Workmatters EIN 20-0246317 Form 990 (PDF) Claim this org

Workmatters FY2021 filing

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Connects faith and work, helping people integrate their beliefs into their jobs. For fiscal year 2021 it reported $777K in revenue, $567K in expenses, and $1000K in net assets.Pt I

Founded
2003
Type
Religious organization · Religion
Location
Rogers, AR
Website
workmatters.org
Filings
6 on file (2020–2021)
Revenue
$777KFY2021
Expenses
$567K
Net assets
$1000K
People
11
Filings
6
Updates
0
More identity details & actions ⌄
EIN  20-0246317 Religious organization Rogers, AR Founded 2003
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →
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Size
$100K–1M
What they do
Connects faith and work, helping people integrate their beliefs into their jobs.
Leadership
David Roth · President & CEO · $134K
Money in and out
$777K revenue, $567K expenses
Bottom line
68% program efficiency
Where the money goes · FY2021
Total revenue
$777K
Pt VIII · Ln 12
Total expenses
$567K
Pt IX · Ln 25
Net assets
$1000K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $210K
Where spending went · Part IX cols B–D
Program services $0.68 Management & general $0.22 Fundraising $0.11
Program efficiency
68%
of spending reaches programs
Operating runway
21.0mo
months of highly liquid reserves at operating expense rate
Surplus margin
+27%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$777K
FY2021▼ -28%
Expenses
$567K
FY2021▼ -20%
Total assets
$1.0M
FY2021▲ +27%
Total liabilities
$4K
FY2021▲ ×11
Total revenue
$777K
Pt VIII · Ln 12
Total expenses
$567K
Pt IX · Ln 25
Net assets
$1000K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$210K
Total assetsPt X · Ln 16$1.0M
Program-expense ratioPt IX · col B68%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 49

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CWorkmatters
EINHdr · item D20-0246317
Principal addressHdr · item CRogers, AR
WebsiteHdr · item Jworkmatters.org
Year of formationHdr · item L2003
State of legal domicileHdr · item MAR
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFReligion (X20)
Ruling yearIRS BMFJan 2004

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a10
Independent voting membersPt VI · Ln 1b9
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President & CEO
$133,825Pt VII · Sec A
$106,453Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Brandon Swoboda’s $147K as President & CEO is at the 97th percentile of top reported officer pay among 2135 $100K–1M religion nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Brandon Swoboda$146,504$150,000$39,375
David Roth$140,438$138,210$133,825
David Roth$126,384
Ben Kirksey$119,438$117,519$106,453

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Mission & Programs · Part III

Where the work happens

3 program services account for $384K of program spending, described in the organization's own filed words · FY2021.
01

The workmatters institute is our premier faith and leadership development program for next-generation leaders who want to integrate their faith and work. In 2021 we executed two program formats: 1) our flagship wmi-arkansas, which consisted of a 12-WEEK class and 12-MONTH mentorship program with 31 leaders, and 2) wmi-online, an 8-WEEK…

$265Kprogram expense
02

Workmatters produces free and paid printed and digital resources to help christian men and woman integrate their faith and work. These include devotional resources on the youversion bible app, weekly blog and faith and leadership videos, bible studies, and on-demand learning content featuring video courses and former conference talks.

$101Kprogram expense
03

Other programs

$17Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$753K · 97%
Program service revenue$15K · 2%
Investment income$6K · 1%
Contributions & grants97%$753K
Program service revenue2%$15K
Investment income1%$6K
Other revenue$2K
Total revenueLn 12$777K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.68 Management & general $0.22 Fundraising $0.11
Program services68%$384K
Management & general22%$123K
Fundraising11%$60K
Total functional expensesLn 25$567K

Balance Sheet

Part X · end of year
CashLn 1$874K
Total assetsLn 16$1.0M
Total liabilitiesLn 26$4K
Total net assetsLn 32$1000K
Months of cash on handcomputed18.5

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $994K · Operating expenses/yr $567K
21.0 months
Where the money goes
Program services
Program services $384K · Total expenses $567K
68%
Management & General
Management & general $123K · Total expenses $567K
22%
Fundraising
Fundraising $60K · Total expenses $567K
11%
Cost to raise $1
Fundraising expense (2-yr avg) $96K · Solicited contributions (2-yr avg) $802K
$0.12 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $753K · Total revenue $777K
97%
Government reliance
Government grants — · Total revenue $777K
Earned-income share
Program service revenue $15K · Total revenue $777K
2%
Investment reliance
Investment income $6K · Total revenue $777K
+0.7%
Program self-sufficiency
Program service revenue $15K · Total expenses $567K
3%
Growth & trend
Revenue growth (YoY)
This year $777K · Prior year $1.1M
-28%
Net-asset trend (YoY)
End of year $1000K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $777K · Expenses $567K
+27%
Liabilities-to-Assets
Total liabilities — · Total assets $1.0M
Net-asset ratio
Net assets $1000K · Total assets $1.0M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $68K · Other securities (Pt X, ln 12) $52K · Total assets (Pt X, ln 16) $1.0M
12%
People & payroll
Highest Reported Total Compensation
Individual David Roth · Reported title PRESIDENT & CEO · Highest reported compensation $134K · Total expenses $567K
24%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $437K · Total expenses $567K
77%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 68%
Overhead ratio 22%
Fundraising cost ratio 8%
Revenue growth -28%
Accounting fee ratio 3%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$35K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$838K revenue · ⤓ 990 PDF
FY2024$674K revenue · ⤓ 990 PDF
FY2023$944K revenue · ⤓ 990 PDF
FY2022$929K revenue · ⤓ 990 PDF
FY2021$777K revenue · viewing · ⤓ 990 PDF
FY2020$1.1M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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