The Workfaith Connection

The Workfaith Connection experienced a significant operational deficit in 2023, with expenses exceeding revenue by over $1.1 million.

EIN: 204295703 · Houston, TX · NTEE: J20 · Updated: 2026-03-28

$3.4MRevenue

$2.9MAssets

85/100Mission Score (Excellent)

J20

About The Workfaith Connection

The Workfaith Connection (EIN: 204295703) is a nonprofit organization based in Houston, TX, classified under NTEE code J20. The organization reported total revenue of $3.4M and total assets of $2.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Workfaith Connection's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Workfaith Connection demonstrates a commitment to its mission, as evidenced by its consistent program spending. While the organization has experienced fluctuations in revenue and expenses over the past few years, it generally maintains a healthy asset base relative to its liabilities. For instance, in 2021, assets were $2,596,735 against liabilities of $122,180, indicating strong financial solvency. However, the most recent filing (202312) shows expenses exceeding revenue by over $1.1 million ($3,324,144 expenses vs. $2,137,786 revenue), which led to a decrease in assets from $3,859,745 in 2022 to $2,520,855 in 2023. This trend warrants close monitoring to ensure long-term sustainability.

The organization's transparency is commendable, particularly with zero reported officer compensation across all available filings. This suggests that leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which is a positive indicator for donor trust. The consistent filing of IRS 990s over 13 periods further reinforces its commitment to public accountability. While the spending breakdown is not explicitly detailed in the provided data, the overall financial health appears stable, despite recent operational deficits.

Overall, The Workfaith Connection appears to be a financially sound organization with a strong commitment to its mission and transparency. The recent deficit in 2023 is a point of concern, but the organization's historical financial management and asset base suggest it has the capacity to navigate such periods. Donors can generally be confident in the organization's operational integrity, though they should monitor future filings for sustained financial stability.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates The Workfaith Connection with a Mission Score of 85 out of 100 (Excellent). 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: 75%
fundraising: 10%

According to IRS 990 filings, The Workfaith Connection allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The Workfaith Connection consistently reports 0% officer compensation across all available filings, indicating that its leadership is either unpaid or compensated through non-officer categories, which is highly favorable for donor perception and suggests a strong commitment to mission over personal gain.

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 The Workfaith Connection's IRS 990 filings:

Significant operational deficit in 2023 ($1.1M), with expenses ($3,324,144) far exceeding revenue ($2,137,786).
Decrease in assets from $3,859,745 in 2022 to $2,520,855 in 2023, likely due to the operational deficit.

Strengths

The following positive indicators were identified for The Workfaith Connection:

Consistent reporting of 0% officer compensation across all filings, indicating strong financial ethics and potential volunteer leadership.
Long history of IRS 990 filings (13 periods), demonstrating commitment to transparency and accountability.
Generally strong asset base relative to liabilities, indicating financial stability despite recent fluctuations.
Historical ability to generate substantial revenue, with latest revenue at $3,434,859 and several years exceeding $3 million.

Frequently Asked Questions about The Workfaith Connection

Is The Workfaith Connection a good charity?

Based on the available data, The Workfaith Connection appears to be a good charity. It consistently reports 0% officer compensation, indicating strong financial stewardship, and has a history of maintaining a healthy asset base. However, the significant operational deficit in 2023 ($1.1M) is a recent concern that warrants monitoring.

What caused the large deficit in 2023?

The provided data shows that in 2023, The Workfaith Connection's expenses ($3,324,144) significantly outpaced its revenue ($2,137,786), leading to a deficit of over $1.1 million. The specific reasons for this increase in expenses or decrease in revenue are not detailed in the summary data, but it's a notable shift from previous years where revenue often exceeded or closely matched expenses.

How does the organization's asset base compare to its liabilities?

The Workfaith Connection generally maintains a strong asset-to-liability ratio. For example, in 2021, assets were $2,596,735 against liabilities of $122,180. Even in 2023, despite the deficit, assets of $2,520,855 still significantly exceeded liabilities of $1,151,267, indicating a healthy balance sheet.

Filing History

IRS 990 filing history for The Workfaith Connection showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), The Workfaith Connection's revenue has grown by 51.5%, moving from $1.4M to $2.1M. Total assets increased by 506.3% over the same period, from $416K to $2.5M. Total functional expenses rose by 160.6%, from $1.3M to $3.3M. In its most recent filing year (2023), The Workfaith Connection reported a deficit of $1.2M, with expenses exceeding revenue. The organization holds $1.2M in liabilities against $2.5M in assets (debt-to-asset ratio: 45.7%), resulting in net assets of $1.4M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$2.1M	$3.3M	$2.5M	$1.2M	—	—
2022	$2.8M	$3.0M	$3.9M	$1.2M	—	View 990
2021	$3.5M	$2.5M	$2.6M	$122K	—	View 990
2020	$2.6M	$3.1M	$1.5M	$149K	—	View 990
2019	$3.4M	$2.8M	$2.0M	$91K	—	View 990
2018	$2.4M	$3.1M	$1.2M	$30K	—	View 990
2017	$3.7M	$3.1M	$1.8M	$59K	—	—
2016	$2.7M	$2.7M	$1.1M	$49K	—	View 990
2015	$2.8M	$2.5M	$979K	$56K	—	View 990
2014	$2.5M	$2.1M	$685K	$35K	—	View 990
2013	$1.8M	$1.7M	$276K	$35K	—	View 990
2012	$1.3M	$1.5M	$239K	$55K	—	View 990
2011	$1.4M	$1.3M	$416K	$33K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $2.1M, expenses of $3.3M, and assets of $2.5M (revenue -24.5% year-over-year).
2022: Revenue of $2.8M, expenses of $3.0M, and assets of $3.9M (revenue -19.9% year-over-year).
2021: Revenue of $3.5M, expenses of $2.5M, and assets of $2.6M (revenue +35.0% year-over-year).
2020: Revenue of $2.6M, expenses of $3.1M, and assets of $1.5M (revenue -23.6% year-over-year).
2019: Revenue of $3.4M, expenses of $2.8M, and assets of $2.0M (revenue +42.6% year-over-year).
2018: Revenue of $2.4M, expenses of $3.1M, and assets of $1.2M (revenue -34.5% year-over-year).
2017: Revenue of $3.7M, expenses of $3.1M, and assets of $1.8M (revenue +33.8% year-over-year).
2016: Revenue of $2.7M, expenses of $2.7M, and assets of $1.1M (revenue -0.9% year-over-year).
2015: Revenue of $2.8M, expenses of $2.5M, and assets of $979K (revenue +10.3% year-over-year).
2014: Revenue of $2.5M, expenses of $2.1M, and assets of $685K (revenue +40.9% year-over-year).
2013: Revenue of $1.8M, expenses of $1.7M, and assets of $276K (revenue +42.0% year-over-year).
2012: Revenue of $1.3M, expenses of $1.5M, and assets of $239K (revenue -11.2% year-over-year).
2011: Revenue of $1.4M, expenses of $1.3M, and assets of $416K.

Data Sources and Methodology

This transparency report for The Workfaith Connection 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.