STUDENT WORK DEVELOPMENT FOUNDATION INC (EIN 510168187) - 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

1975

Legal Domicile

Principal Officer

Max D Barnett

Phone

4053292990

Tax Period

2023-01-01 to 2023-12-31

STUDENT WORK DEVELOPMENT FOUNDATION INC, founded in 1975, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2023. Revenue decreased 12% compared to the prior year. The organization ran a surplus of $266K, a strong 24% operating margin.

Mission

The primary purpose of Student Work Development Foundation, Inc. ("SWDF") is to assist in providing training and support for individuals and groups in discipleship, education, evangelism, and missions to help produce more effective discipleship ministries.

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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 $583,870

Program Service Revenue $58,897

Investment Income $453,243

Other Revenue $10,419

TOTAL REVENUE $1,106,429

Expense Breakdown

Grants Paid $368,458

Salaries & Benefits $306,228

Fundraising Expenses $0

Program Expenses $652,216

Other Expenses $165,452

TOTAL EXPENSES $840,138

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,106,429	$1,260,150	-0.1%
Expenses	$840,138	$1,191,080	-0.3%
Net Income	$266,291	$69,070	+2.9%

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

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

$103,920

Total Directors

$41,673

Key Employees

$43,000

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Charlie Anne Cooksey	Treasurer	40	Officer	$84,240	$0	$84,240
Michael Stewart	Key Employee	40	Key Emp	$43,000	$0	$43,000
John Hill	Board Member	40	Director	$41,673	$0	$41,673
Max Barnett	President	20	Officer	$19,680	$0	$19,680
Katie Neal	Board Member	0	Director	$0	$0	$0
Matthew Holland	Board Member	0	Director	$0	$0	$0
Pete Jackson	Vice President	0	Officer	$0	$0	$0
Jennifer Slatter	Secretary	0	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
2023	$1,106,429	$840,138	$7,324,395	$266,291
2022	$1,260,150	$1,191,080	$8,050,187	$69,070
2021	$1,082,674	$920,513	$8,286,840	$162,161
2020	$924,939	$835,855	$7,912,201	$89,084

STUDENT WORK DEVELOPMENT FOUNDATION INC