General Teamsters Local Union No 397 (EIN 250834328) - 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

1930

Legal Domicile

Principal Officer

DOUGLAS YOUNGS

Phone

8144541516

Tax Period

2023-01-01 to 2023-12-31

General Teamsters Local Union No 397, founded in 1930, is a small nonprofit that reported $908K in total revenue in fiscal year 2023.

Mission

To engage in organizing workers to provide the benefit of unionism to all workers to protect preserve the benefits obtained for members

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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 $882,262

Investment Income $25,942

Other Revenue $160

TOTAL REVENUE $908,364

Expense Breakdown

Grants Paid $0

Salaries & Benefits $512,253

Fundraising Expenses $0

Other Expenses $440,248

TOTAL EXPENSES $952,501

Year-over-Year Comparison

	2023	2022	Change
Revenue	$908,364	$849,397	+0.1%
Expenses	$952,501	$822,514	+0.2%
Net Income	$-44,137	$26,883	-2.6%

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

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

$379,517

Total Directors

$390,151

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DOUGLAS YOUNGS	President	60.00	Officer Director	$130,593	$54,790	$185,383
DANIEL HIGDON	Trustee	4.000	Director	$3,108	$0	$3,108
JOSEPH DOUGLAS	Secretary Treasurer	60.00	Officer Director	$130,593	$54,790	$185,383
BILLIE PEYTON III	Vice President	4.000	Officer Director	$3,180	$0	$3,180
FRANK WATERS	Trustee	4.000	Director	$3,435	$0	$3,435
KEVIN LANGER	Recording Secretary	4.000	Officer Director	$5,571	$0	$5,571
ANTHONY MILANO	Trustee	4.000	Director	$4,091	$0	$4,091

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	$908,364	$952,501	$931,610	$-44,137
2022	$849,397	$822,514	$921,957	$26,883
2021	$812,038	$747,947	$979,350	$64,091
2020	$794,746	$771,203	$875,253	$23,543
2019	$815,886	$756,581	$844,745	$59,305
2018	$804,008	$769,465	$755,551	$34,543

General Teamsters Local Union No 397