COMMUNICATION WORKERS OF AMERICA IUE-CWA LOCAL 463-81463 (EIN 111671020) - 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

1959

Legal Domicile

Principal Officer

KENNETH IRVING

Phone

6313932963

Tax Period

2023-10-01 to 2024-09-30

COMMUNICATION WORKERS OF AMERICA IUE-CWA LOCAL 463-81463, founded in 1959, is a small nonprofit that reported $631K in total revenue in fiscal year 2023.

Mission

THE LOCAL'S MISSION IS TO SUPPORT COLLECTIVE BARGAINING FOR ITS MEMBERS, CONDUCTING MEMBERSHIP MEETINGS, EDUCATION, ORGANIZING EVENTS TO FURTHER THE COMMON INTERESTS OF THE MEMBERSHIP.

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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 $0

Program Service Revenue $588,349

Investment Income $42,836

Other Revenue $0

TOTAL REVENUE $631,185

Expense Breakdown

Grants Paid $0

Salaries & Benefits $256,292

Fundraising Expenses $0

Program Expenses $663,475

Other Expenses $407,183

TOTAL EXPENSES $663,475

Year-over-Year Comparison

	2023	2022	Change
Revenue	$631,185	$641,068	0.0%
Expenses	$663,475	$691,794	0.0%
Net Income	$-32,290	$-50,726	-0.4%

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

$184,797

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	TRUSTEE	0.50		$2,752	$0	$2,752
N/A	TRUSTEE	0.50		$1,985	$0	$1,985
KENNETH IRVING	PRESIDENT	40.00	Officer	$120,358	$58,683	$179,041
JOHN ALTOONIAN	SEC. TREAS	0.50	Officer	$3,102	$0	$3,102
ROBERT VILLALTA	VICE PRESIDENT	0.50	Officer	$1,875	$0	$1,875
ANTHONY RACCASI	SGT AT ARMS	0.50	Officer	$779	$0	$779

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	$631,185	$663,475	$1,306,033	$-32,290
2023	$641,068	$691,794	$1,056,574	$-50,726
2022	$476,851	$650,061	$1,102,973	$-173,210
2021	$513,169	$595,604	$1,273,695	$-82,435
2020	$1,141,882	$324,263	$1,346,343	$817,619
2019	$311,784	$326,800	$550,102	$-15,016
2018	$299,437	$354,798	$572,256	$-55,361

COMMUNICATION WORKERS OF AMERICA IUE-CWA LOCAL 463-81463