STATESWORK INC

🔒

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

Financial Trends

Organization Details

Formation Year

2022

Legal Domicile

Phone

2027935598

Tax Period

2022-01-01 to 2022-12-31

STATESWORK INC, founded in 2022, is a small nonprofit in the Human Services sector that reported $258K in total revenue in fiscal year 2022. Expenses of $238K left a modest 8% surplus.

Mission

StatesWorks three-fold mission is to: 1) Support states in fulfilling their constitutional roles across the full range of issues affecting Americans health, safety, welfare, and quality of life; 2) Provide a collaborative space and idea incubator for state leaders pursuing healthcare transformation aimed at increasing private sector competition, reducing costs, and promoting access to quality healthcare; and 3) Assist states in efforts to improve effective use of taxpayer resources devoted to programs of shared responsibility between the state and federal governments.

Program Service Accomplishments

Program 1

Expenses: $216,332

Educated state policy makers and leaders, including legislators and executive branch staff on state-level health reform efforts in one-on-one and small group settings.Testified before Texas...

Educated state policy makers and leaders, including legislators and executive branch staff on state-level health reform efforts in one-on-one and small group settings.Testified before Texas legislature on legislation to establish a state-based health insurance exchange in the state.Provided technical assistance and guidance to states on model exchange bill legislation.

🔒

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%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $258,104

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $258,104

Expense Breakdown

Grants Paid $0

Salaries & Benefits $216,332

Fundraising Expenses $0

Program Expenses $216,332

Other Expenses $21,671

TOTAL EXPENSES $238,003

Year-over-Year Comparison

	2022	2021	Change
Revenue	$258,104	N/A	N/A
Expenses	$238,003	N/A	N/A
Net Income	$20,101	N/A	N/A

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

Governance

Voting Members

Independent Members

N/A

Employees

N/A

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

$216,332

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHERYL GARDNER	Director	15.00	Officer	$109,239	$0	$109,239
RANDOLPH PATE	President	15.00	Officer	$107,093	$0	$107,093
BRETT KIRKMAN	Director	2.00	Director	$0	$0	$0
JAMES MOORE	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
2022	$258,104	$238,003	$20,101	$20,101