MOSAIC & TERRAZZO WELFARE FUND (EIN 135676828) - 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

1946

Legal Domicile

Principal Officer

ROSA MARIA TONEATTO

Phone

7187294416

Tax Period

2023-01-01 to 2023-12-31

MOSAIC & TERRAZZO WELFARE FUND, founded in 1946, is a community nonprofit that reported $8.1M in total revenue in fiscal year 2023. Revenue decreased 8% compared to the prior year. Expenses of $9.1M exceeded revenue, resulting in a 13% operating deficit.

Mission

TO PROVIDE HEALTH AND OTHER BENEFITS TO ELIGIBLE PARTICIPANTS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $7,935,219

Investment Income $123,789

Other Revenue $0

TOTAL REVENUE $8,059,008

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $502,217

TOTAL EXPENSES $9,067,727

Year-over-Year Comparison

	2023	2022	Change
Revenue	$8,059,008	$8,780,077	-0.1%
Expenses	$9,067,727	$9,336,561	0.0%
Net Income	$-1,008,719	$-556,484	+0.8%

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

$142,465

Total Directors

$2,317

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PATRICK BONICI	UNION TRUSTEE	1.00	Director	$0	$0	$0
MICHAEL MAGNAN	EMPLYR TRUSTEE	1.00	Director	$0	$0	$0
NICHOLAS HOPKO	UNION TRUSTEE	1.00	Director	$0	$950	$2,317
MICHAEL KRISS	EMPLYR TRUSTEE	1.00	Director	$0	$0	$0
ROSA MARIA TONEATTO	FUND ADMIN	16.50	Officer	$0	$32,441	$142,465

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	No data	No data	No data	No data
2023	$8,059,008	$9,067,727	$5,406,911	$-1,008,719
2022	$8,780,077	$9,336,561	$6,767,300	$-556,484
2021	$7,617,875	$8,125,231	$7,395,380	$-507,356
2020	$4,842,590	$5,495,345	$7,259,550	$-652,755
2019	$5,942,677	$5,897,919	$7,803,173	$44,758
2018	$5,719,565	$6,774,909	$7,796,152	$-1,055,344

MOSAIC & TERRAZZO WELFARE FUND