INTERNATIONAL ASSOCIATION OF MACHINISTS & AEROSPACE WORKERS (EIN 410633658) - 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

1942

Legal Domicile

Principal Officer

Dan Wicklem

Phone

3202518732

Tax Period

2024-01-01 to 2024-12-31

INTERNATIONAL ASSOCIATION OF MACHINISTS & AEROSPACE WORKERS, founded in 1942, is a micro nonprofit that reported $32K in total revenue in fiscal year 2024. Revenue fell 49% from the prior year — a significant decline worth monitoring. Expenses of $52K exceeded revenue, resulting in a 63% operating deficit.

Mission

Working for the Betterment of Wages, Hours and Working Conditions of represented members

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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 $26,637

Investment Income $4,161

Other Revenue $1,072

TOTAL REVENUE $31,870

Expense Breakdown

Grants Paid $0

Salaries & Benefits $21,360

Fundraising Expenses $0

Program Expenses $0

Other Expenses $30,692

TOTAL EXPENSES $52,052

Year-over-Year Comparison

	2024	2023	Change
Revenue	$31,870	$62,939	-0.5%
Expenses	$52,052	$83,227	-0.4%
Net Income	$-20,182	$-20,288	0.0%

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

$12,146

Total Directors

$1,229

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jack Boelter	Recording Secretary	3	Officer	$3,610	$0	$3,610
Matthew Fallon	Vice President	1	Officer	$2,812	$0	$2,812
Sharen Melby	Trustee	1	Officer	$1,689	$0	$1,689
Samira Christle	Secretary Treasurer	5	Officer	$1,017	$0	$1,017
Terry Bachman	President	1	Officer	$945	$0	$945
Todd Grundhoefer	Trustee	1	Officer Director	$921	$0	$921
Matt Rasinski	Conductor Sentinel	1	Officer	$844	$0	$844
Bryce Richter	Trustee	1	Officer Director	$308	$0	$308

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	No data	No data	No data	No data
2024	$31,870	$52,052	$597,730	$-20,182
2023	$62,939	$83,227	$618,160	$-20,288
2022	$35,167	$67,317	$638,431	$-32,150
2021	$53,409	$95,689	$669,597	$-42,280
2020	$73,559	$168,713	$712,348	$-95,154

INTERNATIONAL ASSOCIATION OF MACHINISTS & AEROSPACE WORKERS