LOCAL UNION 773 LABOR MANAGEMENT FUND (EIN 883133634) - 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

2023

Legal Domicile

Principal Officer

MICHAEL JARVIS JR

Phone

5187929157

Tax Period

2024-01-01 to 2024-12-31

LOCAL UNION 773 LABOR MANAGEMENT FUND, founded in 2023, is a micro nonprofit in the Employment sector that reported $75K in total revenue in fiscal year 2024. Revenue fell 65% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $48K, a strong 64% operating margin.

Mission

TO ENGAGE IN ACTIVITIES FOR THE PURPOSE OF IMPROVING JOB SECURITY OF WORKERS REPRESENTED BY LOCAL UNION 773 AND EMPLOYED BY THE ASSOCIATION'S MEMBERS AND OTHER SIGNATORY EMPLOYERS

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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 $0

Program Service Revenue $75,090

Investment Income $0

Other Revenue $0

TOTAL REVENUE $75,090

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $7,964

Other Expenses $27,352

TOTAL EXPENSES $27,352

Year-over-Year Comparison

	2024	2023	Change
Revenue	$75,090	$216,742	-0.7%
Expenses	$27,352	$56,732	-0.5%
Net Income	$47,738	$160,010	-0.7%

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

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

$246,600

Total Directors

$246,600

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL JARVIS	TRUSTEE	1.00	Officer Director	$0	$114,100	$246,600
CARLTON SMITH	TRUSTEE	1.00	Officer Director	$0	$0	$0
MIKE SALERNO	TRUSTEE	1.00	Officer Director	$0	$0	$0
DAN KEATING	CONTRACTOR TRUSTEE	1.00	Officer Director	$0	$0	$0
JOE COLLIER	CONTRACTOR TRUSTEE	1.00	Officer Director	$0	$0	$0
NELSON CHARRON	CONTRACTOR TRUSTEE	1.00	Officer 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	$75,090	$27,352	$207,748	$47,738
2023	$216,742	$56,732	$160,010	$160,010

LOCAL UNION 773 LABOR MANAGEMENT FUND