THE LABOR GUILD OF THE ARCHDIOCESE… - Form 990 Financial Data

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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

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 PROMOTES GOOD ORDER AND JUSTICE IN TODAY'S WORKPLACE BY INSPIRING, MOTIVATING AND HELPING MEN AND WOMEN TO ACT WITH CONSCIENCE, KNOW-HOW AND COURAGE IN LABOR-MANAGEMENT RELATIONS.

Program Service Accomplishments

Program 1

Expenses: $5,087 Revenue: $8,965

THROUGH CLASSES AND WORKSHOPS THE LABOR GUILD PROVIDES PROFESSIONAL TRAINING AND PERSONAL DEVELOPMENT TO STUDENTS AND WORKING PRACTITIONERS. THESE COURSES ARE INTENDED TO HELP STUDENTS GAIN SKILLS...

THROUGH CLASSES AND WORKSHOPS THE LABOR GUILD PROVIDES PROFESSIONAL TRAINING AND PERSONAL DEVELOPMENT TO STUDENTS AND WORKING PRACTITIONERS. THESE COURSES ARE INTENDED TO HELP STUDENTS GAIN SKILLS AND CONFIDENCE AND GROW THEIR NETWORK. THE GOAL IS TO CREATE A STRESS-FREE, POSITIVE ENVIRONMENT FOR LEARNING AND SHARING KNOWLEDGE.

Program 2

Expenses: $63,336 Revenue: $42,221

MEMBERSHIP DUES ARE TO BE RENEWED ANNUALLY TO MAINTAIN ACTIVE STATUS AS A LABOR GUILD MEMBER. THESE DUES ARE USED TO PROVIDE COURSES AND SERVICES TO MEMBERS AND HELP STRENGTHEN THE LABOR GUILD'S...

MEMBERSHIP DUES ARE TO BE RENEWED ANNUALLY TO MAINTAIN ACTIVE STATUS AS A LABOR GUILD MEMBER. THESE DUES ARE USED TO PROVIDE COURSES AND SERVICES TO MEMBERS AND HELP STRENGTHEN THE LABOR GUILD'S COMMITMENT AND GROW THE IMPACT OF THOSE FIGHTING FOR THE RIGHTS OF ALL MEMBERS OF THE LABOR RELATIONS COMMUNITY.

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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 $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

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

Total Directors

$60,000

Key Employees

Highest Compensated

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

THE LABOR GUILD OF THE ARCHDIOCESE OF BOSTON INC