WorkLife Partnership
Standards For Charity Accountability
Governance
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Board Oversight
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Board Size
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Board Meetings
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Board Compensation
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Conflict of Interest
Measuring Effectiveness
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Effectiveness Policy
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Effectiveness Report
Finances
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Program Expenses
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Fundraising Expenses
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Accumulating Funds
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Audit Report
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Detailed Expense Breakdown
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Accurate Expense Reporting
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Budget Plan
Fundraising & Info
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Truthful Materials
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Annual Report
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Website Disclosures
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Donor Privacy
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Cause Marketing Disclosures
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Complaints
WorkLife Partnership does not meet the following 2 Standards for Charity Accountability:
Standard 6 (Board Policy on Effectiveness)
Have a board policy of assessing, no less than every two years, the organization's performance and effectiveness and of determining future actions required to achieve its mission.
WorkLife does not meet this Standard because:
- The board of directors does not have a written policy stating that, at least every two years, an appraisal be done assessing the organization’s performance and effectiveness and determining future actions required to achieve its mission.
Standard 16 (Annual Report)
Have an annual report available to all, on request, that includes: (a) the organization's mission statement, (b) a summary of the past year's program service accomplishments, (c) a roster of the officers and members of the board of directors, (d) financial information that includes (i) total income in the past fiscal year, (ii) expenses in the same program, fund raising and administrative categories as in the financial statements, and (iii) ending net assets.
WorkLife does not meet this Standard because the 2022 annual report did not include:
- A summary of the organization's 2022 financial information.
The BBB Wise Giving Alliance requested but did not receive complete information from the organization and is unable to verify the organization's compliance with the following Standard(s) for Charity Accountability: 1, 9
WorkLife Partnership meets the remaining 16 Standards for Charity Accountability.
Stated Purpose:
“to build prosperity for individuals, businesses, families, and communities by unleashing the potential of front-line workers through collaboration with their employers and other resources.”
Year, State Incorporated:
2014, CO
WorkLife Partnership (WorkLife) reports it is dedicated to creating better workplaces, economic equity and success for every worker across the country. The organization deploys its Resource Navigator benefits services inside of businesses to provide personalized, immediate, one-on-one assistance for when workers need it. WorkLife states its Resource Navigators, which provide one-to-one coaching and support to clients with information and resources around housing, Small Dollar Loans, healthcare, and transportation. In 2022, the organization reports it distributed $411,471 in Small Dollar Loans through 421 loans, provided 11,311 resources or services to clients, and reached an additional 7,040 household or family members through their client support.
For the year ended December 31, 2022, WorkLife Partnership's program expenses were:
Program services: $2,721,913
Total Program Expenses: $2,721,913
Chief Executive
Liddy Romero, Founder and Chief Executive Officer
Compensation*
$262,895
Chair of the Board
Courtney Haynes
Chair's Profession / Business Affiliation
Chief Engagement Officer, Opportunity@Work
Board Size
8
Paid Staff Size
38
*2022 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Method(s) Used:
Grant proposals, Internet, Foundation grants
Fundraising costs were 61% of related contributions. (Related contributions, which totaled $803,837 are donations received as a result of fundraising activities.)
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on WorkLife Partnership's audited financial statements for the year ended December 31, 2022.
Source of Funds
| Contributions and grants | $803,837 |
| Fees for services | $2,404,041 |
| Other income | $3,938 |
| Total Income | $3,211,816 |
Programs: 65% Fundraising: 12% Administrative: 24%
| Total Income | $3,211,816 |
| Total expenses: | $4,217,377 |
| Program expenses | $2,721,913 |
| Fundraising expenses | $493,200 |
| Administrative expenses | $1,002,264 |
| Other expenses | $0 |
| Income in Excess of Expenses | $-1,005,561 |
| Beginning Net Assets | $1,789,786 |
| Other Changes In Net Assets | $0 |
| Ending Net Assets | $784,225 |
| Total Liabilities | $2,529,525 |
| Total Assets | $3,313,750 |
An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.
This report is not to be used for fundraising or promotional purposes.
RELATED CONTENT
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Meets Standards
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Standards Not Met
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Did Not Disclose
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Review in Progress
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Unable to Verify
Report completed by:
BBB Wise Giving Alliance