BELCO WORKS INC (EIN 340975880) - 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

1966

Legal Domicile

Principal Officer

ANNE HANING

Phone

7406950500

Tax Period

2023-01-01 to 2023-12-31

BELCO WORKS INC, founded in 1966, is a community nonprofit in the Employment sector that reported $4.1M in total revenue in fiscal year 2023. Expenses of $3.7M left a modest 10% surplus.

Mission

THE MISSON OF BELCO WORKS IS TO FACILITATE CHOICES THAT PROVIDE DIVERSE AND MEANINGFUL OPPORTUNITIES TO ENHANCE THE QUALITY OF LIFE FOR THE PEOPLE WE SERVE.

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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 $166,275

Program Service Revenue $3,757,810

Investment Income $138,658

Other Revenue $28,991

TOTAL REVENUE $4,091,734

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,901,523

Fundraising Expenses $0

Program Expenses $3,080,878

Other Expenses $784,114

TOTAL EXPENSES $3,685,637

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,091,734	$4,191,457	0.0%
Expenses	$3,685,637	$3,265,835	+0.1%
Net Income	$406,097	$925,622	-0.6%

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

185

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

$153,963

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ED MOWRER	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
JESS PUGLISI-SANDERS	BOARD MEMBER	1.00	Director	$0	$0	$0
JULIE VAVRA DALEY	BOARD MEMBER	1.00	Director	$0	$0	$0
RICHARD MYSER	PRESIDENT	1.00	Officer Director	$0	$0	$0
DIANE THOMPSON	BOARD MEMBER	1.00	Director	$0	$0	$0
JENNIFER KIGER	SECRETARY	1.00	Officer Director	$0	$0	$0
GARY OBLOY	BOARD MEMBER	1.00	Director	$0	$0	$0
ANNE HANING	CEO	40.00	Officer	$85,730	$0	$85,730
KIMBERLY CAIN	OPERATIONS/ QA MANAGER	40.00	Officer	$68,233	$0	$68,233

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	$4,091,734	$3,685,637	$7,842,770	$406,097
2022	$4,191,457	$3,265,835	$7,263,479	$925,622
2021	$4,417,111	$2,919,777	$7,731,516	$1,497,334
2020	$2,859,572	$2,628,245	$6,176,303	$231,327
2019	$3,628,863	$3,496,281	$5,475,576	$132,582
2018	$3,497,053	$3,476,246	$5,029,887	$20,807

BELCO WORKS INC