THE LABOR GUILD OF THE ARCHDIOCESE OF BOSTON INC

EIN: 471226578 501(c)(3)

BRAINTREE, MA

Total Revenue
$239,556
Total Expenses
$327,227
Total Assets
$230,651
Net Assets
$-326,422
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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
2014
Legal Domicile
MA
Principal Officer
FATHER MARC FALLON
Phone
7813407887
Tax Period
2024-01-01 to 2024-12-31

THE LABOR GUILD OF THE ARCHDIOCESE OF BOSTON INC, founded in 2014, is a small nonprofit that reported $240K in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $327K exceeded revenue, resulting in a 37% operating deficit.

Mission

THE LABOR GUILD IS A MEMBERSHIP ORGANIZATION ESTABLISHED TO SUPPORT LABOR-MANAGEMENT RELATIONS.

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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 $49,483
Program Service Revenue $51,186
Investment Income $11,729
Other Revenue $127,158
TOTAL REVENUE $239,556

Expense Breakdown

Grants Paid $0
Salaries & Benefits $226,171
Fundraising Expenses $0
Program Expenses $68,423
Other Expenses $101,056
TOTAL EXPENSES $327,227

Year-over-Year Comparison

2024 2023 Change
Revenue $239,556 $217,294 +0.1%
Expenses $327,227 $298,956 +0.1%
Net Income $-87,671 $-81,662 +0.1%
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

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Governance

Voting Members
28
Independent Members
28
Employees
5
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
0
$0
Total Directors
24
$60,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
FATHER MARC FALLON EXECUTIVE DIRECTOR 5.00
Director
$34,464 $25,536 $60,000
DONALD CRONIN PRESIDENT, INTERIM 5.00
Director
$0 $0 $0
HUGH BOYD VICE PRESIDENT, INTERIM 5.00
Director
$0 $0 $0
FRANCIS X CALLAHAN TRUSTEE 3.00
Director
$0 $0 $0
THERESE DIMUZIO TRUSTEE 2.00
Director
$0 $0 $0
STEVE FINNIGAN TRUSTEE 4.00
Director
$0 $0 $0
DAVE KOWALSKI TRUSTEE 2.00
Director
$0 $0 $0
FRED LASKEY TRUSTEE 4.00
Director
$0 $0 $0
PAUL KELLY TREASURER, INTERIM 5.00
Director
$0 $0 $0
DARLENE LOMBOS TRUSTEE 1.00
Director
$0 $0 $0
MARK SMITH TRUSTEE 2.00
Director
$0 $0 $0
JOHN WALSH RECORDING SECRETARY 3.00
Director
$0 $0 $0
JACK WOLFE TRUSTEE 5.00
Director
$0 $0 $0
JAMES MARENGHI TRUSTEE 2.00
Director
$0 $0 $0
JOHN CRONIN TRUSTEE 2.00
Director
$0 $0 $0
RICHARD CABRAL JR TRUSTEE 1.00
Director
$0 $0 $0
WENDALL GARDNER TRUSTEE 1.00
Director
$0 $0 $0
BRIAN HART TRUSTEE 1.00
Director
$0 $0 $0
KATHARINE MULLEN TRUSTEE 1.00
Director
$0 $0 $0
BILLY VIETZE TRUSTEE 1.00
Director
$0 $0 $0
KENELL BROOMSTEIN TRUSTEE 1.00
Director
$0 $0 $0
TONIA KING TRUSTEE 1.00
Director
$0 $0 $0
PATRICIA LEAGAULT FRANK TRUSTEE 1.00
Director
$0 $0 $0
GINA O'TOOLE TRUSTEE 1.00
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 $790,135 $327,227 $230,651 $462,908
2024 $239,556 $327,227 $230,651 $-87,671
2023 $217,294 $298,956 $332,970 $-81,662
2022 $181,679 $219,500 $406,139 $-37,821
2021 $267,861 $192,823 $435,471 $75,038
2020 $226,349 $225,630 $359,773 $719
2019 $204,873 $286,843 $321,862 $-81,970
2018 $245,884 $318,332 $359,832 $-72,448
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