Workers earn less than $35k/year and lack financial clarity
Over 85 million workers struggle with financial decision-making as they navigate the intricate web of benefits, taxes, and available resources. These complications create avoidable obstacles to economic advancement, impacting not only workers and their families but also the nonprofits, government agencies, and employers who serve them.
Torch's financial planning and scenario modeling platform transforms collaboration for economic empowerment through seamless integration of financial literacy, benefit integration, state and federal tax code, budgeting, cost of living data, and robust resource referral networks.
Explore FeaturesWatch how our platform transforms financial empowerment for lower-wage workers
Financial uncertainty creates challenges across multiple sectors
Individuals and families struggling with financial uncertainty, lacking clear guidance on benefits, taxes, and spending decisions that could help them achieve self-sufficiency.
Policymakers serving constituents need data-driven insights to understand the real impact of policy changes on vulnerable populations BEFORE changes are made.
Social service professionals who need documented, up-to-date financial conditions and planning records for ongoing case management and family support tracking.
Companies struggling with hiring, retention, and employee development, especially when serving lower-wage workers who face financial stress.
Comprehensive tools that remove financial guesswork and enable informed decision-making
Compare different financial situations side-by-side to make informed decisions. Visualize how changes in income, benefits, or expenses impact overall financial health.
Coaches provide expert guidance on benefit alternatives (healthcare portals vs Medicaid) and navigate benefit cliffs through step-by-step support, drawing from thousands of similar cases for more effective outcomes.
Automatically calculate benefits eligibility and amounts to remove guesswork on a case-by-case basis, ensuring accurate planning for assistance programs.
Calculate federal and state tax filing information with county-level cost of living data to understand monthly cash flow versus annual income, providing precise clarity on take-home pay and local affordability.
Easy-to-read charts and graphs clearly display financial information, painting a clear picture and reducing uncertainty for users.
Gain insight into financial situations and help participants plan for long-term goals, creating pathways to prosperity with clear steps.
Optimize agency and program impact through intelligent referrals that connect participants to appropriate resources and services, maximizing program effectiveness and participant outcomes.
LUMINATE creates measurable outcomes across all stakeholder groups
Help people plan and escape poverty through data-driven financial guidance and clear decision-making tools.
Provide data and policy modeling to identify gaps and improvements in government policy and programs.
Deliver data to aid nonprofits and workforce entities in achieving improved outcomes and program success.
Provide workforce analysis and business intelligence to aid employers with hiring, retention, and professional development.
"LUMINATE helped me see exactly how taking a higher-paying job would affect my benefits. For the first time, I have a clear plan to achieve self-sufficiency without losing everything."
— Maria, Single Mother of Two
"LUMINATE gives me documented, real-time financial snapshots for all my families. Instead of piecing together information from multiple sources, I have everything I need for ongoing case management in one place."
— Jennifer, Workforce Center Case Manager
"LUMINATE's policy modeling helped us understand how our proposed benefit changes would impact all families, and informed better rule-making and policy reform to maximize funds and program impacts."
— David, State Policy Director
"Using LUMINATE data, we are able to better understand our workforce and inform our compensation plan and benefits offerings to improve hiring and retention."
— Sarah, HR Director
Join the organizations already using LUMINATE to create lasting change in their communities. See how our platform can help you achieve better outcomes.