MINISINK VALLEY TEACHERS ASSOCIATION BENEFIT TRUST FUND (EIN 061537880) - 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

1999

Legal Domicile

Principal Officer

MIKE CONKLIN

Phone

8453861270

Tax Period

2023-07-01 to 2024-06-30

MINISINK VALLEY TEACHERS ASSOCIATION BENEFIT TRUST FUND, founded in 1999, is a small nonprofit in the Mutual Benefit sector that reported $368K in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $602K exceeded revenue, resulting in a 64% operating deficit.

Mission

TO PROVIDE HEALTH AND WELFARE BENEFITS TO THE EMPLOYEES AND DEPENDENTS OF THOSE EMPLOYEES FOR WHOM SUCH CONTRIBUTIONS ARE MADE.

🔒

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 $367,828

Investment Income $549

Other Revenue $0

TOTAL REVENUE $368,377

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $574,439

Other Expenses $27,867

TOTAL EXPENSES $602,306

Year-over-Year Comparison

	2023	2022	Change
Revenue	$368,377	$325,248	+0.1%
Expenses	$602,306	$591,183	+0.0%
Net Income	$-233,929	$-265,935	-0.1%

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
TOM COSGROVE	VICE PRESIDENT	1.00	Director	$0	$0	$0
MICHAEL CONKLIN	PRESIDENT	1.00	Director	$0	$0	$0
JEFF MALARA	TREASURER	5.00	Officer	$0	$0	$0
CLIFF LORETTO	RECORDING SECRETARY	1.00	Officer	$0	$0	$0
ASHLEY BEAIRSTO	TRUSTEE-DATA SPECIALIST	5.00	Officer	$0	$0	$0
KELLY BERNICE	TRUST-HIPAA PRIVACY OFFICI	1.00	Officer	$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
2025	No data	No data	No data	No data
2024	$368,377	$602,306	$503,705	$-233,929
2023	$325,248	$591,183	$735,744	$-265,935
2022	$482,101	$542,401	$987,844	$-60,300
2021	$486,058	$437,119	$1,042,272	$48,939
2020	$502,221	$374,363	$990,035	$127,858
2019	$532,856	$476,105	$863,632	$56,751

MINISINK VALLEY TEACHERS ASSOCIATION BENEFIT TRUST FUND