THE WORK GROUP INC

EIN: 222718636 501(c)(3)

PENNSAUKEN, NJ

Total Revenue
$1,858,014
Total Expenses
$1,972,888
Total Assets
$1,087,010
Net Assets
$662,843
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1983
Legal Domicile
NJ
Principal Officer
LORI GODOROV
Phone
8564867390
Tax Period
2023-07-01 to 2024-06-30

THE WORK GROUP INC, founded in 1983, is a community nonprofit that reported $1.9M in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion.

Mission

THE WORK GROUP PROVIDES AT-RISK YOUTH IN TRANSITION TO ADULTHOOD WITH THE RESOURCES THEY NEED TO BECOME SELF-DIRECTED, SELF-SUFFICIENT INDIVIDUALS AND PRODUCTIVE, RESPONSIBLE MEMBERS OF THEIR FAMILIES AND COMMUNITIES.

Program Service Accomplishments

Program 1
Expenses: $1,337,263

THE WORK GROUP (TWG) IS A PRIVATE, NONPROFIT CORPORATION WHOSE MISSION IS TO EQUIP AT-RISK YOUTH IN TRANSITION TO ADULTHOOD WITH THE SKILLS, EDUCATION, AND CONFIDENCE TO BECOME SELF-DIRECTED...

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THE WORK GROUP (TWG) IS A PRIVATE, NONPROFIT CORPORATION WHOSE MISSION IS TO EQUIP AT-RISK YOUTH IN TRANSITION TO ADULTHOOD WITH THE SKILLS, EDUCATION, AND CONFIDENCE TO BECOME SELF-DIRECTED, SELF-SUFFICIENT INDIVIDUALS WHO ARE PRODUCTIVE AND RESPONSIBLE MEMBERS OF THEIR FAMILIES AND COMMUNITIES. THE WORK GROUP OPERATES THE NJ YOUTH CORPS OF CAMDEN COUNTY, A VOLUNTARY HIGH SCHOOL DIPLOMA AND WORK READINESS PROGRAM FOR OUT OF SCHOOL YOUTH AGES 16 TO 25. YOUTH CORPS PROVIDES HOLISTIC YOUTH DEVELOPMENT CENTERED PROGRAMMING. IN ADDITION TO ACADEMIC INSTRUCTION, THE WORK GROUP PROVIDES PEOPLE WITH WORK READINESS SKILL TRAINING, COMMUNITY BASED SERVICE PROJECTS, LIFE SKILLS TRAINING, FINANCIAL LITERACY, CUSTOMER SERVICE CREDENTIALING, CASE MANAGEMENT, SUPPORTIVE SERVICES, COUNSELING, AND A HOST OF OTHER SERVICES. WE ACCEPT APPROXIMATELY 80 OUT OF SCHOOL YOUTH ANNUALLY WHO AT ADMISSION HAVE MET THE MINIMUM ENTRANCE CRITERIA OF A 6.0 READING AND MATH GRADE LEVEL. MOST OF OUR STUDENTS ARE 16 TO 24 YEARS OF AGE, AND HAVE BEEN OUT OF SCHOOL AT LEAST TWO YEARS. OVER 90% OF OUR YOUTH CORPS STUDENTS ATTENDED SCHOOL IN CAMDEN CITY, ITS STUDENTS ARE BY DEFINITION AMONG THE LEAST PREPARED IN THE STATE. THEIR LACK OF BELIEF IN THE FUTURE IS EXACERBATED BY ALL THE PROBLEMS ASSOCIATED WITH URBAN POVERTY: INADEQUATE HOUSING AND HOMELESSNESS, UNEMPLOYMENT, DRUG AND ALCOHOL ABUSE, VIOLENT CRIME, DYSFUNCTIONAL FAMILY LIFE, NEGATIVE PEER GROUPS AND SO FORTH. THE WORK GROUP FOCUSES ITS ATTENTION ON THE EDUCATION AND EMPLOYMENT OF CAMDEN'S YOUNG ADULTS THROUGH HIGH-QUALITY, WORK-CENTERED ACTIVITIES, BELIEVING THAT HELPING THEM BECOME EFFECTIVE IN THE WORKPLACE IS THE CLEAREST PATH TO ECONOMIC SELF SUFFICIENCY. THE WORK GROUP'S YOUTH CORPS EXPERIENCE IS A RIGOROUS ONE - A FULL-TIME COMBINATION OF ACADEMICS LEADING TO THE GED, WORK EXPERIENCE THROUGH COMMUNITY SERVICE, WORK READINESS TRAINING, AND CAREER DEVELOPMENT COUNSELING. THIS IS A FULL-TIME EIGHT MONTH PROGRAM WHICH RUNS FIVE DAYS A WEEK, SEVEN HOURS A DAY. THE WORK GROUP IS THE ONLY YOUTH SERVICE AGENCY IN THE STATE OF NJ TO RECEIVE NATIONAL RECOGNITION FOR ITS WORK IN THE FIELD. 85% OF ALL ATTENDEES COMPLETE THE EIGHT MONTH PROGRAM AND BETWEEN 85%-90% OF THESE STUDENTS ARE PLACED IN JOBS OR POST SECONDARY EDUCATION AND TRAINING. ONE THIRD OF ALL PARTICIPANTS OBTAIN THEIR GED WHILE IN THE PROGRAM, DOUBLE THE NATIONAL GED PASS RATE. ON AVERAGE, THE WORK GROUP'S YOUTH CORPS PROVIDES MORE THAN 10,000 HOURS OF SERVICE TO THE COMMUNITY EACH YEAR.

Program 2
Expenses: $542,548 Revenue: $450,537

THE WORK GROUP IS A NEW JERSEY LICENSED SUBSTANCE ABUSE AND BEHAVIORAL HEALTH CENTER FOR INDIVIDUALS 16 YEARS OLD AND OLDER. THE WORK GROUP PROVIDES COUNSELING, GROUP COUNSELING, IOP LEVEL OF CARE...

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THE WORK GROUP IS A NEW JERSEY LICENSED SUBSTANCE ABUSE AND BEHAVIORAL HEALTH CENTER FOR INDIVIDUALS 16 YEARS OLD AND OLDER. THE WORK GROUP PROVIDES COUNSELING, GROUP COUNSELING, IOP LEVEL OF CARE, AND MEDICATION SUPPORT. AT THE CURRENT TIME, THE FOCUS IS ON MEDICAID ELIGIBLE PARTICIPANTS.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,367,603
Program Service Revenue $450,537
Investment Income $24
Other Revenue $39,850
TOTAL REVENUE $1,858,014

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,281,013
Fundraising Expenses $0
Program Expenses $1,879,811
Other Expenses $691,875
TOTAL EXPENSES $1,972,888

Year-over-Year Comparison

2023 2022 Change
Revenue $1,858,014 $1,669,453 +0.1%
Expenses $1,972,888 $1,508,171 +0.3%
Net Income $-114,874 $161,282 -1.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
6
Independent Members
6
Employees
32
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
3
$257,463
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LORI GODOROV EXECUTIVE DI 40.00
Officer
$106,809 $23,021 $129,830
CASEY S JOHNSON CLINICAL DIR 40.00
Officer
$78,330 $29,026 $107,356
CHISOM EMETO FINANCE DIRE 40.00
Officer
$15,185 $5,092 $20,277
LOU ROSNER ESQ BOARD MEMBER 1.00
Director
$0 $0 $0
MARIELLEN O'BRIEN BOARD TREASU 1.00
Director
$0 $0 $0
ANGEL OSORIO BOARD MEMBER 1.00
Director
$0 $0 $0
RICHARD RODRIGUEA BOARD MEMBER 1.00
Director
$0 $0 $0
STEVEN ROSEN BOARD PRESID 1.00
Director
$0 $0 $0
ZACHARY SAMS BOARD MEMBER 1.00
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
2024 $1,858,014 $1,972,888 $1,087,010 $-114,874
2023 $1,669,453 $1,508,171 $986,314 $161,282
2022 $1,360,037 $1,297,764 $774,528 $62,273
2021 $1,310,068 $1,222,445 $812,989 $87,623
2020 $1,138,774 $1,107,856 $675,369 $30,918
2019 $1,030,992 $1,014,264 $579,938 $16,728
2018 $964,397 $991,029 $562,570 $-26,632
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