ReWork Richmond Inc (EIN 825083689) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2018

Legal Domicile

Principal Officer

Deb Lawrence

Phone

8044479026

Tax Period

2024-01-01 to 2024-12-31

RE WORK RICHMOND INC, founded in 2018, is a small nonprofit in the Employment sector that reported $344K in total revenue in fiscal year 2020. Revenue grew 11% year-over-year, indicating healthy expansion. The organization ran a surplus of $115K, a strong 34% operating margin.

Mission

To prepare and connect underemployed adults in the East End of Richmond with the right family-sustaining careers.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $500,912

Program Service Revenue $0

Investment Income $12,635

Other Revenue $0

TOTAL REVENUE $513,547

Expense Breakdown

Grants Paid $0

Salaries & Benefits $301,929

Fundraising Expenses $72,415

Program Expenses $303,951

Other Expenses $119,620

TOTAL EXPENSES $421,549

Year-over-Year Comparison

	2024	2023	Change
Revenue	$513,547	$590,944	-0.1%
Expenses	$421,549	$435,631	0.0%
Net Income	$91,998	$155,313	-0.4%

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

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

$98,100

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Mark Franko	Board Member	4.00	Director	$0	$0	$0
Nancy Harrison	Board Member	4.00	Director	$0	$0	$0
Wayne Johnson	Board Member	4.00	Director	$0	$0	$0
T Justin Moore III	Board Member	4.00	Director	$0	$0	$0
Pamela O'Berry	Board Member	4.00	Director	$0	$0	$0
Reginald Gordon	Board Member	4.00	Director	$0	$0	$0
Frederick Thompson	Board Member	4.00	Director	$0	$0	$0
Diahann Whittington	Board Member	4.00	Director	$0	$0	$0
Nancy Rowsey	Board Chairman	4.00	Director	$0	$0	$0
Deb Lawrence	Executive Director	40.00	Officer	$90,000	$8,100	$98,100
Dr Ronald Carey	Board Chairman	10.00	Officer	$0	$0	$0
Gussie Bannard	Vice Chairman	5.00	Officer	$0	$0	$0
Torey Edmonds	Secretary	5.00	Officer	$0	$0	$0
Mike Koschak	Treasurer	5.00	Officer	$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
2025	No data	No data	No data	No data
2024	$513,547	$421,549	$870,414	$91,998
2023	$590,944	$435,631	$801,738	$155,313
2022	$524,898	$442,775	$674,467	$82,123
2021	$620,241	$438,443	$498,278	$181,798
2020	$344,106	$228,760	$253,252	$115,346

ReWork Richmond Inc