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Nonprofiteer
← WORKNET INC

Form 990 for tax year 2022

Filed by WORKNET INC.

Totals

Total revenue
$131,536
Total expenses
$120,163
Contributions and grants received
$51,821
Grants paid
$0
Program service revenue
$79,466
Investment income
$0
Other revenue
$249
Total assets, end of year
$24,012
Total liabilities, end of year
$203,073
Net assets or fund balances, end of year
-$179,061
Program services expenses (Part IX)
$110,643
Management and general expenses
$9,520
Fundraising expenses
$0
Program service expenses (Part III)
$110,643

Program services were 92.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $51,821

  • 2a · Program service revenue: VARIOUS CONTRACTS

    total $79,466 · related or exempt $79,466

  • 8a · Fundraising events: gross income

    $249

  • 8b · Fundraising events: direct expenses

    $0

  • 8c · Net income from fundraising events

    total $249 · excluded $249

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $39,667 · program services $35,304 · management and general $4,363

  • 7 · Other salaries and wages

    total $34,719 · program services $34,719

  • 10 · Payroll taxes

    total $6,442 · program services $5,733 · management and general $709

  • 11g · Fees: other

    total $1,958 · program services $1,743 · management and general $215

  • 13 · Office expenses

    total $1,169 · program services $1,040 · management and general $129

  • 16 · Occupancy

    total $18,807 · program services $16,738 · management and general $2,069

  • 20 · Interest

    total $1,287 · program services $1,287

  • 24a · Other expenses: HEALTH INSURANCE

    total $7,764 · program services $7,764

  • 24b · Other expenses: OTHER GENERAL AND ADMIN

    total $6,234 · program services $5,549 · management and general $685

  • 24c · Other expenses: CLIENT SERVICES

    total $2,116 · program services $766 · management and general $1,350

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $5,999 · end of year $18,475

  • 10a · Land, buildings and equipment: cost or other basis

    $12,210

  • 10b · Land, buildings and equipment: accumulated depreciation

    $12,210

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $0

  • 15 · Other assets

    beginning of year $5,537 · end of year $5,537

  • 22 · Loans and payables to officers and key people

    beginning of year $196,753 · end of year $200,301

  • 25 · Other liabilities

    beginning of year $27,377 · end of year $2,772

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year -$212,594 · end of year -$179,061

Mission and programs · 2022

Mission

ORGANIZATION DELIVERS EMPLOYMENT TRAINING SERVICES, VOCATIONAL REHABILITATIONAL SERVICES, LIFE SKILLS TRAINING SERVICES, AND ESSENTIAL SUPPORT SERVICES SUCH AS TRANSPORTATION, HOUSING, SUBSTANCE ABUSE TREATMENT, AND/OR JOB PLACEMENT, ESPECIALLY DESIGNED TO ASSIST THOSE IN MEDICAL RECOVERY, RECENTLY DE-INSTITUTIONALIZED,HOMELESS, OR IN MID-CAREER TRANSITION.

  • CONTRACT - MULTISERVICES - EMPLOYMENT TRAINING SERVICES - TRAINED, COUNSELED AND PLACED INMATES INTO FULL TIME EMPLOYMENT.

    Expenses $110,643 · Revenue $79,466

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Charles B Williams

    PRESIDENT/DIRECTOR

    Total calculated
    $39,667
    From this org
    $39,667
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Gene Davis Descalzi

    VICE-PRESIDENT/DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Ruby Menon

    TREASURUER/DIRCTR

    Total calculated
    $0
    Hours/week
    1

  • Lee Rombaoa

    SERETARY-DIRECTOR

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2022
Filed
15 October 2023
IRS schema version
2022v5.0
Source object
202332889349300133

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