NATIONAL WORK READINESS COUNCIL INC

EIN: 204857825 501(c)(3)

TALLAHASSEE, FL

Total Revenue
$85,000
Total Expenses
$80,601
Total Assets
$78,377
Net Assets
$33,877
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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
2008
Legal Domicile
FL
Principal Officer
JOSEPH MIZERECK
Phone
8007610907
Tax Period
2019-01-01 to 2019-12-31

NATIONAL WORK READINESS COUNCIL INC, founded in 2008, is a micro nonprofit that reported $85K in total revenue in fiscal year 2019. Expenses of $81K left a modest 5% surplus.

Mission

PROMOTE AND PROVIDE BEST PRACTICE FOUNDATIONAL EMPLOYABILITY SKILLS TRAINING, TESTING AND CREDENTIALING SOLUTIONS.

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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%)

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Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $85,000
Investment Income $0
Other Revenue $0
TOTAL REVENUE $85,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $78,315
Fundraising Expenses $0
Program Expenses $80,601
Other Expenses $2,286
TOTAL EXPENSES $80,601

Year-over-Year Comparison

2019 2018 Change
Revenue $85,000 $85,491 0.0%
Expenses $80,601 $78,328 +0.0%
Net Income $4,399 $7,163 -0.4%
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

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Governance

Voting Members
3
Independent Members
3
Employees
2
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
4
$36,000
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KAREN A COLEMAN DIRECTOR 1.00
Officer
$0 $0 $0
MIKE HUDSON DIRECTOR 1.00
Officer
$0 $0 $0
LANCE DAVIS DIRECTOR 1.00
Officer
$0 $0 $0
JOSEPH MIZERECK EXECUTIVE DIRECTOR 20.00
Officer
$36,000 $0 $36,000
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 $85,000 $80,601 $78,377 $4,399
2018 $85,491 $78,328 $53,728 $7,163
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