Workwell Partnership EIN 88-2646920

Workwell Partnership

EIN  88-2646920 Public charity (501(c)(3)) Trenton, NJ
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Size
$100K–1M
What they do
Prepares formerly incarcerated citizens for sustainable careers through job training and support.
Leadership
Jeannette Rizk · Executive Dir. · $56K
Money in and out
$478K revenue, $428K expenses
Bottom line
77% program efficiency

Prepares formerly incarcerated citizens for sustainable careers through job training and support. For fiscal year 2025 it reported $478K in revenue, $428K in expenses, and $210K in net assets.Pt I

Where the money goes · FY2025
Total revenue
$478K
Pt VIII · Ln 12
Total expenses
$428K
Pt IX · Ln 25
Net assets
$210K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $50K
Where spending went · Part IX cols B–D
Program services $0.77 Management & general $0.20 Fundraising $0.03
Program efficiency
77%
of spending reaches programs▼ -2% vs prior filing year
Operating runway
6.2mo
months of highly liquid reserves at operating expense rate▼ -5% vs prior filing year
Surplus margin
+10%
revenue over expenses, this year▼ -46% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$478K
FY2025▲ +5%
Expenses
$428K
FY2025▲ +16%
Total assets
$266K
FY2025▲ +3%
Total liabilities
$57K
FY2025▼ -43%
Total revenue
$478K
Pt VIII · Ln 12
Total expenses
$428K
Pt IX · Ln 25
Net assets
$210K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$50K
Total assetsPt X · Ln 16$266K
Program-expense ratioPt IX · col B77%
Voting members of governing bodyPt I · Ln 314
Independent voting membersPt I · Ln 414
Mission & Programs · Part III

Where the work happens

1 program service account for $329K of program spending, described in the organization's own filed words · FY2024.
01

The WorkWell Partnership operates a number of programs annually that equips men and women with workplace and life skills needed for sustained employment and community engagement. WorkWell helps the formerly incarcerated find meaningful employment and stable lives in fulfillment of its vision: Removing walls, building community: working…

$329Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CWorkwell Partnership
EINHdr · item D88-2646920
Principal addressHdr · item CTrenton, NJ
WebsiteHdr · item Jwww.workwellpartnership.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNJ
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B60)
Ruling yearIRS BMFAug 2022

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a14
Independent voting membersPt VI · Ln 1b14
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 · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Executive Dir.
$55,757Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Jeannette Rizk’s $56K as Executive Dir. is at the 47th percentile of top reported officer pay among 1616 $100K–1M education 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

NameFY2025FY2024FY2023
Jeannette Rizk$55,757$46,250$20,833

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 & grants100%$478K
Investment income$226
— government grantsLn 1e$192K
Total revenueLn 12$478K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.77 Management & general $0.20 Fundraising $0.03
Program services77%$329K
Management & general20%$86K
Fundraising3%$14K
Total functional expensesLn 25$428K

Balance Sheet

Part X · end of year
CashLn 1$214K
Total assetsLn 16$266K
Total liabilitiesLn 26$57K
Total net assetsLn 32$210K
Months of cash on handcomputed6.0

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $214K · Operating expenses (Pt IX) $428K · Less non-cash grants $12K · Cash operating expenses/yr $416K
6.2 months
Where the money goes
Program services
Program services $329K · Total expenses $428K
77%
Management & General
Management & general $86K · Total expenses $428K
20%
Fundraising
Fundraising $14K · Total expenses $428K
3%
Cost to raise $1
Fundraising expense (2-yr avg) $7K · Solicited contributions (2-yr avg) $262K
$0.03 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $478K · Total revenue $478K
100%
Government reliance
Government grants $192K · Total revenue $478K
40%
Earned-income share
Program service revenue $0 · Total revenue $478K
0%
Investment reliance
Investment income $226 · Total revenue $478K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $428K
0%
Growth & trend
Revenue growth (YoY)
This year $478K · Prior year $456K
+5%
Net-asset trend (YoY)
End of year $210K · Beginning of year $160K
+31%
Balance sheet
Surplus Margin
Revenue $478K · Expenses $428K
+10%
Liabilities-to-Assets
Total liabilities $57K · Total assets $266K
21%
Net-asset ratio
Net assets $210K · Total assets $266K
79%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $266K
0%
People & payroll
Highest Reported Total Compensation
Individual Jeannette Rizk · Reported title Executive Dir. · Highest reported compensation $56K · Total expenses $428K
13%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $305K · Total expenses $428K
71%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 77%
Overhead ratio 20%
Fundraising cost ratio 3%
Revenue growth 5%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 6%
Fundraising fee ratio 0%

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 · FY2024
Total grants receivedfrom 1 funder$10K

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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)$478K revenue · viewing · ⤓ 990 PDF
FY2024$456K revenue · ⤓ 990 PDF
FY2023$199K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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