CAMBRIDGE, MA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)SOLUTIONS AT WORK INC, founded in 1989, is a small nonprofit in the Human Services sector that reported $245K in total revenue in fiscal year 2024. Revenue fell 79% from the prior year — a significant decline worth monitoring. Expenses of $382K exceeded revenue, resulting in a 56% operating deficit.
BREAK THE CYCLE OF POVERTY AND HOMELESSNESS BY PROVIDING INDIVIDUALS AND FAMILIES WITH THE OPPORTUNITIES TO STRENGTHEN THEIR SELF-CONFIDENCE, PROFESSIONAL SKILLS AND FINANCIAL STABILITY. THE ORGANIZATION EVISIONS A GREATER BOSTON WHERE HOMELESSNESS AND POOR PEOPLE HAVE THE RESOURCES, OPPORTUNITIES AND PARTNERS NEEDED TO ACHIEVE SELF SUFFICIENCY. THE ORGANIZATION SERVE APPROXIMATELY 6,000 PEOPLE LIVING IN POVERTY ANNUALLY. THE ORGANIZATION'S PROGRAM PROVIDE THE FOLLOWING RESOURCES BECAUSE COUNTLESS LOCAL HOMELESS PEOPLE HAVE TOLD THE ORGANIZATION TIME AND A GAIN THAT THESE ARE PRECISELY THE THINGS THEY NEED TO GET THIER LIVES BACK ON TRACK.
SERVICESSEE ATTACHED SCHEDULE O
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $245,083 | $1,144,848 | -0.8% |
| Expenses | $381,967 | $1,405,071 | -0.7% |
| Net Income | $-136,884 | $-260,223 | -0.5% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| PARIS SWINDLE | SECRETARY | 5.00 |
Officer
Director
|
$31,000 | $0 | $31,000 |
| ALICE KIDDER | PRESIDENT | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| TAMRA BLAKE | TREASURER | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| JAMES BROWN | DIRECTOR | 5.00 |
Director
|
$0 | $0 | $0 |
| DANIA DE JESUS | DIRECTOR | 5.00 |
Director
|
$0 | $0 | $0 |
| THOMAS BINGHAM | DIRECTOR | 5.00 |
Director
|
$0 | $0 | $0 |
| HAROLD RAYMOND | DIRECTOR | 5.00 |
Director
|
$0 | $0 | $0 |
| HEATHER DEBRAU | DIRECTOR | 5.00 |
Director
|
$0 | $0 | $0 |
| DEBRA CLARKE | DIRECTOR | 5.00 |
Director
|
$0 | $0 | $0 |
| MILTON JONES | DIRECTOR | 5.00 |
Director
|
$0 | $0 | $0 |
| WILFORD LOUISSANT | DIRECTOR | 5.00 |
Director
|
$0 | $0 | $0 |
| FAY WHITE | DIRECTOR | 5.00 |
Director
|
$0 | $0 | $0 |
| DYLAN PRICE | DIRECTOR | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| PRESTON BARBER | DIRECTOR | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| ABDULKADIR HUSSEIN | DIRECTOR | 5.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $245,083 | $381,967 | $61,743 | $-136,884 |
| 2024 | No data | No data | No data | No data |
| 2023 | $3,226,298 | $3,225,450 | $699,936 | $848 |
| 2021 | $3,226,295 | $2,905,505 | $698,897 | $320,790 |
| 2020 | $371,643 | $396,298 | $250,524 | $-24,655 |
Compare SOLUTIONS AT WORK INC with other nonprofits in Massachusetts and across the country.