Laundry Workers Center Inc (EIN 824172181) - 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

Rosanna Rodriguez

Phone

3478296748

Tax Period

2024-01-01 to 2024-12-31

Laundry Workers Center Inc, founded in 2016, is a small nonprofit in the Human Services sector that reported $328K in total revenue in fiscal year 2024. Revenue fell 37% from the prior year — a significant decline worth monitoring. Net assets of $767K represent 28 months of operating reserves.

Mission

The mission of the Organization is to address the need for community based leadership development geared toward improving the living and working conditions of workers in laundry, warehouse and food service industries.

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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 (2024)

Revenue Breakdown

Contributions & Grants $327,588

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $327,588

Expense Breakdown

Grants Paid $0

Salaries & Benefits $197,112

Fundraising Expenses $37,630

Program Expenses $258,756

Other Expenses $126,992

TOTAL EXPENSES $324,104

Year-over-Year Comparison

	2024	2023	Change
Revenue	$327,588	$518,286	-0.4%
Expenses	$324,104	$302,638	+0.1%
Net Income	$3,484	$215,648	-1.0%

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

$140,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Rosanna Rodriguez	Co-Director	40.00	Officer	$70,000	$0	$70,000
Mahoma Lopez Garfias	Co-Director	40.00	Officer	$70,000	$0	$70,000
Genesis Aquino	Co-President	1.00	Director	$0	$0	$0
Jeanne Mirer	Secretary	1.00	Director	$0	$0	$0
Maggie Andres	Director	1.00	Director	$0	$0	$0
Oscar Ramirez	Director	1.00	Director	$0	$0	$0
Rob Robinson	Director	1.00	Director	$0	$0	$0
Maurilio Ortega	Director	1.00	Director	$0	$0	$0
Maria Figueroa	Board member	1.00	Director	$0	$0	$0
Emilio Flores	Board member	1.00	Director	$0	$0	$0
Baldemar Manzano	Board member	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	$327,588	$324,104	$773,798	$3,484
2023	$518,286	$302,638	$768,880	$215,648
2022	$310,043	$299,329	$553,232	$10,714
2021	$328,603	$263,283	$541,952	$65,320
2020	$330,514	$262,692	$507,032	$67,822
2020	$330,514	$262,692	$507,032	$67,822

Laundry Workers Center Inc