INTERNATIONAL ASSOCIATION OF MACHINISTS & AEROSPACE WORKERS (EIN 626047157) - 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

1939

Legal Domicile

Tax Period

2024-01-01 to 2024-12-31

INTERNATIONAL ASSOCIATION OF MACHINISTS & AEROSPACE WORKERS, founded in 1939, is a small nonprofit that reported $200K in total revenue in fiscal year 2024. Revenue decreased 19% compared to the prior year. Expenses of $246K exceeded revenue, resulting in a 23% operating deficit.

Mission

For the betterment of wages and working conditions of the members

🔒

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 $199,016

Program Service Revenue $0

Investment Income $505

Other Revenue $904

TOTAL REVENUE $200,425

Expense Breakdown

Grants Paid $0

Salaries & Benefits $62,321

Fundraising Expenses $0

Program Expenses $244,501

Other Expenses $183,203

TOTAL EXPENSES $245,524

Year-over-Year Comparison

	2024	2023	Change
Revenue	$200,425	$245,993	-0.2%
Expenses	$245,524	$218,051	+0.1%
Net Income	$-45,099	$27,942	-2.6%

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

175

Independent Members

175

Employees

N/A

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

$4,161

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Mike Lewis	President	1.00	Officer	$600	$0	$600
Brad Sands	Recording Secretary	2.00	Officer	$600	$0	$600
Fred Cunninham III	Secretary-Treasurer	2.00	Officer	$600	$0	$600
Michael Light	Sentinel	1.00	Officer	$2,361	$0	$2,361
Tony Workman	Trustee	1.00	Officer	$0	$0	$0
Brandon Lee	Trustee	1.00	Officer	$0	$0	$0
Brian Carlisle	Trustee	1.00	Officer	$0	$0	$0
Phil Whitcher	Vice President	1.00	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
2024	$200,425	$245,524	$205,462	$-45,099
2023	$245,993	$218,051	$250,561	$27,942

INTERNATIONAL ASSOCIATION OF MACHINISTS & AEROSPACE WORKERS