TEAMSTERS NO 53 TCWH (EIN 230578867) - 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

1984

Legal Domicile

Principal Officer

WILLIAM HAMILTON

Phone

2156344567

Tax Period

2024-01-01 to 2024-12-31

TEAMSTERS NO 53 TCWH, founded in 1984, is a small nonprofit that reported $376K in total revenue in fiscal year 2024. Expenses of $456K exceeded revenue, resulting in a 21% operating deficit.

Mission

THE LABOR ORGANIZATION'S PURPOSE IS TO ORGANIZE WORKERS TO SECURE IMPROVED WAGES, HOURS, WORKING CONDITIONS AND OTHER ECONOMIC ADVANTAGES THROUGH ORGANIZATION, NEGOTIATION AND COLLECTIVE BARGAINING.

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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 $360,312

Investment Income $16,004

Other Revenue $0

TOTAL REVENUE $376,316

Expense Breakdown

Grants Paid $8,890

Salaries & Benefits $257,444

Fundraising Expenses $0

Other Expenses $189,476

TOTAL EXPENSES $455,810

Year-over-Year Comparison

	2024	2023	Change
Revenue	$376,316	$384,677	0.0%
Expenses	$455,810	$466,824	0.0%
Net Income	$-79,494	$-82,147	0.0%

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

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

$105,837

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILLIAM HAMILTON	PRESIDENT	20.00	Officer	$0	$27	$27
HOWARD W WELLS	SECRETARY TREASURER	20.00	Officer	$19,200	$4,635	$23,835
DANIEL GRACE	VICE PRESIDENT	20.00	Officer	$13,200	$3,195	$16,395
MICHAEL BONADUCE	TRUSTEE	20.00	Officer	$13,200	$3,195	$16,395
JOCK ROWE	RECORDING SECRETARY (P)	20.00	Officer	$0	$0	$0
ROBERT BRYAN JR	RECORDING SECRETARY	20.00	Officer	$13,200	$3,195	$16,395
EDGAR THOMPSON	TRUSTEE	20.00	Officer	$13,200	$3,195	$16,395
DENNIS HOWER	TRUSTEE	20.00	Officer	$13,200	$3,195	$16,395

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	$376,316	$455,810	$367,188	$-79,494
2023	$384,677	$466,824	$446,682	$-82,147
2022	$493,773	$494,664	$528,829	$-891
2021	$563,733	$573,454	$529,720	$-9,721
2020	$524,433	$481,053	$539,441	$43,380
2019	$542,993	$533,629	$496,061	$9,364
2018	$557,342	$514,186	$481,773	$43,156

TEAMSTERS NO 53 TCWH