Workshop Project Inc
Nonprofit profile at a glance
- EIN
- 823747180
- IRS 990 coverage
- 2022–2024
- Forms available
- Form 990 2024, Form 990-EZ 2024
- Location
- Brooklyn, NY, USA
- Phone
- 9176402341
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Educational Services and Schools - Other
Reported finances
- Revenue
- $2,843,059
- Expenses
- $2,333,684
- Assets
- $26,980
- Liabilities
- $13,563
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
Highest reported compensation
- ABBA BAEZ-NUNEZ (DIRECTOR OF LEARNING): $120,567 total reported compensation
- JOE DUGAN (8TH GRADE HUMANITIES): $108,295 total reported compensation
- ANDREW RAVIN (FOUNDER AND HEAD OF SCHOOL): $39,692 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The organization's mission is to develop hands-on learning activities for in-school, after-school, and summer camp programs to help students master essential academic skills.
What it reported doing in 2024
Workshop middle school is an innovative progressive school for creative, curious, and big-hearted students in 6th-8th grades. Students learn advanced academic skills and durable character strengths in a diverse, equitable, and connected community. Our summer camp programs help students deepen and develop academic, technical, and socioemotional skills. Imaginecamp!, our day camp program for rising 3rd-5th graders, helps young people dream, design, and engineer personal passion projects. Imaginecamp! Is inspired by workshop middle school's genius hour, an innovative project-based curriculum for creative and curious minds. Sleepaway!, our overnight camp, helps students learn valuable social and survival skills through outdoor activities and expeditions. They learn to persevere through challenges, make careful decisions, solve problems, and work together as a team. Sleepaway! Is developed in partnership with trail blazers camp. We believe that every child has genius! Our after-school programs help students discover, develop, and deepen their personal genius. Maker education helps students learn essential academic skills, professional and technical competencies, and positive character traits. Workshop project programs challenge, engage, and inspire students to learn well and do good.workshop institute, our professional learning community, helps teachers master the principles of highly effective curriculum and instruction. Our immersive professional development programs in project-based learning, collaborative learning, and workshop instruction, help teachers dramatically improve teaching and learning.
Operating model
- Revenue model
- Donor-supported. 72% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 78
- Transparency & Controls: 92
- Accountability: 90
- Sustainability: 41
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 71.2%; rating input score 71
- Program expense ratio: 89.9%; rating input score 90
- Fundraising efficiency: $51.57 raised per $1 spent on fundraising; rating input score 79; 79th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 6 of 9 controls in place; rating input score 75
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Limited
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 17.9%; rating input score 74; 74th percentile among comparable filings
- Total-asset coverage ratio: 0.01; rating input score 1; 1st percentile among comparable filings
- Liabilities to assets ratio: 0.5; rating input score 21; 21st percentile among comparable filings
- Officer compensation ratio: 11.5%; rating input score 26; 26th percentile among comparable filings
Growth
- Program expense growth: 10.3% per year; rating input score 100; 65th percentile among comparable filings
- Revenue growth: 47.5% per year; rating input score 100; 97th percentile among comparable filings
- Asset growth: -81.9% per year; rating input score 0; 0th percentile among comparable filings
Details
- Where the money goes: 71.2% of revenue deployed · 89.9% of spending went to programs
- Governance: 6 of 6 board members independent · 6 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $2.1M in reported program spending
- Leadership: top reported pay $121K · 8 people listed
- Consistency: 26 of 26 current checks pass
- Schedules: 4 filed schedules · includes major donors
- Filing history: 3 filing years from 2022 to 2024
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Total-asset coverage ratio scored 1/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 21/100.
- High — Sustainability: Officer compensation ratio scored 26/100.