The Workfaith Connection
- Assets
- $3.9m
- Revenue
- $2.8m
- Investments
- $0.0
- Employees
- 0
- Location
- Houston, TX
- Founding
- 04/2007
- Data as of
- 12/2022
- EIN
- 20-4295703
Organization Overview
The Workfaith Connection is located in Houston, TX. The organization was established in 2007. According to its NTEE Classification (J20) the organization is classified as: Employment Preparation & Procurement, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Workfaith Connection is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Workfaith Connection generated $2.8m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $3.0m during the year ending 12/2022. While expenses have increased by 2.0% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
WORKFAITH PROVIDES FAITH-BASED TRAINING AND COACHING FOR ANYONE WHO DESIRES LONG-TERM EMPLOYMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2022, WORKFAITH INCREASED THE NUMBER OF CLIENTS SERVED THROUGH OUR JOB SEARCH ACCELERATOR AND PROFESSIONAL DEVELOPMENT PROGRAMS BY 78% TO 2,594 INDIVIDUALS. OVER $19 MILLION WAS EARNED BY WORKFAITH CLIENTS THROUGH 908 JOBS, OBTAINED AT AN AVERAGE WAGE RATE OF $16.47 PER HOUR. THE 2022 ROI WAS 624%, MEANING FOR EVERY $1 DONATED, APPROXIMATELY $6.24 WAS LATER EARNED BY A WORKFAITH CLIENT. ADDITIONALLY IN 2022, WORKFAITH EXPANDED THE DELIVERY MODEL, EVOLVED PROGRAMMATICALLY, AND LAUNCHED THEIR FIRST ON-DEMAND LEARNING EXPERIENCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anthony Flynn CEO | Officer | 40 | $217,000 |
Matthew Killian COO | Officer | 40 | $113,260 |
Embry Canterbury Chairman | OfficerTrustee | 0.5 | $0 |
Kelly Boots Vice Chairman | OfficerTrustee | 0.5 | $0 |
Fred Brazelton Director/finance Chairman | OfficerTrustee | 0.5 | $0 |
Douglas Chapman Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $296,913 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,529,588 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,826,501 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,831,346 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $330,260 |
| Compensation of current officers, directors, key employees. | $33,026 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,723,208 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $142,899 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $291,869 |
| Advertising and promotion | $73,666 |
| Office expenses | $3,370 |
| Information technology | $90,690 |
| Royalties | $0 |
| Occupancy | $208,843 |
| Travel | $13,733 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $135,989 |
| Interest | $310 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $31,043 |
| Insurance | $8,602 |
| All other expenses | -$126,909 |
| Total functional expenses | $2,983,955 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,291,865 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $320,000 |
| Accounts receivable, net | $2,966 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $18,921 |
| Net Land, buildings, and equipment | $31,935 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,194,058 |
| Total assets | $3,859,745 |
| Accounts payable and accrued expenses | $153,615 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,084,184 |
| Total liabilities | $1,237,799 |
| Net assets without donor restrictions | $1,647,682 |
| Net assets with donor restrictions | $974,264 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,859,745 |