WORK OPPORTUNITY INC (EIN 752258739) - 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

1988

Legal Domicile

Principal Officer

J BRAD ALLEN

Tax Period

2023-01-01 to 2023-12-31

WORK OPPORTUNITY INC, founded in 1988, is a micro nonprofit in the Human Services sector that reported $29K in total revenue in fiscal year 2023. Revenue fell 92% from the prior year — a significant decline worth monitoring. Expenses of $175K exceeded revenue, resulting in a 495% operating deficit.

Mission

WORK OPPORTUNITY, INC PROMOTES PERSONAL GROWTH AND VALUED PARTICIPATION IN THE COMMUNITY FOR PERSONS WITH DEVELOPMENTAL DISABILITES AND RELATED CONDITIONS BY PROVIDING VOCATIONAL TRAINING AND EMPLOYMENT OPPORTUNITIES.

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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 $0

Program Service Revenue $29,416

Investment Income $0

Other Revenue $0

TOTAL REVENUE $29,416

Expense Breakdown

Grants Paid $0

Salaries & Benefits $42,204

Fundraising Expenses $0

Program Expenses $172,769

Other Expenses $132,790

TOTAL EXPENSES $174,994

Year-over-Year Comparison

	2023	2022	Change
Revenue	$29,416	$352,546	-0.9%
Expenses	$174,994	$282,701	-0.4%
Net Income	$-145,578	$69,845	-3.1%

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

N/A

Employees

292

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
J BRAD ALLEN	PRESIDENT	N/A	Officer Director	$0	$0	$0
NANCY J ALLEN	DIRECTOR	N/A	Director	$0	$0	$0
DOUG SVIEN	DIRECTOR	N/A	Director	$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	$29,416	$174,994	$63,751	$-145,578
2022	$352,546	$282,701	$225,343	$69,845
2021	$296,829	$325,206	$142,322	$-28,377
2020	$246,092	$235,171	$168,901	$10,921
2019	$258,040	$379,539	$169,607	$-121,499
2018	$215,463	$122,855	$277,291	$92,608

WORK OPPORTUNITY INC