SOCIAL SECURITY WORKS

EIN: 461373125 Public & Societal Benefit

WASHINGTON, DC

Total Revenue
$636,724
Total Expenses
$582,520
Total Assets
$193,145
Net Assets
$119,801
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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
DC
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.

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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 $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

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Governance

Voting Members
5
Independent Members
3
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
5
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
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
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