Asbestos Workers Local No 87 (EIN 741069448) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1928

Legal Domicile

Principal Officer

Winston Miles

Phone

8306268088

Tax Period

2024-01-01 to 2024-12-31

Asbestos Workers Local No 87, founded in 1928, is a small nonprofit that reported $574K in total revenue in fiscal year 2024. Revenue surged 39% from the prior year, signaling strong growth momentum.

Mission

The objects of the organization shall be to defend by all legal and honorable means the rights of its membership, to advance their interests as workers, and to develop opportunities for employment.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $547,284

Program Service Revenue $0

Investment Income $14,277

Other Revenue $12,000

TOTAL REVENUE $573,561

Expense Breakdown

Grants Paid $0

Salaries & Benefits $226,592

Fundraising Expenses $0

Program Expenses $377,887

Other Expenses $363,221

TOTAL EXPENSES $616,298

Year-over-Year Comparison

	2024	2023	Change
Revenue	$573,561	$413,460	+0.4%
Expenses	$616,298	$600,400	+0.0%
Net Income	$-42,737	$-186,940	-0.8%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

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

$84,343

Total Directors

$145,977

Key Employees

$52,394

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Winston Miles	Business Manager	040.00	Officer Director	$80,589	$0	$80,589
Lailani Noble	Office Administrator	040.00	Director Key Emp	$52,394	$0	$52,394
Chad Davis	President	002.00	Officer Director	$3,754	$0	$3,754
Robert Martinez	Executive Board	002.00	Director	$2,120	$0	$2,120
Scott Napier	Executive Board	002.00	Director	$1,870	$0	$1,870
Brandon Davis	Executive Board	002.00	Director	$1,155	$0	$1,155
Colin Gillis	Executive Board	002.00	Director	$894	$0	$894
Duane Powers	Executive Board	002.00	Director	$708	$0	$708
Kevin Arbour	Executive Board	002.00	Director	$704	$0	$704
Angelo Busto	Executive Board	002.00	Director	$699	$0	$699
DaMario Victorian	Executive Board	002.00	Director	$327	$0	$327
Rufus Floyd	Executive Board	N/A	Director	$295	$0	$295
Ocsar Calderon	Executive Board	002.00	Director	$236	$0	$236
Michael San Miguel	Executive Board	002.00	Director	$232	$0	$232
Dominic Camacho	Recording Sec	002.00	Director	$0	$0	$0
Gabriel Vasquez	Local Trustee	002.00	Director	$0	$0	$0
Angel Ortiz	Executive Board	002.00	Director	$0	$0	$0
Michael Garcia	Executive Board	002.00	Director	$0	$0	$0
Bacilio Tijerina	Executive Board	002.00	Director	$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
2024	$573,561	$616,298	$663,085	$-42,737
2023	$413,460	$600,400	$710,623	$-186,940
2022	$1,198,810	$640,766	$902,984	$558,044
2021	$511,188	$487,520	$390,965	$23,668
2020	$250,181	$295,531	$337,009	$-45,350
2019	$348,471	$291,450	$382,544	$57,021
2018	$454,369	$316,580	$333,937	$137,789

Asbestos Workers Local No 87