INTERNATIONAL BROTHERHOOD OF 0199 LOCAL (EIN 590769520) - 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

1948

Legal Domicile

Principal Officer

MICHAEL K THAYER

Tax Period

2020-01-01 to 2020-12-31

INTERNATIONAL BROTHERHOOD OF 0199 LOCAL, founded in 1948, is a small nonprofit that reported $210K in total revenue in fiscal year 2020. Revenue decreased 19% compared to the prior year. Expenses of $262K exceeded revenue, resulting in a 25% operating deficit.

Mission

ORGANIZE WORKERS IN THE ENTIRE ELECTRICAL INDUSTRY IN THE UNITED STATES, INCLUDING ALL THOSE IN PUBLIC UTILITIES AND ELECTRICAL MANUFACTURING, INTO LOCAL UNIONS; PROMOTE REASONABLE METHODS OF WORK, CULTIVATE FEELINGS OF FRIENDSHIP AMONG THOSE OF OUR INDUSTRY, SETTLE DISPUTES.

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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 (2020)

Revenue Breakdown

Contributions & Grants $210,106

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $210,106

Expense Breakdown

Grants Paid $0

Salaries & Benefits $137,938

Fundraising Expenses $0

Program Expenses $162,695

Other Expenses $123,578

TOTAL EXPENSES $261,621

Year-over-Year Comparison

	2020	2019	Change
Revenue	$210,106	$260,473	-0.2%
Expenses	$261,621	$314,372	-0.2%
Net Income	$-51,515	$-53,899	0.0%

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

$10,905

Total Directors

$64,735

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RICHARD CRADDOCK	BUSINESS MANAGER	40.00	Director	$46,162	$0	$46,162
EDWIN K NICHOLSON	BUSINESS MANAGER	40.00	Director	$18,573	$0	$18,573
MICHAEL K THAYER	PRESIDENT	20.00	Officer	$7,970	$0	$7,970
BUFFI SINGLETARY	TREASURER	20.00	Officer	$2,394	$0	$2,394
CHAD WELLMAN	RECORDING SECRETARY	1.00	Officer	$293	$0	$293
GREGORY RISON	VICE PRESIDENT	0.50	Officer	$248	$0	$248

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
2020	$210,106	$261,621	$306,524	$-51,515
2019	$260,473	$314,372	$357,869	$-53,899
2018	$299,667	$327,023	$411,815	$-27,356

INTERNATIONAL BROTHERHOOD OF 0199 LOCAL