WORKFORCE STRONG INC (EIN 834721529) - 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

2019

Legal Domicile

Principal Officer

JULIANA NJOKU

Phone

4049567039

Tax Period

2020-01-01 to 2020-12-31

WORKFORCE STRONG INC, founded in 2019, is a micro nonprofit that reported $42K in total revenue in fiscal year 2020.

Mission

TO PROVIDE RENTAL ASSISTANCE BY CREATING AND PRESERVING OPPORTUNITIES FOR WORKFORCE HOUSING.

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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 (2020)

Revenue Breakdown

Contributions & Grants $37,782

Program Service Revenue $4,204

Investment Income $0

Other Revenue $0

TOTAL REVENUE $41,986

Expense Breakdown

Grants Paid $0

Salaries & Benefits $24,000

Fundraising Expenses $0

Program Expenses $44,829

Other Expenses $20,829

TOTAL EXPENSES $44,829

Year-over-Year Comparison

	2020	2019	Change
Revenue	$41,986	N/A	N/A
Expenses	$44,829	N/A	N/A
Net Income	$-2,843	$0	N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
REGINALD MILLER	MANAGING PARTNER	40.00	Officer Director	$0	$0	$0
ROMMEL CHATMAN	CEO	40.00	Officer Director	$0	$0	$0
PIA FORBES	CHEIF STRATEGIST	40.00	Officer Director	$0	$0	$0
AUTA LOPES	PRESIDENT	40.00	Officer Director	$0	$0	$0
JULIANA NJOKU	EXECUTIVE DIRECTOR	40.00	Officer Director	$0	$0	$0
BRANDON RIDDICK-SEAL	MANAGING PARTNER	40.00	Officer Director	$0	$0	$0
MICHAEL GERMAN	FIELD OFFICER DIRECTOR	0.00	Director	$0	$0	$0
MICHAEL GARRISON	SR. DIRECTOR INNOVATION & NEW VENTURES	0.00	Director	$0	$0	$0
RACHEL TOBIN	PARTNER	0.00	Director	$0	$0	$0
REGINA AMADI	ASSISTANT DIRECTOR	0.00	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
2020	$41,986	$44,829	$9,657	$-2,843

WORKFORCE STRONG INC