THE WORK LAB INC (EIN 933515839) - Form 990 Financial Analysis & Trantor Score

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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

Principal Officer

CHAD MARES

Phone

4022580469

Tax Period

2024-07-01 to 2025-06-30

THE WORK LAB INC, founded in 2023, is a small nonprofit in the Employment sector that reported $733K in total revenue in fiscal year 2024. Revenue grew 19% year-over-year, indicating healthy expansion.

Mission

BUILD THE LIFE YOU WANT, SUPPORTED BY YOUR WORK.

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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 $65,000

Program Service Revenue $667,502

Investment Income $0

Other Revenue $754

TOTAL REVENUE $733,256

Expense Breakdown

Grants Paid $0

Salaries & Benefits $654,765

Fundraising Expenses $27,939

Program Expenses $696,792

Other Expenses $108,867

TOTAL EXPENSES $763,632

Year-over-Year Comparison

	2024	2023	Change
Revenue	$733,256	$614,071	+0.2%
Expenses	$763,632	$329,745	+1.3%
Net Income	$-30,376	$284,326	-1.1%

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

$105,104

Total Directors

$105,104

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHAD MARES	PRESIDENT	40.00	Officer Director	$102,043	$3,061	$105,104
KEISHA THOMAS	VICE CHAIR	2.00	Officer Director	$0	$0	$0
TAMMY CARLSON	CHAIR	2.00	Officer Director	$0	$0	$0
AMY SHRECK	TREASURER	2.00	Officer Director	$0	$0	$0
STEVE BOGUE	SECRETARY	2.00	Officer Director	$0	$0	$0
SCOTT SIMET	DIRECTOR	1.00	Director	$0	$0	$0
KILEY ARMITAGE	DIRECTOR	1.00	Director	$0	$0	$0
LORI BRUCKNER	DIRECTOR	1.00	Director	$0	$0	$0
REBECCA CRAWFORD	DIRECTOR	1.00	Director	$0	$0	$0
ASHLY PALADINO	DIRECTOR	1.00	Director	$0	$0	$0
HEATH MELLO	DIRECTOR	1.00	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
2025	$733,256	$763,632	$173,615	$-30,376
2024	No data	No data	No data	No data

THE WORK LAB INC