THE WORK GROUP INC (EIN 222718636) - Form 990 Financial Analysis & Trantor Score

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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

1983

Legal Domicile

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.

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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 (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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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

$257,463

Total Directors

Key Employees

Highest Compensated

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

THE WORK GROUP INC