FAMILYWORKS (EIN 911757277) - Form 990 Financial Analysis & Trantor Score

🔒

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

1995

Legal Domicile

Principal Officer

MARCIA WRIGHT-SOIKA

Phone

2066471770

Tax Period

2024-01-01 to 2024-12-31

FAMILYWORKS, founded in 1995, is a community nonprofit in the Community Improvement sector that reported $8.7M in total revenue in fiscal year 2024. Revenue surged 95% from the prior year, signaling strong growth momentum. The organization ran a surplus of $4.5M, a strong 51% operating margin.

Mission

NUTRITION: FOOD DISTRIBUTION IN WALLINGFORD AND GREENWOOD, FOOD DELIVERY, STUDENT WEEKEND FOOD PROGRAM IN COLLABORATION WITH LOCAL SCHOOLS, NEW MOBILE FOOD PANTRY THAT REACHES COMMUNITY ORGANIZATIONS BY REQUEST, AND TEXT-TO-GO, A FOOD BOX ORDERING SERVICE FROM THE FOOD BANK VIA TEXT.FAMILY SUPPORT: FAMILY ADVOCACY, COMMUNITY CONNECTORS - ONE-ON-ONE ENROLLMENT ASSISTANCE IN PUBLIC OR COMMUNITY BENEFITS, COMMUNITY CLOSET - FAMILY STORE WITH FREE CLOTHING/TOYS/BOOKS/DIAPERS/SCHOOLS SUPPLIES, MULTILINGUAL PLAYGROUPS, DIAPER BANK, PARENTING AND OTHER SKILLS TRAINING, COMMUNITY BUILDING, CHICAS DE HOY, TEEN PARENT ALUMNI GROUP, YOUTH EMPOWERMENT PROGRAMS, SATELLITE RESOURCE CENTER AT NATHAN HALE HIGH SCHOOL. WE BELIEVE THAT AN INDIVIDUAL OR A FAMILY CAN BE MOST RESILIENT WHEN THEY HAVE ACCESS TO QUALITY FOOD AND ESSENTIAL RESOURCES WITHIN AN ENVIRONMENT WHERE THEY CAN FEEL A SENSE OF BELONGING WITHIN A SUPPORTIVE COMMUNITY.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $8,874,748

Program Service Revenue $0

Investment Income $11,177

Other Revenue $-138,565

TOTAL REVENUE $8,747,360

Expense Breakdown

Grants Paid $1,427,545

Salaries & Benefits $1,635,882

Fundraising Expenses $376,031

Program Expenses $3,425,845

Other Expenses $1,199,026

TOTAL EXPENSES $4,262,453

Year-over-Year Comparison

	2024	2023	Change
Revenue	$8,747,360	$4,484,879	+1.0%
Expenses	$4,262,453	$3,506,657	+0.2%
Net Income	$4,484,907	$978,222	+3.6%

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

Employees

Volunteers

333

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

$172,428

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ABDUL Q SUBEDAR	DIRECTOR	0.20	Director	$0	$0	$0
ALESSANDRA POLLOCK	DIRECTOR	0.60	Director	$0	$0	$0
ALISON PARSONS	DIRECTOR	4.00	Director	$0	$0	$0
ANINDITA CHATTERJEE	DIRECTOR	0.60	Director	$0	$0	$0
BILLY VILUAN-MCLENDON	PRESIDENT	1.30	Officer Director	$0	$0	$0
BRYAN KNOLL	DIRECTOR	0.60	Director	$0	$0	$0
CRAIG GREENE	DIRECTOR	0.80	Director	$0	$0	$0
GLORIS ESTRELLA	DIRECTOR	0.40	Director	$0	$0	$0
JENNIFER ROGERS	DIRECTOR	0.70	Director	$0	$0	$0
JOHN OLSON	DIRECTOR	0.30	Director	$0	$0	$0
LAURA MCMILLAN	DIRECTOR	0.60	Director	$0	$0	$0
MIKE BILLISH	DIRECTOR	0.60	Director	$0	$0	$0
PAMELA NG	DIRECTOR	1.00	Director	$0	$0	$0
RICHARD NEELY	VICE PRESIDENT	0.90	Officer Director	$0	$0	$0
RUCHIKA GUPTA TRUITT	DIRECTOR	0.30	Director	$0	$0	$0
SENANU AGGOR	TREASURER	0.80	Officer Director	$0	$0	$0
SHANDA BOYETT	SECRETARY	0.80	Officer Director	$0	$0	$0
BRIANNA JACKSON	DIRECTOR (OUTGOING)	0.50	Director	$0	$0	$0
MARCELLA MENEGALE	DIRECTOR (OUTGOING)	0.50	Director	$0	$0	$0
MARCIA WRIGHT-SOIKA	EXECUTIVE DIRECTOR	40.00	Officer	$159,751	$12,677	$172,428
REHANA LANEWALA	DIRECTOR OF DEVELOPMENT & COMM	40.00	Highest	$108,387	$24,871	$133,258

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	$8,747,360	$4,262,453	$10,402,265	$4,484,907
2023	$4,484,879	$3,506,657	$6,049,545	$978,222
2022	$3,439,845	$2,974,092	$4,091,231	$465,753
2021	$3,151,440	$2,605,313	$2,665,626	$546,127
2020	$3,014,775	$2,095,578	$2,126,321	$919,197
2019	$1,978,112	$2,027,771	$1,080,474	$-49,659
2018	$1,928,416	$1,900,357	$994,845	$28,059

FAMILYWORKS