THE FUND FOR JOBS WORTH OWNING INC

EIN: 843874524 501(c)(3) Community Improvement

NORTHAMPTON, MA

Total Revenue
$95,657
Total Expenses
$108,688
Total Assets
$3,065,056
Net Assets
$2,978,508
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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
MA
Principal Officer
DAVID HAMMER
Phone
6172328765
Tax Period
2022-07-01 to 2023-06-30

THE FUND FOR JOBS WORTH OWNING INC, founded in 2019, is a micro nonprofit in the Community Improvement sector that reported $96K in total revenue in fiscal year 2022. Revenue surged 11887% from the prior year, signaling strong growth momentum. Expenses of $109K exceeded revenue, resulting in a 14% operating deficit.

Mission

PROVIDE FINANCING TO WORKER-CENTERED BUSINESSES IN SUPPORT OF THE ICA GROUP, INC.

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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%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,562
Investment Income $94,095
Other Revenue $0
TOTAL REVENUE $95,657

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $84,619
Other Expenses $108,688
TOTAL EXPENSES $108,688

Year-over-Year Comparison

2022 2021 Change
Revenue $95,657 $798 +118.9%
Expenses $108,688 $4,074 +25.7%
Net Income $-13,031 $-3,276 +3.0%
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

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Governance

Voting Members
7
Independent Members
7
Employees
N/A
Volunteers
7

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
4
$102,894
Total Directors
7
$160,161
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID HAMMER PRESIDENT 2.00
Officer Director
$0 $0 $102,894
RAND WILSON CHAIRPERSON 2.00
Officer Director
$0 $0 $0
DAMILOLA ODETOLA TREASURER 2.00
Officer Director
$0 $0 $0
ALEXANDER PYLE CLERK 2.00
Officer Director
$0 $0 $0
CHRISTINA CLAMP DIRECTOR 2.00
Director
$0 $0 $0
MELISSA HOOVER DIRECTOR 2.00
Director
$0 $0 $0
JANET VAN LIERE DIRECTOR 2.00
Director
$0 $0 $57,267
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 No data No data No data No data
2023 $95,657 $108,688 $3,065,056 $-13,031
2022 $141,971 $105,229 $3,133,247 $36,742
2022 $798 $4,074 $2,998,593 $-3,276
2021 $28,463 $56,937 $3,019,468 $-28,474
2020 $3,000,152 $13,605 $3,011,462 $2,986,547
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