IRONWORKERS LOCAL 395 TRUST FUND (EIN 356327302) - 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

1977

Legal Domicile

Principal Officer

RONALD WARE

Phone

3126491200

Tax Period

2024-01-01 to 2024-12-31

IRONWORKERS LOCAL 395 TRUST FUND, founded in 1977, is a mid-sized nonprofit that reported $22.3M in total revenue in fiscal year 2024. Net assets of $61.4M represent 33 months of operating reserves.

Mission

PROVIDE HEALTH BENEFITS

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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 $19,975,138

Investment Income $2,269,173

Other Revenue $81,601

TOTAL REVENUE $22,325,912

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $692,507

TOTAL EXPENSES $22,255,379

Year-over-Year Comparison

	2024	2023	Change
Revenue	$22,325,912	$21,134,983	+0.1%
Expenses	$22,255,379	$20,925,138	+0.1%
Net Income	$70,533	$209,845	-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

Total Directors

$591,605

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RONALD WARE JR	UNION TRUSTEE	2.00	Director	$0	$132,275	$297,021
JIM STEMMLER JR	UNION TRUSTEE	2.00	Director	$0	$132,275	$294,584
STEVE MICHAELS	EMPLOYER TRUSTEE	1.00	Director	$0	$0	$0
SAMUEL TIPTON	EMPLOYER TRUSTEE	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	$22,325,912	$22,255,379	$63,173,862	$70,533
2023	$21,134,983	$20,925,138	$61,785,446	$209,845
2022	$16,825,764	$17,962,881	$57,751,240	$-1,137,117
2021	$20,371,622	$16,925,376	$65,601,953	$3,446,246
2020	$6,836,141	$17,942,793	$61,915,332	$-11,106,652
2019	$19,652,300	$17,822,998	$62,516,813	$1,829,302
2018	$19,854,202	$15,777,844	$56,514,321	$4,076,358

IRONWORKERS LOCAL 395 TRUST FUND