KINDWORK INC

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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

2019

Legal Domicile

Principal Officer

KATE DOYLE

Phone

5042328638

Tax Period

2024-01-01 to 2024-12-31

KINDWORK INC, founded in 2019, is a small nonprofit in the Employment sector that reported $127K in total revenue in fiscal year 2024. Revenue fell 61% from the prior year — a significant decline worth monitoring. Expenses of $143K exceeded revenue, resulting in a 13% operating deficit.

Mission

TO HELP LOW-INCOME YOUNG ADULTS WITH BARRIERS TO CAREER-LADDER EMPLOYMENT TRANSFORM THEIR ECONOMIC OUTLOOK THROUGH CAREER TRAINING BOOTCAMPS, INDIVIDUALIZED COACHING, AND JOB PLACEMENT SUPPORT.

Program Service Accomplishments

Program 1

Expenses: $127,813

KINDWORK'S HELPS TALENTED YOUNG ADULTS FROM OVERLOOKED COMMUNITIES TRANSFORM THEIR ECONOMIC OUTLOOK AND LAUNCH NEW CAREERS IN THE INNOVATION ECONOMY. IN 2023, KINDWORK OFFERED FREE CAREER TRAINING...

KINDWORK'S HELPS TALENTED YOUNG ADULTS FROM OVERLOOKED COMMUNITIES TRANSFORM THEIR ECONOMIC OUTLOOK AND LAUNCH NEW CAREERS IN THE INNOVATION ECONOMY. IN 2023, KINDWORK OFFERED FREE CAREER TRAINING, COACHING, AND JOB PLACEMENT SUPPORT TO LOW-INCOME, UNDER AND UNEMPLOYED YOUNG PEOPLE FACING BARRIERS TO CAREER-LADDER EMPLOYMENT.

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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 $126,614

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $126,614

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $127,813

Other Expenses $142,861

TOTAL EXPENSES $142,861

Year-over-Year Comparison

	2024	2023	Change
Revenue	$126,614	$328,859	-0.6%
Expenses	$142,861	$416,350	-0.7%
Net Income	$-16,247	$-87,491	-0.8%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KATE DOYLE	PRESIDENT	40.00	Officer Director	$0	$0	$0
JEANINE MENDEZ	TREASURER/SECRETARY	40.00	Officer Director	$0	$0	$0
EMILY TEELE	MEMBER	5.00	Director	$0	$0	$0
MATTHEW POWERS	BOARD CHAIR	5.00	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	$126,614	$142,861	$365,318	$-16,247
2023	$328,859	$416,350	$381,565	$-87,491
2022	$542,746	$412,310	$469,319	$130,436
2021	$541,980	$366,521	$339,226	$175,459
2020	$342,343	$260,210	$196,922	$82,133