The Baltimore Teachers Union Local 340

Nonprofit profile at a glance

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

46 people listed

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

See schedule o for details.

Labor union advocating the interests of teachers, paraprofessionals and school related personnel in baltimore city's public schools.

Revenue model: Earned-program. 95% of the money available for current operations came from fees and other program revenue.
Distribution model: Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
Pay-setting controls: 1 of 6 controls in place; rating input score 17
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
Foreign activity oversight: Limited
Grant itemization coverage: Limited
Major donor itemization: Yes; rating input score 100
Related-party transparency: Limited

Independent voting board: 87.8%; rating input score 88; 19th percentile among comparable filings
Governance controls: 6 of 9 controls in place; rating input score 67
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass

Operating margin: 15.4%; rating input score 71; 71st percentile among comparable filings
Total-asset coverage ratio: 1.51; rating input score 52; 52nd percentile among comparable filings
Liabilities to assets ratio: 0.55; rating input score 19; 19th percentile among comparable filings
Officer compensation ratio: 13.9%; rating input score 21; 21st percentile among comparable filings

Program expense growth: Limited
Revenue growth: 1.4% per year; rating input score 100; 17th percentile among comparable filings
Asset growth: 3.7% per year; rating input score 100; 28th percentile among comparable filings

Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
Governance: 36 of 41 board members independent · 6 of 9 filing controls reported
Programs: 1 filed program accomplishment
Leadership: top reported pay $179K · 46 people listed · 1 of 6 pay-setting controls reported
Highest-paid contractors: 1 contractor listed · $372K reported
Consistency: 14 of 14 current checks pass
Schedules: 5 filed schedules · includes major donors and executive pay
Filing history: 11 filing years from 2014 to 2024
Contacts: How to reach this organization
Money network: 11 filed money-flow records
Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
People: Everyone the filings name, and which of them the filings identify by more than a name.
Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Signals prioritize questions for review. They are not findings of misconduct.