FLORIDA RURAL LETTER CARRIERS ASSN (EIN 591815040) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1940

Legal Domicile

Principal Officer

WILLIAM BRADDICK

Phone

8636120332

Tax Period

2024-07-01 to 2025-06-30

FLORIDA RURAL LETTER CARRIERS ASSN, founded in 1940, is a small nonprofit that reported $849K in total revenue in fiscal year 2024. Expenses of $740K left a modest 13% surplus.

Mission

THE FL RURAL LETTER CARRIERS ASSN SHALL BE A UNION TO STUDY AND ADVISE THE NATIONAL RURAL LETTER CARRIERS ASSN ON ALL MATTERS WE DEEM TO BE IN THE BEST INTEREST OF RURAL LETTER CARRIERS, TO COOPERATE WITH THE U.S. POSTAL SERVICE AND THE PUBLIC FOR THE GOOD OF THE SERVICE, TO PROMOTE A FRATERNAL SPIRIT AMONG ITS MEMBERS, AND TO BENEFIT THEIR CONDITIONS OF LABOR.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $815,545

Investment Income $32,920

Other Revenue $58

TOTAL REVENUE $848,523

Expense Breakdown

Grants Paid $0

Salaries & Benefits $209,437

Fundraising Expenses $0

Other Expenses $530,740

TOTAL EXPENSES $740,177

Year-over-Year Comparison

	2024	2023	Change
Revenue	$848,523	$849,188	0.0%
Expenses	$740,177	$749,650	0.0%
Net Income	$108,346	$99,538	+0.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$116,370

Total Directors

$24,012

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JUNE KENNEDY	SEC/TREAS.	40.00	Officer	$84,816	$0	$84,816
WILLIAM BRADDICK	PRESIDENT	10.00	Officer	$23,071	$0	$23,071
DOROTHY KELLY	VICE PRESIDE	5.00	Officer	$8,483	$0	$8,483
MARY BETH LIBELL	EXECUTIVE CO	5.00	Director	$6,009	$0	$6,009
STEPHAN BUTTERWORTH	EDITOR	5.00	Director	$5,288	$0	$5,288
CHARLES JOSEPH JR	EXECUTIVE CO	5.00	Director	$4,923	$0	$4,923
PETE DEGELLEKE	EXECUTIVE CO	5.00	Director	$4,232	$0	$4,232
THEODORE FAISON	EXECUTIVE CO	5.00	Director	$3,560	$0	$3,560

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	$848,523	$740,177	$1,681,933	$108,346
2024	$849,188	$749,650	$1,593,508	$99,538
2023	$765,379	$704,737	$1,470,428	$60,642
2022	$729,917	$476,274	$1,411,303	$253,643
2021	$714,173	$239,883	$1,160,241	$474,290
2020	$718,028	$458,792	$679,914	$259,236
2019	$699,715	$662,251	$419,872	$37,464

FLORIDA RURAL LETTER CARRIERS ASSN