WESTERN CONFERENCE OF TEAMSTERS LEGAL SERVICES TRUST FUND (EIN 953543057) - 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

1980

Legal Domicile

Principal Officer

JOHN ERNEST

Phone

2099405100

Tax Period

2023-10-01 to 2024-09-30

WESTERN CONFERENCE OF TEAMSTERS LEGAL SERVICES TRUST FUND, founded in 1980, is a mid-sized nonprofit that reported $10.2M in total revenue in fiscal year 2023. Expenses of $13.0M exceeded revenue, resulting in a 28% operating deficit.

Mission

TO PROVIDE LEGAL SERVICE BENEFITS TO ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS IN THIS MULTIEMPLOYER PLAN.

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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 $7,901,519

Investment Income $2,273,339

Other Revenue $0

TOTAL REVENUE $10,174,858

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $1,276,128

TOTAL EXPENSES $13,032,412

Year-over-Year Comparison

	2023	2022	Change
Revenue	$10,174,858	$10,230,064	0.0%
Expenses	$13,032,412	$12,146,127	+0.1%
Net Income	$-2,857,554	$-1,916,063	+0.5%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Andy Marshall	Trustee, TERM. 10/11/23	1.0	Director	$0	$0	$0
RICK HICKS	Trustee	1.0	Director	$0	$0	$0
John Ernest	Trustee	1.0	Director	$0	$0	$0
MIKE O'CONNOR	Trustee	1.0	Director	$0	$0	$0
KARLA SCHUMANN	TRUSTEE, EFF. 12/18/23	1.0	Director	$0	$0	$0
SEE SCHEDULE O FOR COMPENSATION	PAID BY RELATED ORGANIZATIONS	0.0	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
2024	$10,174,858	$13,032,412	$41,165,923	$-2,857,554
2023	$10,230,064	$12,146,127	$40,405,257	$-1,916,063
2022	$9,922,317	$10,845,097	$41,383,531	$-922,780
2021	$10,178,038	$8,104,153	$48,187,135	$2,073,885
2020	$9,435,637	$7,673,975	$44,244,681	$1,761,662
2019	$8,265,375	$8,582,251	$41,621,339	$-316,876
2018	$10,695,020	$8,386,839	$41,251,358	$2,308,181

WESTERN CONFERENCE OF TEAMSTERS LEGAL SERVICES TRUST FUND