IBEW LOCAL 180 HOLDING COMPANY (EIN 010664127) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2002

Legal Domicile

Principal Officer

HERB WATTS

Phone

7072519180

Tax Period

2024-07-01 to 2025-06-30

IBEW LOCAL 180 HOLDING COMPANY, founded in 2002, is a small nonprofit in the Community Improvement sector that reported $134K in total revenue in fiscal year 2024. The organization ran a surplus of $126K, a strong 94% operating margin.

Mission

TO HOLD TITLE OF PROPERTY ON BEHALF OF IBEW LOCAL 180.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $131,944

Investment Income $2,096

Other Revenue $0

TOTAL REVENUE $134,040

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $7,711

TOTAL EXPENSES $7,711

Year-over-Year Comparison

	2024	2023	Change
Revenue	$134,040	$140,057	0.0%
Expenses	$7,711	$6,256	+0.2%
Net Income	$126,329	$133,801	-0.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$692,968

Total Directors

$223,483

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Herb Watts	Business Manager	0.1	Officer	$0	$64,478	$250,242
Jeremy Peconom	PRESIDENT/ORGANIZER	0.1	Officer Director	$0	$64,478	$223,483
JOEL PICKET	Treasurer	0.1	Officer	$0	$64,478	$219,243
STAN NELSON	VICE PRESIDENT	0.1	Officer Director	$0	$0	$0
KRISTOPHER SMITH	RECORDING SEC. TERM.9/2024	0.1	Officer Director	$0	$0	$0
Josh Watts	EXECUTIVE BOARD	0.1	Director	$0	$0	$0
Daniel Mares	Executive Board	0.1	Director	$0	$0	$0
STACY WALLACE	RECORDING SECRETARY	0.1	Director	$0	$0	$0
Tyrone Lewis	EXECUTIVE BOARD EFF.1/2025	0.1	Director	$0	$0	$0
Konan Timberlake	EXECUTIVE BOARD EFF.10/2024	0.1	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$134,040	$7,711	$2,320,776	$126,329
2024	No data	No data	No data	No data
2023	$124,206	$6,503	$2,060,646	$117,703
2022	$105,547	$7,082	$1,942,943	$98,465
2021	$96,031	$6,352	$1,844,478	$89,679
2020	$100,924	$6,536	$1,754,799	$94,388
2019	$130,825	$7,255	$1,660,411	$123,570
2018	$119,853	$5,967	$1,536,841	$113,886

IBEW LOCAL 180 HOLDING COMPANY