INTERNATIONAL BROTHERHOOD TEAMSTERS VOLUNTARY EMPLOYEE BENEFITS (EIN 016196051) - 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

2002

Legal Domicile

Principal Officer

FRED ZUCKERMAN

Phone

2026246800

Tax Period

2024-01-01 to 2024-12-31

INTERNATIONAL BROTHERHOOD TEAMSTERS VOLUNTARY EMPLOYEE BENEFITS, founded in 2002, is a small nonprofit in the Mutual Benefit sector that reported $983K in total revenue in fiscal year 2024. Revenue fell 53% from the prior year — a significant decline worth monitoring. Net assets of $23.8M represent 291 months of operating reserves.

Mission

TO SERVE AS A VEHICLE FOR THE COORDINATION AND FUNDING OF NUMEROUS IBT HEALTH AND WELFARE PROGRAMS.

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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 $0

Program Service Revenue $322,769

Investment Income $659,722

Other Revenue $521

TOTAL REVENUE $983,012

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $978,675

TOTAL EXPENSES $1,001,411

Year-over-Year Comparison

	2024	2023	Change
Revenue	$983,012	$2,102,812	-0.5%
Expenses	$1,001,411	$4,203,803	-0.8%
Net Income	$-18,399	$-2,100,991	-1.0%

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

$1,282,187

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILLIAM HAMILTON	TRUSTEE	2.00	Director	$0	$42,835	$217,067
SEAN O'BRIEN	CHAIRMAN	2.00	Director	$0	$82,477	$471,455
FRED E ZUCKERMAN	TRUSTEE	2.00	Director	$0	$54,823	$403,428
CHARLES A JONES	TRUSTEE	2.00	Director	$0	$36,376	$160,614
LINDSAY DOUGHERTY	TRUSTEE	2.00	Director	$0	$21,614	$29,623

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	$983,012	$1,001,411	$23,961,480	$-18,399
2023	$2,102,812	$4,203,803	$22,462,119	$-2,100,991
2022	$53,151,680	$51,318,086	$25,472,315	$1,833,594
2021	$51,398,884	$50,654,423	$25,157,658	$744,461
2020	$50,898,821	$46,770,583	$24,507,611	$4,128,238
2019	$49,297,669	$48,124,056	$20,329,770	$1,173,613
2018	$38,224,063	$41,662,447	$19,088,862	$-3,438,384

INTERNATIONAL BROTHERHOOD TEAMSTERS VOLUNTARY EMPLOYEE BENEFITS