THE FUND FOR JOBS WORTH OWNING 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

DAVID HAMMER

Phone

6172328765

Tax Period

2024-07-01 to 2025-06-30

THE FUND FOR JOBS WORTH OWNING INC, founded in 2019, is a small nonprofit in the Community Improvement sector that reported $127K in total revenue in fiscal year 2024. Revenue fell 25% from the prior year — a significant decline worth monitoring. Expenses of $373K exceeded revenue, resulting in a 195% operating deficit.

Mission

THE ORGANIZATION IS ORGANIZED AND OPERATES EXCLUSIVELY AS A SUPPORTING ORGANIZATION TO AND FOR THE BENEFIT OF THE ICA GROUP, INC ., A 501(C)(3) TAX EXEMPT ORGANIZATION LOCATED IN FLORENCE, MASSACHUSETTS, BY PROVIDING FINANCING TO WORKER-CENTERED BUSINESSES.

Program Service Accomplishments

Program 1

Expenses: $373,271 Revenue: $9,757

PROVIDED FINANCING TO A WORKER-CENTERED BUSINESS.

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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 $0

Program Service Revenue $9,757

Investment Income $116,933

Other Revenue $0

TOTAL REVENUE $126,690

Expense Breakdown

Grants Paid $0

Salaries & Benefits $172,636

Fundraising Expenses $0

Program Expenses $373,271

Other Expenses $200,635

TOTAL EXPENSES $373,271

Year-over-Year Comparison

	2024	2023	Change
Revenue	$126,690	$169,855	-0.3%
Expenses	$373,271	$373,023	+0.0%
Net Income	$-246,581	$-203,168	+0.2%

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

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

$125,117

Total Directors

$252,884

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KATRINA KAZDA	DIRECTOR	2.00	Director	$0	$27,766	$127,767
DAVID HAMMER	PRESIDENT	2.00	Officer Director	$0	$9,742	$125,117
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

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
2025	$126,690	$373,271	$2,704,520	$-246,581
2024	No data	No data	No data	No data
2023	$95,657	$108,688	$3,065,056	$-13,031
2022	$798	$4,074	$2,998,593	$-3,276
2022	$141,971	$105,229	$3,133,247	$36,742
2021	$28,463	$56,937	$3,019,468	$-28,474
2020	$3,000,152	$13,605	$3,011,462	$2,986,547