TEAMSTERS LOCAL UNION NO215 SCHOL- ARSHIP AND EDUCATIONAL TRUST FUND (EIN 352006809) - 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

1997

Legal Domicile

Principal Officer

CHARLES A WHOBREY

Phone

8124246471

Tax Period

2023-01-01 to 2023-12-31

TEAMSTERS LOCAL UNION NO215 SCHOL- ARSHIP AND EDUCATIONAL TRUST FUND, founded in 1997, is a small nonprofit that reported $235K in total revenue in fiscal year 2023. Revenue decreased 9% compared to the prior year.

Mission

THE FUND'S MISSION IS TO PROVIDE SCHOLARSHIPS TO ELIGIBLE CHILDREN OF PARTICIPATING UNION MEMBERS. THE FUND ALSO REIMBURSES CONSTRUCTION CONTRACTOR EMPLOYERS FOR EMPLOYEES ATTENDING CERTAIN SAFETY TRAINING CLASSES.

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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 $229,448

Investment Income $5,897

Other Revenue $0

TOTAL REVENUE $235,345

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $4,780

TOTAL EXPENSES $255,357

Year-over-Year Comparison

	2023	2022	Change
Revenue	$235,345	$257,610	-0.1%
Expenses	$255,357	$234,803	+0.1%
Net Income	$-20,012	$22,807	-1.9%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALAN BRAUN	EMPLOYER TRU	0.10	Director	$0	$0	$0
EARL BROWN	UNION TRUSTE	0.10	Director	$0	$0	$0
GARY M STALEY	EMPLOYER TRU	0.10	Director	$0	$0	$0
CHARLES A WHOBREY	UNION TRUSTE	0.40	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	$235,345	$255,357	$232,724	$-20,012
2022	$257,610	$234,803	$252,736	$22,807
2021	$234,660	$238,073	$229,929	$-3,413
2020	$240,489	$231,626	$233,342	$8,863
2019	$226,079	$230,332	$224,479	$-4,253
2018	$227,939	$231,525	$228,732	$-3,586

TEAMSTERS LOCAL UNION NO215 SCHOL- ARSHIP AND EDUCATIONAL TRUST FUND