AMALGAMATED TRANSIT UNION LOCAL 1764 (EIN 510600018) - 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

2006

Legal Domicile

Principal Officer

RAENELLE COLE

Phone

3015684306

Tax Period

2024-01-01 to 2024-12-31

AMALGAMATED TRANSIT UNION LOCAL 1764, founded in 2006, is a small nonprofit that reported $441K in total revenue in fiscal year 2024. Revenue surged 117% from the prior year, signaling strong growth momentum.

Mission

TO FURTHER THE INTERESTS AND WELFARE OF THE MEMBERSHIP OF THIS ORGANIZATION AND ADVANCE THE CAUSE OF ORGANIZED LABOR.

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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 $441,356

Investment Income $0

Other Revenue $0

TOTAL REVENUE $441,356

Expense Breakdown

Grants Paid $0

Salaries & Benefits $215,236

Fundraising Expenses $0

Other Expenses $258,586

TOTAL EXPENSES $473,822

Year-over-Year Comparison

	2024	2023	Change
Revenue	$441,356	$203,275	+1.2%
Expenses	$473,822	$152,316	+2.1%
Net Income	$-32,466	$50,959	-1.6%

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

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

$97,737

Total Directors

$118,802

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RAENELLE COLE	PRESIDENT	40.00	Officer Director	$43,502	$0	$43,502
JERMAL MEEKS	SECRETARY-TREASURER	40.00	Officer Director	$23,366	$0	$23,366
KENNARD HOUSE	VICE PRESIDENT	20.00	Officer Director	$30,869	$0	$30,869
NICOLE SESSION	EXECUTIVE BOARD MEMBER	1.00	Director	$4,850	$0	$4,850
LARRY LEE	EXECUTIVE BOARD MEMBER	1.00	Director	$664	$0	$664
WYDELL CHASE	EXECUTIVE BOARD MEMBER	1.00	Director	$15,551	$0	$15,551

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	$441,356	$473,822	$55,530	$-32,466
2023	$203,275	$152,316	$84,016	$50,959
2022	$125,888	$157,009	$31,227	$-31,121
2021	$266,921	$446,284	$65,790	$-179,363
2020	$713,249	$591,737	$241,712	$121,512
2019	$719,731	$664,171	$120,200	$55,560
2018	$727,112	$757,436	$64,640	$-30,324

AMALGAMATED TRANSIT UNION LOCAL 1764