PROWORKS INC (EIN 411251315) - 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

1975

Legal Domicile

Principal Officer

ARLENE GROSKREUTZ

Phone

3205936257

Tax Period

2023-01-01 to 2023-12-31

PROWORKS INC, founded in 1975, is a community nonprofit in the Human Services sector that reported $2.4M in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion. The organization ran a surplus of $626K, a strong 26% operating margin.

Mission

PROWORKS, INC. IS A PRIVATE, NONPROFIT CORPORATION, LICENSED BY THE MINNESOTA DEPARTMENT OF HUMAN SERVICES, TO PROVIDE ADULT DAY TRAINING AND HABILITATION SERVICES TO PERSONS WITH DEVELOPMENTAL DISABILITIES AND RELATED CONDITIONS. PROWORKS SERVICES ARE BASED ON THE PREMISE THAT EVERY INDIVIDUAL POSSESSES AN INHERENT CAPACITY TO ACHIEVE SOME LEVEL OF INDEPENDENCE. WE PROVIDE TRAINING AND CARE WHICH ENCOURAGES EACH INDIVIDUAL TO DEVELOP OR MAINTAIN THEIR ABILITIES.

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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 $339,632

Program Service Revenue $2,060,420

Investment Income $12,355

Other Revenue $29,262

TOTAL REVENUE $2,441,669

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,180,564

Fundraising Expenses $0

Program Expenses $1,593,563

Other Expenses $634,796

TOTAL EXPENSES $1,815,360

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,441,669	$2,215,240	+0.1%
Expenses	$1,815,360	$1,720,175	+0.1%
Net Income	$626,309	$495,065	+0.3%

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

105

Volunteers

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

$56,762

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ARLENE GROSKREUTZ	PRESIDENT	1.00	Officer Director	$0	$0	$0
TERESA PAUTZKE	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
MICHELLE FISCHER	TREASURER	1.00	Officer Director	$0	$0	$0
ANITA BOESEN	SECRETARY	1.00	Officer Director	$0	$0	$0
PAUL JOHNSON	DIRECTOR	1.00	Director	$0	$0	$0
BRYAN LARSON	DIRECTOR	1.00	Director	$0	$0	$0
JULIE EVENSON	EXECUTIVE DI	40.00	Officer	$56,762	$0	$56,762

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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$2,441,669	$1,815,360	$2,364,612	$626,309
2022	$2,215,240	$1,720,175	$1,760,342	$495,065
2021	$2,252,046	$1,671,870	$1,335,143	$580,176
2020	$1,577,566	$1,387,290	$935,025	$190,276
2019	$1,505,363	$1,473,399	$594,804	$31,964
2018	$1,481,582	$1,450,497	$577,166	$31,085

PROWORKS INC