ONE FAIR WAGE INC

EIN: 850692228 501(c)(3) Civil Rights & Advocacy

Cambridge, MA

Total Revenue
$5,052,108
Total Expenses
$8,658,120
Total Assets
$3,769,403
Net Assets
$3,555,043
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
NY
Principal Officer
FEKKAK MAMDOUH
Phone
9173782651
Tax Period
2023-01-01 to 2023-12-31

ONE FAIR WAGE INC, founded in 2019, is a community nonprofit in the Civil Rights & Advocacy sector that reported $5.1M in total revenue in fiscal year 2023. Revenue decreased 10% compared to the prior year. Expenses of $8.7M exceeded revenue, resulting in a 71% operating deficit.

Mission

The mission of One Fair Wage is to raise wages and improve working conditions in the service sector, and end all subminimum wages in the United States. We accomplish that mission through three main pillars of work Polic

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $5,025,297
Program Service Revenue $0
Investment Income $0
Other Revenue $26,811
TOTAL REVENUE $5,052,108

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,115,190
Fundraising Expenses $588,023
Program Expenses $7,061,747
Other Expenses $5,542,930
TOTAL EXPENSES $8,658,120

Year-over-Year Comparison

2023 2022 Change
Revenue $5,052,108 $5,639,169 -0.1%
Expenses $8,658,120 $5,252,674 +0.6%
Net Income $-3,606,012 $386,495 -10.3%
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

Sign In

Governance

Voting Members
9
Independent Members
8
Employees
46
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
3
$300,584
Total Directors
9
$157,404
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SARU JAYARAMAN PRESIDENT BOARD MEMBER 040.00
Officer Director
$137,418 $19,986 $157,404
FEKKAK MAMDOUH SENIOR DIRECTOR 040.00
Officer
$117,752 $25,428 $143,180
JAGADISH SHUKLA BOARD MEMBER 002.00
Director
$0 $0 $0
XAVIER DE SOUZA BRIGGS BOARD MEMBER 002.00
Director
$0 $0 $0
MIKE SYLVESTER BOARD MEMBER 002.00
Director
$0 $0 $0
ANU KHOSLA BOARD MEMBER 002.00
Director
$0 $0 $0
NIKA SOON-SHIONG BOARD CHAIR 002.00
Officer Director
$0 $0 $0
RACHEL ROBIASCIATTI BOARD MEMBER 002.00
Director
$0 $0 $0
DAMANI VARNADO BOARD MEMBER 002.00
Director
$0 $0 $0
RUSSELL JACKSON BOARD MEMBER 002.00
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 No data No data No data No data
2023 $5,052,108 $8,658,120 $3,769,403 $-3,606,012
2022 $5,639,169 $5,252,674 $7,326,249 $386,495
2022 $5,639,169 $5,252,674 $7,326,249 $386,495
2021 $5,545,678 $6,321,479 $7,050,518 $-775,801
2020 $16,761,832 $9,969,446 $6,837,240 $6,792,386
2020 $9,658,679 $9,410,843 $7,628,219 $247,836
Explore More Nonprofits
→Top 100 Nonprofits in Massachusetts →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare ONE FAIR WAGE INC with other nonprofits in Massachusetts and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.