Working Today Inc

Overview

Mission

Working today, inc. Addresses the needs and concerns of the growing independent workforce through research, education and non-partisan advocacy. Working today aims to educate the general public, other nonprofits and policymakers to help ensure that independent workers have access to key social safety net protections such as health insurance and other work-related benefits previously available only to the traditional workforce of full-time long-term employees.

What it reported doing in 2024

Education and non-partisan advocacy - provides practical information and a broad range of resources to independent workers, policymakers, the media and others. This includes analysis of new work arrangements in our changing economy, policy updates to flexible workers and policymakers and referrals for legal and tax information for people who work independently.

Operating model

Revenue model
Grant-funded. 88% of the money available for current operations came from government grants.
Distribution model
Direct operator. The nonprofit carried out 99% of its reported program work directly.

Nonprofit profile at a glance

EIN
133858323
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Headquarters
Brooklyn, NY, USA
Rating
64
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Employment N.E.C.

Official website

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and the filing reports that some governance safeguards are missing.

Rating breakdown

  • Financial Efficiency: 46
  • Transparency & Controls: 90
  • Accountability: 65
  • Sustainability: 67
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 29.2%; rating input score 29
  • Program expense ratio: 61.7%; rating input score 62
  • Fundraising efficiency: $120.74 raised per $1 spent on fundraising; rating input score 87; 87th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: 4 of 6 controls in place; rating input score 67
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited
  • Public monitoring controls: Limited
  • Public policy transparency: Limited
  • Public financial transparency: Limited
  • Impact reporting controls: Limited
  • Public relationship transparency: Limited

Accountability

  • Independent voting board: 66.7%; rating input score 67; 18th percentile among comparable filings
  • Governance controls: 5 of 8 controls in place; rating input score 62
  • Public governance controls: Limited
  • Zakat policy transparency: Limited

Sustainability

  • Operating margin: 52.6%; rating input score 92; 92nd percentile among comparable filings
  • Operating reserve ratio: 2.71; rating input score 66; 66th percentile among comparable filings
  • Liabilities to assets ratio: 0.42; rating input score 12; 12th percentile among comparable filings
  • Officer compensation ratio: 11.1%; rating input score 28; 28th percentile among comparable filings

Growth

  • Program expense growth: 0.3% per year; rating input score 100; 32nd percentile among comparable filings
  • Revenue growth: -3.9% per year; rating input score 0; 12th percentile among comparable filings
  • Asset growth: -3.3% per year; rating input score 0; 14th percentile among comparable filings

Details

  • Where the money goes: 29.2% of revenue deployed · 61.7% of spending went to programs
  • Governance: 2 of 3 board members independent · 5 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $135K in reported program spending
  • Leadership: top reported pay $218K · 6 people listed · 4 of 6 pay-setting controls reported
  • Consistency: 27 of 27 current checks pass
  • Schedules: 7 filed schedules · includes major donors and executive pay
  • Filing history: 14 annual filings from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 5 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.