International Brotherhood of Electrical Workers 0738 Local Union (EIN 756036530) - 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

1937

Legal Domicile

Phone

9037537646

Tax Period

2023-01-01 to 2023-12-31

International Brotherhood of Electrical Workers 0738 Local Union, founded in 1937, is a small nonprofit that reported $355K in total revenue in fiscal year 2023. Revenue surged 27% from the prior year, signaling strong growth momentum. Expenses of $343K left a modest 4% surplus.

Mission

Local Labor Union Representing Members of the International Brotherhood of Electrical Workers.

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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 $322,127

Investment Income $4,480

Other Revenue $28,693

TOTAL REVENUE $355,300

Expense Breakdown

Grants Paid $0

Salaries & Benefits $178,752

Fundraising Expenses $0

Program Expenses $200,877

Other Expenses $163,864

TOTAL EXPENSES $342,616

Year-over-Year Comparison

	2023	2022	Change
Revenue	$355,300	$279,064	+0.3%
Expenses	$342,616	$332,611	+0.0%
Net Income	$12,684	$-53,547	-1.2%

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

$129,651

Total Directors

$560

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Timothy J Burrow	Bus Mgr-Fin Sec	40.00	Officer	$100,425	$0	$100,425
Michael W Henry	President	10.00	Officer	$28,506	$0	$28,506
Daniel A Dunnavant	Treasurer	1.00	Officer	$720	$0	$720
Ronald L Goen	Executive Board	1.00	Director	$245	$0	$245
Randy Caver	Executive Board	1.00	Director	$105	$0	$105
Ryan Hall	Executive Board	1.00	Director	$105	$0	$105
Beau Watts	Executive Board	1.00	Director	$105	$0	$105
Jonathan Brooks	Executive Board	1.00	Director	$0	$0	$0
Robert Rhodes	Executive Board	1.00	Director	$0	$0	$0
James E Morrow	Executive Board	1.00	Director	$0	$0	$0
Rick White	Executive Board	1.00	Director	$0	$0	$0
Kevin Greene	Executive Board	1.00	Director	$0	$0	$0
Charles Hagar	Recording Sec	1.00	Officer	$0	$0	$0
Kenneth C Bates	Vice President	1.00	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
2024	No data	No data	No data	No data
2023	$355,300	$342,616	$83,248	$12,684
2022	$279,064	$332,611	$72,297	$-53,547
2021	$232,751	$307,757	$125,746	$-75,006
2020	$286,323	$300,463	$201,173	$-14,140
2019	$286,135	$355,249	$215,011	$-69,114
2018	$275,709	$312,747	$283,749	$-37,038

International Brotherhood of Electrical Workers 0738 Local Union