LOCAL 1253 IBEW PROPERTIES INC (EIN 016029905) - 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

1968

Legal Domicile

Principal Officer

CHARLES FRASER

Phone

2074531301

Tax Period

2020-07-01 to 2021-06-30

LOCAL 1253 IBEW PROPERTIES INC, founded in 1968, is a micro nonprofit that reported $55K in total revenue in fiscal year 2020. Revenue fell 34% from the prior year — a significant decline worth monitoring. Expenses of $106K exceeded revenue, resulting in a 92% operating deficit.

Mission

TO PROVIDE RENTAL SPACE FOR RELATED TAX EXEMPT ORGANIZATIONS.

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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 (2020)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $21,000

Investment Income $34,158

Other Revenue $0

TOTAL REVENUE $55,158

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $105,871

TOTAL EXPENSES $105,871

Year-over-Year Comparison

	2020	2019	Change
Revenue	$55,158	$83,305	-0.3%
Expenses	$105,871	$20,892	+4.1%
Net Income	$-50,713	$62,413	-1.8%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NICK PAQUET	PRESIDENT	0.23	Officer Director	$0	$0	$0
COLIN CLARK	VICE PRESIDE	0.23	Officer Director	$0	$0	$0
ALAN KENNEY	SECRETARY	0.23	Officer Director	$0	$0	$0
TOM TOBIAS	TREASURER	0.23	Officer Director	$0	$0	$0
SHAWN CHANDLER	EXECUTIVE BO	0.23	Director	$0	$0	$0
LEE WHITAKER	EXECUTIVE BO	0.23	Director	$0	$0	$0
MARK HIGGINS	EXECUTIVE BO	0.23	Director	$0	$0	$0
CHARLES FRASER	BUSINESS MAN	0.23	Officer	$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
2021	$55,158	$105,871	$81,800	$-50,713

LOCAL 1253 IBEW PROPERTIES INC