Fringe Benefit Plan for Service Contract Act Employees of Maximus Serices LLC (EIN 207150043) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2007

Legal Domicile

Principal Officer

Alhassan Elbarasse

Phone

7032518500

Tax Period

2023-01-01 to 2023-12-31

FRINGE BENEFIT PLAN FOR SERVICE CONTRACT ACT EMPLOYEES OF MAXIMUS SERVICES LLC, founded in 2007, is a mid-sized nonprofit in the Mutual Benefit sector that reported $63.7M in total revenue in fiscal year 2019. Revenue decreased 11% compared to the prior year.

Mission

The Trust provides fringe benefits to employees covered by the Service Contract Act. Employee benefits, including health, dental, vision, life, and short term disability insurance and paid time off are required to meet minimum prevailing wage rates as required under the Act.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $79,096,217

Investment Income $0

Other Revenue $3,399,218

TOTAL REVENUE $82,495,435

Expense Breakdown

Grants Paid $0

Salaries & Benefits $61,432,507

Fundraising Expenses $0

Other Expenses $19,561,351

TOTAL EXPENSES $80,993,858

Year-over-Year Comparison

	2023	2022	Change
Revenue	$82,495,435	$95,242,556	-0.1%
Expenses	$80,993,858	$83,035,515	0.0%
Net Income	$1,501,577	$12,207,041	-0.9%

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

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	Role	Reportable Comp	Other Comp	Total
Alhassan Elbarasse	Trustee	Director	$0	$0	$0
Meera Dunleavey	Trustee	Director	$0	$0	$0
Michelle Link	Trustee	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	No data	No data	No data	No data
2023	$82,495,435	$80,993,858	$44,813,703	$1,501,577
2022	$95,242,556	$83,035,515	$45,786,671	$12,207,041
2021	$84,048,714	$68,913,651	$33,285,235	$15,135,063
2020	$85,257,718	$87,003,777	$19,337,104	$-1,746,059
2020	$85,257,717	$87,542,286	$19,337,104	$-2,284,569
2019	$63,694,278	$63,866,369	$17,356,989	$-172,091

Fringe Benefit Plan for Service Contract Act Employees of Maximus Serices LLC