IAMA LOCAL LODGE 1726

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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

1960

Legal Domicile

Principal Officer

ROBERT BENNETT

Phone

6175690141

Tax Period

2023-01-01 to 2023-12-31

IAMA LOCAL LODGE 1726, founded in 1960, is a small nonprofit that reported $139K in total revenue in fiscal year 2023. Revenue decreased 20% compared to the prior year. Expenses of $123K left a modest 12% surplus.

Mission

LABOR ORGANIZATION WHOSE PRIMARY OBJECTIVE IS TO MAINTAIN AND IMPROVE WORKING CONDITIONS AND COMPENSATION OF ITS MEMBER EMPLOYEES IN THE AVIATION INDUSTRY

Program Service Accomplishments

Program 1

Expenses: $123,045 Revenue: $139,108

TO IMPROVE THE WORKING CONDITIONS, WAGES, FRINGE BENEFITS FOR ALL EMPLOYEES OF THE AVIATION INDUSTRY

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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 $139,108

Program Service Revenue $0

Investment Income $1

Other Revenue $0

TOTAL REVENUE $139,109

Expense Breakdown

Grants Paid $0

Salaries & Benefits $9,231

Fundraising Expenses $0

Program Expenses $123,045

Other Expenses $108,375

TOTAL EXPENSES $123,045

Year-over-Year Comparison

	2023	2022	Change
Revenue	$139,109	$172,926	-0.2%
Expenses	$123,045	$222,522	-0.4%
Net Income	$16,064	$-49,596	-1.3%

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

N/A

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

$7,200

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL BUCCI	PRESIDENT	25.00	Officer	$1,800	$0	$1,800
EDMUND WALSH III	VICE PRESIDENT	25.00	Officer	$1,200	$0	$1,200
NICHOLAS PARKER	RECORDING SECRETARY	25.00	Officer	$1,800	$0	$1,800
ROBERT BENNETT	TREASURER	10.00	Officer	$2,400	$0	$2,400

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
2024	No data	No data	No data	No data
2023	$139,109	$123,045	$478,649	$16,064
2022	$172,926	$222,522	$462,461	$-49,596
2021	$167,478	$142,531	$511,586	$24,947
2020	$188,786	$113,057	$486,685	$75,729
2019	$189,676	$146,846	$411,529	$42,830
2018	$185,079	$116,308	$371,959	$68,771