TOWARDS EMPLOYMENT INC

EIN: 341578831 501(c)(3) Employment

CLEVELAND, OH

Total Revenue
$6,290,566
Total Expenses
$6,300,999
Total Assets
$6,803,098
Net Assets
$5,323,748
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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
1988
Legal Domicile
OH
Principal Officer
JILL RIZIKA
Phone
2166965750
Tax Period
2023-01-01 to 2023-12-31

TOWARDS EMPLOYMENT INC, founded in 1988, is a community nonprofit in the Employment sector that reported $6.3M in total revenue in fiscal year 2023. Revenue decreased 8% compared to the prior year.

Mission

EMPOWERING INDIVIDUALS TO ACHIEVE AND MAINTAIN SELF-SUFFICIENCY THROUGH EMPLOYMENT.

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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 $4,532,957
Program Service Revenue $1,743,486
Investment Income $66,457
Other Revenue $-52,334
TOTAL REVENUE $6,290,566

Expense Breakdown

Grants Paid $386,123
Salaries & Benefits $4,307,275
Fundraising Expenses $366,783
Program Expenses $5,030,012
Other Expenses $1,607,601
TOTAL EXPENSES $6,300,999

Year-over-Year Comparison

2023 2022 Change
Revenue $6,290,566 $6,811,464 -0.1%
Expenses $6,300,999 $5,986,567 +0.1%
Net Income $-10,433 $824,897 -1.0%
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
28
Independent Members
28
Employees
81
Volunteers
100

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
6
$295,831
Total Directors
28
$0
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN ALLERDING PRESIDENT 1.00
Officer Director
$0 $0 $0
SHENISE JOHNSON-THOMAS VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
BOLA MAJEKODUNMI SECRETARY 1.00
Officer Director
$0 $0 $0
DOUG BENJAMIN TREASURER 1.00
Officer Director
$0 $0 $0
AMY RICHMOND BOARD MEMBER 1.00
Director
$0 $0 $0
BRENT CARSON BOARD MEMBER 1.00
Director
$0 $0 $0
BRIAN KELLY BOARD MEMBER 1.00
Director
$0 $0 $0
CARRIE ROSENFELT BOARD MEMBER 1.00
Director
$0 $0 $0
CLAUDIA CASTILLO BOARD MEMBER 1.00
Director
$0 $0 $0
CONOR DOYLE BOARD MEMBER 1.00
Director
$0 $0 $0
COURTNEY GRANDON BOARD MEMBER 1.00
Director
$0 $0 $0
DEBORAH BIBB BOARD MEMBER 1.00
Director
$0 $0 $0
EVAN CROWS BOARD MEMBER 1.00
Director
$0 $0 $0
JOCELYN ROSNICK BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN REYNOLDS BOARD MEMBER 1.00
Director
$0 $0 $0
JOSH CROCKER BOARD MEMBER 1.00
Director
$0 $0 $0
LEONORA YURICHAK BOARD MEMBER 1.00
Director
$0 $0 $0
LESSIE MILTON JONES BOARD MEMBER 1.00
Director
$0 $0 $0
LISA GRIFFIN BOARD MEMBER 1.00
Director
$0 $0 $0
MELANIE WEBBER BOARD MEMBER 1.00
Director
$0 $0 $0
MELISSA BURROWS BOARD MEMBER 1.00
Director
$0 $0 $0
MICHAEL COXON BOARD MEMBER 1.00
Director
$0 $0 $0
MICHAEL DICESARE BOARD MEMBER 1.00
Director
$0 $0 $0
MICHAEL LEPRO BOARD MEMBER 1.00
Director
$0 $0 $0
OMID SATTARIAN BOARD MEMBER 1.00
Director
$0 $0 $0
SHANELLE SMITH WHIGHAM BOARD MEMBER 1.00
Director
$0 $0 $0
TIFFANY SHORT BOARD MEMBER 1.00
Director
$0 $0 $0
YOLANDA HOHMAN BOARD MEMBER 1.00
Director
$0 $0 $0
JILL RIZIKA PRESIDENT & CEO 40.00
Officer
$152,692 $9,641 $162,333
COLEENE MCDEVITT CHIEF FINANCIAL OFFICER 40.00
Officer
$114,843 $18,655 $133,498
ADAORA SCHMIEDL EMPLOYEE 40.00
Highest
$107,841 $0 $107,841
BOB GIEBEL EMPLOYEE 40.00
Highest
$106,887 $0 $106,887
STACI WAMPLER EMPLOYEE 40.00
Highest
$102,501 $0 $102,501
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 $6,290,566 $6,300,999 $6,803,098 $-10,433
2023 $6,290,566 $6,300,999 $6,803,098 $-10,433
2022 $6,811,464 $5,986,567 $7,022,387 $824,897
2021 $7,300,281 $5,335,307 $4,759,374 $1,964,974
2020 $5,778,021 $4,875,087 $3,580,119 $902,934
2019 $5,231,439 $5,150,025 $2,379,109 $81,414
2018 $5,179,083 $5,021,965 $2,402,658 $157,118
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