LIFE BENEFIT PLAN (EIN 111708617) - 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

1975

Legal Domicile

Phone

7182382399

Tax Period

2024-01-01 to 2024-12-31

LIFE BENEFIT PLAN, founded in 1975, is a community nonprofit that reported $4.9M in total revenue in fiscal year 2024.

Mission

TO PROVIDE HOSPITAL, MEDICAL, DENTAL, OPTICAL, ACCIDENTAL DEATH AND DISMEMBERMENT INSURANCE.

🔒

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 $4,799,429

Investment Income $33,380

Other Revenue $36,953

TOTAL REVENUE $4,869,762

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,792,476

Fundraising Expenses $0

Other Expenses $568,837

TOTAL EXPENSES $4,904,999

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,869,762	$4,858,753	+0.0%
Expenses	$4,904,999	$4,550,385	+0.1%
Net Income	$-35,237	$308,368	-1.1%

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

N/A

Employees

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

$166,275

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN N MONGELLO	FUND ADMINISTRATOR	47.00		$344,145	$78,019	$422,164
CHRISTOPHER L KUEHNE	DIRECTOR OF LABOR	33.00		$0	$47,475	$282,308
JESSICA GAMBINO	OFFICE MANAGER	37.00		$192,623	$12,257	$204,880
DINA CHICLANA	Trustee	6.00	Director	$0	$18,608	$117,354
ELLA DUPREE	NV - TRUSTEE	8.00	Director	$0	$16,214	$48,921

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	$4,869,762	$4,904,999	$5,182,624	$-35,237
2023	$4,858,753	$4,550,385	$5,055,942	$308,368
2022	$4,767,446	$4,862,540	$4,730,601	$-95,094
2021	$3,984,741	$3,580,541	$4,512,065	$404,200
2020	$4,237,089	$4,169,706	$4,624,700	$67,383
2019	$4,882,186	$4,077,645	$4,414,620	$804,541
2018	$4,540,894	$4,276,710	$3,353,379	$264,184

LIFE BENEFIT PLAN