INTERNATIONAL BROTHERHOOD OF TEAMSTERS 404 LOCAL UNION (EIN 041171377) - 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

1963

Legal Domicile

Principal Officer

BRYAN DONOVAN

Phone

4137816326

Tax Period

2023-01-01 to 2023-12-31

INTERNATIONAL BROTHERHOOD OF TEAMSTERS 404 LOCAL UNION, founded in 1963, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2023.

Mission

LABOR UNION

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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 (2023)

Revenue Breakdown

Contributions & Grants $39,775

Program Service Revenue $1,043,646

Investment Income $16,757

Other Revenue $5,854

TOTAL REVENUE $1,106,032

Expense Breakdown

Grants Paid $14,936

Salaries & Benefits $499,396

Fundraising Expenses $0

Other Expenses $564,634

TOTAL EXPENSES $1,078,966

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,106,032	$1,034,920	+0.1%
Expenses	$1,078,966	$977,528	+0.1%
Net Income	$27,066	$57,392	-0.5%

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

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

$355,374

Total Directors

$11,831

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILLIAM EAGAN	TRUSTEE	4.00	Director	$3,000	$0	$3,000
MICHAEL PIGOTT	TRUSTEE	4.00	Director	$3,000	$0	$3,000
BRENDAN CAVANAUGH	TRUSTEE	4.00	Director	$5,831	$0	$5,831
BRYAN DONOVAN	PRESIDENT / BUS AGENT	55.00	Officer	$110,361	$63,500	$173,861
STANLEY OSOWSKI	SEC/TREAS / BUS AGENT	55.00	Officer	$110,149	$63,500	$173,649
FRANCIS BIZON	VICE PRESIDENT	4.00	Officer	$3,332	$0	$3,332
JACOB SAVAGE	RECORDING SECTY	4.00	Officer	$4,532	$0	$4,532

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
2023	$1,106,032	$1,078,966	$884,054	$27,066
2019	$1,002,906	$995,552	$589,155	$7,354
2018	$970,422	$959,126	$573,532	$11,296

INTERNATIONAL BROTHERHOOD OF TEAMSTERS 404 LOCAL UNION