FEDERAL EXPRESS CORPORATION WELFARE BENEFIT TRUST FOR RETIRED PILOTS (EIN 208247963) - 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

1978

Legal Domicile

Principal Officer

DIANE HICKS

Phone

9012913650

Tax Period

2023-01-01 to 2023-12-31

FEDERAL EXPRESS CORPORATION WELFARE BENEFIT TRUST FOR RETIRED PILOTS, founded in 1978, is a small nonprofit in the Mutual Benefit sector that reported $107K in total revenue in fiscal year 2023. Revenue surged 27% from the prior year, signaling strong growth momentum. Expenses of $1.1M exceeded revenue, resulting in a 898% operating deficit.

Mission

THIS FEDERAL EXPRESS CORPORATION TRUST PROVIDES A HEALTH REIMBURSEMENT PROGRAM FOR RETIRED PILOTS FOR THEIR ELIGIBLE MEDICAL EXPENSES

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $106,839

Other Revenue $642

TOTAL REVENUE $107,481

Expense Breakdown

Grants Paid $0

Salaries & Benefits $51,409

Fundraising Expenses $0

Program Expenses $1,021,202

Other Expenses $0

TOTAL EXPENSES $1,072,611

Year-over-Year Comparison

	2023	2022	Change
Revenue	$107,481	$84,902	+0.3%
Expenses	$1,072,611	$1,280,660	-0.2%
Net Income	$-965,130	$-1,195,758	-0.2%

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

N/A

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
MATRIX TRUST	INSTITUTIONAL TRUSTEE	0.0		$51,409	$0	$51,409

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	$107,481	$1,072,611	$8,589,508	$-965,130
2022	$84,902	$1,280,660	$9,531,483	$-1,195,758
2021	$89,659	$1,419,843	$10,727,241	$-1,330,184
2020	$102,071	$1,655,282	$12,057,425	$-1,553,211
2019	$126,745	$2,408,653	$13,610,636	$-2,281,908
2018	$144,280	$2,569,354	$15,892,544	$-2,425,074

FEDERAL EXPRESS CORPORATION WELFARE BENEFIT TRUST FOR RETIRED PILOTS