Fuerza LaboralPower of Workers

EIN: 205428607 501(c)(3) Education

Central Falls, RI

Total Revenue
$725,603
Total Expenses
$435,310
Total Assets
$1,059,363
Net Assets
$760,805
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
RI
Principal Officer
Heiny Maldonado
Phone
4017252700
Tax Period
2023-01-01 to 2023-12-31

Fuerza LaboralPower of Workers, founded in 2006, is a small nonprofit in the Education sector that reported $726K in total revenue in fiscal year 2023. Revenue surged 103% from the prior year, signaling strong growth momentum. The organization ran a surplus of $290K, a strong 40% operating margin.

Mission

Fuerza Laboral is a workers' rights center whose mission is to shift the balance of power in our economy in favor of workers by educating, training, and organizing workers to become community leaders; taking direct action to recover unpaid wages and improve workplace conditions; organizing to win institutional changes that will better prevent injustices; and, with our Cooperative Incubator Project, constructing a network of cooperative-owned businesses that will provide living wage employment as an alternative to the low- wage, exploitative jobs typically reserved for immigrants and people of color

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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 (2023)

Revenue Breakdown

Contributions & Grants $721,530
Program Service Revenue $0
Investment Income $4,073
Other Revenue $0
TOTAL REVENUE $725,603

Expense Breakdown

Grants Paid $0
Salaries & Benefits $303,790
Fundraising Expenses $0
Program Expenses $377,601
Other Expenses $131,520
TOTAL EXPENSES $435,310

Year-over-Year Comparison

2023 2022 Change
Revenue $725,603 $356,574 +1.0%
Expenses $435,310 $345,581 +0.3%
Net Income $290,293 $10,993 +25.4%
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

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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
7
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
5
$100,411
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Miguel Garcia President 10.00
Officer Director
$0 $0 $0
Noliva Mendoza Director 3.00
Director
$0 $0 $0
Patrick Quinn Treasurer 6.00
Officer Director
$0 $0 $0
Mabel Gutierrez Director 3.00
Director
$0 $0 $0
Etna Trujillo Director 3.00
Director
$0 $0 $0
Michelle Arias-Santabay Vice-President 8.00
Officer Director
$0 $0 $0
Wanda Baez Secretary 6.00
Officer Director
$0 $0 $0
Heiny Maldonado Executive Director 40.00
Officer
$83,037 $17,374 $100,411
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 $725,603 $435,310 $1,059,363 $290,293
2022 $356,574 $345,581 $473,998 $10,993
2021 $444,298 $290,105 $466,954 $154,193
2020 $557,291 $322,868 $344,654 $234,423
2019 $203,499 $204,937 $77,359 $-1,438
2018 $242,284 $174,920 $78,386 $67,364
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