JANE ADDAMS RESOURCE CORPORATION -… - Form 990 Financial Data

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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

REGAN BREWER JOHNSON

Phone

7737289769

Tax Period

2022-07-01 to 2023-06-30

JANE ADDAMS RESOURCE CORPORATION - BALTIMORE, founded in 2015, is a community nonprofit in the Employment sector that reported $1.4M in total revenue in fiscal year 2022. Revenue surged 47% from the prior year, signaling strong growth momentum.

Mission

THE JANE ADDAMS RESOURCE CORPORATION - BALTIMORE PROMOTES STRONG COMMUNITIES, BUSINESSES AND HOUSEHOLDS TO ENSURE THAT PEOPLE WHO WORK DO NOT LIVE IN POVERTY. THE ORGANIZATION PROVIDES HIGH QUALITY SKILLS TRAINING AND SUPPORT SERVICES TO HELP LOWER INCOME AND UNEMPLOYED WORKERS ACHIEVE SELF-SUFFICIENCY. THE ORGANIZATION PROVIDES ECONOMIC AND WORKFORCE DEVELOPMENT TO BUSINESSES TO IMPROVE THEIR COMPETITIVENESS.

Program Service Accomplishments

Program 1

Expenses: $534,970 Revenue: $20,629

COMPUTER NUMERICAL CONTROL (CNC) FAST TRACK - THE CNC FAST TRACK PROGRAM OFFERS 500 HOURS (20 WEEKS) OF HANDS-ON CNC MACHINE TRAINING. THE CURRICULUM PREPARES STUDENTS FOR ENTRY-LEVEL CNC OPERATOR...

COMPUTER NUMERICAL CONTROL (CNC) FAST TRACK - THE CNC FAST TRACK PROGRAM OFFERS 500 HOURS (20 WEEKS) OF HANDS-ON CNC MACHINE TRAINING. THE CURRICULUM PREPARES STUDENTS FOR ENTRY-LEVEL CNC OPERATOR POSITIONS BUT ALSO TRAINS STUDENTS IN SKILL SETS THAT ALLOW THEM TO ADVANCE UP THE CAREER LADDER INTO POSITIONS SUCH AS CNC SET-UP, PROGRAMMING AND QUALITY CONTROL.

Program 2

Expenses: $571,723 Revenue: $22,046

WELDING FAST TRACK - THE WELDING FAST TRACK PROGRAM OFFERS 500 HOURS (20 WEEKS) OF HANDS-ON TRAINING, FOCUSED ON SHIELDED ARC WELDING (SMAW OR STICK). TRAINEES ARE ALSO ABLE TO DEVELOP SOME BASIC...

WELDING FAST TRACK - THE WELDING FAST TRACK PROGRAM OFFERS 500 HOURS (20 WEEKS) OF HANDS-ON TRAINING, FOCUSED ON SHIELDED ARC WELDING (SMAW OR STICK). TRAINEES ARE ALSO ABLE TO DEVELOP SOME BASIC SKILLS IN TUNGSTEN INERT GAS (TIG) WELDING AND ROBOTIC WELDING. EXPOSURE TO OTHER TYPES OF WELDING MAKES TRAINEES MORE ATTRACTIVE TO EMPLOYERS AND SUPPORTS THEIR CAREER ADVANCEMENT.

Program 3

Expenses: $208,434 Revenue: $8,037

MANUFACTURING FUNDAMENTALS - THE PROGRAM PREPARES JOB SEEKERS FOR ADVANCED MANUFACTURING TRAINING PROGRAMS, SUCH AS CNC AND WELDING FAST TRACK PROGRAMS, OR FOR ENTRY LEVEL EMPLOYMENT IN MANUFACTURING...

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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 (2022)

Revenue Breakdown

Contributions & Grants $1,382,381

Program Service Revenue $51,149

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,433,530

Expense Breakdown

Grants Paid $0

Salaries & Benefits $865,739

Fundraising Expenses $2,115

Program Expenses $1,326,433

Other Expenses $525,808

TOTAL EXPENSES $1,391,547

Year-over-Year Comparison

	2022	2021	Change
Revenue	$1,433,530	$975,884	+0.5%
Expenses	$1,391,547	$1,139,264	+0.2%
Net Income	$41,983	$-163,380	-1.3%

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

$158,728

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TAMMY PHILLIPS	CHAIR	2.00	Officer Director	$0	$0	$0
DARNELL SHIELDS	VICE CHAIR (CHICAGO)	2.00	Officer Director	$0	$0	$0
TEAERA STRUM	VICE CHAIR	2.00	Officer Director	$0	$0	$0
LINDSEY BRICKLE	VICE CHAIR (RHODE ISLAND)	2.00	Officer Director	$0	$0	$0
ANDREW BRAY	SECRETARY	2.00	Officer Director	$0	$0	$0
BRETT MUELLER	TREASURER	2.00	Officer Director	$0	$0	$0
COLIN COSGROVE	DIRECTOR	1.00	Director	$0	$0	$0
LINDA DWORAK	DIRECTOR	1.00	Director	$0	$0	$0
MATTHEW FITZGERALD	DIRECTOR	1.00	Director	$0	$0	$0
MACKENZIE GARVIN	DIRECTOR	1.00	Director	$0	$0	$0
SEQUANE LAWRENCE	DIRECTOR	1.00	Director	$0	$0	$0
JOHN-PAUL PAONESSA	DIRECTOR	1.00	Director	$0	$0	$0
PAUL SHADLE	DIRECTOR	1.00	Director	$0	$0	$0
REGAN BREWER JOHNSON	PRESIDENT	17.50	Officer	$0	$18,161	$158,728

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	$1,433,530	$1,391,547	$955,761	$41,983
2022	$975,884	$1,139,264	$648,825	$-163,380
2021	$1,164,377	$1,030,593	$996,448	$133,784
2020	$1,246,678	$1,056,301	$856,908	$190,377
2019	$730,682	$1,011,622	$513,987	$-280,940
2018	$1,097,454	$1,116,549	$891,515	$-19,095

JANE ADDAMS RESOURCE CORPORATION - BALTIMORE