L 420 INC

EIN: 133773575

NEW YORK, NY

Total Revenue
$138,380
Total Expenses
$256,611
Total Assets
$3,799,428
Net Assets
$3,799,428
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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
1971
Legal Domicile
NY
Principal Officer
CARMEN CHARLES
Phone
3475326420
Tax Period
2024-01-01 to 2024-12-31

L 420 INC, founded in 1971, is a small nonprofit that reported $138K in total revenue in fiscal year 2024. Expenses of $257K exceeded revenue, resulting in a 85% operating deficit.

Mission

BUILDING FUND FOR LOCAL 420

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $136,688
Investment Income $0
Other Revenue $1,692
TOTAL REVENUE $138,380

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $256,611
TOTAL EXPENSES $256,611

Year-over-Year Comparison

2024 2023 Change
Revenue $138,380 $140,478 0.0%
Expenses $256,611 $265,378 0.0%
Net Income $-118,231 $-124,900 -0.1%
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

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Governance

Voting Members
21
Independent Members
21
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
0
$0
Total Directors
21
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Carmen Charles President 005.00
Director
$0 $0 $0
Ursula Joseph 1 Vice President 005.00
Director
$0 $0 $0
Esther Simon Sect/Treasurer 005.00
Director
$0 $0 $0
Angel Benitez 2nd Vice President 005.00
Director
$0 $0 $0
Samuel Patrick Recording Sect 005.00
Director
$0 $0 $0
Jeffrey Moore Member 005.00
Director
$0 $0 $0
Susan Lashley Member 005.00
Director
$0 $0 $0
Norma Ochoa Member 005.00
Director
$0 $0 $0
Melvin Morgan Member 005.00
Director
$0 $0 $0
Miguel Oritz Member 005.00
Director
$0 $0 $0
Colin Williams Member 005.00
Director
$0 $0 $0
Sonia Denton Member 005.00
Director
$0 $0 $0
Deborah Grant Member 005.00
Director
$0 $0 $0
April Wilkins Member 005.00
Director
$0 $0 $0
Leroy Liverpool Member 005.00
Director
$0 $0 $0
Lydia Cora Member 005.00
Director
$0 $0 $0
Alfred Grant Member 005.00
Director
$0 $0 $0
Frances Martino Member 005.00
Director
$0 $0 $0
Abiola O'Brien Member 005.00
Director
$0 $0 $0
Jose Robles Member 005.00
Director
$0 $0 $0
Michelle Reyes Member 005.00
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 $138,380 $256,611 $3,799,428 $-118,231
2023 $140,478 $265,378 $3,917,659 $-124,900
2022 $187,080 $282,480 $4,042,559 $-95,400
2021 $176,846 $294,012 $4,137,959 $-117,166
2020 $124,467 $225,390 $4,255,125 $-100,923
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