AMERICAN FEDERATION OF TEACHERS LO… - Form 990 Financial Data

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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

1966

Legal Domicile

Principal Officer

ERIC RADER

Phone

3138459790

Tax Period

2024-01-01 to 2024-12-31

AMERICAN FEDERATION OF TEACHERS LOCAL 1650, founded in 1966, is a small nonprofit that reported $355K in total revenue in fiscal year 2024. Expenses of $478K exceeded revenue, resulting in a 35% operating deficit.

Mission

TO REPRESENT FULL-TIME TEACHING FACULTY, COUNSELORS, AND LIBRARIANS AT HENRY FORD COLLEGE.

Program Service Accomplishments

Program 1

REPRESENTATION OF MEMBERSHIP IN COLLECTIVE BARGAINING, MEMBER SUPPORT IN CONTRACT RELATED MATTERS, AND MEMBER EDUCATION AND TRAINING.

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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 $1,250

Program Service Revenue $348,123

Investment Income $5,218

Other Revenue $0

TOTAL REVENUE $354,591

Expense Breakdown

Grants Paid $0

Salaries & Benefits $67,892

Fundraising Expenses $0

Other Expenses $410,558

TOTAL EXPENSES $478,450

Year-over-Year Comparison

	2024	2023	Change
Revenue	$354,591	$362,775	0.0%
Expenses	$478,450	$402,575	+0.2%
Net Income	$-123,859	$-39,800	+2.1%

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

$25,568

Total Directors

$29,829

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ERIC RADER	PRESIDENT	40.00	Officer Director	$0	$0	$0
SAM BAZZI	VP- EXTERNAL	5.00	Officer Director	$8,523	$0	$8,523
CHARDIN CLAYBOURNE	VP-INTERNAL	2.50	Officer Director	$4,261	$0	$4,261
STACEY BUCHANAN	TREASURER	5.00	Officer Director	$8,523	$0	$8,523
SARA SOEBBING	SECRETARY	2.50	Officer Director	$4,261	$0	$4,261
COURTNEY MATTNEWS	DEI OFFICER	2.50	Director	$4,261	$0	$4,261
JEANINE DIDONATO	AREA REPRESE	1.25	Director	$0	$0	$0
ANNETTE GLADNEY	AREA REPRESE	1.25	Director	$0	$0	$0
CHARLES IRISH	AREA REPRESE	1.25	Director	$0	$0	$0
JANEL MILLS	AREA REPRESE	1.25	Director	$0	$0	$0
JEFFREY CLICK	AREA REPRESE	1.25	Director	$0	$0	$0
STEVE GLAZER	AREA REPRESE	1.25	Director	$0	$0	$0
ROGER FRANK	AREA REPRESE	1.25	Director	$0	$0	$0
STEPHEN PEDLEY	AREA REPRESE	1.25	Director	$0	$0	$0
ASHLEY SMITH	AREA REPRESE	1.25	Director	$0	$0	$0
BRIAN SMITH	AREA REPRESE	1.25	Director	$0	$0	$0
MICHAEL HILL	AREA REPRESE	1.25	Director	$0	$0	$0
LINDA BRANDT	AREA REPRESE	1.25	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	$354,591	$478,450	$425,878	$-123,859
2023	$362,775	$402,575	$428,606	$-39,800
2022	$358,665	$354,647	$463,705	$4,018
2021	$389,217	$475,613	$543,300	$-86,396
2020	$408,711	$367,522	$546,156	$41,189
2019	$385,580	$373,812	$504,967	$11,768
2018	$378,973	$392,791	$503,281	$-13,818

AMERICAN FEDERATION OF TEACHERS LOCAL 1650