San Francisco, CA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)VotingWorks, founded in 2018, is a community nonprofit in the Civil Rights & Advocacy sector that reported $6.9M in total revenue in fiscal year 2024. Revenue fell 37% from the prior year — a significant decline worth monitoring. Expenses of $8.9M exceeded revenue, resulting in a 29% operating deficit.
Our mission is to make election technology that everyone can trust through transparency, simplicity, and demonstrable security.
Hardware Machine Sales, Support, and Certification: In 2024 we're one of two vendors who won the bid to sell voting equipment in New Hampshire; as of year end we are supporting a total of 16 cities...
Hardware Machine Sales, Support, and Certification: In 2024 we're one of two vendors who won the bid to sell voting equipment in New Hampshire; as of year end we are supporting a total of 16 cities and towns in the state. We continue to support 5 counties in Mississippi. Lastly, we finalized the design of our v4 voting system that adheres to the VVSG 2.0 standards and submitted it for certification in late 2024.
Government Research Project: The organization is working on a contract with a government agency to perform research on voting systems.
Arlo Software Sales: we had 9 paid customers in 2024 for the use of our RLA audit software: GA, MI, NV, PA, RI, TX, VA, WA, and Orange County CA
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $6,863,689 | $10,883,381 | -0.4% |
| Expenses | $8,884,066 | $6,199,435 | +0.4% |
| Net Income | $-2,020,377 | $4,683,946 | -1.4% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Benjamin Michael Adida | Executive Dir. | 40.00 |
Officer
Director
|
$324,821 | $56,443 | $381,264 |
| Jesse T Dewald | Head of Hardware | 40.00 |
|
$255,631 | $48,162 | $303,793 |
| Janine M Trame | Op/Sec./Tres. | 40.00 |
Officer
|
$244,040 | $38,142 | $282,182 |
| Arsalan Akkas Sufi | Head of Software | 40.00 |
|
$238,711 | $22,868 | $261,579 |
| Matthew R Roe | Head of Product | 40.00 |
|
$228,442 | $22,442 | $250,884 |
| Virginia M Vander Roest | Head of CS | 40.00 |
|
$197,465 | $42,673 | $240,138 |
| Kevin W Shen | Software Engineer | 40.00 |
|
$217,195 | $19,515 | $236,710 |
| John Lilly | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Ryan Merkley | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $6,863,689 | $8,884,066 | $10,491,245 | $-2,020,377 |
| 2023 | $10,883,381 | $6,199,435 | $11,941,830 | $4,683,946 |
| 2022 | $6,297,952 | $4,431,632 | $7,090,871 | $1,866,320 |
| 2021 | $4,033,953 | $3,823,124 | $5,045,508 | $210,829 |
| 2020 | $7,003,145 | $2,370,305 | $4,995,810 | $4,632,840 |
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