INTERNATIONAL ASSOCIATION OF BRIDGE AND ORNAMENTAL IRON WORKERS LOCAL NO 29 (EIN 930196197) - 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

1901

Legal Domicile

Principal Officer

JASON FUSSELL

Phone

5037740777

Tax Period

2024-07-01 to 2025-06-30

INTERNATIONAL ASSOCIATION OF BRIDGE AND ORNAMENTAL IRON WORKERS LOCAL NO 29, founded in 1901, is a community nonprofit that reported $4.9M in total revenue in fiscal year 2024.

Mission

THE LOCAL CHAPTER PROMOTES MEMBER WAGE LEVELS, FRINGE BENEFITS, AND WORKING CONDITIONS.

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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 $4,660,274

Investment Income $236,942

Other Revenue $0

TOTAL REVENUE $4,897,216

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,864,120

Fundraising Expenses $0

Other Expenses $2,884,318

TOTAL EXPENSES $4,834,290

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,897,216	$4,620,362	+0.1%
Expenses	$4,834,290	$4,532,939	+0.1%
Net Income	$62,926	$87,423	-0.3%

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

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

$390,867

Total Directors

$390,867

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROD SPRINKLE	PRESIDENT	40.00	Officer Director	$114,846	$22,089	$136,935
MIKE ALLDRITT	ORGANIZER	1.00	Director	$0	$0	$0
LORNE BULLING	POLITICAL DIRECTOR	1.00	Director	$0	$0	$0
BERNABE ORTIZ	CONDUCTOR	1.00	Director	$0	$0	$0
TRAVIS TAYLOR	EXEC. BOARD	1.00	Director	$0	$0	$0
JOHN HILLSTEAD	TRUSTEE	1.00	Director	$0	$0	$0
JADE WORTHINGTON	EXEC. BOARD	1.00	Director	$0	$0	$0
ERIC COLE	SERGEANT AT ARMS	1.00	Director	$0	$0	$0
CHUCK RIGGS	EXEC. BOARD	1.00	Director	$0	$0	$0
TYLER SMITH	VICE PRESIDENT	40.00	Officer Director	$87,984	$21,929	$109,913
JASON FUSSELL	FIN SEC/BUSINESS MANAGER	40.00	Officer Director	$120,846	$23,173	$144,019
JUAN OLVERA	EXEC. BOARD	1.00	Director	$0	$0	$0
FRANCO WENTZEL	TRUSTEE	1.00	Director	$0	$0	$0
WILLOW RYAN	TRUSTEE	1.00	Director	$0	$0	$0
COURTNEY NEWBERG	RECORDING SECRETARY	1.00	Officer Director	$0	$0	$0
ZACH ZOLLER	DISPATCHER	1.00	Director	$0	$0	$0
JERRY MARTINEZ	ORGANIZER	1.00	Director	$0	$0	$0
SHANE NEHLS	FORMER VICE PRESIDENT	1.00	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
2025	$4,897,216	$4,834,290	$7,769,185	$62,926
2024	$4,620,362	$4,532,939	$7,713,106	$87,423
2023	$5,205,764	$4,689,684	$7,611,245	$516,080
2022	$5,107,018	$3,982,319	$7,119,112	$1,124,699
2021	$5,496,343	$3,875,131	$5,975,802	$1,621,212
2020	$4,481,083	$3,388,740	$4,137,034	$1,092,343
2019	$4,032,156	$2,867,476	$3,044,688	$1,164,680

INTERNATIONAL ASSOCIATION OF BRIDGE AND ORNAMENTAL IRON WORKERS LOCAL NO 29