INTERNATIONAL BROTHERHOOD OF TEAMSTERS LOCAL 523 (EIN 730243029) - 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

1940

Legal Domicile

Principal Officer

MIKE MCELMURY

Tax Period

2018-01-01 to 2018-12-31

INTERNATIONAL BROTHERHOOD OF TEAMSTERS LOCAL 523, founded in 1940, is a small nonprofit that reported $259K in total revenue in fiscal year 2018. Revenue decreased 5% compared to the prior year. Expenses of $314K exceeded revenue, resulting in a 21% operating deficit.

Mission

PROMOTE FAIR LABOR PRACTICES.

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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 (2018)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $257,103

Investment Income $907

Other Revenue $1,419

TOTAL REVENUE $259,429

Expense Breakdown

Grants Paid $0

Salaries & Benefits $109,323

Fundraising Expenses $0

Program Expenses $313,745

Other Expenses $101,236

TOTAL EXPENSES $313,745

Year-over-Year Comparison

	2018	2017	Change
Revenue	$259,429	$273,760	-0.1%
Expenses	$313,745	$309,116	+0.0%
Net Income	$-54,316	$-35,356	+0.5%

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

$40,069

Total Directors

$4,527

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBERT C IVERY	TRUSTEE	1.00	Director	$2,455	$0	$2,455
MICHAEL R BRIGHT	TRUSTEE	1.00	Director	$1,477	$0	$1,477
DANNY POTTER	TRUSTEE	1.00	Director	$595	$0	$595
MIKE MCELMURY	TRUSTEE	1.00	Director	$0	$0	$0
GARY KETCHUM	PRESIDENT	40.00	Officer	$38,284	$0	$38,284
DANNY BOYCE	RECORDING SE	1.00	Officer	$595	$0	$595
KENNETH L MAYES	SECRETARY-TR	1.00	Officer	$595	$0	$595
RICHARD L KEETER	VICE PRESIDE	1.00	Officer	$595	$0	$595

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
2018	$259,429	$313,745	$498,330	$-54,316

INTERNATIONAL BROTHERHOOD OF TEAMSTERS LOCAL 523