LOCAL 225 BUILDING ASSOCIATION INC (EIN 200383691) - 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

2003

Legal Domicile

Principal Officer

BO GARRETT

Phone

6785534702

Tax Period

2024-07-01 to 2025-06-30

LOCAL 225 BUILDING ASSOCIATION INC, founded in 2003, is a small nonprofit in the Community Improvement sector that reported $125K in total revenue in fiscal year 2024.

Mission

HOLDS TITLE AND MANAGES REAL PROPERTY FOR UNION OFFICES.

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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 $223,000

Program Service Revenue $0

Investment Income $0

Other Revenue $-98,137

TOTAL REVENUE $124,863

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $0

TOTAL EXPENSES $0

Year-over-Year Comparison

	2024	2023	Change
Revenue	$124,863	$-26,008	-5.8%
Expenses	N/A	$66,580	-1.0%
Net Income	N/A	$-92,588	N/A

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RIGOVERTO DAVILA	TRUSTEE	1.00	Director	$0	$0	$0
KENNETH REID JR	TRUSTEE	1.00	Director	$0	$0	$0
VICENTE RUMBO	TRUSTEE	1.00	Director	$0	$0	$0
SAMUEL ASANTE	RECORDING SE	1.00	Officer	$0	$0	$0
ANDRE COCHRAN	CONDUCTOR	1.00	Officer	$0	$0	$0
BO GARRETT	FINANCIAL SE	40.00	Officer	$0	$0	$0
JEAN HILAIRE	WARDEN	1.00	Officer	$0	$0	$0
TERRANCE LAWRENCE	VICE PRESIDE	1.00	Officer	$0	$0	$0
IRAM PEREZ	PRESIDENT	1.00	Officer	$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
2025	$124,863	No data	$1,086,401	No data
2024	$-26,008	$66,580	$961,538	$-92,588
2023	$200,751	No data	$1,054,127	No data
2022	$-50,807	No data	$718,159	No data
2021	$-11,716	$40,705	$768,966	$-52,421

LOCAL 225 BUILDING ASSOCIATION INC