SOURCE INTERNATIONAL CORP EMPLOYEE… - Form 990 Financial Data

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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

1997

Legal Domicile

Principal Officer

ERIC MUELLER

Phone

5088425555

Tax Period

2022-01-01 to 2022-12-31

SOURCE INTERNATIONAL CORP EMPLOYEE BENEFITS TRUST, founded in 1997, is a small nonprofit in the Mutual Benefit sector that reported $995K in total revenue in fiscal year 2022. Revenue surged 50% from the prior year, signaling strong growth momentum. Expenses of $903K left a modest 9% surplus.

Mission

TO PROVIDE FUNDING FOR LIFE INSURANCE, HEALTH INSURANCE, PERSONAL TIME OFF FOR VACATION AND SICK PAY AND SIMILAR BENEFITS FOR ELIGIBLE EMPLOYEES OF SOURCE INTERNATIONAL CORP.

Program Service Accomplishments

Program 1

PROVISION FOR THE PAYMENT OF MEDICAL EXPENSES AND OTHER BENEFITS TO ITS PARTICIPANTS, THEIR DEPENDENTS OR DESIGNATED BENEFICIARIES.

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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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $993,737

Investment Income $846

Other Revenue $0

TOTAL REVENUE $994,583

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $0

TOTAL EXPENSES $902,690

Year-over-Year Comparison

	2022	2021	Change
Revenue	$994,583	$663,478	+0.5%
Expenses	$902,690	$806,873	+0.1%
Net Income	$91,893	$-143,395	-1.6%

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
U KARL MUELLER	TRUSTEE	0.30	Director	$0	$0	$0
ERIC MUELLER	TRUSTEE	0.30	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
2022	$994,583	$902,690	$744,397	$91,893
2021	$663,478	$806,873	$652,504	$-143,395
2020	$1,113,856	$1,007,399	$795,899	$106,457
2019	$1,092,820	$847,749	$689,442	$245,071
2018	$677,468	$680,960	$444,371	$-3,492

SOURCE INTERNATIONAL CORP EMPLOYEE BENEFITS TRUST