LOCAL 1233 SCHOLARSHIP FUND (EIN 911872930) - 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

1984

Legal Domicile

Principal Officer

VICTOR THOMAS

Tax Period

2023-10-01 to 2024-09-30

Mission

TO SUPPORT MEMBERS OF INTERNATIONAL LONGSHOREMENS ASSOCIATION LOCAL 1233 AND TO PROMOTE HIGHER EDUCATION BY OFFSETTING TUITION COSTS FOR FAMILIES OF MEMBERS.

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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 $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $6,694

Other Expenses $6,694

TOTAL EXPENSES $6,694

Year-over-Year Comparison

	2023	2022	Change
Revenue	N/A	$112,929	-1.0%
Expenses	$6,694	$125,287	-0.9%
Net Income	N/A	$-12,358	N/A

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

$548,001

Total Directors

$822,001

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CLIFTON SMITH	PRESIDENT	1.00	Officer Director	$0	$0	$274,001
HERBERT HALL	BUSINESS AGENT	1.00	Director	$0	$0	$274,000
VICTOR THOMAS	SECRETARY-TREASURER	1.00	Officer Director	$0	$0	$274,000

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	$6,694	No data	No data
2023	$112,929	$125,287	$29,098	$-12,358
2022	$48,242	$29,723	$47,447	$18,519
2021	$27,070	$27,070	$32,312	No data
2020	$1,186	$29,734	$533	$-28,548

LOCAL 1233 SCHOLARSHIP FUND