AUTOMATIC DATA PROCESSING INC AND SUBSIDIARIES EMPL WELFARE BNFT TR (EIN 222541018) - 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

1988

Legal Domicile

Principal Officer

TANYA GUAZZO

Phone

9739745000

Tax Period

2022-07-01 to 2023-06-30

AUTOMATIC DATA PROCESSING INC AND SUBSIDIARIES EMPL WELFARE BNFT TR, founded in 1988, is a major nonprofit that reported $429.5M in total revenue in fiscal year 2022.

Mission

TO PROVIDE BENEFITS TO ELIGIBLE PARTICIPANTS OF THE AUTOMATIC DATA PROCESSING, INC. EMPLOYEE WELFARE BENEFIT TRUST.

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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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $424,892,443

Investment Income $4,654,892

Other Revenue $0

TOTAL REVENUE $429,547,335

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $413,316,006

Other Expenses $13,162,315

TOTAL EXPENSES $426,478,321

Year-over-Year Comparison

	2022	2021	Change
Revenue	$429,547,335	$420,855,808	+0.0%
Expenses	$426,478,321	$402,543,718	+0.1%
Net Income	$3,069,014	$18,312,090	-0.8%

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
MICHAEL BONARTI	TRUSTEE	2.00	Director	$0	$0	$0
MICHAEL EBERHARD	OUTGOING TRUSTEE (THRU 9/30/2022)	2.00	Director	$0	$0	$0
SREENI KUTAM	OUTGOING TRUSTEE (THRU 1/11/2023)	2.00	Director	$0	$0	$0
PAUL BOLAND	TRUSTEE (AS OF 1/11/2023)	2.00	Director	$0	$0	$0
PETER HADLEY	TRUSTEE (AS OF 10/1/2022)	2.00	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$429,547,335	$426,478,321	$131,328,758	$3,069,014
2022	$420,855,808	$402,543,718	$128,259,744	$18,312,090
2021	$402,369,249	$363,478,503	$109,947,654	$38,890,746
2020	$376,092,346	$365,834,726	$71,056,908	$10,257,620
2019	$366,569,024	$363,503,585	$60,799,288	$3,065,439
2018	$384,662,027	$380,165,523	$57,733,849	$4,496,504

AUTOMATIC DATA PROCESSING INC AND SUBSIDIARIES EMPL WELFARE BNFT TR