ELEVATOR CONSTRUCTORS LOCAL 2 ORGANIZATION FOR DIABETES RESEARCH (EIN 262868036) - 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

2008

Legal Domicile

Principal Officer

JOHN VALONE

Phone

7084176058

Tax Period

2024-01-01 to 2024-12-31

ELEVATOR CONSTRUCTORS LOCAL 2 ORGANIZATION FOR DIABETES RESEARCH, founded in 2008, is a micro nonprofit in the Medical Research sector that reported $33K in total revenue in fiscal year 2024. Revenue fell 66% from the prior year — a significant decline worth monitoring. Expenses of $77K exceeded revenue, resulting in a 134% operating deficit.

Mission

TO RAISE FUNDS TO ASSIST IN FUNDING A CURE FOR DIABETES THROUGH FUNDRAISING ACTIVITIES.

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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 $147,048

Program Service Revenue $0

Investment Income $0

Other Revenue $-113,957

TOTAL REVENUE $33,091

Expense Breakdown

Grants Paid $75,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $75,000

Other Expenses $2,436

TOTAL EXPENSES $77,436

Year-over-Year Comparison

	2024	2023	Change
Revenue	$33,091	$98,142	-0.7%
Expenses	$77,436	$73,237	+0.1%
Net Income	$-44,345	$24,905	-2.8%

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

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
DANIEL J BAUMANN	DIRECTOR / PRESIDENT - PAST	1.00	Officer Director	$0	$0	$0
JOHN S VALONE	DIRECTOR / TREASURER	1.00	Officer Director	$0	$0	$0
ROBERT P CAPUANI JR	DIRECTOR / SECRETARY	1.00	Officer Director	$0	$0	$0
ED CHRISTENSEN	DIRECTOR	1.00	Officer Director	$0	$0	$0
DIANE BLAIR	DIRECTOR	1.00	Officer Director	$0	$0	$0
JUAN GONZALEZ JR	DIRECTOR	1.00	Officer Director	$0	$0	$0
GARY A PIPIRAS	DIRECTOR / PRESIDENT - NEW	1.00	Officer 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	$33,091	$77,436	$95,443	$-44,345
2023	$98,142	$73,237	$139,788	$24,905
2022	$81,783	$71,374	$114,883	$10,409

ELEVATOR CONSTRUCTORS LOCAL 2 ORGANIZATION FOR DIABETES RESEARCH