United Steelworkers Local 12-00006 (EIN 951625648) - 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

2005

Legal Domicile

Principal Officer

Rachael Burleson

Phone

6616232828

Tax Period

2025-01-01 to 2025-12-31

United Steelworkers Local 12-00006, founded in 2005, is a micro nonprofit that reported $35K in total revenue in fiscal year 2025. The organization ran a surplus of $17K, a strong 48% operating margin.

Mission

Local Union enforced the collective barganing agreetment to better the working conditions of the Local Union and provide representation to 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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $20,826

Investment Income $12,163

Other Revenue $1,978

TOTAL REVENUE $34,967

Expense Breakdown

Grants Paid $1,500

Salaries & Benefits $5,749

Fundraising Expenses $0

Other Expenses $10,768

TOTAL EXPENSES $18,017

Year-over-Year Comparison

	2025	2024	Change
Revenue	$34,967	$33,581	+0.0%
Expenses	$18,017	$28,186	-0.4%
Net Income	$16,950	$5,395	+2.1%

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

$5,187

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Billy Forthman	President	002.00	Officer	$4,716	$0	$4,716
Keith Hamstreet	Treasruer	002.00	Officer	$471	$0	$471
Tyson Gorham	Vice President	002.00	Officer	$0	$0	$0
Rachel Burleson	Financial Secretary	005.00	Officer	$0	$0	$0
Joseph Lugo	Recording Secretary	002.00	Officer	$0	$0	$0
Kenneth Owens	Trustee	002.00	Officer	$0	$0	$0
Buddy Owens	2nd Vice President	002.00	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	$34,967	$18,017	$726,303	$16,950
2024	$33,581	$28,186	$709,353	$5,395
2023	$39,482	$27,638	$703,958	$11,844
2021	$25,464	$22,271	$687,835	$3,193
2020	$32,705	$47,405	$684,820	$-14,700

United Steelworkers Local 12-00006