LOCAL 350 - UNITED MARINE DIVISION

EIN: 273283619

RIDGEFIELD PARK, NJ

Total Revenue
$6,200
Total Expenses
$5,288
Total Assets
$12,337
Net Assets
$10,144
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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
2010
Legal Domicile
NJ
Principal Officer
JOHN HEALY
Phone
2014406525
Tax Period
2022-01-01 to 2022-12-31

LOCAL 350 - UNITED MARINE DIVISION, founded in 2010, is a micro nonprofit that reported $6K in total revenue in fiscal year 2022. Revenue surged 31% from the prior year, signaling strong growth momentum. Expenses of $5K left a modest 15% surplus.

Mission

PROVIDE WELFARE & IMPROVEMENT OF WORKING CONDITIONS FOR THOSE WHO ARE UNORGANIZED. SIGNIFICANT ACTIVITIES INCLUDE A CURRENT ORGANIZING DRIVE IN A NON-UNION COMPANY.

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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%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $6,200
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $6,200

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $5,288
TOTAL EXPENSES $5,288

Year-over-Year Comparison

2022 2021 Change
Revenue $6,200 $4,750 +0.3%
Expenses $5,288 $4,944 +0.1%
Net Income $912 $-194 -5.7%
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

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Governance

Voting Members
20
Independent Members
20
Employees
N/A
Volunteers
2

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
0
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
John Healy President 2.00
Director
$0 $0 $0
Lorraine Levy Sec'y./Treasurer 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
2022 $6,200 $5,288 $12,337 $912
2021 $4,750 $4,944 $11,425 $-194
2020 $4,469 $5,007 $11,619 $-538
2019 $6,345 $5,394 $12,157 $951
2018 $6,870 $6,187 $11,206 $683
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