COMMUNICATIONS WORKERS OF AMERICA … - 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

1981

Legal Domicile

Principal Officer

JOHN ROSE

Phone

7322742171

Tax Period

2023-10-01 to 2024-09-30

COMMUNICATIONS WORKERS OF AMERICA LOCAL 1031, founded in 1981, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2023. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $981K left a modest 11% surplus.

Mission

TO ORGANIZE AND REPRESENT MEMBERS IN GRIEVANCES, NEGOTIATIONS AND UNION SERVICES WITH EMPLOYER ORGANIZATIONS.

Program Service Accomplishments

Program 1

Expenses: $575,408

TO ORGANIZE AND REPRESENT MEMBERS IN GRIEVANCES, NEGOTIATIONS AND UNION SERVICES WITH EMPLOYER ORGANIZATIONS.

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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 $1,065,669

Program Service Revenue $0

Investment Income $13,926

Other Revenue $25,732

TOTAL REVENUE $1,105,327

Expense Breakdown

Grants Paid $0

Salaries & Benefits $747,426

Fundraising Expenses $0

Program Expenses $941,659

Other Expenses $233,173

TOTAL EXPENSES $980,599

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,105,327	$931,109	+0.2%
Expenses	$980,599	$1,300,390	-0.2%
Net Income	$124,728	$-369,281	-1.3%

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

2600

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

$333,587

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN POLK	TREASURER	37.50	Officer	$127,431	$0	$127,431
KATHY HERNANDEZ	VICE PRES.	37.50	Officer	$114,799	$0	$114,799
JOHN ROSE	PRESIDENT	37.50	Officer	$91,357	$0	$91,357

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	$1,105,327	$980,599	$1,092,720	$124,728
2022	$1,045,415	$1,097,321	$1,268,233	$-51,906
2021	$1,088,790	$1,200,836	$1,349,584	$-112,046
2020	$973,278	$1,078,827	$1,474,290	$-105,549
2019	$1,185,790	$1,115,893	$1,612,492	$69,897
2018	$1,070,582	$1,231,408	$1,542,815	$-160,826

COMMUNICATIONS WORKERS OF AMERICA LOCAL 1031