BRICKLAYERS AND ALLIED CRAFT WORKERS LOCAL 1 SCHOLARSHIP AND CHARITABLE FUND (EIN 651297707) - 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

2006

Legal Domicile

Principal Officer

JACK ARGILA

Phone

7183920525

Tax Period

2024-01-01 to 2024-12-31

BRICKLAYERS AND ALLIED CRAFT WORKERS LOCAL 1 SCHOLARSHIP AND CHARITABLE FUND, founded in 2006, is a micro nonprofit in the Education sector that reported $58K in total revenue in fiscal year 2024. Expenses of $69K exceeded revenue, resulting in a 18% operating deficit.

Mission

TO PROMOTE, FOSTER & ENCOURAGE SCHOLASTIC ACHIEVEMENT, EDUCATIONAL EXCELLENCE & INTELLECTUAL ADVANCEMENT BY PROVIDING SCHOLARSHIPS TO DESERVING STUDENTS OF MEMBERS OF BRICKLAYERS & ALLIED CRAFTWORKERS LU #1 IN GOOD STANDING & TO MAKE DONATIONS TO CHARITABLE CAUSES.

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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 $58,086

Program Service Revenue $0

Investment Income $9

Other Revenue $0

TOTAL REVENUE $58,095

Expense Breakdown

Grants Paid $50,750

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $62,022

Other Expenses $18,073

TOTAL EXPENSES $68,823

Year-over-Year Comparison

	2024	2023	Change
Revenue	$58,095	$56,701	+0.0%
Expenses	$68,823	$72,999	-0.1%
Net Income	$-10,728	$-16,298	-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

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

$826,884

Total Directors

$1,452,094

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JACK ARGILA	Director/PRESID	2.00	Officer Director	$0	$144,276	$425,649
ANTHONY LACAVA	DIR/SECR-TREAS	2.00	Officer Director	$0	$139,713	$401,235
MICHAEL BARBERA	Director	1.00	Director	$0	$117,375	$312,757
LAWRENCE CROVATTO	Director	1.00	Director	$0	$117,310	$312,453
JONATHAN HOLSGROVE	Director	1.00	Director	$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	$58,095	$68,823	$33,794	$-10,728
2023	$56,701	$72,999	$36,489	$-16,298
2022	$86,758	$92,350	$50,287	$-5,592
2021	$74,771	$60,250	$26,073	$14,521
2020	$52,286	$70,741	$11,552	$-18,455
2019	$73,202	$83,200	$30,007	$-9,998
2018	$122,781	$95,663	$40,005	$27,118

BRICKLAYERS AND ALLIED CRAFT WORKERS LOCAL 1 SCHOLARSHIP AND CHARITABLE FUND