FARM LABOR ORGANIZING COMMITTEE

EIN: 341044086 Employment

TOLEDO, OH

Total Revenue
$468,637
Total Expenses
$698,387
Total Assets
$228,738
Net Assets
$-5,251
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1968
Legal Domicile
OH
Principal Officer
BALDEMAR VELASQUEZ
Phone
4192433456
Tax Period
2023-01-01 to 2023-12-31

FARM LABOR ORGANIZING COMMITTEE, founded in 1968, is a small nonprofit in the Employment sector that reported $469K in total revenue in fiscal year 2023. Revenue fell 25% from the prior year — a significant decline worth monitoring. Expenses of $698K exceeded revenue, resulting in a 49% operating deficit.

Mission

IT IS THE GENERAL PURPOSE OF THE FARM LABOR ORGANIZING COMMITTEE, AFL-CIO, HEREINAFTER REFERRED TO AS FLOC UNION, TO FORM AND COMPRISE A UNION OF PEOPLE TO WORK FOR THE BETTERMENT OF FARMWORKERS AND FORMER FARMWORKERS, AND ALL OTHER PERSONS, REGARDLESS OF RACE, COLOR, CITIZENSHIP, AGE, SEX, CREED, PLACE OF NATIONAL ORIGIN, WHO FOR ANY REASON HAVE BEEN EXCLUDED FROM FULL ENJOYMENT OF SOCIAL, ECONOMIC AND POLITICAL RIGHTS. THE SPECIFIC PURPOSE AND FUNCTIONS OF THIS UNION ARE: 1) TO IMPROVE WORKING AND LIVING CONDITIONS OF FLOC UNION AFL-CIO MEMBERS AND TO DEVELOP JUST COMPENSATION FOR WORK (I.E., HEALTH BENEFITS, RETIREMENT PLANS, WORKER PLANS FOR CHANGES ON METHOD OF PRODUCTION, ETC.) THROUGH SELF-ORGANIZATION, PUBLIC ACTIONS AND COLLECTIVE BARGAINING. 2) TO REPRESENT AND ADVOCATE FOR FLOC UNION MEMBERS BEFORE PUBLIC AND PRIVATE GROUPS. 3) TO DEVELOP SELF-HELP PROGRAMS FOR THE ABOVE. 4) TO ENCOURAGE LEGISLATION FOR THE ABOVE WHO ARE EXCLUDED FROM ALL LABOR LEGISLATION.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $468,141
Program Service Revenue $0
Investment Income $496
Other Revenue $0
TOTAL REVENUE $468,637

Expense Breakdown

Grants Paid $0
Salaries & Benefits $482,992
Fundraising Expenses $0
Program Expenses $594,831
Other Expenses $215,395
TOTAL EXPENSES $698,387

Year-over-Year Comparison

2023 2022 Change
Revenue $468,637 $622,483 -0.2%
Expenses $698,387 $976,419 -0.3%
Net Income $-229,750 $-353,936 -0.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
6
Independent Members
6
Employees
8
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
3
$75,600
Total Directors
6
$75,600
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BALDEMAR VELASQUEZ PRESIDENT 40.00
Officer Director
$75,600 $0 $75,600
CRUZ DIAZ MONTALVO VICE-PRESIDE 1.00
Officer Director
$0 $0 $0
CHRISTIANA WAGNER SECRETARY/TR 1.00
Officer Director
$0 $0 $0
MIKE RIZO MEMBER AT LA 1.00
Director
$0 $0 $0
SERGIO SANCHEZ MEMBER AT LA 1.00
Director
$0 $0 $0
SANTIAGO RAMIREZ MEMBER AT LA 1.00
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
2024 No data No data No data No data
2023 $468,637 $698,387 $228,738 $-229,750
2022 $622,483 $976,419 $265,252 $-353,936
2021 $637,518 $589,914 $582,820 $47,604
2020 $564,535 $550,141 $569,074 $14,394
2019 $636,786 $660,936 $528,748 $-24,150
2018 $607,843 $624,053 $549,399 $-16,210
Explore More Nonprofits
Top 100 Nonprofits in Ohio Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare FARM LABOR ORGANIZING COMMITTEE with other nonprofits in Ohio and across the country.