INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS - LOCAL 295 (EIN 710212076) - Form 990 Financial Analysis & Trantor Score

🔒

Tuckman-Chang Vulnerability Assessment

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

1916

Legal Domicile

Principal Officer

WILLIAM FRENCH

Phone

5015622244

Tax Period

2024-01-01 to 2024-12-31

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS - LOCAL 295, founded in 1916, is a small nonprofit that reported $576K in total revenue in fiscal year 2018. Revenue fell 23% from the prior year — a significant decline worth monitoring. Net assets of $1.6M represent 34 months of operating reserves.

Mission

PROVIDING LABOR REPRESENTATION AND EMPLOYMENT SEARCH OPPORTUNITIES FOR THE ORGANIZATION'S MEMBERS.

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $622,698

Investment Income $48,737

Other Revenue $66,959

TOTAL REVENUE $738,394

Expense Breakdown

Grants Paid $0

Salaries & Benefits $371,292

Fundraising Expenses $0

Other Expenses $433,459

TOTAL EXPENSES $804,751

Year-over-Year Comparison

	2024	2023	Change
Revenue	$738,394	$1,147,097	-0.4%
Expenses	$804,751	$700,657	+0.1%
Net Income	$-66,357	$446,440	-1.1%

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

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

$122,892

Total Directors

$122,892

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILLIAM FRENCH	BUSINESS MAN	40.00	Officer Director	$85,167	$37,725	$122,892
BRIAN HENDRIX	PRESIDENT	1.00	Director	$0	$0	$0
KENNETH TURNEY	VICE-PRESIDE	1.00	Director	$0	$0	$0
JOHNNY HENDRICKSON	EXECUTIVE BO	1.00	Director	$0	$0	$0
MICHAEL OULCH	EXECUTIVE BO	1.00	Director	$0	$0	$0
JOE RABORN	EXECUTIVE BO	1.00	Director	$0	$0	$0
WAYNE RABORN	EXECUTIVE BO	1.00	Director	$0	$0	$0
JACKIE MCGARVEY	EXECUTIVE BO	1.00	Director	$0	$0	$0
ANDREW BURKS	EXECUTIVE BO	1.00	Director	$0	$0	$0
BRANDON RIDDELS	EXECUTIVE BO	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
2025	No data	No data	No data	No data
2024	$738,394	$804,751	$2,669,208	$-66,357
2023	$1,147,097	$700,657	$2,738,676	$446,440
2022	$790,648	$666,506	$2,293,071	$124,142
2021	$985,252	$605,026	$2,167,887	$380,226
2020	$753,309	$577,327	$1,787,418	$175,982
2019	$562,615	$564,184	$1,608,519	$-1,569
2018	$576,433	$627,883	$1,610,992	$-51,450

INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS - LOCAL 295