LABORERS INTERNATIONAL UNION OF NORTH AMERICA LOCAL 620 (EIN 261180181) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2007

Legal Domicile

Principal Officer

PETER BARDESON

Phone

6053300205

Tax Period

2024-06-01 to 2025-05-31

LABORERS INTERNATIONAL UNION OF NORTH AMERICA, founded in 2007, is a small nonprofit that reported $272K in total revenue in fiscal year 2020. Revenue decreased 17% compared to the prior year. Expenses of $310K exceeded revenue, resulting in a 14% operating deficit.

Mission

LOCAL CHAPTER OF INTERNATIONAL LABOR UNION

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $365,550

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $365,550

Expense Breakdown

Grants Paid $0

Salaries & Benefits $354,313

Fundraising Expenses $0

Program Expenses $473,555

Other Expenses $117,492

TOTAL EXPENSES $473,555

Year-over-Year Comparison

	2024	2023	Change
Revenue	$365,550	$244,071	+0.5%
Expenses	$473,555	$409,124	+0.2%
Net Income	$-108,005	$-165,053	-0.3%

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

$117,165

Total Directors

$117,165

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PETE BARDESON	BUS MGR/SEC TREAS	40.00	Officer Director	$80,953	$36,212	$117,165
ZANE BRUNS	PRESIDENT	40.00	Officer Director	$0	$0	$0
FRED RANDLE	VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
SCOTT BAKER	RECORDING SEC	5.00	Officer Director	$0	$0	$0
TYLER KUNKEL	SGT AT ARMS	5.00	Officer Director	$0	$0	$0
KEN WESTRA	EXEC BD	5.00	Officer Director	$0	$0	$0
JAMES IHNEN	AUDITOR	2.00	Director	$0	$0	$0
KAYVON NAVARRETE	AUDITOR	2.00	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
2025	$365,550	$473,555	$114,577	$-108,005
2024	$244,071	$409,124	$222,828	$-165,053
2023	$146,697	$310,369	$391,272	$-163,672
2022	$247,371	$304,060	$550,328	$-56,689
2021	$271,565	$310,018	$607,108	$-38,453

LABORERS INTERNATIONAL UNION OF NORTH AMERICA LOCAL 620