Intl Union of Operating Engineers Local 407 (EIN 720368237) - 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

1945

Legal Domicile

Tax Period

2023-09-01 to 2024-08-31

Intl Union of Operating Engineers Local 407, founded in 1945, is a community nonprofit that reported $1.3M in total revenue in fiscal year 2023. Revenue grew 8% year-over-year, indicating healthy expansion. The organization ran a surplus of $379K, a strong 29% operating margin.

Mission

Betterment of Working Conditions

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,086,855

Program Service Revenue $0

Investment Income $200,104

Other Revenue $0

TOTAL REVENUE $1,286,959

Expense Breakdown

Grants Paid $0

Salaries & Benefits $484,394

Fundraising Expenses $0

Program Expenses $907,584

Other Expenses $423,190

TOTAL EXPENSES $907,584

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,286,959	$1,191,128	+0.1%
Expenses	$907,584	$1,088,292	-0.2%
Net Income	$379,375	$102,836	+2.7%

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

1173

Independent Members

1173

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

$154,122

Total Directors

$141,611

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
Todd Montie	Bus MgrFin Sec	Officer	$142,895	$0	$142,895
Sarah Sterns	Bus AgentGuard	Director	$141,611	$0	$141,611
Troy Renard	President	Officer	$3,958	$0	$3,958
Aaron Champagne	Treasurer	Officer	$3,250	$0	$3,250
Maurice Wimberley	Vice President	Officer	$2,984	$0	$2,984
Adam Hymel	Conductor	Officer	$1,035	$0	$1,035

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	$1,286,959	$907,584	$1,548,291	$379,375
2023	$1,191,128	$1,088,292	$1,183,073	$102,836
2022	$1,015,050	$1,105,878	$1,059,771	$-90,828
2021	$1,355,990	$1,109,772	$1,200,546	$246,218
2020	$1,075,171	$1,026,563	$912,875	$48,608
2019	$1,020,187	$946,745	$824,490	$73,442
2018	$950,463	$890,485	$787,882	$59,978

Intl Union of Operating Engineers Local 407