LABORERS LOCAL #1197 (EIN 370347434) - 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

1938

Legal Domicile

Principal Officer

DANIEL WIGGINS

Phone

6186432757

Tax Period

2024-01-01 to 2024-12-31

LABORERS LOCAL #1197, founded in 1938, is a community nonprofit that reported $1.5M in total revenue in fiscal year 2024. Revenue surged 20% from the prior year, signaling strong growth momentum. The organization ran a surplus of $315K, a strong 21% operating margin.

Mission

OPERATION OF LABORERS LOCAL 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 $1,469,020

Investment Income $25,472

Other Revenue $12,840

TOTAL REVENUE $1,507,332

Expense Breakdown

Grants Paid $16,748

Salaries & Benefits $649,888

Fundraising Expenses $0

Other Expenses $525,404

TOTAL EXPENSES $1,192,040

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,507,332	$1,253,731	+0.2%
Expenses	$1,192,040	$1,031,196	+0.2%
Net Income	$315,292	$222,535	+0.4%

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

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

$244,326

Total Directors

$507,580

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SHAUN ELLIS	VICE PRESIDENT/FIELD REP	40.00	Director	$46,453	$27,375	$73,828
GLENDAL MITCHELL- PAST	PRESIDENT/ FIELD REP	40.00	Officer Director	$29,477	$30,719	$60,196
DANIEL WIGGINS	BUS MGR, SEC/TREAS	40.00	Officer Director	$103,441	$80,031	$183,472
AARON PERRYMAN	EXECUTIVE BOARD	1.00	Director	$600	$0	$600
JUSTIN BARROW	RECORDING SECRETARY	1.00	Director	$2,400	$0	$2,400
HOLDEN JACKSON	PRESIDENT/ FIELD REP	40.00	Director	$70,459	$54,154	$124,613
COLE TAYLOR	EXECUTIVE BOARD	1.00	Officer Director	$600	$58	$658
SHAWN GRIESEMER	EBOARD/FIELD REP	40.00	Director	$36,045	$25,768	$61,813

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	$1,507,332	$1,192,040	$1,475,543	$315,292
2023	$1,253,731	$1,031,196	$1,159,134	$222,535
2022	$1,083,431	$997,956	$936,619	$85,475
2021	$1,045,944	$929,997	$852,629	$115,947
2020	$1,031,269	$1,122,864	$735,371	$-91,595
2019	$1,059,319	$1,051,358	$826,995	$7,961
2018	$1,017,576	$1,144,546	$819,014	$-126,970

LABORERS LOCAL #1197