NATIONAL ASSOCIATION OF LETTER CAR… - Form 990 Financial Data

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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

1911

Legal Domicile

Principal Officer

CARLY HOOK

Phone

4089829738

Tax Period

2023-01-01 to 2023-12-31

NATIONAL ASSOCIATION OF LETTER CARR BRANCH 1427 SANTA CLARA CA, founded in 1911, is a small nonprofit that reported $792K in total revenue in fiscal year 2023. Expenses of $871K exceeded revenue, resulting in a 10% operating deficit.

Mission

TO REPRESENT THE INTERESTS OF ALL LETTER CARRIERS AND OTHER EMPLOYEES OF THE POSTAL CAREER SERVICE.

Program Service Accomplishments

Program 1

TO REPRESENT THE INTERESTS OF LETTER CARRIERS AND TO ADVOCATE FOR UNIVERSAL AND AFFORDABLE POSTAL SERVICES FOR THE AMERICAN PEOPLE.

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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 $791,265

Program Service Revenue $0

Investment Income $384

Other Revenue $0

TOTAL REVENUE $791,649

Expense Breakdown

Grants Paid $0

Salaries & Benefits $412,529

Fundraising Expenses $0

Other Expenses $391,607

TOTAL EXPENSES $871,286

Year-over-Year Comparison

	2023	2022	Change
Revenue	$791,649	$801,528	0.0%
Expenses	$871,286	$818,658	+0.1%
Net Income	$-79,637	$-17,130	+3.6%

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

1158

Independent Members

1158

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

$332,992

Total Directors

$14,316

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
VU TRAN	EXECUTIVE VP	40.00	Officer	$92,012	$0	$92,012
CARLY HOOK	PRESIDENT	40.00	Officer	$91,757	$0	$91,757
DARCIE GARDEA	VICE PRESIDE	40.00	Officer	$89,870	$0	$89,870
ALAN APFELBAUM	SENIOR VP	18.00	Officer	$32,503	$0	$32,503
TAO CUI	TREASURER	6.00	Officer	$15,023	$0	$15,023
HOGAN NAVARRO	SECRETARY	6.00	Director	$12,548	$0	$12,548
JASON NELSON	SENIOR VP	18.00	Officer	$11,827	$0	$11,827
SHARON MENKE	ASSIS SEC/TR	1.00	Director	$1,768	$0	$1,768
SAM TERESI	INS/MDA OFFI	0.00	Officer	$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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$791,649	$871,286	$884,956	$-79,637
2022	$801,528	$818,658	$1,000,725	$-17,130
2021	$875,272	$746,967	$1,048,832	$128,305
2020	$817,571	$706,985	$951,139	$110,586
2019	$810,668	$779,748	$869,426	$30,920
2018	$813,124	$784,797	$862,569	$28,327

NATIONAL ASSOCIATION OF LETTER CARR BRANCH 1427 SANTA CLARA CA