INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS #1701 (EIN 610459923) - 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

1951

Legal Domicile

Principal Officer

RYAN HAYDEN

Phone

2706843058

Tax Period

2023-07-01 to 2024-06-30

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS #1701, founded in 1951, is a small nonprofit that reported $957K in total revenue in fiscal year 2023. Revenue surged 21% from the prior year, signaling strong growth momentum. Expenses of $829K left a modest 13% surplus.

Mission

THE INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL UNION #1701 WAS ORGANIZED FOR THE PURPOSE OF IMPROVING MEMBER'S WORKING CONDITIONS, SEEKING A HIGHER STANDARD OF LIVING FOR THEM AND IMPROVING THEIR TRADE SKILLS.

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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 $898,762

Program Service Revenue $0

Investment Income $48

Other Revenue $57,874

TOTAL REVENUE $956,684

Expense Breakdown

Grants Paid $0

Salaries & Benefits $365,077

Fundraising Expenses $0

Program Expenses $676,199

Other Expenses $464,420

TOTAL EXPENSES $829,497

Year-over-Year Comparison

	2023	2022	Change
Revenue	$956,684	$791,747	+0.2%
Expenses	$829,497	$691,855	+0.2%
Net Income	$127,187	$99,892	+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

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

$112,694

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CODY MORRIS	BOARD MEMBER	2.00	Director	$0	$0	$0
JOSHUA CRAVENS	BOARD MEMBER	2.00	Director	$0	$0	$0
CHRIS HAYNES	BOARD MEMBER	2.00	Director	$0	$0	$0
ZACK SPARKS	BOARD MEMBER	2.00	Director	$0	$0	$0
SCOTT COLEMAN	BOARD MEMBER	2.00	Director	$0	$0	$0
DARREN STANLEY	CHAIRMAN	2.00	Director	$0	$0	$0
TIMOTHY G THERBER	PRESIDENT	2.00	Officer	$0	$0	$0
RYAN M HAYDEN	BUSINESS MANAGER	40.00	Officer	$111,626	$0	$111,626
JONATHAN T NUGENT	VICE PRESIDENT	2.00	Officer	$356	$0	$356
RONALD SCHWARTZTRAUBER	TREASURER	2.00	Officer	$712	$0	$712
BEN HOWARD	RECORDING SECRETARY	2.00	Officer	$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
2025	No data	No data	No data	No data
2024	$956,684	$829,497	$985,834	$127,187
2023	$791,747	$691,855	$858,629	$99,892
2022	$631,442	$680,373	$764,679	$-48,931
2021	$572,259	$669,515	$813,837	$-97,256
2020	$647,204	$660,015	$910,837	$-12,811
2019	$653,539	$863,367	$924,503	$-209,828
2018	$775,325	$808,449	$1,133,058	$-33,124

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS #1701