Community Work & Independence Inc
Community Work & Independence Inc shows recent financial surpluses and growing assets after periods of deficit spending.
EIN: 141470091 · Glens Falls, NY · NTEE: J30Z · Updated: 2026-03-28
Is Community Work & Independence Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Community Work & Independence Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Community Work & Independence Inc
Community Work & Independence Inc (EIN: 141470091) is a nonprofit organization based in Glens Falls, NY, classified under NTEE code J30Z. The organization reported total revenue of $23.2M and total assets of $18.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Community Work & Independence Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Community Work & Independence Inc is a large nonprofit that has been operating for 53 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $20.7M |
| Total Expenses | $16.9M |
| Surplus / Deficit | +$3.8M |
| Total Assets | $15.7M |
| Total Liabilities | $6.1M |
| Net Assets | $9.6M |
| Operating Margin | 18.2% |
| Debt-to-Asset Ratio | 38.9% |
| Months of Reserves | 11.1 months |
Financial Health Grade: A
In 2023, Community Work & Independence Inc reported a surplus of $3.8M with revenue exceeding expenses, holds 11.1 months of operating reserves (strong position), has a debt-to-asset ratio of 38.9% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Community Work & Independence Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.3% | -18.3% | +22.9% |
| 2022 | -7.5% | +12.6% | +22.0% |
| 2021 | +11.1% | -13.6% | -7.6% |
| 2020 | -12.9% | -9.1% | +39.4% |
| 2019 | +0.0% | +1.6% | -3.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1973 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Community Work & Independence Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Community Work & Independence Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $3.8M, with revenue exceeding expenses.
- Debt-to-asset ratio: 38.9%.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% officer compensation, which is unusual for an organization of this size ($20M+ revenue). This suggests either that executive compensation is not reported under 'officer compensation' or that executives are compensated through other means or entities, warranting further investigation of the full 990 forms.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Community Work & Independence Inc's IRS 990 filings:
- Consistent 0% officer compensation reported, which is unusual for an organization of this size and warrants further scrutiny.
- Periods of deficit spending from 2019-2022, though this trend has recently reversed.
Strengths
The following positive indicators were identified for Community Work & Independence Inc:
- Significant financial turnaround with a substantial surplus in 2023 ($3.7M).
- Consistent growth in assets, nearly doubling from $8.1M in 2019 to $15.6M in 2023.
- Stable revenue stream consistently around $20-23 million over the past decade.
Frequently Asked Questions about Community Work & Independence Inc
Is Community Work & Independence Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Community Work & Independence Inc (EIN: 141470091) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Community Work & Independence Inc spend its money?
Community Work & Independence Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Community Work & Independence Inc tax-deductible?
Community Work & Independence Inc is registered as a tax-exempt nonprofit (EIN: 141470091). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Community Work & Independence Inc a good charity?
Based on recent financial performance, CWI appears to be a financially stable organization with growing assets and recent surpluses (e.g., $3.7M surplus in 2023). However, without detailed expense breakdowns from the full 990s, it's difficult to fully assess spending efficiency and program impact.
Why is officer compensation reported as 0%?
The consistent reporting of 0% officer compensation across all available filings for an organization with over $20 million in revenue is highly unusual. This could indicate that executive leadership is compensated through a related entity, or that compensation is categorized differently within the 990, requiring a deeper dive into the full documents.
How has the organization's financial health changed over time?
CWI has shown significant improvement in its financial health. From 2019 to 2022, the organization frequently reported expenses exceeding revenue, leading to deficits. However, in 2023, it achieved a substantial surplus of over $3.7 million, and assets have nearly doubled since 2019, indicating a positive turnaround.
Filing History
IRS 990 filing history for Community Work & Independence Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Community Work & Independence Inc's revenue has declined by 14.9%, moving from $24.3M to $20.7M. Total assets increased by 58.9% over the same period, from $9.9M to $15.7M. Total functional expenses fell by 30.6%, from $24.4M to $16.9M. In its most recent filing year (2023), Community Work & Independence Inc reported a surplus of $3.8M, with revenue exceeding expenses. The organization holds $6.1M in liabilities against $15.7M in assets (debt-to-asset ratio: 38.9%), resulting in net assets of $9.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $20.7M | $16.9M | $15.7M | $6.1M | — | — |
| 2022 | $20.7M | $20.7M | $12.8M | $7.0M | — | — |
| 2021 | $22.3M | $18.4M | $10.5M | $4.6M | — | View 990 |
| 2020 | $20.1M | $21.3M | $11.3M | $9.5M | — | View 990 |
| 2019 | $23.1M | $23.4M | $8.1M | $5.1M | — | View 990 |
| 2018 | $23.1M | $23.1M | $8.4M | $5.0M | — | View 990 |
| 2017 | $23.2M | $23.4M | $8.4M | $5.0M | — | View 990 |
| 2016 | $23.2M | $23.5M | $8.5M | $4.9M | — | View 990 |
| 2015 | $23.3M | $23.5M | $8.2M | $4.4M | — | View 990 |
| 2014 | $22.7M | $23.1M | $8.4M | $4.3M | — | View 990 |
| 2013 | $23.3M | $23.3M | $8.9M | $4.4M | — | View 990 |
| 2012 | $23.8M | $24.0M | $9.5M | $5.0M | — | View 990 |
| 2011 | $24.3M | $24.4M | $9.9M | $5.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $20.7M, expenses of $16.9M, and assets of $15.7M (revenue +0.3% year-over-year).
- 2022: Revenue of $20.7M, expenses of $20.7M, and assets of $12.8M (revenue -7.5% year-over-year).
- 2021: Revenue of $22.3M, expenses of $18.4M, and assets of $10.5M (revenue +11.1% year-over-year).
- 2020: Revenue of $20.1M, expenses of $21.3M, and assets of $11.3M (revenue -12.9% year-over-year).
- 2019: Revenue of $23.1M, expenses of $23.4M, and assets of $8.1M (revenue +0.0% year-over-year).
- 2018: Revenue of $23.1M, expenses of $23.1M, and assets of $8.4M (revenue -0.5% year-over-year).
- 2017: Revenue of $23.2M, expenses of $23.4M, and assets of $8.4M (revenue -0.1% year-over-year).
- 2016: Revenue of $23.2M, expenses of $23.5M, and assets of $8.5M (revenue -0.3% year-over-year).
- 2015: Revenue of $23.3M, expenses of $23.5M, and assets of $8.2M (revenue +2.7% year-over-year).
- 2014: Revenue of $22.7M, expenses of $23.1M, and assets of $8.4M (revenue -2.6% year-over-year).
- 2013: Revenue of $23.3M, expenses of $23.3M, and assets of $8.9M (revenue -2.2% year-over-year).
- 2012: Revenue of $23.8M, expenses of $24.0M, and assets of $9.5M (revenue -2.0% year-over-year).
- 2011: Revenue of $24.3M, expenses of $24.4M, and assets of $9.9M.
Data Sources and Methodology
This transparency report for Community Work & Independence Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.