International Union of Bricklayers and Allied Craftworkers Local 6 (EIN 363912731) - 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

1993

Legal Domicile

Principal Officer

MICHAEL VOLPENTESTA

Phone

8159635311

Tax Period

2022-12-31 to 2023-10-01

International Union of Bricklayers and Allied Craftworkers Local 6, founded in 1993, is a small nonprofit that reported $654K in total revenue in fiscal year 2022. Revenue decreased 15% compared to the prior year. Expenses of $742K exceeded revenue, resulting in a 13% operating deficit.

Mission

ORGANIZE WORKERS FOR ADVANCEMENT

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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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $648,397

Investment Income $0

Other Revenue $5,366

TOTAL REVENUE $653,763

Expense Breakdown

Grants Paid $293

Salaries & Benefits $551,608

Fundraising Expenses $0

Other Expenses $190,084

TOTAL EXPENSES $741,985

Year-over-Year Comparison

	2022	2021	Change
Revenue	$653,763	$770,879	-0.2%
Expenses	$741,985	$968,994	-0.2%
Net Income	$-88,222	$-198,115	-0.6%

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

N/A

Independent Members

N/A

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

$367,657

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RICHARD BOYD	PRESIDENT/SECRETARY-TREASU	40.00	Officer	$79,538	$68,077	$147,615
ERIC MROWICKI	VICE CHAIRMEN/BUS REP	40.00	Officer	$54,864	$51,344	$106,208
CHARLIE BARRETT	VICE CHAIRMEN/BUS REP	40.00	Officer	$59,630	$54,204	$113,834

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
2023	$653,763	$741,985	No data	$-88,222
2022	$770,879	$968,994	$386,223	$-198,115
2021	$865,368	$945,396	$579,603	$-80,028
2020	$827,909	$916,568	$664,863	$-88,659
2019	$931,122	$982,811	$777,835	$-51,689

International Union of Bricklayers and Allied Craftworkers Local 6