Cambridge, MA
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)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.
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 Policy Shift, Industry Shift, and Narrative Shift.
Policy Shift Worker Organizing In 2023, we helped to launch policy campaigns in 2023 in CT, MD, MA, IL, CO, RI, PR, HI, CA, ID, OH, and AZ. We hired organizers in many of these states to conduct...
Policy Shift Worker Organizing In 2023, we helped to launch policy campaigns in 2023 in CT, MD, MA, IL, CO, RI, PR, HI, CA, ID, OH, and AZ. We hired organizers in many of these states to conduct surveys and outreach to restaurant workers, develop their leadership, and help them tell and share their stories. MA Initiative In Massachusetts, the subminimum wage for tipped workers is still just 6.75/hr as of January 2023. Ending this low-wage carve-out positively impacts an overall restaurant workforce of nearly 240,000 Massachusetts workers. In the Bay State, we are advancing One Fair Wage on Beacon Hill with State Senator Patricia Jehlen sponsoring S1213 and State Representative Tricia Farley-Bouvier sponsoring the House version of the bill H1971. Next250 In February 2022, we launched the 25 by 250 campaign, in which we have created a plan to organize restaurants, services, and other low-wage workers to advance policy to raise wages and end subminimum wages in 25 states by the United States 250th Anniversary
RAISE High Road Restaurants In 2022, our high road employer engagement department, which conducts outreach to and engages restaurant owners who are committed to increased wages and equity, grew...
RAISE High Road Restaurants In 2022, our high road employer engagement department, which conducts outreach to and engages restaurant owners who are committed to increased wages and equity, grew RAISE, our association of restaurant owners to over 2,500 restaurants an increase from 800 restaurants since 2019. The high road department also continued to grow the High Road Kitchens Program, a project of RAISE High Road Restaurants, to provide training, technical assistance, and in some instances, funding to hundreds of restaurants that committed to raise wages and increase equity for their Employees.
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)| 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% |
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| 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 |
| 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 |
Compare ONE FAIR WAGE INC with other nonprofits in Massachusetts and across the country.