Barnes Group Inc Retiree Medical Plan Voluntary Employee Benefit Association

EIN: 061479282

Bristol, CT

Total Revenue
$822
Total Expenses
$836
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
1996
Legal Domicile
CT
Principal Officer
DAWN EDWARDS
Phone
8605837070
Tax Period
2019-01-01 to 2019-12-31

Barnes Group Inc Retiree Medical Plan Voluntary Employee Benefit Association, founded in 1996, is a micro nonprofit that reported $822 in total revenue in fiscal year 2019. Revenue fell 100% from the prior year — a significant decline worth monitoring.

Mission

Funding of health care insurance benefits for covered retirees

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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 (2019)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $295
Other Revenue $527
TOTAL REVENUE $822

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $836
TOTAL EXPENSES $836

Year-over-Year Comparison

2019 2018 Change
Revenue $822 $1,022,178 -1.0%
Expenses $836 N/A N/A
Net Income $-14 $1,022,178 -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

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Governance

Voting Members
2
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
0
$0
Total Directors
2
$450,366
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Lynne Knittel Director 0.5
Director
$0 $0 $275,098
John Edwards Director 0.5
Director
$0 $0 $175,268
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
2019 $822 $836 No data $-14
2018 $1,022,178 No data $36,143 No data
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