SOLUTIONS AT WORK INC (EIN 043262577) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1989

Legal Domicile

Principal Officer

PARIS SWINDLE

Phone

6175760039

Tax Period

2024-01-01 to 2024-12-31

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.

Mission

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.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $244,932

Program Service Revenue $150

Investment Income $1

Other Revenue $0

TOTAL REVENUE $245,083

Expense Breakdown

Grants Paid $0

Salaries & Benefits $168,803

Fundraising Expenses $1,480

Program Expenses $133,366

Other Expenses $213,164

TOTAL EXPENSES $381,967

Year-over-Year Comparison

	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%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✓ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$31,000

Total Directors

$31,000

Key Employees

Highest Compensated

reported

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

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

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

SOLUTIONS AT WORK INC