CORNELL MEDICAL BENEFITS TRUST (EIN 161457001) - 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

1994

Legal Domicile

Phone

4127686324

Tax Period

2024-07-01 to 2025-06-30

CORNELL MEDICAL BENEFITS TRUST, founded in 1994, is a mid-sized nonprofit in the Philanthropy & Grantmaking sector that reported $17.4M in total revenue in fiscal year 2024. Revenue surged 31% from the prior year, signaling strong growth momentum. The organization ran a surplus of $16.5M, a strong 95% operating margin.

Mission

AS REQUIRED BY ITS INSTRUMENT, THIS TRUST ASSISTS CORNELL UNIVERSITY IN PROVIDING MEDICAL BENEFITS TO CORNELL UNIVERSITY EMPLOYEES.

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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 $0

Investment Income $17,376,043

Other Revenue $0

TOTAL REVENUE $17,376,043

Expense Breakdown

Grants Paid $0

Salaries & Benefits $563,363

Fundraising Expenses $0

Other Expenses $347,922

TOTAL EXPENSES $911,285

Year-over-Year Comparison

	2024	2023	Change
Revenue	$17,376,043	$13,313,991	+0.3%
Expenses	$911,285	$924,335	0.0%
Net Income	$16,464,758	$12,389,656	+0.3%

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

N/A

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
PNC BANK N A	TRUSTEE	1.0		$563,363	$0	$563,363

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	$17,376,043	$911,285	$406,922,892	$16,464,758
2024	No data	No data	No data	No data
2023	$-37,648,300	$537,711	$376,559,315	$-38,186,011
2022	$86,965,284	No data	$414,758,389	No data
2021	$31,090,547	No data	$327,793,105	No data
2020	$31,016,401	No data	$296,702,558	No data

CORNELL MEDICAL BENEFITS TRUST