Institute for the American Worker (EIN 463062521) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2013

Legal Domicile

Principal Officer

Frank Vernuccio

Phone

2023501480

Tax Period

2023-01-01 to 2023-12-31

Institute for the American Worker, founded in 2013, is a small nonprofit in the Education sector that reported $452K in total revenue in fiscal year 2021. Revenue surged 2414% from the prior year, signaling strong growth momentum. The organization ran a surplus of $255K, a strong 56% operating margin.

Mission

Mentoring sessions w/ lawmakers/staff, media public awareness campaign w/educational materials on labor bills, backgrounders on nominees for government labor positions, reports and op-eds, educational policy briefings

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,034,211

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,034,211

Expense Breakdown

Grants Paid $35,000

Salaries & Benefits $0

Fundraising Expenses $74,595

Program Expenses $464,631

Other Expenses $543,360

TOTAL EXPENSES $635,100

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,034,211	$598,685	+0.7%
Expenses	$635,100	$520,134	+0.2%
Net Income	$399,111	$78,551	+4.1%

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
Terry Bowman	Chairman, Board of Directors	001.00	Officer Director	$0	$0	$0
Jennifer Butler	Secretary, Board of Directors	001.00	Officer Director	$0	$0	$0
Erica Jedynak	Treasurer, Board of Directors	001.00	Officer Director	$0	$0	$0
Grover Norquist	Board of Directors	001.00	Director	$0	$0	$0
Kristina Rasmussen	Vice Chair, Board of Directors	001.00	Officer Director	$0	$0	$0
F Vincent Vernuccio	President	020.00	Officer	$0	$0	$0
Mary Ellen Beatty	Vice President of Communications	015.00	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
2024	No data	No data	No data	No data
2023	$1,034,211	$635,100	$764,256	$399,111
2022	$598,685	$520,134	$389,475	$78,551
2022	$598,685	$520,134	$389,475	$78,551
2021	$452,500	$197,585	$292,600	$254,915

Institute for the American Worker