READY TO WORK (EIN 814884512) - 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

2017

Legal Domicile

Principal Officer

KAYLA MARTIN

Phone

2094708425

Tax Period

2022-01-01 to 2022-12-31

READY TO WORK, founded in 2017, is a community nonprofit in the Housing & Shelter sector that reported $1.2M in total revenue in fiscal year 2022. Revenue fell 29% from the prior year — a significant decline worth monitoring. Expenses of $1.9M exceeded revenue, resulting in a 52% operating deficit.

Mission

TO PROVIDE THE EDUCATION AND OPPORTUNITY SO THAT PEOPLE CAN TAKE CONTROL OF THIER OWN LIVES.

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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 (2022)

Revenue Breakdown

Contributions & Grants $908,284

Program Service Revenue $319,808

Investment Income $17

Other Revenue $0

TOTAL REVENUE $1,228,109

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,399,804

Fundraising Expenses $3,514

Program Expenses $1,525,315

Other Expenses $471,197

TOTAL EXPENSES $1,871,001

Year-over-Year Comparison

	2022	2021	Change
Revenue	$1,228,109	$1,731,011	-0.3%
Expenses	$1,871,001	$1,865,727	+0.0%
Net Income	$-642,892	$-134,716	+3.8%

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

121

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

$139,641

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANTHONY BARKETT	PRESIDENT	1.00	Officer Director	$0	$0	$0
BRENNA BUTLER-GARCIA	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
WILLIAM TREZZA	CHIEF FINANCIAL OFFICER	1.00	Officer Director	$0	$0	$0
DAVID RISHWAIN	SECRETARY	1.00	Officer Director	$0	$0	$0
RUPERT HALL	DIRECTOR	1.00	Director	$0	$0	$0
RAYMOND CALL	INTERIM EXECUTIVE DIRECTOR (THRU 2/22)	30.00	Officer	$19,592	$0	$19,592
JOSE DOMINGUEZ	EXECUTIVE DIRECTOR (AS OF 3/22)	40.00	Officer	$86,054	$33,995	$120,049

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
2022	$1,228,109	$1,871,001	$1,178,555	$-642,892
2021	$1,731,011	$1,865,727	$1,802,930	$-134,716
2020	$1,628,927	$1,461,961	$1,927,567	$166,966
2019	$1,656,321	$1,139,723	$1,688,026	$516,598
2018	$1,440,321	$517,117	$1,177,778	$923,204

READY TO WORK