{"data":{"id":"us/20-cfr-683.295","jurisdiction":"us","citation":"20 CFR 683.295","heading":"Is earning of profit allowed under the Workforce Innovation and Opportunity Act?","body":"(a)(1) Under secs. 121(d), 122(a) and 134(b) of WIOA, for-profit entities are eligible to be one-stop operators, service providers, and eligible training providers.\n(2) Where for-profit entities are one-stop operators, service providers, and eligible training providers, and those entities are recipients of Federal financial assistance, the recipient or subrecipient and the for-profit entity must follow 2 CFR 200.323.\n(b) For programs authorized by other sections of WIOA, 2 CFR 200.400(g) prohibits earning and keeping of profit in Federal financial assistance unless expressly authorized by the terms and conditions of the Federal award.\n(c) Income earned by a public or private nonprofit entity may be retained by such entity only if such income is used to continue to carry out the program.","path":["Title 20—Employees' Benefits","CHAPTER V—EMPLOYMENT AND TRAINING ADMINISTRATION, DEPARTMENT OF LABOR","PART 683—ADMINISTRATIVE PROVISIONS UNDER TITLE I OF THE WORKFORCE INNOVATION AND OPPORTUNITY ACT","Subpart B—Administrative Rules, Costs, and Limitations"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-20.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:24:45Z","sha256":"9b5d9dd1252b4b5978e340079cb3d52dbac4b46259b90e3a41f55e805bd7cf22","source_id":"us-cfr","stale":true,"prev":"us/20-cfr-683.290","next":"us/20-cfr-683.300"},"notice":"GroundRules: Original legal text. Not legal advice."}
