UNIROYAL HOLDING INC WELFARE BENEFIT TRUST II (EIN 061508704) - 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

1994

Legal Domicile

Principal Officer

ROBERT V D'ANGELO JR

Phone

2037201427

Tax Period

2024-01-01 to 2024-12-31

UNIROYAL HOLDING INC WELFARE BENEFIT TRUST II, founded in 1994, is a small nonprofit that reported $103K in total revenue in fiscal year 2024. Revenue fell 93% from the prior year — a significant decline worth monitoring. Expenses of $356K exceeded revenue, resulting in a 247% operating deficit.

Mission

PROVIDE HEALTH AND WELFARE BENEFITS FOR ITS MEMBERS.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $13,570

Investment Income $89,203

Other Revenue $0

TOTAL REVENUE $102,773

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $356,412

Other Expenses $57,940

TOTAL EXPENSES $356,412

Year-over-Year Comparison

	2024	2023	Change
Revenue	$102,773	$1,572,469	-0.9%
Expenses	$356,412	$693,927	-0.5%
Net Income	$-253,639	$878,542	-1.3%

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

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
ALAN R ELTON	COMMITTEE MEMBER	1.00	Director	$0	$0	$0
ALFRED F INGULLI	COMMITTEE MEMBER	1.00	Director	$0	$0	$0
ROBERT V D'ANGELO JR	COMMITTEE MEMBER	1.00	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
2024	$102,773	$356,412	$4,316,047	$-253,639
2023	$1,572,469	$693,927	$4,823,370	$878,542
2022	$-40,890	$364,760	$4,579,535	$-405,650
2021	$184,768	$506,569	$5,600,474	$-321,801
2020	$203,214	$465,108	$5,500,871	$-261,894
2019	$182,592	$569,373	$5,435,724	$-386,781
2018	$307,181	$387,301	$5,343,317	$-80,120

UNIROYAL HOLDING INC WELFARE BENEFIT TRUST II