AMALGAMATED TRANSIT UNION (EIN 060241073) - 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

1902

Legal Domicile

Principal Officer

RALPH BUCCITTI

Tax Period

2023-01-01 to 2023-12-31

AMALGAMATED TRANSIT UNION, founded in 1902, is a small nonprofit that reported $276K in total revenue in fiscal year 2023. Revenue fell 26% from the prior year — a significant decline worth monitoring. Expenses of $305K exceeded revenue, resulting in a 10% operating deficit.

Mission

TO PROVIDE UNION REPRESENTATION FOR ITS BARGAINING 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 $276,221

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $276,221

Expense Breakdown

Grants Paid $0

Salaries & Benefits $186,103

Fundraising Expenses $0

Program Expenses $304,750

Other Expenses $118,647

TOTAL EXPENSES $304,750

Year-over-Year Comparison

	2023	2022	Change
Revenue	$276,221	$374,009	-0.3%
Expenses	$304,750	$325,830	-0.1%
Net Income	$-28,529	$48,179	-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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PHIL MADONNA	SHOP STEWARD	003.00	Director	$0	$0	$0
ALBERT ANTONINO	VICE-PRESIDENT	N/A	Officer	$0	$0	$0
EDWARD FUNARO	REC SECRETARY	003.00	Officer	$0	$0	$0
CINDY BEALL	TREASURER	003.00	Officer	$0	$0	$0
RALPH BUCCITTI	BUSINESS AGENT	040.00	Key Emp Highest	$0	$0	$0
ALFRED BARNES	PRESIDENT	003.00	Key Emp	$0	$0	$0
TONY JEFFERSON	BUSINESS AGENT	N/A	Key Emp	$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	$276,221	$304,750	$58,800	$-28,529
2022	$374,009	$325,830	$87,329	$48,179
2021	$234,137	$240,524	$39,150	$-6,387
2020	$253,829	$228,477	$45,537	$25,352
2019	$215,797	$280,953	$20,185	$-65,156
2018	$206,204	$223,756	$85,341	$-17,552

AMALGAMATED TRANSIT UNION