W Vernie Reed Memorial Fund (EIN 911094688) - 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

Principal Officer

Pamela Reed

Phone

4257413556

Tax Period

2023-11-01 to 2024-10-31

W Vernie Reed Memorial Fund is a small nonprofit that reported $346K in total revenue in fiscal year 2023. Revenue surged 79% from the prior year, signaling strong growth momentum. The organization ran a surplus of $133K, a strong 38% operating margin.

Mission

Contribute to the educational needs of members and dependents of Laborers' International Union of North 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 $320,433

Program Service Revenue $0

Investment Income $25,269

Other Revenue $0

TOTAL REVENUE $345,702

Expense Breakdown

Grants Paid $201,500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $201,500

Other Expenses $11,573

TOTAL EXPENSES $213,073

Year-over-Year Comparison

	2023	2022	Change
Revenue	$345,702	$193,581	+0.8%
Expenses	$213,073	$154,213	+0.4%
Net Income	$132,629	$39,368	+2.4%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
Robert F Abbott	Director	Director	$0	$0	$0
Pamela Reed	President	Officer Director	$0	$0	$0
Stacy Martin	Secretary	Officer Director	$0	$0	$0
Les Coughran	Director	Director	$0	$0	$0
John L Adams	Treasurer	Officer Director	$0	$0	$0
Robert Reed	Director	Director	$0	$0	$0
Anissa Lindgren	Director	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	$345,702	$213,073	$874,601	$132,629
2023	$193,581	$154,213	$707,290	$39,368
2022	$185,270	$134,929	$666,721	$50,341
2021	$177,458	$127,715	$628,669	$49,743
2020	$172,394	$99,602	$559,413	$72,792
2019	$223,875	$68,981	$492,701	$154,894

W Vernie Reed Memorial Fund