BROTHERHOOD OF LOCOMOTIVE ENGINEERS AND TRAINMEN LONG ISLAND WELFARE FUND (EIN 510247782) - 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

1970

Legal Domicile

Principal Officer

GILMAN LANG

Phone

6318132234

Tax Period

2024-01-01 to 2024-12-31

BROTHERHOOD OF LOCOMOTIVE ENGINEERS AND TRAINMEN LONG ISLAND WELFARE FUND, founded in 1970, is a small nonprofit that reported $675K in total revenue in fiscal year 2024. Revenue surged 25% from the prior year, signaling strong growth momentum.

Mission

TO PROVIDE DENTAL AND OTHER BENEFITS TO PLAN PARTICIPANTS AND DEPENDENTS

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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 $649,860

Investment Income $22,118

Other Revenue $2,788

TOTAL REVENUE $674,766

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $370,905

TOTAL EXPENSES $693,448

Year-over-Year Comparison

	2024	2023	Change
Revenue	$674,766	$538,239	+0.3%
Expenses	$693,448	$582,483	+0.2%
Net Income	$-18,682	$-44,244	-0.6%

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

N/A

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

Total Directors

$301,557

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KEVIN SEXTON	Trustee	14.00	Director	$0	$17,686	$217,186
GILMAN LANG	Trustee	6.00	Director	$0	$0	$44,926
ERIC MARTIN	Trustee	2.00	Director	$0	$0	$39,445

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	$674,766	$693,448	$1,430,842	$-18,682
2023	$538,239	$582,483	$1,291,842	$-44,244
2022	$648,975	$550,002	$1,495,964	$98,973
2021	$581,495	$601,832	$1,169,399	$-20,337
2020	$617,293	$523,432	$1,331,452	$93,861
2019	$671,352	$662,080	$1,569,042	$9,272
2018	$632,508	$620,950	$1,142,053	$11,558

BROTHERHOOD OF LOCOMOTIVE ENGINEERS AND TRAINMEN LONG ISLAND WELFARE FUND