National Reentry Workforce Collaborative

EIN: 923430833 501(c)(3) Crime & Legal

Philadelphia, PA

Total Revenue
$859,098
Total Expenses
$830,126
Total Assets
$220,416
Net Assets
$29,851
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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

Formation Year
2023
Legal Domicile
PA
Principal Officer
Jason Whyte
Phone
2677579288
Tax Period
2024-01-01 to 2024-12-31

National Reentry Workforce Collaborative, founded in 2023, is a small nonprofit in the Crime & Legal sector that reported $859K in total revenue in fiscal year 2024. Revenue surged 156% from the prior year, signaling strong growth momentum. Expenses of $830K left a modest 3% surplus.

Mission

National Reentry Workforce Collatorative supports a network of providers in the workforce that work to promote economic mobility for justice-impacted job seekers.

Program Service Accomplishments

Program 1
Expenses: $349,986 Revenue: $359,068

NRWC provides a suite of services and resources focused on building and advancing the field of reentry workforce. We are a trusted convener and a go-to source for guidance, evidence-based practices...

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NRWC provides a suite of services and resources focused on building and advancing the field of reentry workforce. We are a trusted convener and a go-to source for guidance, evidence-based practices, and information about reentry specific issues that shape workforce development policies. NRWC plays a critical role in practice improvement by advising local and national organizations on innovative solutions that can close gaps and providing holistic reintegration and workforce development services to returning citizens.

Program 2
Expenses: $279,291 Revenue: $299,265

An annual conference brings together some of the leading voices from the reentry workforce field: business leaders, practitioners, government representatives, academics, advocates, individuals with...

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An annual conference brings together some of the leading voices from the reentry workforce field: business leaders, practitioners, government representatives, academics, advocates, individuals with lived experience, and other stakeholders. Participants will engage in a variety of learning and networking opportunities to increase their knowledge about leading practices and policies, sharpen their skills to implement effective programming, and build strategic connections that will go beyond the conference.

Program 3
Expenses: $106,852 Revenue: $183,550

The Reentry Specialist Certification is a self-paced online certification program that sets a standard for community reentry programs, linking program models to evidence-informed principles. It...

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The Reentry Specialist Certification is a self-paced online certification program that sets a standard for community reentry programs, linking program models to evidence-informed principles. It covers foundational knowledge, evidence-based skills, and core competencies, aiding professional development. This certification ensures reentry specialists and leaders have the latest science and impactful strategies at their disposal.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $359,445
Program Service Revenue $499,653
Investment Income $0
Other Revenue $0
TOTAL REVENUE $859,098

Expense Breakdown

Grants Paid $0
Salaries & Benefits $362,402
Fundraising Expenses $33,169
Program Expenses $736,129
Other Expenses $467,724
TOTAL EXPENSES $830,126

Year-over-Year Comparison

2024 2023 Change
Revenue $859,098 $335,101 +1.6%
Expenses $830,126 $334,222 +1.5%
Net Income $28,972 $879 +32.0%
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

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Governance

Voting Members
7
Independent Members
6
Employees
3
Volunteers
20

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
1
$168,750
Total Directors
7
$168,750
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jason Whyte CEO & President 40.00
Officer Director
$168,750 $0 $168,750
Richard Morales Treasurer 2.00
Director
$0 $0 $0
Surabhi Jain Secretary 2.00
Director
$0 $0 $0
Paul Schultz Board Director 2.00
Director
$0 $0 $0
Michelle Mitchell Board Director 2.00
Director
$0 $0 $0
Ken Oliver Board Director 2.00
Director
$0 $0 $0
Dean Williams Board 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
2024 $859,098 $830,126 $220,416 $28,972
2023 $335,101 $334,222 $91,388 $879
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