HASKINS LABORATORIES INC RETIREE VEBA PLAN (EIN 061439510) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1995

Legal Domicile

Principal Officer

KENNETH R PUGH

Phone

2038656163

Tax Period

2023-01-01 to 2023-12-31

HASKINS LABORATORIES INC RETIREE VEBA PLAN, founded in 1995, is a micro nonprofit that reported $8K in total revenue in fiscal year 2023. Revenue surged 46% from the prior year, signaling strong growth momentum. Expenses of $364K exceeded revenue, resulting in a 4207% operating deficit.

Mission

POST-RETIREMENT HEALTH PLAN THAT PROVIDES PARTICIPANTS WITH A HEALTH BENEFIT ALLOWANCE TO BE APPLIED TOWARDS THE PURCHASE OF RETIREE HEALTH BENEFITS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $8,445

Other Revenue $0

TOTAL REVENUE $8,445

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $9,754

TOTAL EXPENSES $363,712

Year-over-Year Comparison

	2023	2022	Change
Revenue	$8,445	$5,770	+0.5%
Expenses	$363,712	$39,312	+8.3%
Net Income	$-355,267	$-33,542	+9.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

Employees

N/A

Volunteers

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

$7,592

Total Directors

$7,592

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KENNETH R PUGH	TRUSTEE	1.00	Officer Director	$0	$572	$7,592

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
2023	$8,445	$363,712	No data	$-355,267
2022	$5,770	$39,312	$355,267	$-33,542
2021	$662	$24,000	$392,910	$-23,338
2020	$2,018	$24,000	$419,771	$-21,982
2019	$9,167	$24,000	$436,723	$-14,833
2018	$22,650	$20,516	$444,240	$2,134

HASKINS LABORATORIES INC RETIREE VEBA PLAN