Let's Work for Good Inc (EIN 473892053) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2015

Legal Domicile

Principal Officer

Theresa Santana

Phone

7322870158

Tax Period

2024-07-01 to 2025-06-30

Let's Work for Good Inc, founded in 2015, is a community nonprofit in the Employment sector that reported $1.6M in total revenue in fiscal year 2024. Revenue surged 138% from the prior year, signaling strong growth momentum. Expenses of $2.6M exceeded revenue, resulting in a 59% operating deficit.

Mission

To help adults with autism and developmental disabilities acquire employment through a pre-vocational training program.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $73,896

Program Service Revenue $235

Investment Income $12,480

Other Revenue $1,536,847

TOTAL REVENUE $1,623,458

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $502

Program Expenses $2,065,730

Other Expenses $2,579,468

TOTAL EXPENSES $2,579,468

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,623,458	$682,649	+1.4%
Expenses	$2,579,468	$1,020,993	+1.5%
Net Income	$-956,010	$-338,344	+1.8%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$1,693,899

Total Directors

$3,197,105

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Ryan D Smith	Director	1.00	Director	$0	$26,963	$1,489,010
Michael Herr	Director	1.00	Director	$0	$40,087	$915,607
George Contos	Chairman	1.00	Officer Director	$0	$45,392	$677,247
Karen Katzman	Executive Director until 11/11/24	45.00	Officer Director	$98,077	$202	$98,279
Leslie Long	Executive Director	45.00	Officer Director	$16,962	$0	$16,962
Dr Steven Bier	President until 7/1/24	1.00	Officer Director	$0	$0	$0
Amy Gessner	Treasurer until 7/1/24	1.00	Officer Director	$0	$0	$0
Dr Barbie Bier	Director	1.00	Director	$0	$0	$0
Mark Katz	Director until 7/1/24	1.00	Director	$0	$0	$0
Lisa M Mostoller	Treasurer	1.00	Officer	$0	$627	$367,477
Jennifer P Gassen	Secretary	1.00	Officer	$0	$47,963	$533,934

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	$1,623,458	$2,579,468	$2,652,228	$-956,010
2024	$682,649	$1,020,993	$1,540,537	$-338,344
2023	$2,386,722	$1,717,712	$2,117,633	$669,010
2022	$1,475,377	$1,515,978	$1,277,403	$-40,601
2021	$1,320,872	$1,039,862	$910,076	$281,010
2020	$661,843	$729,389	$584,840	$-67,546
2019	$725,608	$708,368	$225,249	$17,240
2018	$445,236	$435,770	$115,646	$9,466

Let's Work for Good Inc