Good Work Institute Inc (EIN 473091614) - 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

2015

Legal Domicile

Principal Officer

Susan Grove

Phone

8452930622

Tax Period

2024-01-01 to 2024-12-31

Good Work Institute Inc, founded in 2015, is a community nonprofit in the Human Services sector that reported $2.5M in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year.

Mission

To strengthen collaboration and encourage transition to regenerative systems.

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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 (2024)

Revenue Breakdown

Contributions & Grants $2,345,994

Program Service Revenue $13,490

Investment Income $52,824

Other Revenue $49,986

TOTAL REVENUE $2,462,294

Expense Breakdown

Grants Paid $1,759,050

Salaries & Benefits $613,177

Fundraising Expenses $64,650

Program Expenses $2,379,331

Other Expenses $228,383

TOTAL EXPENSES $2,600,610

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,462,294	$2,681,317	-0.1%
Expenses	$2,600,610	$3,164,592	-0.2%
Net Income	$-138,316	$-483,275	-0.7%

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

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

$180,561

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Kate Cox	Director	0.50	Director	$0	$0	$0
Vonda Brunsting	President	0.50	Officer Director	$0	$0	$0
Erica Brown	Director	0.50	Director	$0	$0	$0
Alison Lamb	Director	0.50	Director	$0	$0	$0
David Brownstein	Treasurer	1.00	Officer Director	$0	$0	$0
Caitlin Dourmashkin	CFO (Through September)	32.00	Officer	$95,264	$19,764	$115,028
Susan Grove	CFO (Beginning September)	32.00	Officer	$65,533	$0	$65,533

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	$2,462,294	$2,600,610	$2,492,713	$-138,316
2023	$2,681,317	$3,164,592	$2,638,749	$-483,275
2022	$4,161,497	$2,578,637	$3,134,684	$1,582,860
2021	$1,831,903	$1,784,430	$1,573,470	$47,473

Good Work Institute Inc