BOYNTON BCH FF RETIREMENT INSURANCE FUND (EIN 203632241) - 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

2006

Legal Domicile

Principal Officer

KEVIN RAY CARTER

Phone

5617426339

Tax Period

2023-10-01 to 2024-09-30

BOYNTON BCH FF RETIREMENT INSURANCE FUND, founded in 2006, is a small nonprofit in the Mutual Benefit sector that reported $583K in total revenue in fiscal year 2023. Revenue surged 70% from the prior year, signaling strong growth momentum. The organization ran a surplus of $277K, a strong 48% operating margin.

Mission

THE FUND PAYS OR PROVIDES FULL OR PARTIAL HEALTH INSURANCE PREMIUM AND MEDICAL EXPENSE REIMBURSEMENTS AND RELATED BENEFITS TO ELIGIBLE PARTICIPANTS THROUGH POLICIES OF INSURANCE OR OTHER PROGRAMS AND FACILITIES.

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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 $441,973

Investment Income $141,138

Other Revenue $0

TOTAL REVENUE $583,111

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $46,121

TOTAL EXPENSES $306,121

Year-over-Year Comparison

	2023	2022	Change
Revenue	$583,111	$342,653	+0.7%
Expenses	$306,121	$331,612	-0.1%
Net Income	$276,990	$11,041	+24.1%

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
KEVIN RAY CARTER	TRUSTEE	2.50	Director	$0	$0	$0
TYLER HOFFMANN	TRUSTEE	2.50	Director	$0	$0	$0
KURT LEWIS	VICE PRESIDE	2.50	Director	$0	$0	$0
GEORGIO SALAME	CHAIRMAN	2.50	Director	$0	$0	$0
JAMES WITT	TRUSTEE	2.50	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
2024	$583,111	$306,121	$5,584,882	$276,990
2023	$342,653	$331,612	$4,357,653	$11,041
2022	$448,656	$442,615	$3,830,266	$6,041
2021	$379,460	$253,144	$4,748,737	$126,316
2020	$421,834	$183,449	$3,876,361	$238,385
2019	$402,626	$173,226	$3,595,241	$229,400
2018	$400,356	$155,234	$3,451,417	$245,122

BOYNTON BCH FF RETIREMENT INSURANCE FUND