WORKABILITIES INC (EIN 411230842) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1954

Legal Domicile

Principal Officer

BRENT WILLIAMS

Phone

7635411844

Tax Period

2023-01-01 to 2023-12-31

WORKABILITIES INC, founded in 1954, is a community nonprofit in the Employment sector that reported $6.4M in total revenue in fiscal year 2023. Revenue decreased 16% compared to the prior year. Expenses of $5.9M left a modest 8% surplus.

Mission

THE ORGANIZATION'S MISSION IS TO SUPPORT PEOPLE WITH DEVELOPMENTAL DISABILITIES IN ACQUIRING THE SKILLS THEY NEED TO PARTICIPATE IN THE COMMUNITY BY PROVIDING THE NECESSARY EDUCATION AND TRAINING TO THESE INDIVIDUALS TO ALLOW THEM TO ACCOMPLISH THEIR GOALS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $28,399

Program Service Revenue $6,274,868

Investment Income $70,565

Other Revenue $0

TOTAL REVENUE $6,373,832

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,742,705

Fundraising Expenses $0

Program Expenses $5,045,950

Other Expenses $1,109,739

TOTAL EXPENSES $5,852,444

Year-over-Year Comparison

	2023	2022	Change
Revenue	$6,373,832	$7,576,578	-0.2%
Expenses	$5,852,444	$5,390,275	+0.1%
Net Income	$521,388	$2,186,303	-0.8%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

227

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

$249,363

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LUANA BALL	Executive Direc	40.00	Officer	$127,028	$0	$127,028
BRENT WILLIAMS	BUSINESS MGR	40.00	Officer	$122,335	$0	$122,335
MAGNUS BENSON	Director	1.00	Director	$0	$0	$0
DAVID BANKER	Director	1.00	Director	$0	$0	$0
TRUDY LERNER	Vice President	1.00	Officer Director	$0	$0	$0
ELAINE HEISS	Director	1.00	Director	$0	$0	$0
KATIE ALEXANDER	Director	1.00	Director	$0	$0	$0
LAURA EATON	Director	1.00	Director	$0	$0	$0
KATHY STEFFEN	President	1.00	Officer Director	$0	$0	$0
CAROL THERSLEFF	Director	1.00	Director	$0	$0	$0
NATALIE KERNS	Director	1.00	Director	$0	$0	$0
SUSAN PAULSON	Director	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	No data	No data	No data	No data
2023	$6,373,832	$5,852,444	$6,978,551	$521,388
2022	$7,576,578	$5,390,275	$6,196,591	$2,186,303
2021	$5,338,253	$3,713,916	$5,284,720	$1,624,337
2020	$2,012,021	$2,727,898	$3,462,528	$-715,877
2019	$4,988,273	$4,696,907	$3,719,654	$291,366

WORKABILITIES INC