The Works Inc (EIN 621751430) - 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

1993

Legal Domicile

Principal Officer

Roshun Austin

Phone

9019469675

Tax Period

2023-01-01 to 2023-12-31

The Works Inc, founded in 1993, is a mid-sized nonprofit in the Housing & Shelter sector that reported $40.2M in total revenue in fiscal year 2023. Revenue surged 419% from the prior year, signaling strong growth momentum. The organization ran a surplus of $34.5M, a strong 86% operating margin.

Mission

The Works, Inc. rebuilds, restores, and renews Memphis neighborhoods through innovation, advocacy and collaboration.

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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 $38,946,547

Program Service Revenue $850,886

Investment Income $0

Other Revenue $417,116

TOTAL REVENUE $40,214,549

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,328,187

Fundraising Expenses $73,365

Program Expenses $4,951,364

Other Expenses $3,418,263

TOTAL EXPENSES $5,746,450

Year-over-Year Comparison

	2023	2022	Change
Revenue	$40,214,549	$7,749,175	+4.2%
Expenses	$5,746,450	$8,067,114	-0.3%
Net Income	$34,468,099	$-317,939	-109.4%

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

$424,440

Total Directors

Key Employees

$225,425

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Roshun Austin	CEO	40.00	Officer Key Emp Highest	$225,425	$0	$225,425
Ron Belz	Board Member	0.00	Director	$0	$0	$0
Camille Fulton	Board Member	0.00	Director	$0	$0	$0
Kenya Hooks	Secretary	0.00	Officer Director	$0	$0	$0
Kendrick Joyce	Treasurer	0.00	Officer Director	$0	$0	$0
Lisa Klesges	Board Member	0.00	Officer Director	$0	$0	$0
Paul Morris	Chairman	0.00	Officer Director	$0	$0	$0
Carol Mosley	Board Member	0.00	Director	$0	$0	$0
Vernon Motlow Sr	Board Member	0.00	Director	$0	$0	$0
April Simmons	Board Member	0.00	Director	$0	$0	$0
Yousef Valine	Board Member	0.00	Director	$0	$0	$0
Jason Wexler	Board Member	0.00	Director	$0	$0	$0
Steve Barlow	Vice President	32.00	Officer	$199,015	$0	$199,015
Vincent Sawyer	Staff Attorney	40.00	Key Emp	$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	$40,214,549	$5,746,450	$40,135,916	$34,468,099
2022	$7,749,175	$8,067,114	$6,434,031	$-317,939
2021	$2,125,043	$2,123,415	$4,047,157	$1,628
2020	$1,828,769	$2,086,498	$4,071,682	$-257,729

The Works Inc