EVOLVE WORK FORCE & MULTIFAMILY HOUSING SERVICES (EIN 811338641) - 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

2016

Legal Domicile

Principal Officer

MARIA ELENA GUERRA

Phone

5039811618

Tax Period

2023-01-01 to 2023-12-31

EVOLVE WORK FORCE & MULTIFAMILY HOUSING SERVICES, founded in 2016, is a community nonprofit in the Housing & Shelter sector that reported $1.4M in total revenue in fiscal year 2023. Revenue grew 17% year-over-year, indicating healthy expansion.

Mission

TO PROVIDE A REAL-WORLD TRAINING PLATFORM ENABLING LOW-INCOME INDIVIDUALS AND MINORITIES OF COLOR TO LAUNCH CAREERS IN A GROWING INDUSTRY TO CREATE UPWARD MOBILITY AND PERSONAL DEVELOPMENT.

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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 $117,500

Program Service Revenue $1,155,731

Investment Income $4,242

Other Revenue $93,915

TOTAL REVENUE $1,371,388

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,230,348

Fundraising Expenses $0

Program Expenses $1,388,749

Other Expenses $275,603

TOTAL EXPENSES $1,505,951

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,371,388	$1,175,482	+0.2%
Expenses	$1,505,951	$1,217,316	+0.2%
Net Income	$-134,563	$-41,834	+2.2%

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

$108,570

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARIA ELENA GUERRA	EXECUTIVE DIRECTOR	1.00	Officer	$0	$0	$108,570
WENDY VELIZ	PRESIDENT	1.00	Officer Director	$0	$0	$0
REYNA LOPEZ	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
LARRY KLEINMAN	TREASURER	1.00	Officer Director	$0	$0	$0
PALOMA DALE	SECRETARY	1.00	Officer Director	$0	$0	$0
ELIAS VILLEGAS	DIRECTOR	1.00	Director	$0	$0	$0
MARK J WILK	DIRECTOR	1.00	Director	$0	$0	$0
MONICA AVILA	DIRECTOR	1.00	Director	$0	$0	$0
ANNETE CAMPISTA	DIRECTOR	1.00	Director	$0	$0	$0
JENIFER WAGLEY	DIRECTOR	1.00	Director	$0	$0	$0
AMANDA SAUL	DIRECTOR	1.00	Director	$0	$0	$0
MIGUEL ARELLANO	DIRECTOR	1.00	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	$1,371,388	$1,505,951	$599,929	$-134,563
2022	$1,175,482	$1,217,316	$719,244	$-41,834
2021	$1,618,005	$1,123,166	$771,462	$494,839
2020	$984,739	$927,326	$523,577	$57,413
2019	$1,379,846	$1,501,781	$277,590	$-121,935
2018	$1,747,108	$1,719,193	$444,381	$27,915

EVOLVE WORK FORCE & MULTIFAMILY HOUSING SERVICES