IBEW LOCAL 1049 VACATION FUND (EIN 113322904) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1996

Legal Domicile

Principal Officer

PATRICK GUIDICE III

Phone

6312341803

Tax Period

2023-01-01 to 2023-12-31

IBEW LOCAL 1049 VACATION FUND, founded in 1996, is a micro nonprofit that reported $7K in total revenue in fiscal year 2023. Revenue fell 97% from the prior year — a significant decline worth monitoring. Expenses of $83K exceeded revenue, resulting in a 1036% operating deficit.

Mission

TO PROVIDE VACATION AND OTHER BENEFITS TO ELIGIBLE PARTICIPANTS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $6,326

Other Revenue $1,009

TOTAL REVENUE $7,335

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $34,711

TOTAL EXPENSES $83,323

Year-over-Year Comparison

	2023	2022	Change
Revenue	$7,335	$284,104	-1.0%
Expenses	$83,323	$505,617	-0.8%
Net Income	$-75,988	$-221,513	-0.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

267

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
FRANK GIORDANO	Trustee	1.00	Director	$0	$0	$0
BRIAN FUGE	Trustee	1.00	Director	$0	$0	$0
PATRICK GUIDICE III	Trustee	1.00	Director	$0	$0	$0
JAMES BOGEN	Trustee	1.00	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
2023	$7,335	$83,323	$502,880	$-75,988
2022	$284,104	$505,617	$858,552	$-221,513
2021	$1,201,230	$1,063,727	$1,636,688	$137,503
2020	$1,084,467	$1,254,694	$1,771,082	$-170,227
2019	$891,615	$1,705,110	$1,857,196	$-813,495
2018	$894,989	$1,340,892	$1,694,987	$-445,903

IBEW LOCAL 1049 VACATION FUND