Work Plus Incorporated EIN 39-1540523

Work Plus Incorporated FY2022 filing

EIN  39-1540523 Public charity (501(c)(3)) Madison, WI Founded 1985
Form 990 (PDF)
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Size
$100K–1M
What they do
Helps people with disabilities find jobs and learn job skills in Dane County.
Leadership
Kathleen Schoepp · Executive Director · $98K
Money in and out
$587K revenue, $643K expenses

Helps people with disabilities find jobs and learn job skills in Dane County. For fiscal year 2022 it reported $587K in revenue, $643K in expenses, and $719K in net assets.Pt I

Where the money goes · FY2022
Total revenue
$587K
Pt VIII · Ln 12
Total expenses
$643K
Pt IX · Ln 25
Net assets
$719K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$56K
Where spending went · Part IX cols B–D
Program services $0.67 Management & general $0.33

Summary of the Filing

Part I · fiscal year 2022 · Form 990-T
Revenue
$587K
FY2022▼ -45%
Expenses
$643K
FY2022▼ -12%
Total assets
$1.1M
FY2022▼ -20%
Total liabilities
$390K
FY2022▼ -36%
Total revenue
$587K
Pt VIII · Ln 12
Total expenses
$643K
Pt IX · Ln 25
Net assets
$719K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$56K
Total assetsPt X · Ln 16$1.1M
Program-expense ratioPt IX · col B67%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45
Mission & Programs · Part III

Where the work happens

1 program service account for $431K of program spending, described in the organization's own filed words · FY2022.
01

In 2022, work plus saw a continued reduction in services due to the covid pandemic. We continued to support and provide services to individuals working on the front lines as essential workers, and to those individuals whose employers remained open and were not working remotely.

$431Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CWork Plus Incorporated
EINHdr · item D39-1540523
Principal addressHdr · item CMadison, WI
WebsiteHdr · item Jworkplus.org
Year of formationHdr · item L1985
State of legal domicileHdr · item MWI
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEmployment (J300)
Ruling yearIRS BMFMay 1986

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b5
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
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
Executive Director
$97,991Pt VII · Sec A
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Kathleen Schoepp’s $69K as Executive Director is at the 64th percentile of top reported officer pay among 1212 $100K–1M employment 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 · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Kathleen Schoepp$69,091$93,566$84,496$97,991$83,281$80,297

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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Statement of Revenue

Part VIII
Program service revenue$508K · 86%
Contributions & grants$68K · 12%
Investment income$4K · 1%
Other revenue$7K · 1%
Program service revenue86%$508K
Contributions & grants12%$68K
Investment income1%$4K
Other revenue1%$7K
— government grantsLn 1e$66K
Total revenueLn 12$587K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.67 Management & general $0.33
Program services67%$431K
Management & general33%$212K
Total functional expensesLn 25$643K

Balance Sheet

Part X · end of year
CashLn 1$715K
Total assetsLn 16$1.1M
Total liabilitiesLn 26$390K
Total net assetsLn 32$719K
Months of cash on handcomputed13.3

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$40

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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)$663K revenue · ⤓ 990 PDF
FY2024$624K revenue · ⤓ 990 PDF
FY2023$602K revenue · ⤓ 990 PDF
FY2022$587K revenue · viewing · ⤓ 990 PDF
FY2021$1.1M revenue · ⤓ 990 PDF
FY2020$950K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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