Socialworks EIN 81-3662609 Form 990 (PDF) Claim this org

Socialworks

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Empowers youth through arts, education, and civic engagement. For fiscal year 2024 it reported $338K in revenue, $370K in expenses, and $103K in net assets.Pt I

Type
Public charity (501(c)(3)) · Human Services
Location
Los Angeles, CA
Website
www.socialworkschi.org
Filings
5 on file (2020–2024)
Revenue
$338KFY2024
Expenses
$370K
Net assets
$103K
People
5
Filings
5
Updates
0
More identity details & actions ⌄
EIN  81-3662609 Public charity (501(c)(3)) Los Angeles, CA
Form 990 (PDF)
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Size
$100K–1M
What they do
Empowers youth through arts, education, and civic engagement.
Leadership
Justin Cunningham · Executive Director · $125K
Money in and out
$338K revenue, $370K expenses
Bottom line
100% program efficiency
Where the money goes · FY2024
Total revenue
$338K
Pt VIII · Ln 12
Total expenses
$370K
Pt IX · Ln 25
Net assets
$103K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$32K
Where spending went · Part IX cols B–D
Program services $1.00
Program efficiency
100%
of spending reaches programs0% vs prior filing year
Operating runway
3.2mo
months of highly liquid reserves at operating expense rate▲ +88% vs prior filing year
Surplus margin
-9%
revenue over expenses, this year▲ +85% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$338K
FY2024▼ -40%
Expenses
$370K
FY2024▼ -60%
Total assets
$103K
FY2024▼ -24%
Total liabilities
$0
FY2024
Total revenue
$338K
Pt VIII · Ln 12
Total expenses
$370K
Pt IX · Ln 25
Net assets
$103K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$32K
Total assetsPt X · Ln 16$103K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45
Mission & Programs · Part III

Where the work happens

3 program services account for $38K of program spending, described in the organization's own filed words · FY2024.
01

Warmest winter is an initiative inspiring others through SERVICE.LAUNCHED in december 2015, this initiative began because chance wantedto give chicago's highly mobile community a practical coat that, at thevery least, was practical and able to withstand chicago's harshwinters.

$26Kprogram expense
02

My state of mind is a mental health tool to connect people to WELLNESS.WITH our team of wellness professionals, there are thousands of mentalhealth resources with the goal of helping in a time of need.

$10Kprogram expense
03

A space for young creatives to share, express, and network with like-minded peers. Held at various community-focused businesses, this event features randomly selected students presenting a 3-MINUTE piece of their choice.

$2Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CSocialworks
EINHdr · item D81-3662609
Principal addressHdr · item CLos Angeles, CA
WebsiteHdr · item Jwww.socialworkschi.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P20)
Ruling yearIRS BMFOct 2017

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 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$125,004Pt VII · Sec A
Secretary
$125,000Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Justin Cunningham’s $125K as Executive Director is at the 94th percentile of top reported officer pay among 2165 $100K–1M human services 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 · 3 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Justin Cunningham$125,004$132,500$125,000$132,596$147,404
Essense Smith$125,000$129,731
Essence Smith$115,000$128,063$122,020

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
Contributions & grants$335K · 99%
Investment income$3K · 1%
Contributions & grants99%$335K
Investment income1%$3K
Other revenue$288
Total revenueLn 12$338K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$370K
Total functional expensesLn 25$370K

Balance Sheet

Part X · end of year
CashLn 1$100K
Total assetsLn 16$103K
Total liabilitiesLn 26$0
Total net assetsLn 32$103K
Months of cash on handcomputed3.2

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $100K · Operating expenses/yr $370K
3.2 months
Where the money goes
Program services
Program services $370K · Total expenses $370K
100%
Management & General
Management & general $0 · Total expenses $370K
0%
Fundraising
Fundraising $0 · Total expenses $370K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $471K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $335K · Total revenue $338K
99%
Government reliance
Government grants — · Total revenue $338K
Earned-income share
Program service revenue $0 · Total revenue $338K
0%
Investment reliance
Investment income $3K · Total revenue $338K
+0.9%
Program self-sufficiency
Program service revenue $0 · Total expenses $370K
0%
Growth & trend
Revenue growth (YoY)
This year $338K · Prior year $567K
-40%
Revenue CAGR
FY2020 $1.2M · FY2024 $338K
-27%
Net-asset trend (YoY)
End of year $103K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $338K · Expenses $370K
-9%
Liabilities-to-Assets
Total liabilities — · Total assets $103K
Net-asset ratio
Net assets $103K · Total assets $103K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $103K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Justin Cunningham · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $125K · Total expenses $370K
34%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $302K · Total expenses $370K
82%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 100%
Overhead ratio 0%
Fundraising cost ratio 0%
Revenue growth -40%

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 · received and paid
Grants received · FY2023
Total grants receivedfrom 3 funders$70K
See all 3 funders →
Grants paid · 7 grants · $2.6M · 2020–2023
Emerald Avenue Church of God - Kok CampFY2023$86,376
Emerald Avenue Church of God - Kok CampFY2022$155,610
Emerald Avenue Church of God - Kok CampFY2021$88,159
Emerald Avenue Church of God - Kok CampFY2020$81,027

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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
FY2024 (Latest)$338K revenue · viewing · ⤓ 990 PDF
FY2023$567K revenue · ⤓ 990 PDF
FY2022$526K revenue · ⤓ 990 PDF
FY2021$1.4M revenue · ⤓ 990 PDF
FY2020$1.2M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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