INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS (EIN 043071218) - 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

2011

Legal Domicile

Principal Officer

STEVEN M BARRY

Phone

5088802690

Tax Period

2023-01-01 to 2023-12-31

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS, founded in 2011, is a small nonprofit that reported $331K in total revenue in fiscal year 2023. Revenue surged 49% from the prior year, signaling strong growth momentum. Expenses of $389K exceeded revenue, resulting in a 17% operating deficit.

Mission

Its purpose is to promote the welfare of its members, primarily inside-construction electricians employed in Southeastern Massachusetts and to hold title to real estate for the use and purposes of the Organization and its members.

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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 $208,530

Program Service Revenue $0

Investment Income $96

Other Revenue $122,540

TOTAL REVENUE $331,166

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $388,830

TOTAL EXPENSES $388,830

Year-over-Year Comparison

	2023	2022	Change
Revenue	$331,166	$221,518	+0.5%
Expenses	$388,830	$385,492	+0.0%
Net Income	$-57,664	$-163,974	-0.6%

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

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

$335,708

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Douglas Nelson	Business Manager	001.00	Officer	$0	$55,293	$172,220
Steven M Barry	Business Agent	001.00	Officer	$0	$55,293	$162,488
Thorn McKeown	Treasurer	001.00	Officer	$0	$0	$500
Michael Revil	President	001.00	Officer	$0	$0	$250
Marco DeSousa	Recording Secretary	001.00	Officer	$0	$0	$250
Kristin Wozniak	Director	001.00	Director	$0	$0	$0
Shawn Bayanilla	Director	001.00	Director	$0	$0	$0
Tyler Revil	Director	001.00	Director	$0	$0	$0
Joseph Mascio	Director	001.00	Director	$0	$0	$0
Jeffrey Plaisted	Director	001.00	Director	$0	$0	$0
Alex Thibault	Director	001.00	Director	$0	$0	$0
Jock Crewe	Vice President	001.00	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
2024	No data	No data	No data	No data
2023	$331,166	$388,830	$4,107,533	$-57,664
2022	$221,518	$385,492	$4,122,873	$-163,974
2021	$197,058	$404,723	$4,194,308	$-207,665
2020	$180,468	$327,567	$3,979,125	$-147,099
2019	$200,030	$301,438	$4,082,841	$-101,408
2018	$219,199	$302,649	$4,013,022	$-83,450

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS