WORK PRESERVATION FUND 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

1977

Legal Domicile

Principal Officer

ROBERT WILLIAMS III

Phone

9257242333

Tax Period

2024-07-01 to 2025-06-30

WORK PRESERVATION FUND INC, founded in 1977, is a small nonprofit that reported $785K in total revenue in fiscal year 2024. Expenses of $693K left a modest 12% surplus.

Mission

TO IMPROVE COMMUNICATION BETWEEN REPRESENTATIVES OF LABOR AND MANAGEMENT.

Program Service Accomplishments

Program 1

IMPROVED COMMUNICATION BETWEEN REPRESENTATIVES OF LABOR AND MANAGEMENT, AND ENGENDERED COOPERATIVE AND HARMONIOUS RELATIONS BETWEEN LABOR AND MANAGEMENT IN CALIFORNIA PAINTING, DRYWALL, GLAZING...

IMPROVED COMMUNICATION BETWEEN REPRESENTATIVES OF LABOR AND MANAGEMENT, AND ENGENDERED COOPERATIVE AND HARMONIOUS RELATIONS BETWEEN LABOR AND MANAGEMENT IN CALIFORNIA PAINTING, DRYWALL, GLAZING, FLOORCOVERING, AND ALLIED INDUSTRIES. THE CORPORATION RECEIVED DONATED SERVICES IN VALUE OF $4,393 DURING THE FISCAL YEAR ENDED JUNE 30, 2025.

🔒

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 $0

Program Service Revenue $734,244

Investment Income $38,139

Other Revenue $12,361

TOTAL REVENUE $784,744

Expense Breakdown

Grants Paid $0

Salaries & Benefits $471,183

Fundraising Expenses $0

Other Expenses $222,301

TOTAL EXPENSES $693,484

Year-over-Year Comparison

	2024	2023	Change
Revenue	$784,744	$733,069	+0.1%
Expenses	$693,484	$720,775	0.0%
Net Income	$91,260	$12,294	+6.4%

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

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
Robert Williams III	President	1.0	Officer Director	$0	$0	$0
James Hewett	VICE PRESIDENT	1.0	Officer Director	$0	$0	$0
Jeannie Simpelo	SECRETARY/TREASURER THRU 03/25	1.0	Officer Director	$0	$0	$0
Frank Nunes	Secretary/Treasurer EFF 03/25	1.0	Officer Director	$0	$0	$0
John Tweedt	Director	1.0	Director	$0	$0	$0
Troy Notrangelo	Director	1.0	Director	$0	$0	$0
Lance Ryken	Director	1.0	Director	$0	$0	$0
Jim Koreen	Director	1.0	Director	$0	$0	$0
Tom Christophe	Director	1.0	Director	$0	$0	$0
Tom Herlache	Director	1.0	Director	$0	$0	$0
Mark Dutrow	Director	1.0	Director	$0	$0	$0
Brett Davis	Director EFF 10/24/2024	0.0	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	$784,744	$693,484	$2,890,417	$91,260
2024	No data	No data	No data	No data
2023	$694,789	$726,776	$2,909,074	$-31,987
2022	$689,012	$538,754	$2,710,714	$150,258
2021	$790,430	$328,440	$2,549,340	$461,990
2020	$855,276	$465,576	$2,093,840	$389,700
2019	$879,886	$497,744	$1,701,947	$382,142
2018	$813,428	$404,077	$1,320,877	$409,351