AMALGAMATED TRANSIT UNION (EIN 550417110) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1940

Legal Domicile

Phone

5402043762

Tax Period

2023-01-01 to 2023-12-31

AMALGAMATED TRANSIT UNION LOCAL 1493 AFL-CIO/CLC, founded in 1940, is a small nonprofit that reported $228K in total revenue in fiscal year 2019. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $258K exceeded revenue, resulting in a 13% operating deficit.

Mission

Representing Members and promoting their occupational interest is the organization's sole purpose.

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Trantor Score

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

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $183,410

Program Service Revenue $0

Investment Income $1,336

Other Revenue $0

TOTAL REVENUE $184,746

Expense Breakdown

Grants Paid $0

Salaries & Benefits $94,043

Fundraising Expenses $0

Program Expenses $0

Other Expenses $112,969

TOTAL EXPENSES $207,012

Year-over-Year Comparison

	2023	2022	Change
Revenue	$184,746	$165,318	+0.1%
Expenses	$207,012	N/A	N/A
Net Income	$-22,266	$165,318	-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

385

Independent Members

385

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	Role	Reportable Comp	Other Comp	Total
Percival Patterson	President	Director	$0	$0	$0
Kirk S Mitchell	Vice President	Director	$0	$0	$0
Sharon Dickens	Financial Secretary	Director	$0	$0	$0
John Richards	Steward	Director	$0	$0	$0
Robin Dillon	Steward	Director	$0	$0	$0
Ronnie Goodman	Steward	Director	$0	$0	$0
Yvonne French	Steward	Director	$0	$0	$0
Annette Brooks	Stewars	Director	$0	$0	$0
Nathan Harris	Steward	Director	$0	$0	$0
Tameka Walker	Steward	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
2023	$184,746	$207,012	$141,748	$-22,266
2020	$222,525	$177,532	$248,491	$44,993
2019	$228,071	$258,468	$196,147	$-30,397

AMALGAMATED TRANSIT UNION