UNIROYAL HOLDING INC WAGE BENEFIT TRUST 22-06641 (EIN 061573963) - Form 990 Financial Analysis & Trantor Score

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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

1991

Legal Domicile

Principal Officer

ROBERT V D'ANGELO JR

Phone

2037201427

Tax Period

2024-01-01 to 2024-12-31

UNIROYAL HOLDING INC WAGE BENEFIT TRUST 22-06641, founded in 1991, is a micro nonprofit in the Mutual Benefit sector that reported $43K in total revenue in fiscal year 2024. Revenue fell 39% from the prior year — a significant decline worth monitoring. Expenses of $115K exceeded revenue, resulting in a 164% operating deficit.

Mission

PROVIDING HEALTH AND WELFARE BENEFITS FOR ITS MEMBERS.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $16,181

Investment Income $27,128

Other Revenue $0

TOTAL REVENUE $43,309

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $114,522

Other Expenses $25,194

TOTAL EXPENSES $114,522

Year-over-Year Comparison

	2024	2023	Change
Revenue	$43,309	$71,311	-0.4%
Expenses	$114,522	$134,020	-0.1%
Net Income	$-71,213	$-62,709	+0.1%

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

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	$43,309	$114,522	$526,163	$-71,213
2023	$71,311	$134,020	$596,406	$-62,709
2022	$9,744	$164,287	$659,523	$-154,543
2021	$92,891	$197,328	$822,438	$-104,437
2020	$117,634	$240,235	$950,349	$-122,601
2019	$139,776	$281,920	$1,049,305	$-142,144
2018	$169,505	$348,978	$1,164,840	$-179,473

UNIROYAL HOLDING INC WAGE BENEFIT TRUST 22-06641