RIDGELAND, MS
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)NATIONAL ASSOC OF PREVAILING WAGE CONTRACTORS SUPP EMP BEN TRUST, founded in 2006, is a micro nonprofit that reported $13K in total revenue in fiscal year 2019. Revenue decreased 17% compared to the prior year. Expenses of $794K exceeded revenue, resulting in a 5854% operating deficit.
THIS WAS A WELFARE BENEFIT PLAN THAT PROVIDED SUPPLEMENTAL UNEMPLOYMENT BENEIFTS THROUGH A MULTIPLE EMPLOYER TRUST FUND ESTABLISHED UNDER SECTION 501(C) (17) OF THE INTERNAL REVENUE CODE. THE PLAN WAS NOT COLLECTIVELY BARGAINED AND DOES NOT APPLY TO EMPLOYEES COVERED BY COLLECTIVE BARGAINING AGREEMENTS. CONTRIBUTIONS WERE PAID BY PARTICIPATING EMPLOYERS TO THE TRUST FUND AND PAID OUT TO THE ELIGIBLE PLAN MEMBERS IN 2019.THE TRUST FUND WAS INTENDED TO PROVIDE A DISTINCT LEGAL ENTITY INTO WHICH MONIES WERE CONTRIBUTED BY PARTICIPATING EMPLOYERS AND EMPLOYEES FOR THE EXCLUSIVE PURPOSE OF CREATING AND ADMINISTERING A SUPPLEMENTAL UNEMPLOYMENT BENEFIT PLAN FOR THE BENEFIT OF PARTICIPATING EMPLOYEES, AND THEIR BENEFICIARIES, AND FOR DEFRAYING REASONABLE EXPENSES OF ADMINISTRATION.
TO PROVIDE SUPPLEMENTAL UNEMPLOYMENT BENEFITS FOR ALL ELIGIBLE EMPLOYEES OF MEMBERS OF THE NATIONAL ASSOCIATION OF PREVAILING WAGE CONTRACTORS, INC. THE TRUST HAS BEEN LIQUIDATED AS OF DECEMBER 31...
TO PROVIDE SUPPLEMENTAL UNEMPLOYMENT BENEFITS FOR ALL ELIGIBLE EMPLOYEES OF MEMBERS OF THE NATIONAL ASSOCIATION OF PREVAILING WAGE CONTRACTORS, INC. THE TRUST HAS BEEN LIQUIDATED AS OF DECEMBER 31, 2019.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2019 | 2018 | Change | |
|---|---|---|---|
| Revenue | $13,342 | $16,089 | -0.2% |
| Expenses | $794,365 | $70,485 | +10.3% |
| Net Income | $-781,023 | $-54,396 | +13.4% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JAMES O'KEEFE | CHAIRPERSON | 0.05 |
Officer
Director
|
$0 | $0 | $0 |
| DENISE HARTNETT | SECRETARY | 0.05 |
Officer
Director
|
$0 | $0 | $0 |
| KIM CLARK | TRUSTEE | 0.05 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2019 | $13,342 | $794,365 | No data | $-781,023 |
| 2018 | $16,089 | $70,485 | $785,664 | $-54,396 |
Compare NATIONAL ASSOC OF PREVAILING WAGE CONTRACTORS SUPP EMP BEN TRUST with other nonprofits in Mississippi and across the country.