INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL 723 (EIN 350473525) - 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

1912

Legal Domicile

Principal Officer

CARY BUCHER

Phone

2604840373

Tax Period

2024-01-01 to 2024-12-31

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL 723, founded in 1912, is a small nonprofit that reported $336K in total revenue in fiscal year 2024. Expenses of $378K exceeded revenue, resulting in a 12% operating deficit.

Mission

UNION

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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 $0

Program Service Revenue $336,141

Investment Income $8

Other Revenue $48

TOTAL REVENUE $336,197

Expense Breakdown

Grants Paid $0

Salaries & Benefits $216,233

Fundraising Expenses $0

Program Expenses $377,802

Other Expenses $161,569

TOTAL EXPENSES $377,802

Year-over-Year Comparison

	2024	2023	Change
Revenue	$336,197	$337,157	0.0%
Expenses	$377,802	$365,121	+0.0%
Net Income	$-41,605	$-27,964	+0.5%

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

$14,501

Total Directors

$26,113

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ZACHARY TAYLOR	BUS MGR	60.00	Highest	$130,088	$0	$130,088
JEREMY SWALLS	EXEC BD	2.00	Director	$7,174	$0	$7,174
ROBERT WERMUTH	EXEC BD	2.00	Director	$7,003	$0	$7,003
CARY BUCHER	PRESIDENT	2.00	Officer	$5,963	$0	$5,963
NICK MCCOOL	REC SEC	2.00	Officer	$4,858	$0	$4,858
MARK HERALD	EXEC BD	2.00	Director	$4,364	$0	$4,364
JERROD CARLISLE	EXEC BD	2.00	Director	$4,339	$0	$4,339
JASON CARTER	EXEC BD	2.00	Director	$3,233	$0	$3,233
AMANDA RAMSEY	TREASURER	2.00	Officer	$1,480	$0	$1,480
TIMOTHY MILLER	VICE PRESIDE	2.00	Officer	$1,200	$0	$1,200
RICHARD OSBORN	PAST REC SEC	2.00	Officer	$1,000	$0	$1,000

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	$336,197	$377,802	$76,965	$-41,605
2023	$337,157	$365,121	$109,670	$-27,964
2022	$363,052	$425,644	$137,631	$-62,592
2021	$388,627	$436,988	$201,525	$-48,361
2020	$431,550	$476,278	$251,102	$-44,728
2019	$491,640	$576,848	$296,741	$-85,208
2018	$607,934	$694,113	$403,581	$-86,179

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL 723