INTERNATL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL UNION 1205 (EIN 590543498) - 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

1940

Legal Domicile

Principal Officer

NELSON MATHIS JR

Phone

3523767701

Tax Period

2023-01-01 to 2023-12-31

INTERNATL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL UNION 1205, founded in 1940, is a community nonprofit that reported $1.0M in total revenue in fiscal year 2023. Expenses of $1.2M exceeded revenue, resulting in a 18% operating deficit.

Mission

ORGANIZATION OF ELECTRICIANS TO MAXIMIZE THEIR BENEFITS AND EMPLOYMENT.

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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 (2023)

Revenue Breakdown

Contributions & Grants $34,449

Program Service Revenue $971,488

Investment Income $3,771

Other Revenue $0

TOTAL REVENUE $1,009,708

Expense Breakdown

Grants Paid $15,949

Salaries & Benefits $638,186

Fundraising Expenses $0

Other Expenses $496,010

TOTAL EXPENSES $1,191,515

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,009,708	$977,290	+0.0%
Expenses	$1,191,515	$1,113,507	+0.1%
Net Income	$-181,807	$-136,217	+0.3%

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

$401,177

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NELSON MATHIS JR	FI'L SECY /	40.00	Officer	$106,133	$27,869	$134,002
JAMES INGLE	PRESIDENT /	40.00	Officer	$96,609	$26,822	$123,431
JASON FULTS	RECORDING SE	2.00	Officer	$2,058	$62	$2,120
SHAWN GRAVES	TREASURER	2.00	Officer	$1,781	$53	$1,834
TREVOR CHAPMAN	VICE PRESIDE	2.00	Officer	$5,051	$152	$5,203
DAVID DAVIS	EXECUTIVE BO	2.00	Officer	$6,290	$189	$6,479
RICHARD STARLING	EXECUTIVE BO	2.00	Officer	$96,689	$26,830	$123,519
JOHN HOLDER	EXECUTIVE BO	2.00	Officer	$1,340	$40	$1,380
WILLIAM HAINS	EXECUTIVE BO	2.00	Officer	$1,781	$53	$1,834
ANDREW SAXON	EXECUTIVE BO	2.00	Officer	$1,335	$40	$1,375

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	No data	No data	No data	No data
2023	$1,009,708	$1,191,515	$895,533	$-181,807
2022	$977,290	$1,113,507	$1,028,100	$-136,217
2021	$1,130,998	$972,432	$1,164,317	$158,566
2020	$1,157,518	$956,794	$1,005,751	$200,724
2019	$1,190,321	$954,454	$805,027	$235,867
2018	$1,033,449	$888,440	$569,160	$145,009

INTERNATL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL UNION 1205