BAKERY CONFECTIONARY 58G (EIN 344231236) - 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

1999

Legal Domicile

Principal Officer

EDWARD G SORINA

Phone

4192448864

Tax Period

2024-01-01 to 2024-12-31

BAKERY CONFECTIONARY 58G, founded in 1999, is a small nonprofit that reported $224K in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year. Expenses of $215K left a modest 4% surplus.

Mission

CONTRACT ENFORCEMENT AND NEGOTIATIONS FOR BCTGM LOCAL 58G WHICH HAS 5 CONTRACTS COVERING ITS MEMBERS.

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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 $224,175

Program Service Revenue $0

Investment Income $20

Other Revenue $0

TOTAL REVENUE $224,195

Expense Breakdown

Grants Paid $0

Salaries & Benefits $91,453

Fundraising Expenses $0

Other Expenses $123,411

TOTAL EXPENSES $214,864

Year-over-Year Comparison

	2024	2023	Change
Revenue	$224,195	$237,414	-0.1%
Expenses	$214,864	$205,484	+0.0%
Net Income	$9,331	$31,930	-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

$80,500

Total Directors

$84,354

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
EDWARD G SORINA	BUSINESS AGENTPRESIDENT	Officer Director	$46,577	$0	$46,577
BRIDGET NOTZKA	RECORDING SECRETARY	Officer Director	$10,057	$0	$10,057
STEVE D KASTEL	FINANCIAL SECRETARY	Officer Director	$9,288	$0	$9,288
MICHAEL J ULLER	VICE PRESIDENT	Officer Director	$6,758	$0	$6,758
LEE A ALFORD	TREASURER	Officer Director	$4,704	$0	$4,704
KEVIN CORSON	HEAD TRUSTEE	Director	$2,238	$0	$2,238
DEXTER BARRINGER	TRUSTEE	Officer Director	$2,238	$0	$2,238
TOBY FUST	SERGENT AT ARMS	Director	$1,362	$0	$1,362
FELTON JACKSON III	TRUSTEE	Officer Director	$878	$0	$878
ALEX KERN	GUARD	Director	$254	$0	$254

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	$224,195	$214,864	$269,092	$9,331
2023	$237,414	$205,484	$261,125	$31,930
2022	$206,129	$172,876	$229,095	$33,253
2018	$215,103	$217,219	$98,875	$-2,116

BAKERY CONFECTIONARY 58G