Communications Workers of America Local 6215 (EIN 750789001) - 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

1953

Legal Domicile

Principal Officer

Lamar Banks

Phone

2148266215

Tax Period

2023-10-01 to 2024-09-30

Communications Workers of America Local 6215, founded in 1953, is a community nonprofit that reported $1.5M in total revenue in fiscal year 2023. Revenue grew 17% year-over-year, indicating healthy expansion. Expenses of $1.3M left a modest 9% surplus.

Mission

Local Labor Union Representing Members of the Communications Workers of America.

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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 $875,304

Investment Income $120,651

Other Revenue $482,731

TOTAL REVENUE $1,478,686

Expense Breakdown

Grants Paid $0

Salaries & Benefits $928,060

Fundraising Expenses $0

Program Expenses $738,669

Other Expenses $411,204

TOTAL EXPENSES $1,339,264

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,478,686	$1,266,736	+0.2%
Expenses	$1,339,264	$1,424,756	-0.1%
Net Income	$139,422	$-158,020	-1.9%

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

N/A

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

$408,243

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Reginald P Small	Secretary	35.00	Officer	$106,646	$0	$106,646
David D Marshall	Executive VP	35.00	Officer	$92,561	$0	$92,561
Lamar D Banks	Treasurer	35.00	Officer	$90,721	$0	$90,721
Alexandro Doblado	Vice President	35.00	Officer	$63,797	$0	$63,797
Ronald O Swaggerty	President	35.00	Officer	$54,518	$0	$54,518
Nancy L Brown	President	35.00		$24,815	$0	$24,815
Earnest L Tilley	Executive VP	35.00		$19,487	$0	$19,487

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	$1,478,686	$1,339,264	$5,124,946	$139,422
2023	$1,266,736	$1,424,756	$5,010,311	$-158,020
2022	$1,222,766	$1,791,459	$5,114,802	$-568,693
2021	$1,303,303	$1,293,730	$5,687,894	$9,573
2020	$1,374,287	$1,322,885	$5,675,182	$51,402
2019	$1,512,421	$1,552,114	$5,600,023	$-39,693

Communications Workers of America Local 6215