THE NORTHERN VIRGINIA LOCAL THE AM… - 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

1974

Legal Domicile

Phone

7032566947

Tax Period

2024-07-01 to 2025-06-30

THE NORTHERN VIRGINIA LOCAL THE AMERICAN POSTAL WORKERS UNION, founded in 1974, is a small nonprofit that reported $478K in total revenue in fiscal year 2024. The organization ran a surplus of $137K, a strong 29% operating margin.

Mission

THE ORGANIZATION PROVIDES GRIEVANCE PROCESSING, WAGE NEGOTIATION AND TRAINING SERVICES TO ITS MEMBERS.

Program Service Accomplishments

Program 1

SECURING BETTER WORKING CONDITIONS AND A BETTER STANDARD OF LIVING FOR MEMBERS OF THE US POSTAL SERVICE AND THEIR FAMILIES, THROUGH GRIEVANCE PROCESSING, WAGE NEGOTIATION AND TRAINING SERVICES TO...

SECURING BETTER WORKING CONDITIONS AND A BETTER STANDARD OF LIVING FOR MEMBERS OF THE US POSTAL SERVICE AND THEIR FAMILIES, THROUGH GRIEVANCE PROCESSING, WAGE NEGOTIATION AND TRAINING SERVICES TO 1039 MEMBERS OF THE LOCAL UNION.

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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 $452,812

Program Service Revenue $0

Investment Income $0

Other Revenue $24,957

TOTAL REVENUE $477,769

Expense Breakdown

Grants Paid $3,000

Salaries & Benefits $195,266

Fundraising Expenses $0

Other Expenses $142,231

TOTAL EXPENSES $340,497

Year-over-Year Comparison

	2024	2023	Change
Revenue	$477,769	$457,516	+0.0%
Expenses	$340,497	$392,642	-0.1%
Net Income	$137,272	$64,874	+1.1%

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

$139,608

Total Directors

$167,546

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RICK POWERS	President	20.00	Officer Director	$45,345	$0	$45,345
RODNEY JONES	DIR INDUSTY REL	20.00	Officer Director	$44,014	$0	$44,014
ROBIN CHAMBERS	SEC-TREAS	20.00	Officer Director	$31,666	$0	$31,666
DAVE COVVARUBIAS	Vice President	20.00	Officer Director	$18,583	$0	$18,583
JAMES BUSHROD	Director	2.00	Director	$10,776	$0	$10,776
MICHAEL SHAW	Director	2.00	Director	$5,807	$0	$5,807
AMANDA MAINOR	Director	2.00	Director	$3,974	$0	$3,974
KERWIN STEVENSON Sr	Director	2.00	Director	$3,343	$0	$3,343
SYLVIA WASHINGTON	Director	2.00	Director	$2,188	$0	$2,188
LLOYD STRICKLAND	Director	2.00	Director	$1,650	$0	$1,650
THU NGUYEN	Director	2.00	Director	$100	$0	$100
KHURSHID MALIK	Director	2.00	Director	$100	$0	$100

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
2025	$477,769	$340,497	$1,442,372	$137,272
2024	$457,516	$392,642	$1,298,667	$64,874
2023	$442,881	$347,936	$1,236,278	$94,945
2022	$437,529	$338,843	$1,150,370	$98,686
2021	$405,044	$330,567	$1,037,118	$74,477
2020	$371,281	$351,657	$962,121	$19,624
2019	$401,723	$340,434	$933,383	$61,289

THE NORTHERN VIRGINIA LOCAL THE AMERICAN POSTAL WORKERS UNION