NATIONAL ASSOCIATION OF LETTER CARRIER BRANCH 124 (EIN 726034482) - 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

2008

Legal Domicile

Principal Officer

MICHAEL H ALEXANDER

Phone

5042836252

Tax Period

2024-01-01 to 2024-12-31

NATIONAL ASSOCIATION OF LETTER CARRIER BRANCH 124, founded in 2008, is a small nonprofit that reported $638K in total revenue in fiscal year 2024. Revenue surged 90% from the prior year, signaling strong growth momentum. Expenses of $599K left a modest 6% surplus.

Mission

TO PROMOTE THE INTEREST OF MEMBERS OF THE NATIONAL ASSOCIATION OF LETTER CARRIERS BRANCH 124 AS IT RELATES TO EMPLOYMENT ISSUES

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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 $286,908

Program Service Revenue $0

Investment Income $3,931

Other Revenue $347,115

TOTAL REVENUE $637,954

Expense Breakdown

Grants Paid $7,916

Salaries & Benefits $235,563

Fundraising Expenses $0

Program Expenses $598,622

Other Expenses $279,058

TOTAL EXPENSES $598,622

Year-over-Year Comparison

	2024	2023	Change
Revenue	$637,954	$335,774	+0.9%
Expenses	$598,622	$396,852	+0.5%
Net Income	$39,332	$-61,078	-1.6%

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

725

Independent Members

725

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

$98,395

Total Directors

$112,571

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL H ALEXANDER	PRESIDENT	40.00	Officer Director	$83,555	$0	$83,555
STEVEN P ANCAR	TRUSTEE	2.00	Director	$9,271	$0	$9,271
TAMBERLYNN S HAWKINS	VICE PRESIDENT	20.00	Officer Director	$5,305	$0	$5,305
TROY JOSEPH	SECRETARY	20.00	Officer Director	$4,290	$0	$4,290
CYNTHIA M BARNES	FINANCIAL SECRETARY	20.00	Officer Director	$3,530	$0	$3,530
BRYON JOHNSON	TRUSTEE	20.00	Director	$3,190	$0	$3,190
WEBSTER LEWIS	SGT AT ARMS	8.00	Officer Director	$1,715	$0	$1,715
LLOYD DOUCET	TRUSTEE	20.00	Director	$1,715	$0	$1,715

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	$637,954	$598,622	$860,000	$39,332
2023	$335,774	$396,852	$725,201	$-61,078
2022	$373,883	$311,534	$799,953	$62,349
2021	$243,307	$186,413	$737,604	$56,894
2020	$272,169	$274,805	$680,710	$-2,636

NATIONAL ASSOCIATION OF LETTER CARRIER BRANCH 124