HONORARY SHERIFFS WORKFORCE INITIA… - Form 990 Financial Data

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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

Principal Officer

JOSE CLAUDIO

Phone

4134275507

Tax Period

2024-07-01 to 2025-06-30

HONORARY SHERIFFS WORKFORCE INITIATIVE INC is a small nonprofit in the Education sector that reported $324K in total revenue in fiscal year 2024. Revenue surged 46% from the prior year, signaling strong growth momentum. Expenses of $306K left a modest 5% surplus.

Mission

TO SUPPORT AT RISK INDIVIDUALS IN HAMPDEN COUNTY, MASSACHUSETTS ESPECIALLY THOSE WHO ARE CURRENTLY INCARCERATED, RECENTLY INCARCERATED, HOMELESS INDIVIDUALS, JOBLESS INDIVIDUALS NA DINDIVIDUALS OF LIMITED FINANCIAL MEANS BY PROVIDING WORK EXPERIENCE AND JOB TRAINING.

Program Service Accomplishments

Program 1

Expenses: $298,746

TO SUPPORT AT RISK INDIVIDUALS IN HAMPDEN COUNTY, MASSACHUSETTS ESPECIALLY THOSE WHO ARE CURRENTLY INCARCERATED, RECENTLY INCARCERATED, HOMELESS INDIVIDUALS, JOBLESS INDIVIDUALS AND INDIVIDUALS OF...

TO SUPPORT AT RISK INDIVIDUALS IN HAMPDEN COUNTY, MASSACHUSETTS ESPECIALLY THOSE WHO ARE CURRENTLY INCARCERATED, RECENTLY INCARCERATED, HOMELESS INDIVIDUALS, JOBLESS INDIVIDUALS AND INDIVIDUALS OF LIMITED FINANCIAL MEANS BY PROVIDING WORK EXPERIENCE AND JOB TRAINING.

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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 $260,080

Program Service Revenue $61,920

Investment Income $14

Other Revenue $1,810

TOTAL REVENUE $323,824

Expense Breakdown

Grants Paid $0

Salaries & Benefits $298,270

Fundraising Expenses $0

Program Expenses $306,455

Other Expenses $8,185

TOTAL EXPENSES $306,455

Year-over-Year Comparison

	2024	2023	Change
Revenue	$323,824	$221,721	+0.5%
Expenses	$306,455	$212,073	+0.4%
Net Income	$17,369	$9,648	+0.8%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID BLONIARZ	DIRECTOR	N/A	Director	$0	$0	$0
PATRICIA CANAVAN	DIRECTOR	N/A	Director	$0	$0	$0
JOSE CLAUDIO	PRESIDENT	N/A	Officer Director	$0	$0	$0
DENISE JORDAN	CLERK	N/A	Officer Director	$0	$0	$0
ANNE KANDILIS	TREASURER	N/A	Officer 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	$323,824	$306,455	$61,038	$17,369
2023	$118,593	$120,399	$34,426	$-1,806
2021	No data	No data	No data	No data

HONORARY SHERIFFS WORKFORCE INITIATIVE INC