GLOBE NEWSPAPER CO & NEWSPAPER TEAMSTERS LOCAL 259 GENL BEN & WELFARE (EIN 042775729) - 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

1982

Legal Domicile

Principal Officer

RICHARD FORD

Phone

6179292733

Tax Period

2024-04-01 to 2025-03-31

GLOBE NEWSPAPER CO & NEWSPAPER TEAMSTERS LOCAL 259 GENL BEN & WELFARE, founded in 1982, is a community nonprofit that reported $2.0M in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $1.9M left a modest 4% surplus.

Mission

EMPLOYEE BENEFIT PLAN OFFERING MEDICAL, DENTAL, VISION, LIFE, DISABILITY BENEFITS AND PREPAID LEGAL SERVICES TO ELIGIBLE EMPLOYEES

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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 $2,002,138

Investment Income $12,296

Other Revenue $0

TOTAL REVENUE $2,014,434

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $31,680

TOTAL EXPENSES $1,943,199

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,014,434	$1,797,553	+0.1%
Expenses	$1,943,199	$1,910,933	+0.0%
Net Income	$71,235	$-113,380	-1.6%

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

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
RICHARD FORD	Trustee	2.00	Director	$0	$0	$0
MICHAEL HALLEY	Trustee	2.00	Director	$0	$0	$0
JOSH RUSSELL	Trustee	2.00	Director	$0	$0	$0
WILLIAM HALEY	Trustee	2.00	Director	$0	$0	$0
JASON LOPES	Director	2.00	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	$2,014,434	$1,943,199	$484,993	$71,235
2024	$1,797,553	$1,910,933	$422,375	$-113,380
2023	$1,893,179	$2,019,871	$500,703	$-126,692
2022	$1,906,319	$2,143,190	$701,812	$-236,871
2021	$2,198,117	$2,299,181	$1,043,026	$-101,064
2020	$1,833,445	$2,454,773	$1,213,583	$-621,328
2019	$879,191	$2,558,934	$1,648,489	$-1,679,743
2018	$108,855	$67,340	$3,464,880	$41,515

GLOBE NEWSPAPER CO & NEWSPAPER TEAMSTERS LOCAL 259 GENL BEN & WELFARE