AFGE 507

EIN: 651084356

West Palm Beach, FL

Total Revenue
$791,364
Total Expenses
$909,086
Total Assets
$632,718
Net Assets
$632,718
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1932
Legal Domicile
FL
Principal Officer
Cynthia BostonThompson
Phone
4073165448
Tax Period
2024-01-01 to 2024-12-31

AFGE 507, founded in 1932, is a small nonprofit that reported $791K in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $909K exceeded revenue, resulting in a 15% operating deficit.

Mission

To provide labor related representation to the Federal Employees

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $788,683
Program Service Revenue $2,681
Investment Income $0
Other Revenue $0
TOTAL REVENUE $791,364

Expense Breakdown

Grants Paid $0
Salaries & Benefits $55,324
Fundraising Expenses $0
Program Expenses $895,256
Other Expenses $853,762
TOTAL EXPENSES $909,086

Year-over-Year Comparison

2024 2023 Change
Revenue $791,364 $718,699 +0.1%
Expenses $909,086 $833,397 +0.1%
Net Income $-117,722 $-114,698 +0.0%
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

Sign In

Governance

Voting Members
5
Independent Members
5
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
6
$44,950
Total Directors
3
$21,750
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Cynthia Boston-Thompson President 0.00
Officer
$14,450 $0 $14,450
Donna Pixley Executive Vice President 0.00
Officer Director
$12,000 $0 $12,000
Anne Rodado Treasurer 0.00
Officer
$9,050 $0 $9,050
Norbert Fabry Vice President 0.00
Officer
$8,450 $0 $8,450
Charles Tribble Steward 0.00
Director
$8,400 $0 $8,400
Edwin Londano Steward 0.00
Director
$1,350 $0 $1,350
Hutchins Takia Treasurer 0.00
Officer
$1,000 $0 $1,000
Stephanie Duncan Vice President 0.00
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 $791,364 $909,086 $632,718 $-117,722
2023 $718,699 $833,397 $750,440 $-114,698
2022 $786,662 $725,179 $864,297 $61,483
2021 $764,704 $505,116 $802,814 $259,588
2020 $785,334 $619,428 $541,024 $165,906
2019 $768,542 $604,345 $387,868 $164,197
Explore More Nonprofits
Top 100 Nonprofits in Florida Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare AFGE 507 with other nonprofits in Florida and across the country.