ACTIVATE WORK INC (EIN 831930213) - 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

2018

Legal Domicile

Principal Officer

KATHRYN HARRIS

Phone

3039215111

Tax Period

2024-01-01 to 2024-12-31

ACTIVATE WORK INC, founded in 2018, is a community nonprofit in the Human Services sector that reported $4.0M in total revenue in fiscal year 2024. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $3.5M left a modest 12% surplus.

Mission

WE PROVIDE TRAINING, COACHING, COMMUNITY SUPPORTS AND ACCESS TO LEADING COLORADO EMPLOYERS ENABLING COLORADANS TO ACHEIVE ECONOMIC SECURITY, MOBILITY AND PROSPERITY.

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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 $3,853,369

Program Service Revenue $117,046

Investment Income $32,513

Other Revenue $2

TOTAL REVENUE $4,002,930

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,656,300

Fundraising Expenses $71,297

Program Expenses $2,935,782

Other Expenses $1,862,529

TOTAL EXPENSES $3,518,829

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,002,930	$3,373,201	+0.2%
Expenses	$3,518,829	$2,810,321	+0.3%
Net Income	$484,101	$562,880	-0.1%

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

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

$341,205

Total Directors

$176,752

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HELEN HAYES	CEO/FOUNDER	40.00	Officer Director	$159,480	$17,272	$176,752
SCOTT FAST	CHAIR	1.00	Officer Director	$0	$0	$0
DAN KASKUBAR	SECRETARY	1.00	Officer Director	$0	$0	$0
FRANCIS MATTHEWS	FINANCE COM	1.00	Officer Director	$0	$0	$0
MARCOS STEPHENS	DIRECTOR	1.00	Director	$0	$0	$0
LUIS VILLARREAL	DIRECTOR	1.00	Director	$0	$0	$0
KARA WILLIAMS	DIRECTOR	1.00	Director	$0	$0	$0
PAT MEYERS	DIRECTOR	1.00	Director	$0	$0	$0
KATHRYN HARRIS	PRES/COO	40.00	Officer	$159,480	$4,973	$164,453

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	$4,002,930	$3,518,829	$3,546,451	$484,101
2023	$3,373,201	$2,810,321	$2,531,632	$562,880
2022	$1,503,646	$2,570,110	$1,870,445	$-1,066,464
2021	$1,819,128	$1,303,332	$2,430,292	$515,796
2020	$2,215,482	$884,646	$1,356,079	$1,330,836

ACTIVATE WORK INC