Is Workmatters Legit?

Strengths

Consistent growth in assets over the past decade, from $275,145 in 2014 to $710,027 in 2023.
Extremely low liabilities across all reported periods, indicating a healthy balance sheet and minimal debt.
History of revenues often exceeding expenses in prior years (e.g., 2021 revenue $776,560 vs. expenses $566,647), demonstrating operational efficiency.
Strong financial transparency with 13 years of consistent IRS 990 filings.

Spending Breakdown

How Workmatters allocates its funds across programs, administration, and fundraising.

80%

Program Spending

Healthy — majority goes to mission

15%

Admin Costs

Reasonable — admin costs in check

Fundraising

Within typical range

How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about Workmatters

Is Workmatters a legitimate charity?

Based on AI analysis of IRS 990 filings, Workmatters (EIN: 200246317) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.

Is Workmatters a good charity to donate to?

Workmatters has a Mission Score of 85/100. Revenue: $674K. Assets: $458K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Workmatters?

The Employer Identification Number (EIN) for Workmatters is 200246317. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does Workmatters spend its money?

Workmatters allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Workmatters's tax-exempt status?

You can verify Workmatters's tax-exempt status using EIN 200246317 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

Workmatters demonstrates a generally stable financial history, with revenues fluctuating but often exceeding expenses in recent years, indicating a capacity for growth and program delivery. For instance, in 2022, revenue was $929,164 against expenses of $912,045, and in 2021, revenue was $776,560 against expenses of $566,647. However, the most recent filing (2023) shows expenses ($1,213,160) significantly exceeding revenue ($943,590), resulting in a deficit for that period. This recent trend warrants closer observation to ensure it's not a recurring pattern.

The organization's asset base has shown consistent growth over the past decade, from $275,145 in 2014 to $710,027 in 2023, suggesting prudent financial management and accumulation of resources. Liabilities have remained very low across all reported periods, indicating a healthy balance sheet and minimal debt burden. The consistent reporting of 0% officer compensation across all filings is a notable aspect of their transparency and financial structure, suggesting that executive leadership may be volunteer-based or compensated through other means not categorized as officer compensation on the 990, which is a positive indicator for donor confidence.

Overall, Workmatters appears to be a financially sound organization with a strong balance sheet and a history of efficient operations, though the recent deficit in 2023 should be monitored. Their consistent financial reporting and low liability profile contribute to a positive transparency assessment.

Verdict: Workmatters appears trustworthy

Red Flags