THE WORKING WORLD INC

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2005

Legal Domicile

Principal Officer

BRENDAN MARTIN

Phone

6462574144

Tax Period

2023-01-01 to 2023-12-31

THE WORKING WORLD INC, founded in 2005, is a community nonprofit in the Community Improvement sector that reported $9.6M in total revenue in fiscal year 2023. Revenue grew 20% year-over-year, indicating healthy expansion. Expenses of $10.9M exceeded revenue, resulting in a 14% operating deficit.

Mission

SEED COMMONS IS AN APPLIED RESEARCH ORGANIZATION STUDYING, TESTING, ASSESSING AND IMPLEMENTING BEST PRACTICES FOR COMMUNITY ECONOMIC DEVELOPMENT THROUGH THE EXPANSION OF DEMOCRATIC ENTERPRISE AND COMMUNITY-CONTROLLED NON-EXTRACTIVE CAPITAL.

Program Service Accomplishments

Program 1

Expenses: $10,123,020 Revenue: $1,202,104

IN 2023, SEED COMMONS (THE ORGANIZATION) MADE 73 BELOW-MARKET RATE LOANS TO 50 DEMOCRATIC ENTERPRISES WHICH BENEFITED OVER 3,000 WORKER-OWNERS. OF THOSE 73 LOANS, 66 WERE MADE TO COOPERATIVE...

IN 2023, SEED COMMONS (THE ORGANIZATION) MADE 73 BELOW-MARKET RATE LOANS TO 50 DEMOCRATIC ENTERPRISES WHICH BENEFITED OVER 3,000 WORKER-OWNERS. OF THOSE 73 LOANS, 66 WERE MADE TO COOPERATIVE BUSINESSES IN THE U.S. AND 7 WERE MADE IN NICARAGUA. SEED COMMONS CONTINUES TO FOCUS ITS WORK IN COMMUNITIES WHOSE POPULATIONS ARE LOW-INCOME, MARGINALIZED, AND AT-RISK. THE LOAN SELECTION PROCESS INVOLVES A DOUBLE BOTTOM LINE, WHEREIN WE ASSESS THE BUSINESS PLAN TO MEASURE THE PROJECTED YIELD IN FINANCIAL BENEFIT TO THE COOPERATIVE AND ALSO MEASURE THE SOCIAL IMPACT, WHICH CAN INCLUDE SUCH QUANTIFIABLE PARAMETERS AS INCOME ENHANCEMENT (ESPECIALLY WHEN RISING ABOVE THE POVERTY LINE), INCREASED EMPLOYMENT, AND MORE ABSTRACT VARIABLES SUCH AS CAPACITY DEVELOPMENT AND INCREASED COMMUNITY STABILITY. OUR LOANS HAVE SUBSTANTIALLY INCREASED THE CAPITAL OF THE ENTERPRISE IN THREE CATEGORIES: FINANCIAL, HUMAN AND SOCIAL. THESE LOANS IMPROVED THE FINANCIAL SITUATIONS OF THESE SMALL BUSINESSES AND, IN MOST CASES, ALSO RESULTED IN A SUBSTANTIAL INCREASE IN PRODUCTION AND EMPLOYMENT.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $7,174,471

Program Service Revenue $1,190,474

Investment Income $1,204,790

Other Revenue $11,630

TOTAL REVENUE $9,581,365

Expense Breakdown

Grants Paid $3,867,704

Salaries & Benefits $3,324,970

Fundraising Expenses $239,896

Program Expenses $10,123,020

Other Expenses $3,737,562

TOTAL EXPENSES $10,946,830

Year-over-Year Comparison

	2023	2022	Change
Revenue	$9,581,365	$7,986,885	+0.2%
Expenses	$10,946,830	$6,499,540	+0.7%
Net Income	$-1,365,465	$1,487,345	-1.9%

Key Indicators

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

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$650,984

Total Directors

$250,151

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARGO DALAL	SECRETARY, EXECUTIVE DIRECTOR (DCWF)	42.00	Officer Director	$87,292	$9,683	$96,975
ANDREW DELMONTE	DIRECTOR, EXEC DIR (COOP BUFFALO)	42.00	Director	$62,107	$8,344	$70,451
EMILY LERMAN	DIRECTOR, PROJECT OFFICER (BRED)	22.00	Director	$38,300	$408	$38,708
EDWARD LEROY WHITFIELD	PRESIDENT, SENIOR FELLOW	12.00	Officer Director	$43,580	$437	$44,017
GUADALUPE LUPE ROMERO ELICEA	TREASURER	2.00	Officer Director	$0	$0	$0
KRISTEN BARKER	DIRECTOR	2.00	Director	$0	$0	$0
ANDREA GOLDEN	DIRECTOR	2.00	Director	$0	$0	$0
GILDA HAAS	DIRECTOR	2.00	Director	$0	$0	$0
BRIANA SIDNEY	DIRECTOR	2.00	Director	$0	$0	$0
GHISLAIN GUIEBO	DIRECTOR	2.00	Director	$0	$0	$0
BRENDAN MARTIN	CO-EXECUTIVE DIRECTOR	40.00	Officer	$124,953	$20,232	$145,185
KAREN HASKINS	DIRECTOR OF FINANCE	40.00	Officer	$107,372	$8,825	$116,197
KATE KHATIB	CO-EXECUTIVE DIRECTOR	40.00	Officer	$129,590	$4,331	$133,921
MARIA ELENA DEL VALLE	MANAGING DIRECTOR	40.00	Officer	$106,124	$8,565	$114,689

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	No data	No data	No data	No data
2023	$9,581,365	$10,946,830	$81,765,852	$-1,365,465
2022	$7,986,885	$6,499,540	$77,022,754	$1,487,345
2021	$16,372,091	$3,772,005	$67,837,325	$12,600,086
2020	$4,362,169	$3,093,634	$22,442,034	$1,268,535
2019	$3,890,758	$2,625,291	$11,917,862	$1,265,467
2018	$3,163,950	$2,215,460	$9,019,879	$948,490