Spokane Teamsters Building Association (EIN 510184392) - 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

1975

Legal Domicile

Principal Officer

Val Holstrom

Phone

5094559410

Tax Period

2023-01-01 to 2023-12-31

Spokane Teamsters Building Association, founded in 1975, is a small nonprofit that reported $127K in total revenue in fiscal year 2023. Revenue fell 27% from the prior year — a significant decline worth monitoring. Expenses of $163K exceeded revenue, resulting in a 28% operating deficit.

Mission

To provide office space to labor union related organizations and businesses providing services to labor union 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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $81,833

Investment Income $473

Other Revenue $44,729

TOTAL REVENUE $127,035

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $162,532

TOTAL EXPENSES $162,532

Year-over-Year Comparison

	2023	2022	Change
Revenue	$127,035	$175,211	-0.3%
Expenses	$162,532	$133,702	+0.2%
Net Income	$-35,497	$41,509	-1.9%

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

N/A

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

$312,329

Total Directors

$312,329

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Val Holstrom	President	1.00	Officer Director	$0	$0	$0
Larry Kroetch	Vice President	2.00	Officer Director	$0	$40,870	$163,352
Matthew Tanner	Secretary Treasurer	1.00	Officer Director	$0	$0	$6,600
Joseph Kuhn	Recording Secretary	1.00	Officer Director	$0	$32,963	$142,377

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	$127,035	$162,532	$1,246,133	$-35,497
2022	$175,211	$133,702	$1,291,014	$41,509
2021	$413,545	$115,681	$859,004	$297,864
2020	$81,068	$129,823	$443,573	$-48,755
2019	$109,053	$122,726	$363,206	$-13,673
2018	$100,120	$129,439	$379,834	$-29,319

Spokane Teamsters Building Association