IBEW LOCAL 104 BROTHERHOOD FUND

EIN: 300092355 501(c)(3) Human Services

MANSFIELD, MA

Total Revenue
$176,390
Total Expenses
$112,009
Total Assets
$747,189
Net Assets
$747,189
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1900
Legal Domicile
MA
Principal Officer
BRIAN MURPHY
Phone
5086603900
Tax Period
2025-01-01 to 2025-12-31

IBEW LOCAL 104 BROTHERHOOD FUND, founded in 1900, is a small nonprofit in the Human Services sector that reported $176K in total revenue in fiscal year 2025. Revenue fell 26% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $64K, a strong 36% operating margin.

Mission

TO MAKE FINANCIAL GRANTS TO INDIVIDUAL MEMBERS OF THE IBEW LOCAL 104 UNION AND THEIR FAMILIES FOR THE HEALTH, EDUCATION, SUPPORT AND MAINTENANCE OF SUCH MEMBERS AND/OR THEIR FAMILIES WHO HAVE BEEN DETERMINED BY THE TRUSTEES TO BE IN NEED OF FINANCIAL ASSISTANCE.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $162,693
Investment Income $13,466
Other Revenue $231
TOTAL REVENUE $176,390

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $112,009
Other Expenses $5,918
TOTAL EXPENSES $112,009

Year-over-Year Comparison

2025 2024 Change
Revenue $176,390 $238,158 -0.3%
Expenses $112,009 $73,076 +0.5%
Net Income $64,381 $165,082 -0.6%
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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Governance

Voting Members
10
Independent Members
N/A
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
14
$1,741,769
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRIAN MURPHY BUS. MGR./FIN. SEC. 40.00
Officer
$0 $81,231 $326,100
JAMES FOSTER PRESIDENT 40.00
Officer
$0 $81,231 $306,889
JASON BENTLEY REC. SEC./ASST. BUS. MGR. 40.00
Officer
$0 $81,231 $305,575
TIM BURGESS EXECUTIVE BOARD 40.00
Officer
$0 $81,231 $303,882
HUGH BOYD TREASURER/ASST. BUS. MGR. 40.00
Officer
$0 $81,231 $303,206
SEAN MATTHEWS VICE PRESIDENT 40.00
Officer
$0 $44,340 $179,435
JOSEPH BREARE EXECUTIVE BOARD 5.00
Officer
$0 $0 $6,182
KYLE LAZARON EXECUTIVE BOARD 5.00
Officer
$0 $0 $3,250
WILL EATON EXECUTIVE BOARD (P) 5.00
Officer
$0 $0 $1,750
THOMAS RICE EXECUTIVE BOARD (P) 5.00
Officer
$0 $0 $1,500
BRIAN BREARE EXECUTIVE BOARD 5.00
Officer
$0 $0 $1,250
SEAN LAZARON EXECUTIVE BOARD (P) 5.00
Officer
$0 $0 $1,250
DYLAN WEEMAN EXECUTIVE BOARD 5.00
Officer
$0 $0 $1,250
MARK POTTER EXECUTIVE BOARD (P) 5.00
Officer
$0 $0 $250
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 $176,390 $112,009 $747,189 $64,381
2024 No data No data No data No data
2023 $229,105 $67,552 $517,726 $161,553
2022 $148,489 $116,879 $356,173 $31,610
2021 $203,424 $184,818 $345,469 $18,606
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