FOOD AND BEVERAGE WORKERS LOCAL UNION 32 AND EMPLOYERS BENEFITS FUND (EIN 521391582) - 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

1984

Legal Domicile

Principal Officer

CHARLES HENDRICKS

Phone

4108729501

Tax Period

2020-01-01 to 2020-12-31

FOOD AND BEVERAGE WORKERS LOCAL UNION 32 AND EMPLOYERS BENEFITS FUND, founded in 1984, is a small nonprofit that reported $555K in total revenue in fiscal year 2020. Revenue fell 32% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $193K, a strong 35% operating margin.

Mission

PROVIDES HEALTH AND WELFARE BENEFITS TO PARTICIPANTS.

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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 (2020)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $469,053

Investment Income $85,574

Other Revenue $445

TOTAL REVENUE $555,072

Expense Breakdown

Grants Paid $0

Salaries & Benefits $111,509

Fundraising Expenses $0

Other Expenses $175,514

TOTAL EXPENSES $362,349

Year-over-Year Comparison

	2020	2019	Change
Revenue	$555,072	$820,976	-0.3%
Expenses	$362,349	$414,372	-0.1%
Net Income	$192,723	$406,604	-0.5%

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
OLIVER ZEIDLER	TRUSTEE	1.00	Director	$0	$0	$0
HAROLD TAEGEL	TRUSTEE	1.00	Director	$0	$0	$0
CHARLES HENDRICKS	TRUSTEE	1.00	Director	$0	$0	$0
GARY WANG	TRUSTEE	1.00	Director	$0	$0	$0
MARGARET SHARP	TRUSTEE	1.00	Director	$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
2020	$555,072	$362,349	$3,903,384	$192,723
2019	$820,976	$414,372	$3,488,149	$406,604
2018	$796,208	$406,465	$2,751,047	$389,743

FOOD AND BEVERAGE WORKERS LOCAL UNION 32 AND EMPLOYERS BENEFITS FUND