Brooklyn, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Freelancers Union Inc, founded in 2005, is a community nonprofit that reported $1.4M in total revenue in fiscal year 2023. Revenue surged 22% from the prior year, signaling strong growth momentum. Expenses of $1.2M left a modest 12% surplus.
FREELANCERS UNION, INC. REPRESENTS THE NEEDS AND CONCERNS OF THE GROWING INDEPENDENT WORKFORCE THROUGH ADVOCACY, INFORMATION, AND SERVICE. THE MEMBERSHIP CONSISTS OF INDEPENDENT WORKERS - FREELANCERS, CONSULTANTS, TEMPS, PART-TIMERS, AND CONTINGENT EMPLOYEES. THE ORGANIZATION PROMOTES AND ENGAGES IN PUBLIC AWARENESS CAMPAIGNS AND EDUCATIONAL ACTIVITIES SUCH AS LECTURES, CONFERENCES AND WORKSHOPS. THE ORGANIZATION MAINTAINS AN ONLINE COMMUNITY FOR INDEPENDENT WORKERS AND OTHER INTERESTED ORGANIZATIONS, SUCH AS MEMBERSHIP ORGANIZATIONS ASSOCIATION, GUILDS, NON-PROFIT GROUPS AND UNIONS. THE ORGANIZATION EXPANDS ACCESS TO HEALTH CARE FOR UNINSURED INDEPENDENT AND LOW-INCOME WORKERS THROUGH THE DEVELOPMENT AND OPERATION OF A DEMONSTRATION PROGRAM THAT CONNECTS SUCH WORKERS TO PORTABLE AND AFFORDABLE INSURANCE BENEFITS PREVIOUSLY UNAVAILABLE TO FREELANCERS, AS WELL AS ENGAGING IN SUCH RESEARCH AND PROVIDING EDUCATIONAL WORKSHOPS FOR MEMBERS, THE GENERAL PUBLIC, OTHER NON-PROFIT ORGANIZATIONS
PORTABLE BENEFITS NETWORK - MAINTAIN DISCRETIONARY GROUP STATUS AND LINK UNINSURED INDEPENDENT AND LOW-INCOME WORKERS TO AN INNOVATIVE SOCIAL SAFETY NET OF INSURANCE BENEFITS (HEALTH, LIFE AND...
PORTABLE BENEFITS NETWORK - MAINTAIN DISCRETIONARY GROUP STATUS AND LINK UNINSURED INDEPENDENT AND LOW-INCOME WORKERS TO AN INNOVATIVE SOCIAL SAFETY NET OF INSURANCE BENEFITS (HEALTH, LIFE AND DISABILITY AND OTHER TRADITIONAL WORKPLACE BENEFITS) NOT PREVIOUSLY AVAILABLE TO FREELANCERS AS THEY MOVE FROM JOB TO JOB.
EDUCATION AND ADVOCACY PROVIDES PRACTICAL INFORMATION AND BROAD RANGE OF RESOURCES TO INDEPENDENT WORKERS, POLICYMAKERS, MEDIA AND THE PUBLIC, INCLUDING WORKSHOPS AND REFERRALS FOR INDEPENDENT...
EDUCATION AND ADVOCACY PROVIDES PRACTICAL INFORMATION AND BROAD RANGE OF RESOURCES TO INDEPENDENT WORKERS, POLICYMAKERS, MEDIA AND THE PUBLIC, INCLUDING WORKSHOPS AND REFERRALS FOR INDEPENDENT WORKERS ON THE LEGAL AND TAX CONSIDERATIONS OF WORKING INDEPENDENTLY, POLICY UPDATES TO FREELANCERS AND POLICYMAKERS, AND RESEARCH AND ANALYSIS TO THE MEDIA AND GENERAL PUBLIC ON THE CHANGING NATURE OF THE ECONOMY.
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)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $1,393,799 | $1,145,772 | +0.2% |
| Expenses | $1,225,990 | $969,730 | +0.3% |
| Net Income | $167,809 | $176,042 | 0.0% |
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 |
|---|---|---|---|---|---|---|
| RAFAEL ESPINAL | EXEC. DIRECTOR | 28.0 |
Officer
Director
|
$186,175 | $9,568 | $202,163 |
| HANAN KOLKO | CHAIR | 1.0 |
Officer
Director
|
$0 | $0 | $0 |
| TRISALA CHANDARIA | SECRETARY/TREASURER | 1.0 |
Officer
Director
|
$0 | $0 | $0 |
| INA CHANG | DIRECTOR | 1.0 |
Director
|
$0 | $0 | $0 |
| OHAD FOLMAN | DIRECTOR | 1.0 |
Director
|
$0 | $0 | $0 |
| JULIE SAMUELS | DIRECTOR (AS OF 6/1/23) | 1.0 |
Director
|
$0 | $0 | $0 |
| ELLE TOUSSI | DIRECTOR | 1.0 |
Director
|
$0 | $0 | $0 |
| LAURA WISE | DIRECTOR (AS OF 6/1/23) | 1.0 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $1,393,799 | $1,225,990 | $1,586,848 | $167,809 |
| 2022 | $1,145,772 | $969,730 | $15,657,941 | $176,042 |
| 2021 | $1,438,668 | $768,541 | $15,631,208 | $670,127 |
| 2020 | $932,148 | $808,994 | $16,085,898 | $123,154 |
| 2019 | $868,441 | $1,082,122 | $15,650,089 | $-213,681 |
| 2018 | $1,099,944 | $746,140 | $15,489,811 | $353,804 |
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