AFSCME LOCAL 54 HEALTH & WELFARE FUND (EIN 232247372) - 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

1983

Legal Domicile

Principal Officer

STEPHEN SIMMONS

Phone

8008470902

Tax Period

2023-01-01 to 2023-12-31

AFSCME LOCAL 54 HEALTH & WELFARE FUND, founded in 1983, is a small nonprofit that reported $185K in total revenue in fiscal year 2023. Net assets of $602K represent 39 months of operating reserves.

Mission

THE FUND PROVIDES HEALTH AND WELFARE BENEFITS TO ITS PARTICIPANTS AND THEIR DEPENDENTS.

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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 $168,503

Investment Income $16,781

Other Revenue $0

TOTAL REVENUE $185,284

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $162,098

Other Expenses $32,301

TOTAL EXPENSES $194,399

Year-over-Year Comparison

	2023	2022	Change
Revenue	$185,284	$193,366	0.0%
Expenses	$194,399	$190,837	+0.0%
Net Income	$-9,115	$2,529	-4.6%

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

N/A

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
STEPHEN SIMMONS	TRUSTEE	5.00	Director	$0	$0	$0
TAMIKA GRAHAM	TRUSTEE	5.00	Director	$0	$0	$0
RAY BATES	TRUSTEE	5.00	Director	$0	$0	$0
SHAMIKA FENTRESS	TRUSTEE	5.00	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	No data	No data	No data	No data
2023	$185,284	$194,399	$602,107	$-9,115
2022	$193,366	$190,837	$597,930	$2,529
2021	$209,377	$212,886	$644,665	$-3,509
2020	$190,909	$233,220	$669,008	$-42,311

AFSCME LOCAL 54 HEALTH & WELFARE FUND