BAKERY CONFECTIONERY TOBACCO WORKERS & GRAIN MILLERS UNION 196 (EIN 346556138) - 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

BERNARD ALDRICH JR

Phone

2709036972

Tax Period

2024-01-01 to 2024-12-31

BAKERY CONFECTIONERY TOBACCO WORKERS & GRAIN MILLERS UNION 196, founded in 1999, is a small nonprofit that reported $344K in total revenue in fiscal year 2024. Revenue surged 80% from the prior year, signaling strong growth momentum. The organization ran a surplus of $70K, a strong 20% operating margin.

Mission

THE PRIMARY GOAL OF THE BAKERY CONFECTIONARY TOBACCO WORKERS & GRAIN MILLERS UNION IS TO BRING ECONOMIC JUSTICE IN THE WORKPLACE TO ALL WORKERS IN THEIR JURISDICTION

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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 $343,184

Program Service Revenue $0

Investment Income $353

Other Revenue $0

TOTAL REVENUE $343,537

Expense Breakdown

Grants Paid $0

Salaries & Benefits $64,175

Fundraising Expenses $0

Other Expenses $209,184

TOTAL EXPENSES $273,359

Year-over-Year Comparison

	2024	2023	Change
Revenue	$343,537	$190,448	+0.8%
Expenses	$273,359	$163,925	+0.7%
Net Income	$70,178	$26,523	+1.6%

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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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

$22,002

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRENT CLARY	PRESIDENT	1.00	Officer	$4,932	$0	$4,932
PRESTON HIGDON	VICE PRESIDENT	1.00	Officer	$4,414	$0	$4,414
JEFF BEAVERS	RECORDING SECRETARY	1.00	Officer	$5,464	$0	$5,464
RICK GANT	FINANCIAL SECRETARY	1.00	Officer	$1,084	$0	$1,084
CHRIS HATFIELD	CHIEF STEWARD	1.00	Officer	$2,530	$0	$2,530
CHRIS CLOUSE	SERGEANT AT ARMS	1.00	Officer	$360	$0	$360
DANA HOPKINS	TRUSTEE	1.00	Officer	$1,205	$0	$1,205
JOHN HUGHES	TRUSTEE	1.00	Officer	$1,731	$0	$1,731
JOHN FUQUA	TRUSTEE	1.00	Officer	$282	$0	$282

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	No data	No data	No data	No data
2024	$343,537	$273,359	$240,121	$70,178

BAKERY CONFECTIONERY TOBACCO WORKERS & GRAIN MILLERS UNION 196