COMMUNICATIONS WORKERS OF AMERICA LOCAL 3403 (EIN 720442186) - 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

1950

Legal Domicile

Phone

2259281110

Tax Period

2024-10-01 to 2025-09-30

COMMUNICATIONS WORKERS OF AMERICA LOCAL 3403, founded in 1950, is a small nonprofit that reported $239K in total revenue in fiscal year 2024. Revenue fell 68% from the prior year — a significant decline worth monitoring. Expenses of $585K exceeded revenue, resulting in a 144% operating deficit.

Mission

LABOR UNION ORGANIZATION DEVOTED TO INSURING MEMBER SAFTEY, CONTRACT NEGOTIATION FOR WAGES, WORKING CONDITION BENEFITS, ETC.

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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 $0

Program Service Revenue $239,269

Investment Income $0

Other Revenue $0

TOTAL REVENUE $239,269

Expense Breakdown

Grants Paid $0

Salaries & Benefits $172,187

Fundraising Expenses $0

Other Expenses $412,362

TOTAL EXPENSES $584,549

Year-over-Year Comparison

	2024	2023	Change
Revenue	$239,269	$751,580	-0.7%
Expenses	$584,549	$570,391	+0.0%
Net Income	$-345,280	$181,189	-2.9%

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

N/A

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

$37,191

Total Directors

$114,369

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LYNDELL HENDERSON	President	10.00	Director	$64,684	$0	$64,684
BRANDI MICHELLI	Vice President	10.00	Director	$46,618	$0	$46,618
MICHAEL RICHE	Secretary	10.00	Officer	$37,191	$0	$37,191
FRANK MCCAULEY	Trustee	1.00		$4,033	$0	$4,033
DARIA MOORE	Trustee	1.00	Director	$3,067	$0	$3,067

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	$239,269	$584,549	$603,732	$-345,280
2024	$751,580	$570,391	$913,389	$181,189
2023	$192,680	$212,964	$560,021	$-20,284
2022	$195,288	$172,578	$518,507	$22,710
2021	$211,780	$244,406	$347,279	$-32,626
2020	$203,983	$244,455	$536,734	$-40,472
2019	$299,580	$335,625	$504,766	$-36,045

COMMUNICATIONS WORKERS OF AMERICA LOCAL 3403