SOCIAL SECURITY WORKS

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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

2012

Legal Domicile

Principal Officer

ALEXANDER R LAWSON

Phone

2023673906

Tax Period

2023-01-01 to 2023-12-31

SOCIAL SECURITY WORKS, founded in 2012, is a small nonprofit in the Public & Societal Benefit sector that reported $637K in total revenue in fiscal year 2023. Revenue surged 54% from the prior year, signaling strong growth momentum. Expenses of $583K left a modest 9% surplus.

Mission

THE MISSION OF SOCIAL SECURITY WORKS IS TO: 1)PROTECT AND IMPROVE THE ECONOMIC SECURITY OF DISADVANTAGED; 2) SAFEGUARD THE ECONOMIC SECURITY OF THOSE DEPENDENT, NOW OR IN THE FUTURE,ON SOCIAL SECURITY; AND 3)MAINTAIN SOCIAL SECURITY AS A VEHICLE OF SOCIAL JUSTICE.

Program Service Accomplishments

Program 1

Expenses: $549,759 Revenue: $636,724

COALITION: SOCIAL SECURITY WORKS CONVENES THE STRENGTHEN SOCIAL SECURITY COALITION, A DIVERSE COALITION OF OVER 350 STATE-BASED AND NATIONAL GROUPS REPRESENTING ORGANIZED LABOR, PEOPLE OF COLOR...

COALITION: SOCIAL SECURITY WORKS CONVENES THE STRENGTHEN SOCIAL SECURITY COALITION, A DIVERSE COALITION OF OVER 350 STATE-BASED AND NATIONAL GROUPS REPRESENTING ORGANIZED LABOR, PEOPLE OF COLOR, PEOPLE WITH DISABILITIES, WOMEN, THE LGBT COMMUNITY, VETERANS AND THE NETROOTS.POLICY: SOCIAL SECURITY WORKS IS AN EXPERT AT CREATING TRANSLATIONAL POLICY RESOURCES EXPLAINING COMPLEX POLICY ISSUES IN ACCESSIBLE EVERYDAY LANGUAGE. SSW CREATED NUMEROUS FACT SHEETS AND RESOURCES THAT WERE CRUCIAL IN THE POLITICALLY CHARGED AND FAST-MOVING ENVIRONMENTS OF VARIOUS BUDGET AND FISCAL DEBATES IN WASHINGTON, DC. SSW WAS A LEADING VOICE IN PROMOTING POLICIES TO PROTECT AND IMPROVE THE ECONOMIC SECURITY OF DISADVANTAGED AND AT-RISK POPULATIONS.PUBLIC EDUCATION: SOCIAL SECURITY WORKS EDUCATED THE PUBLIC THROUGH THE MEDIA, ONLINE DISTRIBUTION LISTS, AND OUR WEBSITE TO DISSEMINATE PLAIN LANGUAGE FACT SHEETS AND INFORMATION CONCERNING PROPOSALS THAT WOULD IMPACT OUR SOCIAL SECURITY SYSTEM

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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 $636,656

Program Service Revenue $0

Investment Income $68

Other Revenue $0

TOTAL REVENUE $636,724

Expense Breakdown

Grants Paid $0

Salaries & Benefits $179,935

Fundraising Expenses $6,552

Program Expenses $549,759

Other Expenses $402,585

TOTAL EXPENSES $582,520

Year-over-Year Comparison

	2023	2022	Change
Revenue	$636,724	$413,618	+0.5%
Expenses	$582,520	$681,682	-0.1%
Net Income	$54,204	$-268,064	-1.2%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ERIC KINGSON	PRESIDENT	8.00	Officer Director	$0	$0	$0
NANCY ALTMAN	VICE PRESIDENT	10.00	Officer Director	$0	$0	$0
JONATHAN BALL	SECRETARY/TREASURER	5.00	Officer Director	$0	$0	$0
RICHARD ARENBERG	DIRECTOR	1.00	Director	$0	$0	$0
KATHLEEN CURRIE	DIRECTOR	1.00	Director	$0	$0	$0
ALEXANDER R LAWSON	EXECUTIVE DIR.	40.00	Officer	$0	$0	$0
MICHAEL PHELAN	DEPUTY DIRECTOR	40.00	Officer	$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	$636,724	$582,520	$193,145	$54,204
2022	$413,618	$681,682	$100,629	$-268,064
2021	$654,893	$857,455	$347,286	$-202,562
2020	$1,194,825	$990,503	$559,537	$204,322
2019	$1,117,282	$1,033,093	$357,704	$84,189
2018	$1,068,332	$1,224,596	$306,034	$-156,264