AMALGAMATED TRANSIT UNION LOCAL 268 (EIN 340063930) - 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

1940

Legal Domicile

Phone

2168613350

Tax Period

2023-01-01 to 2023-12-31

AMALGAMATED TRANSIT UNION LOCAL 268, founded in 1940, is a community nonprofit that reported $1.0M in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion.

Mission

TO IMPROVE WAGES, HOURS, WORKING CONDITIONS AND OTHER ECONOMIC ADVANTAGES THROUGH THE COLLECTIVE BARGAINING PROCESS

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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 $1,002,475

Investment Income $7,235

Other Revenue $0

TOTAL REVENUE $1,009,710

Expense Breakdown

Grants Paid $0

Salaries & Benefits $574,514

Fundraising Expenses $0

Other Expenses $527,589

TOTAL EXPENSES $1,104,603

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,009,710	$904,052	+0.1%
Expenses	$1,104,603	$959,781	+0.2%
Net Income	$-94,893	$-55,729	+0.7%

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

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

$288,022

Total Directors

$346,218

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILLIAM NIX SR	PRESIDENT / BUSINESS AGENT	40	Officer Director	$115,059	$34,715	$149,774
TAMEKA DUMAS	FINANCIAL / RECORDING SECRETARY - TREASURER	40	Officer Director	$98,058	$40,190	$138,248
CLARENCE KING	VICE PRESIDENT	16	Director	$24,913	$0	$24,913
DARNELL MORRIS	ASST BUSINESS AGENT	16	Director	$26,800	$0	$26,800
MALLORY JARROUS	ASST BUSINESS AGENT	8	Director	$6,483	$0	$6,483

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	$1,009,710	$1,104,603	$521,913	$-94,893
2022	$904,052	$959,781	$616,526	$-55,729
2021	$968,561	$936,917	$668,188	$31,644
2020	$1,039,597	$843,567	$637,996	$196,030
2019	$1,124,002	$1,063,318	$440,997	$60,684
2018	$1,254,359	$1,358,565	$380,632	$-104,206

AMALGAMATED TRANSIT UNION LOCAL 268