beta feature is currently viewable only on desktop or tablet screens. Check back later for updates.

Largest Programs

Largest Programs



American Corporate Partners reported its largest program on its FY 2020 Form 990 as:


$3,723,540

Spent in most recent FY

100%

Percent of program expenses


ACP'S MENTORING PROGRAM PROVIDES MENTORSHIP, CAREER COUNSELING AND NETWORKING OPPORTUNITIES TO VETERANS AND ACTIVE DUTY MILITARY SPOUSES.


Previous: Impact & Results  / Next: Culture & Community

...   Leadership & Adaptability


This score provides an assessment of the organization's leadership capacity, strategic thinking and planning, and ability to innovate or respond to changes in constituent demand/need or other relevant social and economic conditions to achieve the organization's mission.


Leadership & Adaptability Score

100

out of 100

The score earned by American Corporate Partners is a passing score.

Encompass Rating V4 provides an evaluation of the organization's Leadership & Adaptability through the nonprofit organization submitting a survey response directly to Charity Navigator.


Back to Overall

Leadership & Adaptability Report

100

of 100 points

Mission

The nonprofit organization presents evidence of strategic thinking through articulating the organization’s mission


American Corporate Partners (ACP) is a national nonprofit organization focused on helping returning veterans and active-duty spouses find their next careers through one-on-one mentoring, networking, and online career advice. More than 1 million veterans are expected to transition from the armed forces to civilian life over the next five years. ACP engages the American people in a unique volunteer opportunity to provide career guidance to returning military as they transition back into civilian life. We believe that the biggest issue facing our returning service members is not unemployment – it’s underemployment. ACP focuses on helping veterans and active-duty spouses find meaningful employment opportunities and develop long-term careers.


Source: Nonprofit submitted responses

Vision

The nonprofit organization presents evidence of strategic thinking through articulating the organization’s vision.


The greatest challenge to veterans is not unemployment but underemployment. Military branches offer their transitioning service members one week of basic exiting workshops. Because of this, many transitioning veterans experience unemployment at some point following their transition and, many times will take lower-paying jobs that don't match their skills or experience. Additionally, their career satisfaction and job retention rates are lower than their civilian counterparts, and depression and anxiety can be much higher. ACP is here to ensure servicemen and women secure careers that match their experience and skillset. We found that veterans gain the adequate knowledge and confidence to transition properly into the civilian sector with the long-term support of an industry professional. ACP veterans have higher starting salaries and higher retention rates; due to the guidance from their mentor and ACP.


Source: Nonprofit submitted responses

Strategic Goals

The nonprofit organization presents evidence of strategic thinking and goal setting through sharing their most important strategic goals.


Goal One: ACP has room for growth. With more than 1 million veterans are expected to transition out of the military in the next 5 years, expanding ACP's outreach efforts to the veteran and military community.

Goal Type: Grow, expand, scale or increase access to the existing programs and services.


Goal Two: ACP consistently collects both qualitative and quantitative data from our mentors and veterans. We analyze this information to create new programs and projects to appeal to the community we serve.

Goal Type: New program(s) based on observed changes in needs among our constituencies/communities served.


Goal Three: ACP relies on our corporate partnerships, individual donors, and grants to keep our mentorships free to our veterans. As we receive more veteran applications, we will need to expand our funding.

Goal Type: Grow, expand, scale or increase access to the existing programs and services.


Source: Nonprofit submitted responses

Leadership Development

The nonprofit provides evidence of investment in leadership development


Describe an investment in leadership

ACP runs our organization very cost-effectively. Every aspect of our program is run internally by our associates. Our entire team begins their ACP employment focusing on learning all aspects of case management and how to support our mentorships properly. When case management is successfully mastered, our staff is encouraged to explore different roles within the organization. Our organizational projects are an excellent opportunity for our team to learn new skills and become leaders with side projects. While managing mentorships, our associates could be working on social media, web and design, outreach, corporate relations, fundraising, training and development, etc. Additionally, our management encourages the staff to work on their professional development and leadership skills through optional training or courses that the staff member wants to attend.

Source: Nonprofit submitted responses

Mobilizing for Mission

The nonprofit provides evidence of leadership through focusing externally and mobilizing resources for the mission.


This organization mobilizes for mission in the following ways:
  • Strategic Partnerships

  • Networks of Collective Impact Efforts

  • Thought Leadership

  • Raising Awareness

  • Community Building

What are this organization’s external mobilizaton efforts?

Half of ACP's board members have invested annually in volunteering as mentors to our veterans and military spouses in our program. Their volunteer experience gives our board members internal knowledge of our program to advocate for the ACP program across multiple platforms. The board member's personal experiences attest to our impact on our veteran community. Our staff is committed to assuring that our mentors and veterans are supported for the entire year of their mentorship. Additionally, our team is engaged in externally mobilizing our mission. Each staff member holds separate responsibilities outside of their mentorship caseload. The responsibilities are raising awareness of ACP's mission through partnerships with other VSOs, foundations, and corporations. Every external initiative is linked internally. Additionally, we market our program to veterans through our outreach program and social media accounts. We strive to bridge the gap in transitioning veterans.

Source: Nonprofit submitted responses

Story of Adaptability

The nonprofit has an opportunity to tell the story of how the organization adapted to tremendous external changes in the last year.


ACP has pivoted to adapt to many external changes in the past year. During the pandemic, the need for our program's support grew exponentially. ACP has received 40% more applications in the past two years. Due to the significant increase in applicants, it was necessary to hire additional staff to keep up with our programmatic needs. Additionally, the past 12 months proved challenging because of periodic unsafe COVID in-office conditions. Our staff shifted between working in person and virtually seamlessly. ACP's training team and new hires were able to work together using video conferencing tools, essentially relieving the existing staff's large workloads. ACP is very fortunate; our mentorship pairing process has always focused on placing mentors and proteges together based on relevant career fits versus locations. Over 90% of ACP's mentorships are long-distance. While the COVID crisis and its economic fallout have sharply increased our protege applications, our mentors have been able to help our transitioning veterans navigate the unprecedented civilian workforce changes. In the past, ACP held in-person career events throughout the United States; due to the social distancing concerns, we shifted to holding events virtually. It has been highly successful and has helped us reach a larger audience. Because of the success, we now hold virtual webinars and hiring events every Wednesday. While the past year has brought many external challenges, we have successfully pivoted the demands because of our leadership's forward-thinking.

Source: Nonprofit submitted responses

Previous: Leadership & Adaptability

...   Culture & Community


This score provides an assessment of the organization's culture and connectedness to the community it serves. Learn more about how and why we rate Culture & Community.


Culture & Community Score

100

out of 100

American Corporate Partners has earned a passing score. The organization provided data about how it listens to constituents (Constituent Feedback) (see report below).

The Culture & Community Beacon is comprised of the following metrics:

  • Constituent Feedback: 100/100 (100% of beacon score)

  • Diversity, Equity, & Inclusion: Not Scored


Back to Overall

Culture & Community Report

100

of 100 points

This beta feature is currently viewable only on desktop or tablet screens. Check back later for updates.

Constituent Feedback

Diversity, Equity, & Inclusion

Not Scored


The organization reported that it is currently only implementing 2 diversity, equity and inclusion (DEI) practices. At this time, organizations must implement 3 or more of these practices in order to be scored on this metric. Charity Navigator believes nonprofit organizations implementing effective DEI policies and practices can enhance a nonprofit's decision-making, staff motivation, innovation, and effectiveness.


View this organization's DEI Strategies


Methodology


We are utilizing data collected by Candid to document and assess the DEI practices implemented by the organization. Nonprofit organizations are encouraged to fill out the Equity Strategies section of their Candid profiles to receive a rating.


Learn more about the methodology.

Constituent Feedback

100/100 points

100% of beacon score


This organization reported that it is collecting feedback from the constituents and/or communities it serves. Charity Navigator believes nonprofit organizations that engage in inclusive practices, such as collecting feedback from the people and communities they serve, may be more effective.


View this organization's Constituent Feedback Practices




Methodology


We've partnered with Candid to survey organizations about their feedback practices. Nonprofit organizations can fill out the How We Listen section of their Candid profile to receive a rating.


Learn more about the methodology.

Analysis and Research


Like the overall Encompass Rating System, the Culture & Community Beacon is designed to evolve as metrics are developed and ready for integration. Below you can find more information about the metrics we currently evaluate in this beacon and their relevance to nonprofit performance.


Constituent Feedback


Diversity, Equity, and Inclusion

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