METAL LATHERS HOLDING CORPORATION (EIN 131616033) - 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

1949

Legal Domicile

Principal Officer

MICHAEL ANDERSON

Phone

2127370500

Tax Period

2024-01-01 to 2024-12-31

METAL LATHERS HOLDING CORPORATION, founded in 1949, is a small nonprofit that reported $163K in total revenue in fiscal year 2024. Revenue fell 37% from the prior year — a significant decline worth monitoring. Expenses of $194K exceeded revenue, resulting in a 19% operating deficit.

Mission

ACQUIRE PROPERTY TO PROVIDE A LEASEHOLD FOR THE UNION AND AN INVESTMENT IN RENTAL PROPERTY.

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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 $0

Investment Income $527

Other Revenue $162,746

TOTAL REVENUE $163,273

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $123,500

Other Expenses $194,290

TOTAL EXPENSES $194,290

Year-over-Year Comparison

	2024	2023	Change
Revenue	$163,273	$257,801	-0.4%
Expenses	$194,290	$208,897	-0.1%
Net Income	$-31,017	$48,904	-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

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

$351,428

Total Directors

$1,675,699

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GERARD STREHLE	PRESIDENT	1.00	Officer Director	$0	$0	$15,164
KEVIN O'KEEFE	BUSINESS AGENT	1.00	Director	$0	$136,887	$329,144
SHANE JENNINGS	ASST SERGEANT OF ARMS	1.00	Officer Director	$0	$0	$2,500
JOSE DIAZ	EXEC BOARD	1.00	Director	$0	$0	$1,375
JOHN COFFEY	BUSINESS AGENT	1.00	Director	$0	$136,887	$329,144
JOHN CLAUSMAN	BUSINESS AGENT	1.00	Director	$0	$136,887	$329,144
PHIL BERNSTOCK	SERGEANT AT ARM	1.00	Officer Director	$0	$0	$2,200
MICHAEL ANDERSON	BUSINESS MANAGER	1.00	Officer Director	$0	$136,887	$329,144
GEROGE FERNANDEZ	BUSINESS AGENT	1.00	Director	$0	$136,887	$329,144
WILLIAM P SETTERS	RECORDING SECRETARY	1.00	Officer Director	$0	$0	$1,200
JONATHAN SCOTT	TRUSTEE	1.00	Director	$0	$0	$1,200
YU HONG TAN	TRUSTEE	1.00	Director	$0	$0	$1,300
BRENDAN DALEY	VICE PRESIDENT	1.00	Officer Director	$0	$0	$1,220
DANIEL VAZQUEZ	EXEC BOARD	1.00	Director	$0	$0	$1,720
THOMAS BROWN	EXEC BOARD	1.00	Director	$0	$0	$600
FRANK NOVELLI	EXEC BOARD	1.00	Director	$0	$0	$400
ADRIANA FALCON	TRUSTEE	1.00	Director	$0	$0	$1,100
JOSE NIEVES	EXEC BOARD	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
2024	$163,273	$194,290	$838,826	$-31,017
2023	$257,801	$208,897	$853,984	$48,904
2022	$91,291	$191,863	$811,697	$-100,572
2021	$-41,275	$190,964	$867,610	$-232,239
2020	$-197,895	$25,000	$823,257	$-222,895
2019	$154,940	$150,000	$885,290	$4,940
2018	$116,632	$75,000	$880,350	$41,632

METAL LATHERS HOLDING CORPORATION