INTERNATIONAL ASSOCIATION OF BRIDGE STRUCTURAL & ORNAMENTAL IRONWORKER LOCAL (EIN 740707436) - 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

1935

Legal Domicile

Principal Officer

ROBIN DRAKE

Phone

5123852500

Tax Period

2024-07-01 to 2025-06-30

INTERNATIONAL ASSOCIATION OF BRIDGE STRUCTURAL & ORNAMENTAL IRONWORKER LOCAL, founded in 1935, is a community nonprofit that reported $2.1M in total revenue in fiscal year 2024. Revenue fell 27% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $872K, a strong 41% operating margin.

Mission

PROMOTING EMPLOYMENT OPPORTUNITIES, FAIR WAGES, BENEFITS, AND WORKERS' RIGHTS WHILE TRAINING HIGHLY SKILLED IRONWORKERS SINCE 1935.

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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 $170,089

Program Service Revenue $1,832,886

Investment Income $101,206

Other Revenue $0

TOTAL REVENUE $2,104,181

Expense Breakdown

Grants Paid $0

Salaries & Benefits $429,219

Fundraising Expenses $0

Other Expenses $803,427

TOTAL EXPENSES $1,232,646

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,104,181	$2,865,305	-0.3%
Expenses	$1,232,646	$1,477,362	-0.2%
Net Income	$871,535	$1,387,943	-0.4%

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

$205,517

Total Directors

$90,032

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ASCENSION RODRIGUEZ	ORGANIZER EXAM CMTE EXEC CMTE	40.00	Officer Director	$90,032	$0	$90,032
ARTEMIO LOPEZ JR	VICE-PRESIDENT	10.00	Officer Director	$0	$0	$0
CHRISTIAN LAHTI	EXAM CMTE EXECUTIVE CMTE	5.00	Officer Director	$0	$0	$0
STEVEN RIVERA	EXAM CMTE EXECUTIVE CMTE	5.00	Officer Director	$0	$0	$0
CHARLES COOPER JR	TRUSTEE SGT AT ARMS	5.00	Officer Director	$0	$0	$0
JOSEPH CRISCUOLI	EXECUTIVE CMTE	5.00	Officer Director	$0	$0	$0
JASON PUCKETT	PRESIDENT	10.00	Officer Director	$0	$0	$0
ROBIN DRAKE	TREASURER/BUSINESS MANAGER	40.00	Officer	$115,485	$0	$115,485
RILEY DRAKE	RECORDING SECRETARY	10.00	Officer	$0	$0	$0

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	$2,104,181	$1,232,646	$4,873,294	$871,535
2024	$2,865,305	$1,477,362	$4,004,485	$1,387,943
2023	$1,208,938	$1,301,641	$2,615,723	$-92,703
2022	$1,708,750	$1,101,026	$2,703,947	$607,724
2021	$1,613,796	$793,472	$2,102,448	$820,324

INTERNATIONAL ASSOCIATION OF BRIDGE STRUCTURAL & ORNAMENTAL IRONWORKER LOCAL