STOREWORKERS SECURITY PLAN (EIN 136162367) - 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

1949

Legal Domicile

Principal Officer

Shaun Kavanagh

Phone

2123084800

Tax Period

2023-02-01 to 2024-01-31

STOREWORKERS SECURITY PLAN, founded in 1949, is a small nonprofit that reported $215K in total revenue in fiscal year 2023. Revenue decreased 11% compared to the prior year. Expenses of $1.0M exceeded revenue, resulting in a 368% operating deficit.

Mission

TO PROVIDE HEALTH AND RELATED BENEFITS COVERAGE 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 $138,865

Investment Income $47,172

Other Revenue $28,678

TOTAL REVENUE $214,715

Expense Breakdown

Grants Paid $0

Salaries & Benefits $332,879

Fundraising Expenses $0

Other Expenses $239,392

TOTAL EXPENSES $1,005,935

Year-over-Year Comparison

	2023	2022	Change
Revenue	$214,715	$242,524	-0.1%
Expenses	$1,005,935	$1,025,487	0.0%
Net Income	$-791,220	$-782,963	+0.0%

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

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
Shaun Kavanagh	Trustee	5.00	Director	$0	$0	$0
Helena Gubelman	Trustee	0.50	Director	$0	$0	$0
BRENDA MOSES	Trustee	2.00	Director	$0	$0	$0
Eileen Boland	Trustee	0.50	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
2025	No data	No data	No data	No data
2024	$214,715	$1,005,935	$5,392,874	$-791,220
2023	$242,524	$1,025,487	$6,070,516	$-782,963
2022	$430,154	$963,834	$7,344,945	$-533,680
2021	$465,542	$860,237	$8,319,246	$-394,695
2020	$697,841	$1,225,481	$8,531,484	$-527,640
2019	$442,874	$1,172,989	$8,881,797	$-730,115

STOREWORKERS SECURITY PLAN