BOSTON TEACHERS UNION (EIN 042307827) - 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

1946

Legal Domicile

Principal Officer

KAREN CROSS

Phone

6172882000

Tax Period

2022-09-01 to 2023-08-31

BOSTON TEACHERS UNION, founded in 1946, is a mid-sized nonprofit that reported $11.6M in total revenue in fiscal year 2022. Revenue grew 14% year-over-year, indicating healthy expansion. The organization ran a surplus of $1.8M, a strong 16% operating margin.

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 (2022)

Revenue Breakdown

Contributions & Grants $11,093,875

Program Service Revenue $0

Investment Income $531,454

Other Revenue $0

TOTAL REVENUE $11,625,329

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,948,046

Fundraising Expenses $0

Other Expenses $6,691,026

TOTAL EXPENSES $9,777,877

Year-over-Year Comparison

	2022	2021	Change
Revenue	$11,625,329	$10,238,228	+0.1%
Expenses	$9,777,877	$9,921,853	0.0%
Net Income	$1,847,452	$316,375	+4.8%

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

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

$1,389,772

Total Directors

$59,611

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRENDA CHANEY	PARENT COMM LIASON/EXEC BOARD MEMBER	2.00	Director	$14,396	$0	$14,396
JAMES PHILIP	EXECUTIVE BOARD MEMBER	2.00	Director	$1,000	$0	$1,000
MICHAEL MAGUIRE	EXECUTIVE BOARD MEMBER	2.00	Director	$13,000	$0	$13,000
ALICE YONG	EXECUTIVE BOARD MEMBER	2.00	Director	$2,000	$0	$2,000
ROBERT CARROLL	EXECUTIVE BOARD MEMBER	2.00	Director	$2,000	$0	$2,000
ALLISON DOHERTY	EXECUTIVE BOARD MEMBER	2.00	Director	$2,000	$0	$2,000
CAITLIN GAFFNY	EXECUTIVE BOARD MEMBER	2.00	Director	$3,000	$0	$3,000
CASSANDRA SAMUEL	EXECUTIVE BOARD MEMBER	2.00	Director	$7,715	$0	$7,715
NICOLE MULLEN	EXECUTIVE BOARD MEMBER	2.00	Director	$12,500	$0	$12,500
MATTHEW RUGGERIO	EXECUTIVE BOARD MEMBER	2.00	Director	$0	$0	$0
CECIL CAREY	EXECUTIVE BOARD MEMBER	2.00	Director	$2,000	$0	$2,000
KAFUNDA BANKS	EXECUTIVE BOARD MEMBER	2.00	Director	$0	$0	$0
JESSICA TANG	PRESIDENT	40.00	Officer	$188,388	$45,440	$233,828
ERIK BERG	VICE PRESIDENT	40.00	Officer	$181,847	$44,438	$226,285
KAREN CROSS	SECRETARY-TREASURER	40.00	Officer	$2,000	$0	$2,000
LEA SERENA	ELEMENTARY FIELD REP	40.00	Officer	$163,619	$38,130	$201,749
CAREN CAREW	SECONDARY FIELD REP	40.00	Officer	$166,621	$26,654	$193,275
COLLEEN HART	PARA/SUBSTITUTE FIELD REP	40.00	Officer	$162,508	$42,435	$204,943
JOHNNY MCINNIS	POLITICAL DIRECTOR	40.00	Officer	$162,108	$42,435	$204,543
NATALIA CUADRA-SAEZ	DIRECTOR OF ORGANIZING	40.00	Officer	$123,149	$0	$123,149
MICHAEL MCLAUGHLIN	SECRETARY-TREASURER	40.00		$169,357	$46,297	$215,654

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	$11,625,329	$9,777,877	$17,295,383	$1,847,452
2022	$10,238,228	$9,921,853	$15,838,887	$316,375
2021	$10,050,820	$8,246,086	$16,808,172	$1,804,734
2020	$9,981,126	$8,290,911	$14,496,708	$1,690,215
2019	$9,435,968	$8,117,197	$12,476,443	$1,318,771
2018	$9,401,771	$8,575,462	$11,098,344	$826,309

BOSTON TEACHERS UNION