COALITION OF BLACK TRADE UNIONISTS (EIN 521128179) - 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

1972

Legal Domicile

Principal Officer

REV TERRENCE L MELVIN

Phone

2027783318

Tax Period

2023-01-01 to 2023-12-31

COALITION OF BLACK TRADE UNIONISTS, founded in 1972, is a community nonprofit that reported $1.3M in total revenue in fiscal year 2023. Revenue surged 49% from the prior year, signaling strong growth momentum. Expenses of $1.1M left a modest 12% surplus.

Mission

THE INTERNATIONAL COALITION OF BLACK TRADE UNIONISTS (CBTU) IS AN ORGANIZATION COMPRISED OF MEMBERS FROM SEVENTY-SEVEN INTERNATIONAL AND NATIONAL UNIONS WITH FORTY-TWO CHAPTERS ACROSS THE COUNTRY. CBTU SEEKS TO ORGANIZE WORKERS, SUPPORT CIVIL RIGHTS INITIATIVES AND IMPROVE ECONOMIC DEVELOPMENT AND EMPLOYMENT OPPORTUNITIES FOR BLACK WORKERS. CBTU WORKS WITH CIVIC GROUPS TO IMPROVE LIVING AND WORKING CONDITIONS AND TO PROVIDE A VOICE FOR MINORITIES.

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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 $612,724

Program Service Revenue $508,744

Investment Income $0

Other Revenue $136,100

TOTAL REVENUE $1,257,568

Expense Breakdown

Grants Paid $2,660

Salaries & Benefits $165,388

Fundraising Expenses $0

Other Expenses $939,282

TOTAL EXPENSES $1,107,330

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,257,568	$841,422	+0.5%
Expenses	$1,107,330	$870,250	+0.3%
Net Income	$150,238	$-28,828	-6.2%

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CLAUDE CUMMINGSJR	TRUSTEE	1.00	Director	$0	$0	$0
ELIZABETH POWELL	TRUSTEE	1.00	Director	$0	$0	$0
YOLANDA MCCLEAN	TRUSTEE	1.00	Director	$0	$0	$0
GEORGE GRESHAM	TRUSTEE	1.00	Director	$0	$0	$0
KENNETH RIGMAIDEN	TRUSTEE	1.00	Director	$0	$0	$0
KEN RILEY	TRUSTEE	1.00	Director	$0	$0	$0
DR LORETTA JOHNSON	TRUSTEE	1.00	Director	$0	$0	$0
KEITH RICHARDSON	TRUSTEE	1.00	Director	$0	$0	$0
REV TERRENCE MELVIN	PRESIDENT	5.00	Officer	$0	$0	$0
CLAYOLA BROWN	FIRST VICE PRESIDENT	1.00	Officer	$0	$0	$0
LEW MOYE	SECOND VICE PRESIDENT	1.00	Officer	$0	$0	$0
ANTHONY HARMON	EXECUTIVE VICE PRESIDENT	1.00	Officer	$0	$0	$0
FAITH MORRIS	TREASURER	5.00	Officer	$0	$0	$0
MAMIE PRATT	CORRESPONDING SECRETARY	1.00	Officer	$0	$0	$0
WAYNE BLANCHARD	RECORDING SECRETARY	1.00	Officer	$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	No data	No data	No data	No data
2023	$1,257,568	$1,107,330	$337,427	$150,238
2022	$841,422	$870,250	$200,367	$-28,828
2021	$434,673	$564,383	$213,505	$-129,710
2020	$526,615	$560,182	$378,735	$-33,567
2019	$758,309	$748,657	$386,383	$9,652
2018	$1,272,521	$1,126,694	$310,138	$145,827

COALITION OF BLACK TRADE UNIONISTS