LOCAL 305 NPMHU WELFARE BENEFIT TRUST (EIN 541363072) - Form 990 Financial Analysis & Trantor Score

🔒

Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1986

Legal Domicile

Principal Officer

Lafon Robinson

Phone

8043584664

Tax Period

2024-01-01 to 2024-12-31

LOCAL 305 NPMHU WELFARE BENEFIT TRUST, founded in 1986, is a small nonprofit in the Mutual Benefit sector that reported $442K in total revenue in fiscal year 2018. Revenue decreased 8% compared to the prior year. The organization ran a surplus of $102K, a strong 23% operating margin.

Mission

SEE PART III, LINE 1

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $261,618

Other Revenue $0

TOTAL REVENUE $261,618

Expense Breakdown

Grants Paid $0

Salaries & Benefits $20,000

Fundraising Expenses $0

Other Expenses $63,067

TOTAL EXPENSES $111,837

Year-over-Year Comparison

	2024	2023	Change
Revenue	$261,618	$171,376	+0.5%
Expenses	$111,837	$127,648	-0.1%
Net Income	$149,781	$43,728	+2.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

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

$20,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Larry Patterson	Trustee	0.50	Director	$10,000	$0	$10,000
Felandria A Jackson	Trustee	1.00	Officer Director	$0	$0	$0
Lafon Robinson	Trustee	1.00	Officer Director	$0	$0	$0
Dwight Burnside	Trustee	1.00	Director	$10,000	$0	$10,000
Demetria Spratley	Trustee	1.00	Officer 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
2024	$261,618	$111,837	$8,297,652	$149,781
2023	$171,376	$127,648	$7,389,651	$43,728
2022	$111,711	$143,818	$6,334,366	$-32,107
2021	$377,639	$182,617	$7,935,682	$195,022
2020	$-74,659	$139,394	$7,165,755	$-214,053
2019	$416,223	$186,363	$6,633,786	$229,860
2018	$442,274	$340,632	$5,645,970	$101,642

LOCAL 305 NPMHU WELFARE BENEFIT TRUST