Sugar Workers Union No 1 (EIN 940907350) - 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

1934

Legal Domicile

Principal Officer

Richard Takher

Phone

5107871676

Tax Period

2024-01-01 to 2024-12-31

Sugar Workers Union No 1, founded in 1934, is a small nonprofit that reported $321K in total revenue in fiscal year 2024. Expenses of $309K left a modest 4% surplus.

Mission

Labor union services and benefits to or for its 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 (2024)

Revenue Breakdown

Contributions & Grants $321,050

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $321,050

Expense Breakdown

Grants Paid $0

Salaries & Benefits $207,159

Fundraising Expenses $0

Other Expenses $101,835

TOTAL EXPENSES $308,994

Year-over-Year Comparison

	2024	2023	Change
Revenue	$321,050	$312,935	+0.0%
Expenses	$308,994	$298,650	+0.0%
Net Income	$12,056	$14,285	-0.2%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Travis Mallonee	President	008.00	Officer Director	$0	$0	$0
Marcus Woodring	Vice President	008.00	Officer Director	$0	$0	$0
Rey Padilla	Treasury	005.00	Officer Director	$0	$0	$0
Raymond Strong	Trustee	005.00	Director	$0	$0	$0
Michael Baluyut	Trustee	002.00	Director	$0	$0	$0
Robert Quintana	Trustee	001.00	Director	$0	$0	$0
Richard Takher	Business Agent	040.00	Highest	$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	$321,050	$308,994	$55,475	$12,056
2023	$312,935	$298,650	$55,726	$14,285
2022	$254,036	$294,900	$41,211	$-40,864
2021	$307,266	$280,985	$82,075	$26,281
2020	$268,190	$272,800	$50,929	$-4,610
2019	$293,079	$266,738	$54,432	$26,341
2018	$241,017	$274,940	$25,307	$-33,923

Sugar Workers Union No 1