International Brotherhood of Electrial Workers 1634 Local IBEW (EIN 421401129) - 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

1993

Legal Domicile

Principal Officer

Charles Holder

Phone

3192951034

Tax Period

2024-01-01 to 2024-12-31

International Brotherhood of Electrial Workers 1634 Local IBEW, founded in 1993, is a small nonprofit that reported $247K in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion.

Mission

Labor 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 $242,120

Program Service Revenue $0

Investment Income $805

Other Revenue $3,781

TOTAL REVENUE $246,706

Expense Breakdown

Grants Paid $0

Salaries & Benefits $58,962

Fundraising Expenses $0

Other Expenses $62,257

TOTAL EXPENSES $239,720

Year-over-Year Comparison

	2024	2023	Change
Revenue	$246,706	$210,900	+0.2%
Expenses	$239,720	$226,320	+0.1%
Net Income	$6,986	$-15,420	-1.5%

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

395

Independent Members

395

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

$42,991

Total Directors

$7,838

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Charles Holder	BA/Pres	10.00	Officer	$21,648	$0	$21,648
Randy Luvan	Vice Pres	5.00	Officer	$12,709	$0	$12,709
Kevin Ealy	Board	1.00	Director	$818	$0	$818
Ashley Williams	Financial Sec	5.00	Officer	$3,813	$0	$3,813
Jeremy Sinwell	Board	1.00	Director	$942	$0	$942
Dave Robertson	Board	1.00	Director	$2,302	$0	$2,302
Jamie Petersen	Board	1.00	Director	$2,990	$0	$2,990
Rich Terc	Treasurer	5.00	Officer	$1,414	$0	$1,414
Eric Byers	Board	1.00	Director	$786	$0	$786
Rahman Hudson	Recording Secretary	5.00	Officer	$3,407	$0	$3,407

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	$246,706	$239,720	$141,126	$6,986
2023	$210,900	$226,320	$134,550	$-15,420
2022	$283,157	$319,436	$149,583	$-36,279
2021	$286,377	$216,452	$186,010	$69,925
2020	$262,528	$227,914	$128,079	$34,614
2019	$258,876	$268,263	$83,538	$-9,387
2018	$251,162	$240,791	$90,674	$10,371

International Brotherhood of Electrial Workers 1634 Local IBEW