INDIANAPOLIS, IN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)KEYS2WORK INC, founded in 2020, is a community nonprofit in the Crime & Legal sector that reported $6.4M in total revenue in fiscal year 2024. Revenue surged 35% from the prior year, signaling strong growth momentum. Expenses of $6.2M left a modest 3% surplus.
THE CORPORATION IS ORGANZIED EXCLUSIVELY TO PROMOTE THE CHARITABLE PURPOSES AND GOALS OF WORKFORCE, INC. THAT MISSION IS TO PROMOTE, ORGANIZE, PARTICIPATE IN, DEVELOP, SPONSOR, AND/OR OPERATE VARIOUS PROGRAMS FOCUSED ON WORKFORCE DEVELOPMENT AND PLACEMENT AS AN ECONOMIC DEVELOPMENT STRATEGY, TO EDUCATE AND TRAIN EX-OFFENDERS IN THE SKILLED LABOR TRADE OF ELECTRONICS RECYCLING, TO INVEST IN THIS WORKFORCE AS A MEANS TO REDUCING THE SKILLED LABOR SHORTAGE, AND TO REDUCE CRIMINAL RECIDIVISM RATES IN INDIANA.
KEYS2WORK, INC. IS A TYPE I SUPPORTING ORGANIZATION OF WORKFORCE, INC., ORGANIZED, OPERATED, AND CONTROLLED BY WORKFORCE, INC. EXCLUSIVELY TO FURTHER WORKFORCE, INC.'S EXEMPT PURPOSES. KEYS2WORK...
KEYS2WORK, INC. IS A TYPE I SUPPORTING ORGANIZATION OF WORKFORCE, INC., ORGANIZED, OPERATED, AND CONTROLLED BY WORKFORCE, INC. EXCLUSIVELY TO FURTHER WORKFORCE, INC.'S EXEMPT PURPOSES. KEYS2WORK EXISTS TO SUPPORT AND EXTEND THE WORKFORCE DEVELOPMENT AND REENTRY ACTIVITIES OF WORKFORCE, INC. D/B/A RECYCLEFORCE.KEYS2WORK OPERATES AS A NONPROFIT ALTERNATIVE STAFFING EMPLOYMENT SOCIAL ENTERPRISE AND FUNCTIONS AS THE NEXT STAGE IN RECYCLEFORCE'S EMPLOYMENT CONTINUUM. KEYS2WORK EMPLOYS INDIVIDUALS WHO ARE CURRENT OR FORMER PARTICIPANTS IN RECYCLEFORCE'S EMPLOYMENT SOCIAL ENTERPRISE AND PLACES THEM INTO TEMPORARY-TO-PERMANENT OR DIRECT-HIRE POSITIONS WITH EMPLOYER PARTNERS. THESE PLACEMENTS BUILD UPON THE TRAINING, CREDENTIALS, AND WORK READINESS PARTICIPANTS DEVELOPED DURING THEIR INITIAL TRANSITIONAL EMPLOYMENT AT RECYCLEFORCE.KEYS2WORK'S ACTIVITIES ARE FULLY INTEGRATED WITH RECYCLEFORCE'S ABC MODEL: ANY JOB - BETTER JOB - CAREER, A TRADEMARKED WORKFORCE DEVELOPMENT FRAMEWORK DESIGNED TO REDUCE RECIDIVISM AND PROMOTE LONG-TERM ECONOMIC MOBILITY. UNDER THIS MODEL, RECYCLEFORCE PROVIDES IMMEDIATE PAID EMPLOYMENT ("ANY JOB"), WHILE KEYS2WORK FACILITATES ADVANCEMENT INTO HIGHER-WAGE AND PERMANENT EMPLOYMENT ("BETTER JOB AND "CAREER"). THE ABC MODEL IS RECOGNIZED NATIONALLY AS A NOTABLE PRACTICE.PUBLIC BENEFIT AND OUTCOMES - THROUGH ITS ALTERNATIVE STAFFING AND PLACEMENT ACTIVITIES, KEYS2WORK SUPPORTS RECYCLEFORCE'S CRIME PREVENTION AND WORKFORCE DEVELOPMENT STRATEGY BY INCREASING EARNED INCOME, EMPLOYMENT STABILITY, AND CAREER ADVANCEMENT FOR RETURNING CITIZENS. IN COORDINATION WITH RECYCLEFORCE, THE MODEL CONTRIBUTES TO REDUCED RECIDIVISM (17% FOR INDIVIDUALS SERVED IN FY 2023, COMPARED TO STATE AND NATIONAL RATES), INCREASED TAX REVENUE, HIGHER CHILD SUPPORT COMPLIANCE, REDUCED INCARCERATION AND PUBLIC ASSISTANCE COSTS, AND IMPROVED EMPLOYER ACCESS TO RELIABLE LABOR.SERVICE APPROACH - KEYS2WORK SUPPORTS A PARTICIPANT-CENTERED EMPLOYMENT MODEL THAT INCLUDES:1)EARNED WAGES: LIVING-WAGE EMPLOYMENT, BEGINNING AT $15.00 PER HOUR.2)FLEXIBLE SCHEDULING: WORK SCHEDULES THAT ACCOMMODATE EDUCATION, TRAINING, AND CRIMINAL JUSTICE OBLIGATIONS.3)EMPLOYMENT CONTINUITY: FLEXIBLE TEMPORARY ASSIGNMENTS WHILE PARTICIPANTS COMPLETE TRAINING AND CREDENTIALING INITIATED AT RECYCLEFORCE, FOLLOWED BY PLACEMENT INTO PERMANENT EMPLOYMENT.4)LEADERSHIP DEVELOPMENT: OPPORTUNITIES FOR EXPERIENCED PARTICIPANTS TO SERVE AS PEER MENTORS AND TEAM LEADERS.FUNDING - KEYS2WORK IS FUNDED THROUGH GRANTS AND EARNED REVENUE GENERATED FROM ITS NONPROFIT ALTERNATIVE STAFFING SERVICES.FOOTNOTE - RECYCLEFORCE, INC. TRANSITIONAL JOBS PROGRAM (ABC MODEL), RECOGNIZED AS A NOTABLE PRACTICE BY BLUEPRINTS FOR HEALTHY YOUTH DEVELOPMENT.HTTPS://WWW.BLUEPRINTSPROGRAMS.ORG/PROGRAMS/1639999999/TRANSITIONAL-JOBS-PROGRAM-RECYCLEFORCE/
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $6,391,383 | $4,746,686 | +0.3% |
| Expenses | $6,173,147 | $4,272,599 | +0.4% |
| Net Income | $218,236 | $474,087 | -0.5% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| DORAN MORELAND | BOARD CHAIR | 0.00 |
Officer
Director
|
$0 | $0 | $0 |
| JUDGE PATRICIA RILEY | TREASURER | 0.00 |
Director
|
$0 | $0 | $0 |
| ERIN ANDERSON | BOARD MEMBER | 0.00 |
Director
|
$0 | $0 | $0 |
| REV CHARLES NEAL | BOARD MEMBER | 0.00 |
Director
|
$0 | $0 | $0 |
| DANIEL ROWE | SECRETARY | 0.00 |
Officer
Director
|
$0 | $0 | $0 |
| LAHNY SILVA | BOARD MEMBER | 0.00 |
Director
|
$0 | $0 | $0 |
| JANNETT KEESLING | PRESIDENT, BOARD MEMBER | 40.00 |
Officer
Director
|
$0 | $0 | $154,691 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $6,391,383 | $6,173,147 | $2,640,215 | $218,236 |
| 2024 | $4,746,686 | $4,272,599 | $2,728,832 | $474,087 |
| 2023 | $2,463,919 | $2,156,170 | $1,249,748 | $307,749 |
| 2022 | $1,364,093 | $1,177,277 | $390,949 | $186,816 |
| 2021 | $167,639 | $147,799 | $169,740 | $19,840 |
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