LABOR MOBILITY PARTNERSHIPS INC (EIN 841991867) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2019

Legal Domicile

Principal Officer

REBEKAH SMITH

Phone

2028009251

Tax Period

2024-01-01 to 2024-12-31

LABOR MOBILITY PARTNERSHIPS INC, founded in 2019, is a community nonprofit in the Public & Societal Benefit sector that reported $1.5M in total revenue in fiscal year 2024. Revenue fell 47% from the prior year — a significant decline worth monitoring. Expenses of $2.9M exceeded revenue, resulting in a 96% operating deficit.

Mission

TO LIFT MILLIONS OF WORKERS OUT OF POVERTY BY INCREASING THE SCALE AND QUALITY OF LABOR MOBILITY.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,046,764

Program Service Revenue $400,631

Investment Income $34,752

Other Revenue $596

TOTAL REVENUE $1,482,743

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,480,040

Fundraising Expenses $49,834

Program Expenses $2,460,495

Other Expenses $1,428,772

TOTAL EXPENSES $2,908,812

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,482,743	$2,785,061	-0.5%
Expenses	$2,908,812	$2,502,458	+0.2%
Net Income	$-1,426,069	$282,603	-6.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

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

$510,358

Total Directors

$224,620

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ELICIA CARMICHAEL	DIRECTOR	40.00	Officer	$191,194	$9,632	$200,826
REBEKAH SMITH	PRESIDENT/ED	40.00	Officer Director	$163,148	$10,672	$173,820
KIMBERLY GERONIMO	KEY EMPLOYEE	40.00	Highest	$137,504	$7,693	$145,197
HALEY GRAY	SECRETARY/ T	40.00	Officer	$76,952	$7,960	$84,912
LANT PRITCHETT	CHAIR/RESEAR	8.00	Officer Director	$50,800	$0	$50,800
AVNISH GUNGADURDOSS	BOARD MEMBER	0.25	Director	$0	$0	$0
LILLIAN KIDANE	DIRECTOR	0.25	Director	$0	$0	$0
JANINA KUGEL	BOARD MEMBER	0.25	Director	$0	$0	$0
MANISH SABHARWAL	BOARD MEMBER	0.25	Director	$0	$0	$0
JASON WENDLE	BOARD MEMBER	0.25	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	$1,482,743	$2,908,812	$1,553,603	$-1,426,069
2023	$2,785,061	$2,502,458	$3,167,744	$282,603
2022	$2,152,770	$1,665,476	$2,667,628	$487,294
2021	$2,052,500	$732,940	$2,064,828	$1,319,560
2020	$875,689	$197,874	$682,921	$677,815

LABOR MOBILITY PARTNERSHIPS INC