EASTPOINTE FEDERATION OF EDUCATORS LOCAL 698

EIN: 386092436

EASTPOINTE, MI

Total Revenue
$94,203
Total Expenses
$88,506
Total Assets
$173,104
Net Assets
$172,525
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1942
Legal Domicile
MI
Principal Officer
LINCOLN STOCKS
Phone
5867783309
Tax Period
2024-09-01 to 2025-08-31

EASTPOINTE FEDERATION OF EDUCATORS LOCAL 698, founded in 1942, is a micro nonprofit that reported $94K in total revenue in fiscal year 2024. Revenue fell 21% from the prior year — a significant decline worth monitoring. Expenses of $89K left a modest 6% surplus.

Mission

TO REPRESENT THE INTERESTS OF UNION MEMBERSHIP IN COLLECTIVE BARGAINING MATTERS, AND TO PROVIDE COUNSEL AND ASSISTANCE TO ALL MEMBERS IN GRIEVANCE AND ARBITRATION MATTERS.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $92,369
Investment Income $120
Other Revenue $1,714
TOTAL REVENUE $94,203

Expense Breakdown

Grants Paid $0
Salaries & Benefits $15,787
Fundraising Expenses $0
Other Expenses $72,719
TOTAL EXPENSES $88,506

Year-over-Year Comparison

2024 2023 Change
Revenue $94,203 $119,189 -0.2%
Expenses $88,506 $115,163 -0.2%
Net Income $5,697 $4,026 +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

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Governance

Voting Members
8
Independent Members
8
Employees
8
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
5
$14,716
Total Directors
8
$19,050
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LINCOLN STOCKS PRESIDENT 30.00
Officer Director
$5,968 $0 $5,968
STEPHANIE JOVANOVSKI VICE PRESIDE N/A
Officer Director
$0 $0 $0
LAURETTA FISHER VICE PRESIDE 10.00
Officer Director
$2,916 $0 $2,916
BARBARA MAYER TREASURER 10.00
Officer Director
$2,916 $0 $2,916
ELIZABETH BUR SECRETARY 10.00
Officer Director
$2,916 $0 $2,916
EDWARD CRANE DEAN OF MEMB 10.00
Director
$1,166 $0 $1,166
BRIGID KOSZEWSKI SICK BANK CH 10.00
Director
$1,653 $0 $1,653
MARINA RUSSO COPE/ PAC 10.00
Director
$1,515 $0 $1,515
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
2025 $94,203 $88,506 $173,104 $5,697
2024 $119,189 $115,163 $167,409 $4,026
2023 $126,073 $104,775 $163,222 $21,298
2022 $111,483 $105,489 $141,742 $5,994
2021 $129,788 $128,556 $138,081 $1,232
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