CENTER FOR WORKING FAMILIES INC (EIN 464464547) - 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

1964

Legal Domicile

Principal Officer

JAMES F PARKS

Phone

4145348285

Tax Period

2023-01-01 to 2023-12-31

CENTER FOR WORKING FAMILIES INC, founded in 1964, is a small nonprofit in the Education sector that reported $928K in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $863K left a modest 7% surplus.

Mission

THE CENTER FOR WORKING FAMILIES, INC. IS A NONPROFIT ORGANIZATION WHICH PERFORMS FUND RAISING AND OUTREACH ACTIVITIES TO SUPPORT THE WORK.

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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 $926,954

Program Service Revenue $0

Investment Income $868

Other Revenue $0

TOTAL REVENUE $927,822

Expense Breakdown

Grants Paid $712,941

Salaries & Benefits $103,295

Fundraising Expenses $77,242

Program Expenses $751,387

Other Expenses $46,278

TOTAL EXPENSES $862,514

Year-over-Year Comparison

	2023	2022	Change
Revenue	$927,822	$827,945	+0.1%
Expenses	$862,514	$795,024	+0.1%
Net Income	$65,308	$32,921	+1.0%

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

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
JAMES F PARKS	PRESIDENT	5.00	Officer Director	$0	$0	$0
MICHAEL PARKS	SECRETARY/TREASURER	1.00	Officer Director	$0	$0	$0
MARY MOOTHART	DIRECTOR	1.00	Director	$0	$0	$0
EDDIE BERNAU JR	DIRECTOR	1.00	Director	$0	$0	$0
SR JUDY CALLAHAN BVM	DIRECTOR	1.00	Director	$0	$0	$0
PATRICK BARRY	DIRECTOR	1.00	Director	$0	$0	$0
WILLIAM JOHNSON SJ	DIRECTOR	1.00	Director	$0	$0	$0
THOMAS WHALEN	DIRECTOR	1.00	Director	$0	$0	$0
PIERRE CHAVEZ	DIRECTOR	1.00	Director	$0	$0	$0
SHAUNA BURBARY	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$927,822	$862,514	$319,716	$65,308
2022	$827,945	$795,024	$250,272	$32,921
2021	$835,104	$853,693	$222,540	$-18,589
2020	$832,942	$942,827	$241,136	$-109,885
2019	$898,754	$989,153	$354,965	$-90,399
2018	$1,083,869	$1,318,970	$419,319	$-235,101

CENTER FOR WORKING FAMILIES INC