Civic Intelligence

Ways to Work Inc

990 • Fiscal year 2017 • EIN 39-1945011

Jan 01, 2017 to Dec 31, 2017 • Filed on Sep 19, 2018

648 N Plankinton Ave Ste 425Milwaukee, WI 53203

(414) 359-1040

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

88th percentile

0.42x

Higher debt load relative to assets than 88% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

95th percentile

0.86x

Higher debt load relative to revenue than 95% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

33rd percentile

-3.3%

Higher net margin than 33% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2017

Asset Growth

4th percentile

-78%

Faster asset growth than 4% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

11th percentile

-43%

Faster revenue growth than 11% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$369,946

Down $1,316,846 (-78%) from 2016

Net Assets

Down

$212,806

Down $6,086 (-2.8%) from 2016

Liabilities

Down

$157,140

Down $1,310,760 (-89%) from 2016

Revenue

Down

$183,396

Down $136,977 (-43%) from 2016

Expenses

Down

$189,482

Down $969,627 (-84%) from 2016

Net Income

Up

-$6,086

Up $832,650 (+99%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$20M$15M$10M$5.0M$0Assets 2010: $13,506,707Liabilities 2010: $8,122,309Net Assets 2010: $5,384,3982010Assets 2011: $17,684,307Liabilities 2011: $12,548,816Net Assets 2011: $5,135,4912011Assets 2012: $16,121,258Liabilities 2012: $11,528,863Net Assets 2012: $4,592,3952012Assets 2013: $13,856,703Liabilities 2013: $11,194,795Net Assets 2013: $2,661,9082013Assets 2014: $12,151,962Liabilities 2014: $9,972,383Net Assets 2014: $2,179,5792014Assets 2015: $7,951,163Liabilities 2015: $6,890,345Net Assets 2015: $1,060,8182015Assets 2016: $1,686,792Liabilities 2016: $1,467,900Net Assets 2016: $218,8922016Assets 2017: $369,946Liabilities 2017: $157,140Net Assets 2017: $212,8062017Assets 2018: $111,197Liabilities 2018: $19,268Net Assets 2018: $91,9292018

Highlighted filing

2017

Assets$369,946
Liabilities$157,140
Net Assets$212,806

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $3,287,7902010Expenses 2011: $4,684,0222011Expenses 2012: $3,908,2122012Revenue 2013: $2,193,838Expenses 2013: $4,127,403Net Income 2013: -$1,933,5652013Revenue 2014: $2,919,615Expenses 2014: $3,208,066Net Income 2014: -$288,4512014Revenue 2015: $770,207Expenses 2015: $1,779,449Net Income 2015: -$1,009,2422015Revenue 2016: $320,373Expenses 2016: $1,159,109Net Income 2016: -$838,7362016Revenue 2017: $183,396Expenses 2017: $189,482Net Income 2017: -$6,0862017Revenue 2018: $166,815Expenses 2018: $287,692Net Income 2018: -$120,8772018

Highlighted filing

2017

Revenue$183,396
Expenses$189,482
Net Income-$6,086
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Sep 19, 2018
Return Version
2017v2.0
Gross Receipts
$183,396
Mission and Program Overview

Mission

The mission of Ways to Work, Inc. is to strengthen the capacity of member organizations of the Alliance for Strong Families and Communities, Inc. To serve their communities by promoting strategies to improve the financial condition of distressed families.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$1,528,486$294,849▼ $1,233,637
Cash and Non-Interest-Bearing Accounts$144,276$70,885▼ $73,391
Accounts Receivable$14,030$4,212▼ $9,818
Savings and Temporary Cash Investments$0--
Other Notes and Loans Receivable, Net$0--
Pledges and Grants Receivable$0--
Receivable From Disqualified Prsn$0--
Receivables From Officers Etc$0--
Investments Other Securities$0--
Investments in Publicly Traded Securities$0--
Intangible Assets$0--
Inventories for Sale or Use$0--
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0--
Total Assets$1,686,792$369,946▼ $1,316,846
Other Assets Total$0--
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,342,969$0▼ $1,342,969
Accounts Payable and Accrued Expenses$124,931$157,140▲ $32,209
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$1,467,900$157,140▼ $1,310,760
Net Assets / Fund Balance
Unrestricted Net Assets$218,892$212,806▼ $6,086
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$218,892$212,806▼ $6,086
Total Liabilities and Net Assets / Fund Balance$1,686,792$369,946▼ $1,316,846

Asset Categories

AssetBook ValueDepreciationBasis
Investment Program Related Org$294,849--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kristi ScharlCFOPT$17,307$60,576$77,883
John R SchmidtChief Operating OfficerPT$31,581$38,600$70,181
Susan N DreyfusCEO-$20,764$2,101$22,865

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
FisLoan ProcessingP O Box 4535, Carol Stream, IL 60197-4535$110,833
Revenue and Support

Revenue Composition

Contributions and Grants
$1,992
Program Service Revenue
$154,072
Investment Income
$0
Other Revenue
$27,332
All Other Contributions
$1,992
Change in Net Assets
$-6,086
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$112,097
Other Expenses$77,385
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$111,094$152-$111,246
Other Salaries and Wages$77,943$5,962-$83,905
Fees for Services Management-$75,000-$75,000
Interest$28,306--$28,306
Other Employee Benefits$10,785$4,059-$14,844
Payroll Taxes$9,698$3,650-$13,348
Office Expenses$5,211$3,162-$8,373
Information Technology$7,209$507-$7,716
Fees for Services Accounting-$7,278-$7,278
Occupancy$1,021$5,000-$6,021
Insurance-$5,618-$5,618
Fees for Services Legal-$1,593-$1,593
Travel$15$75-$90
All Other Expenses$-181,289$7,433$0$-173,856
Total Functional Expenses$69,993$119,489$0$189,482
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0--
Receivables from Officers, Directors, Trustees, and Key Employees$0--
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The sole member of Ways to Work, Inc. is Alliance for Strong Families and Communities, Inc.

Form 990, Part VI, Section A, Line 7A

In accordance with its bylaws, the Ways to Work, Inc. Board of Directors shall be appointed by the sole member and the number of directors shall be no fewer than 1 nor more than 7.

Form 990, Part VI, Section A, Line 7B

The Board of Directors of the member, Alliance for Strong Families and Communities, Inc., may, by resolution, authorize an officer or director of the member corporation to vote, to appoint proxies, and to execute written consents, waivers, and releases on behalf of the member corporation.

Form 990, Part VI, Section B, Line 11B

A copy of the form 990 for Ways to Work, Inc. is provided to the Board of Directors for their review and comments. The board has two weeks to review and discuss issues with management. Upon satisfactory resolution of any issues, the form 990 is filed.

Form 990, Part VI, Section B, Line 12C

Ways to Work, Inc. regularly and consistently monitors and enforces compliance with the conflict of interest policy in that any officer, directors or key employee who has a direct or indirect financial interest must disclose the existence of the financial interest and be given the opportunity to disclose all the material facts to the officers or directors considering the proposed transaction or agreement. The remaining directors or officers meeting will decide if conflicts of interest exist. Each officer, director and key employee annually signs a statement which affirms such person has received a copy of the conflict of interest policy, has read and understands the policy, and has agreed to comply with the policy.

Form 990, Part VI, Section B, Line 15

In determining the compensation of the organization's officers and key employees, the process includes review and approval by the ceo. The organization receives a compensation study from a third party periodically, which compares the compensation of the organization's officers and key employees to similar organizations throughout the u.s. Documentation is retained by the chief financial officer. The individuals are not present when their compensation is reviewed. In determining the compensation of the ceo, the process includes review of comparability data, and contemporaneous substantiation of the deliberation and final decision. The organization receives a compensation study from a third party periodically, which compares the compensation of the ceo to similar organizations throughout the u.s. The compensation is reviewed and approved by the board of directors, and documentation is retained by the chief financial officer. The ceo is not present when her compensation is reviewed.

Form 990, Part VI, Section C, Line 19

Ways to work will provide its governing documents, conflict of interest policy, and financial statements upon request.

Filing and Contact Details

Filer

Filer Name
Ways to Work Inc
EIN
39-1945011
Phone
4143591040
Address
648 N PLANKINTON AVE STE 425, MILWAUKEE, WI 53203

Signing Officer

Name
Kristi Scharl
Title
CFO
Phone
4143591040
Signed
2018-09-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Susan Dreyfus
Formed
1999
Legal Domicile
De
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
0

Preparer

Firm
Alliance for Strong Families and Communities
Address
648 N Plankinton Ave, Suite 425, MILWAUKEE, WI 53203
Preparer
Kristi Scharl
Phone
4143596582
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Loan Processing $110,833, Miscellaneous professional fees total $413

Form 990, Part IX, Line 24E

Contains -$190,323 for bad debt expense. This is due receiving payments on consumer loan receivables that were previously written off or allowed for.

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IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03650
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IRS990/PrincipalOfficerNm0Susan Dreyfus
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt137226
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IRS990/PYInvestmentIncomeAmt0-63872
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IRS990/PYOtherRevenueAmt059045
IRS990/PYProgramServiceRevenueAmt0322737
IRS990/PYRevenuesLessExpensesAmt0-838736
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IRS990/PYTotalExpensesAmt01159109
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0320373
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IRS990/RevenueAmt0154072
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01075227
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0124277
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IRS990ScheduleJ/SeverancePaymentInd00
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IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The sole member of Ways to Work, Inc. is Alliance for Strong Families and Communities, Inc.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1In accordance with its bylaws, the Ways to Work, Inc. Board of Directors shall be appointed by the sole member and the number of directors shall be no fewer than 1 nor more than 7.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Board of Directors of the member, Alliance for Strong Families and Communities, Inc., may, by resolution, authorize an officer or director of the member corporation to vote, to appoint proxies, and to execute written consents, waivers, and releases on behalf of the member corporation.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A copy of the form 990 for Ways to Work, Inc. is provided to the Board of Directors for their review and comments. The board has two weeks to review and discuss issues with management. Upon satisfactory resolution of any issues, the form 990 is filed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Ways to Work, Inc. regularly and consistently monitors and enforces compliance with the conflict of interest policy in that any officer, directors or key employee who has a direct or indirect financial interest must disclose the existence of the financial interest and be given the opportunity to disclose all the material facts to the officers or directors considering the proposed transaction or agreement. The remaining directors or officers meeting will decide if conflicts of interest exist. Each officer, director and key employee annually signs a statement which affirms such person has received a copy of the conflict of interest policy, has read and understands the policy, and has agreed to comply with the policy.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5IN DETERMINING THE COMPENSATION OF THE ORGANIZATION'S OFFICERS AND KEY EMPLOYEES, THE PROCESS INCLUDES REVIEW AND APPROVAL BY THE CEO. THE ORGANIZATION RECEIVES A COMPENSATION STUDY FROM A THIRD PARTY PERIODICALLY, WHICH COMPARES THE COMPENSATION OF THE ORGANIZATION'S OFFICERS AND KEY EMPLOYEES TO SIMILAR ORGANIZATIONS THROUGHOUT THE U.S. DOCUMENTATION IS RETAINED BY THE CHIEF FINANCIAL OFFICER. THE INDIVIDUALS ARE NOT PRESENT WHEN THEIR COMPENSATION IS REVIEWED. IN DETERMINING THE COMPENSATION OF THE CEO, THE PROCESS INCLUDES REVIEW OF COMPARABILITY DATA, AND CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND FINAL DECISION. THE ORGANIZATION RECEIVES A COMPENSATION STUDY FROM A THIRD PARTY PERIODICALLY, WHICH COMPARES THE COMPENSATION OF THE CEO TO SIMILAR ORGANIZATIONS THROUGHOUT THE U.S. THE COMPENSATION IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS, AND DOCUMENTATION IS RETAINED BY THE CHIEF FINANCIAL OFFICER. THE CEO IS NOT PRESENT WHEN HER COMPENSATION IS REVIEWED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6WAYS TO WORK WILL PROVIDE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Loan Processing $110,833, Miscellaneous professional fees total $413
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Contains -$190,323 for bad debt expense. This is due receiving payments on consumer loan receivables that were previously written off or allowed for.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, Line 7a

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