ROLEX WATCH USA INC RETIREE MEDICAL PLAN (EIN 206740815) - 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

2005

Legal Domicile

Principal Officer

MARK W GOLDBERG

Phone

2127587700

Tax Period

2024-01-01 to 2024-12-31

ROLEX WATCH USA INC RETIREE MEDICAL PLAN, founded in 2005, is a community nonprofit in the Mutual Benefit sector that reported $1.1M in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $1.5M exceeded revenue, resulting in a 35% operating deficit.

Mission

TO PROVIDE POSTRETIREMENT HEALTH INSURANCE BENEFITS TO CERTAIN FORMER EMPLOYEES OF ROLEX WATCH U.S.A., INC.

🔒

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 $354,312

Investment Income $734,935

Other Revenue $0

TOTAL REVENUE $1,089,247

Expense Breakdown

Grants Paid $0

Salaries & Benefits $113,604

Fundraising Expenses $0

Other Expenses $199,222

TOTAL EXPENSES $1,466,027

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,089,247	$963,277	+0.1%
Expenses	$1,466,027	$1,388,962	+0.1%
Net Income	$-376,780	$-425,685	-0.1%

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

Employees

N/A

Volunteers

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
PETER COUSINS	TRUSTEE	5.00	Director	$0	$0	$0
MARK GOLDBERG	TRUSTEE	5.00	Director	$0	$0	$0
KENNETH SACKS	TRUSTEE	5.00	Director	$0	$0	$0
MICHELE TANCREDI	TRUSTEE	5.00	Director	$0	$0	$0
N/A	TRUSTEE	10.00		$113,604	$0	$113,604

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	$1,089,247	$1,466,027	$11,096,962	$-376,780
2023	$963,277	$1,388,962	$11,250,829	$-425,685
2022	$867,101	$1,365,352	$10,548,579	$-498,251
2021	$1,574,039	$1,478,089	$14,332,005	$95,950
2020	$1,194,690	$1,324,345	$13,890,684	$-129,655
2019	$893,340	$1,139,504	$12,687,320	$-246,164
2018	$1,134,636	$1,185,045	$11,884,540	$-50,409

ROLEX WATCH USA INC RETIREE MEDICAL PLAN