OPERATIVE PLASTERERS & CEMENT MASONS LOCAL 599 (EIN 391960564) - 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

1923

Legal Domicile

Principal Officer

BART SWEARINGEN

Phone

4143540599

Tax Period

2023-01-01 to 2023-12-31

OPERATIVE PLASTERERS & CEMENT MASONS LOCAL 599, founded in 1923, is a community nonprofit that reported $1.9M in total revenue in fiscal year 2023. Revenue surged 20% from the prior year, signaling strong growth momentum. Expenses of $1.7M left a modest 11% surplus.

Mission

TO PROMOTE THE INTERESTS OF ITS MEMBERSHIP BY PROVIDING EDUCATION, TRAINING, AND JOB PLACEMENT.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,903,270

Investment Income $20,361

Other Revenue $23,053

TOTAL REVENUE $1,946,684

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,215,632

Fundraising Expenses $0

Other Expenses $523,232

TOTAL EXPENSES $1,738,864

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,946,684	$1,618,451	+0.2%
Expenses	$1,738,864	$1,777,534	0.0%
Net Income	$207,820	$-159,083	-2.3%

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

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

$1,048,651

Total Directors

$1,048,651

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MATTHEW GANHS	PRESIDENT	42.00	Officer Director	$90,195	$70,354	$160,549
TRAE JAMES	STATEWIDE ORGANIZER	42.00	Officer Director	$99,620	$74,260	$173,880
TODD GRAY	BUSINESS MANAGER	42.00	Officer Director	$103,975	$76,141	$180,116
FELIX RAMIREZ	VICE PRESIDENT	42.00	Officer Director	$91,230	$81,904	$173,134
KILAH ENGELKE	RECORDING SECRETARY	42.00	Officer Director	$104,414	$73,639	$178,053
BARTHOLOMEW SWEARINGEN	FINANCIAL SECRETARY/TREASURER	42.00	Officer Director	$108,414	$74,505	$182,919
DOUGLAS HANSON	SERGEANT-AT-ARMS	1.00	Officer 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	No data	No data	No data	No data
2023	$1,946,684	$1,738,864	$3,329,704	$207,820
2022	$1,618,451	$1,777,534	$3,121,888	$-159,083
2021	$1,751,687	$1,704,203	$3,280,874	$47,484
2020	$1,823,977	$1,705,825	$3,233,787	$118,152
2019	$1,955,114	$1,824,336	$3,114,938	$130,778
2018	$1,773,105	$1,597,749	$3,470,708	$175,356

OPERATIVE PLASTERERS & CEMENT MASONS LOCAL 599