MANAGEMENT-LABOR WELFARE FUND LOCAL 1730 ILA (EIN 136086162) - 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

1963

Legal Domicile

Principal Officer

WAYNE WALSH

Phone

6098836688

Tax Period

2023-01-01 to 2023-12-31

MANAGEMENT-LABOR WELFARE FUND LOCAL 1730 ILA, founded in 1963, is a small nonprofit that reported $587K in total revenue in fiscal year 2023. Revenue fell 52% from the prior year — a significant decline worth monitoring. Expenses of $1.5M exceeded revenue, resulting in a 153% operating deficit.

Mission

TO PROVIDE HEALTH AND WELFARE BENEFITS TO PARTICIPANTS.

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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 $609,722

Investment Income $-22,706

Other Revenue $0

TOTAL REVENUE $587,016

Expense Breakdown

Grants Paid $0

Salaries & Benefits $13,355

Fundraising Expenses $0

Other Expenses $102,727

TOTAL EXPENSES $1,482,404

Year-over-Year Comparison

	2023	2022	Change
Revenue	$587,016	$1,223,351	-0.5%
Expenses	$1,482,404	$1,521,442	0.0%
Net Income	$-895,388	$-298,091	+2.0%

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

Total Directors

$500

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WAYNE WALSH	TRUSTEE (ALTERNATE)	1.00	Director	$0	$0	$0
MICHAEL DAY	TRUSTEE (ALTERNATE)	1.00	Director	$0	$0	$0
MARK GLADFELTER	TRUSTEE	1.00	Director	$0	$0	$0
CHRISTOPHER WALSH	TRUSTEE	15.00	Director	$0	$0	$0
MICHAEL BULL	TRUSTEE	1.00	Director	$500	$0	$500

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	$587,016	$1,482,404	$12,028	$-895,388
2022	$1,223,351	$1,521,442	$899,191	$-298,091
2021	$1,322,990	$1,331,826	$1,275,519	$-8,836
2020	$1,209,622	$1,216,371	$1,284,096	$-6,749
2019	$1,374,224	$1,181,309	$1,267,260	$192,915
2018	$1,203,430	$1,192,776	$1,055,556	$10,654

MANAGEMENT-LABOR WELFARE FUND LOCAL 1730 ILA