Salinas Valley Federation of Teach… - Form 990 Financial Data

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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

1948

Legal Domicile

Principal Officer

Kati Bassler

Phone

8314428234

Tax Period

2023-07-01 to 2024-06-30

Salinas Valley Federation of Teachers AFT Local 1020, founded in 1948, is a community nonprofit that reported $1.2M in total revenue in fiscal year 2023.

Mission

collective bargaining representation

Program Service Accomplishments

Program 1

collective bargaining, grievance handling, and legislative monitoring for about 900 certificated employees of the Salinas Union High, Alisal Union, Salinas City Elementary, and Santa Rita Union...

collective bargaining, grievance handling, and legislative monitoring for about 900 certificated employees of the Salinas Union High, Alisal Union, Salinas City Elementary, and Santa Rita Union School Districts

Program 2

printing and publication of the Eye on the Board and other newsletters

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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 $1,075,378

Investment Income $5,140

Other Revenue $166,611

TOTAL REVENUE $1,247,129

Expense Breakdown

Grants Paid $0

Salaries & Benefits $32,300

Fundraising Expenses $0

Other Expenses $1,229,052

TOTAL EXPENSES $1,267,868

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,247,129	$1,207,857	+0.0%
Expenses	$1,267,868	$1,203,252	+0.1%
Net Income	$-20,739	$4,605	-5.5%

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

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

$32,300

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Kati Bassler	President	40.00	Officer	$12,000	$0	$12,000
Thomas Carroll	Treasurer	5.00	Officer	$6,000	$0	$6,000
Juan Campos	Communications	2.00	Officer	$5,400	$0	$5,400
Melissa Gonzalez	Vice President	2.00	Officer	$2,500	$0	$2,500
Tari Johnson	Vice President	2.00	Officer	$2,500	$0	$2,500
Robin Mendenhall	Secretary	2.00	Officer	$1,500	$0	$1,500
Gabriello Rubino	Vice President	2.00	Officer	$1,000	$0	$1,000
Rosalynde Dixon	Secretary	2.00	Officer	$900	$0	$900
Barry Covington	Vice President	30.00	Officer	$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
2025	No data	No data	No data	No data
2024	$1,247,129	$1,267,868	$706,843	$-20,739
2023	$1,207,857	$1,203,252	$797,635	$4,605
2022	$1,150,709	$1,134,953	$585,127	$15,756
2021	$1,078,144	$1,081,154	$566,064	$-3,010
2020	$1,044,565	$1,084,924	$512,359	$-40,359
2019	$1,063,313	$993,293	$618,891	$70,020

Salinas Valley Federation of Teachers AFT Local 1020