IOWA STATE ASSOCIATION OF LETTER CARRIERS (EIN 237114843) - 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

1989

Legal Domicile

Principal Officer

HERBERT L COPLEY

Phone

7123143116

Tax Period

2024-05-01 to 2025-04-30

IOWA STATE ASSOCIATION OF LETTER CARRIERS, founded in 1989, is a micro nonprofit that reported $74K in total revenue in fiscal year 2024.

Mission

To educate and inform our members of postal legislative issues

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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 $61,669

Program Service Revenue $11,770

Investment Income $69

Other Revenue $0

TOTAL REVENUE $73,508

Expense Breakdown

Grants Paid $0

Salaries & Benefits $30,711

Fundraising Expenses $0

Program Expenses $17,097

Other Expenses $47,647

TOTAL EXPENSES $78,358

Year-over-Year Comparison

	2024	2023	Change
Revenue	$73,508	$71,293	+0.0%
Expenses	$78,358	$74,005	+0.1%
Net Income	$-4,850	$-2,712	+0.8%

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

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

$37,546

Total Directors

Key Employees

$2,068

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HERBERT L COPLEY	STATE CHAIR	5.00	Officer	$9,392	$3,368	$12,760
THOMAS A KINN	VICE CHAIR	1.00	Officer	$3,786	$1,256	$5,042
KEITH I BROWN	TREASURER	2.00	Officer	$3,558	$612	$4,170
TOMAS L RENTZ	2ND DISTRICT LCCL	0.00	Officer	$2,317	$1,382	$3,699
JAMES C BEACH	SECRETARY	2.00	Officer	$2,958	$612	$3,570
TRAVIS D KLEMP	4TH DISTRICT LCCL	0.00	Officer	$1,738	$1,328	$3,066
MICHELLE M PAULSEN	3RD DISTRICT LCCL	0.00	Officer	$1,738	$1,049	$2,787
JOHN E HOLBEN	STATE LEG LIAISON	0.00	Key Emp	$1,158	$910	$2,068
TRACI S VANHYNING	1st DISTRICT LCCL	0.00	Officer	$1,158	$480	$1,638
MICHAEL J BIRKETT	DIRECTOR OF RETIREES	0.00	Officer	$579	$235	$814

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	$73,508	$78,358	$92,176	$-4,850
2024	$71,293	$74,005	$97,026	$-2,712
2023	$72,186	$98,228	$99,723	$-26,042
2022	$63,882	$40,080	$125,764	$23,802

IOWA STATE ASSOCIATION OF LETTER CARRIERS