COMMUNICATIONS WORKERS OF AMERICA LOCAL 3406 (EIN 720496970) - 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

1986

Legal Domicile

Phone

3372332847

Tax Period

2023-10-01 to 2024-09-30

COMMUNICATIONS WORKERS OF AMERICA LOCAL 3406, founded in 1986, is a small nonprofit in the Employment sector that reported $301K in total revenue in fiscal year 2023. Revenue surged 127% from the prior year, signaling strong growth momentum. The organization ran a surplus of $82K, a strong 27% operating margin.

Mission

To unite the workers in its jurisdiction into a single cohesive unit regardless of race, creed, sex, or natural origin & to protect & extend our democratic institution, civil rights, and liberties.

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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 $0

Program Service Revenue $118,401

Investment Income $12

Other Revenue $182,353

TOTAL REVENUE $300,766

Expense Breakdown

Grants Paid $0

Salaries & Benefits $96,961

Fundraising Expenses $0

Other Expenses $121,836

TOTAL EXPENSES $218,797

Year-over-Year Comparison

	2023	2022	Change
Revenue	$300,766	$132,735	+1.3%
Expenses	$218,797	$137,491	+0.6%
Net Income	$81,969	$-4,756	-18.2%

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

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

$72,537

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Tammy M Harmon	President	29	Officer	$32,587	$0	$32,587
Vernell M Gardner	Secretary/Treasurer	20	Officer	$13,976	$0	$13,976
Nicholas Degueyter	Vice President	8	Officer	$13,400	$0	$13,400
Georianna Amos	Eboard Officer	8	Officer	$5,197	$0	$5,197
Rynette P Calais	Eboard Officer	3	Officer	$2,467	$0	$2,467
Mary Davis	Eboard Officer	2	Officer	$1,234	$0	$1,234
Bobby R Beller	Eboard Officer	2	Officer	$1,673	$0	$1,673
Reggie A Breaux	Eboard Officer	2	Officer	$662	$0	$662
Troy Leblanc	Eboard Officer	2	Officer	$1,341	$0	$1,341

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	$300,766	$218,797	$239,749	$81,969
2023	$132,835	$137,491	$144,738	$-4,656
2022	$132,067	$150,501	$149,331	$-18,434
2021	$134,836	$130,533	$168,004	$4,303
2020	$143,476	$131,724	$163,497	$11,752

COMMUNICATIONS WORKERS OF AMERICA LOCAL 3406