WORKFORCE AND REVITALIZATION FOR C… - Form 990 Financial Data

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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

2014

Legal Domicile

Phone

8562461130

Tax Period

2018-07-01 to 2019-06-30

WORKFORCE AND REVITALIZATION FOR COMM INC, founded in 2014, is a micro nonprofit that reported $61K in total revenue in fiscal year 2018. Expenses of $274K exceeded revenue, resulting in a 347% operating deficit.

Mission

To address and deliver workforce and economic development activities and programs that cultivate opportunities in the communities we serve within the region

Program Service Accomplishments

Program 1

WERC REVITALIZES NEIGHBORHOODS, STIMULATES SUSTAINABLE ECONOMIC DEVELOPMENT AND EMPOWERS RESIDENTS AND BUSINESSES THROUGH ASSET DEVELOPMENT. THE GOAL IS TO CREATE JOBS, WORKFORCE READINESS, BUSINESS RETENTION/ATTRACTION, DIVERSIFY HOUSING AND COMMERCIAL CORRIDORS AND REVITALIZE COMMUNITY THROUGH ECONOMIC DEVELOPMENT

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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 (2018)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $61,167

Investment Income $0

Other Revenue $0

TOTAL REVENUE $61,167

Expense Breakdown

Grants Paid $0

Salaries & Benefits $215,019

Fundraising Expenses $0

Other Expenses $58,491

TOTAL EXPENSES $273,510

Year-over-Year Comparison

	2018	2017	Change
Revenue	$61,167	$59,707	+0.0%
Expenses	$273,510	$343,884	-0.2%
Net Income	$-212,343	$-284,177	-0.3%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MANGALISO DAVIS	SEC TREAS	1	Director	$0	$0	$0
NEVADA WONROW	VICE CHAIR	1	Director	$0	$0	$0
NAMIBIA EL	CHAIR	1	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
2019	$61,167	$273,510	$680,179	$-212,343
2018	$59,707	$343,884	$954,946	$-284,177

WORKFORCE AND REVITALIZATION FOR COMM INC