EDCO Collaborative Welfare Benefit Trust

EIN: 046865190

Carlisle, MA

Total Revenue
$583,370
Total Expenses
$7,657
Total Assets
N/A
Net Assets
N/A
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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
MA
Principal Officer
Cyndy Taymore
Phone
3392225601
Tax Period
2022-07-01 to 2022-11-01

EDCO Collaborative Welfare Benefit Trust, founded in 1997, is a small nonprofit that reported $583K in total revenue in fiscal year 2022. Revenue surged 146% from the prior year, signaling strong growth momentum. The organization ran a surplus of $576K, a strong 99% operating margin.

Mission

To provide welfare benefits to employees of the corporation and their dependents.

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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%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $37,945
Investment Income $545,425
Other Revenue $0
TOTAL REVENUE $583,370

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $7,657
TOTAL EXPENSES $7,657

Year-over-Year Comparison

2022 2021 Change
Revenue $583,370 $236,902 +1.5%
Expenses $7,657 $23,693 -0.7%
Net Income $575,713 $213,209 +1.7%
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

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Governance

Voting Members
1
Independent Members
1
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
0
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A Trustee 1.00
$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 $236,902 $23,693 $2,281,962 $213,209
2022 $583,370 $7,657 No data $575,713
2021 $320,127 $381,829 $2,396,105 $-61,702
2020 $124,439 $386,840 $2,320,183 $-262,401
2019 $444,681 $359,753 $2,447,450 $84,928
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