INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL UNION 934 (EIN 620120968) - 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

1936

Legal Domicile

Principal Officer

ROGER D FARMER

Phone

4233235411

Tax Period

2024-07-01 to 2025-06-30

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL UNION 934, founded in 1936, is a small nonprofit that reported $891K in total revenue in fiscal year 2024. Revenue surged 65% from the prior year, signaling strong growth momentum. The organization ran a surplus of $415K, a strong 47% operating margin.

Mission

TO ENSURE THAT EVERY WORKER'S VOICE IS HEARD, THAT THE RIGHT TO HAVING THEIR VOICE HEARD IS NOT LIMITED BY RACE, ETHNICITY, GENDER, CLASS, OR RELIGION, AND TO NOT QUIT OR LEAVE BEHIND A FELLOW EMPLOYEE IN OUR EFFORTS TO BARGAIN FOR TRANSPARENCY, JOB SECURITY, AND WAGES.

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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 $212,740

Program Service Revenue $636,251

Investment Income $39,559

Other Revenue $2,668

TOTAL REVENUE $891,218

Expense Breakdown

Grants Paid $0

Salaries & Benefits $201,780

Fundraising Expenses $0

Program Expenses $371,848

Other Expenses $274,868

TOTAL EXPENSES $476,648

Year-over-Year Comparison

	2024	2023	Change
Revenue	$891,218	$539,977	+0.7%
Expenses	$476,648	$475,292	+0.0%
Net Income	$414,570	$64,685	+5.4%

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

$80,133

Total Directors

$80,133

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DONALD LOWERY	EXECUTIVE BOARD	1.00	Director	$0	$0	$0
CHARLES HATFIELD	EXECUTIVE BOARD	1.00	Director	$0	$0	$0
JONATHAN VANBREMEN	EXECUTIVE BOARD	1.00	Director	$0	$0	$0
CLIFTON PETERSON	EXECUTIVE BOARD	1.00	Director	$0	$0	$0
BRANDON HALE	EXECUTIVE BOARD	1.00	Director	$0	$0	$0
TARA FORTSCHNEIDER	EXECUTIVE BOARD	1.00	Director	$0	$0	$0
KELLY BUSHONG	EXECUTIVE BOARD	1.00	Director	$0	$0	$0
MATTHEW VASSEK III	TREASURER	1.00	Officer Director	$0	$0	$0
CHRISTY BRADY	RECORDING SECRETARY	1.00	Officer Director	$0	$0	$0
CHRISTOPHER LOWERY	PRESIDENT	1.00	Officer Director	$0	$0	$0
ROGER FARMER	BUSINESS MANAGER/FINANCIAL	40.00	Officer Director	$80,133	$0	$80,133

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	$891,218	$476,648	$1,207,527	$414,570
2024	$539,977	$475,292	$794,139	$64,685
2022	$403,769	$383,885	$565,590	$19,884
2021	$289,249	$377,424	$546,070	$-88,175
2021	$289,005	$410,198	$532,122	$-121,193
2020	$510,137	$463,623	$620,419	$46,514
2019	$611,702	$483,663	$587,213	$128,039

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS LOCAL UNION 934