COMMUNICATION WORKERS OF AMERICA LOCAL 3218 (EIN 580807465) - 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

1973

Legal Domicile

Principal Officer

Rob Tucker

Phone

7704279401

Tax Period

2024-10-01 to 2025-09-30

COMMUNICATION WORKERS OF AMERICA LOCAL 3218, founded in 1973, is a small nonprofit that reported $212K in total revenue in fiscal year 2024. Revenue fell 75% from the prior year — a significant decline worth monitoring. Expenses of $600K exceeded revenue, resulting in a 183% operating deficit.

Mission

Promote social/economic justice through collective bargaining, meetings, education, communication, organizing, community action, administration, maintenance of property/assets, delivery of benefits to represented mbrs, fraternal & social activities & activities which further common interests of the mbrship.

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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 $0

Program Service Revenue $179,109

Investment Income $383

Other Revenue $32,473

TOTAL REVENUE $211,965

Expense Breakdown

Grants Paid $500

Salaries & Benefits $162,358

Fundraising Expenses $0

Program Expenses $0

Other Expenses $437,004

TOTAL EXPENSES $599,862

Year-over-Year Comparison

	2024	2023	Change
Revenue	$211,965	$845,157	-0.7%
Expenses	$599,862	$530,374	+0.1%
Net Income	$-387,897	$314,783	-2.2%

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

N/A

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

$143,444

Total Directors

$143,444

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Robert Tucker	President	24	Officer Director	$57,944	$0	$57,944
Clayton M Chapman	VP	20	Officer Director	$46,577	$0	$46,577
Michael C Tharp	Chief Steward	8	Officer Director	$16,168	$0	$16,168
Joshua K Lade	Secretary/Treasurer	8	Officer Director	$22,755	$0	$22,755

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	$211,965	$599,862	$331,341	$-387,897
2024	$845,157	$530,374	$729,043	$314,783
2023	$201,662	$223,861	$398,110	$-22,199
2022	$212,692	$208,837	$421,664	$3,855
2021	$261,634	$192,097	$417,619	$69,537
2020	$200,123	$191,233	$347,540	$8,890
2019	$254,909	$289,927	$339,248	$-35,018

COMMUNICATION WORKERS OF AMERICA LOCAL 3218