GLOBE NEWSPAPER CO BOSTON MAILERS UNION GENL BENEFIT AND WELFARE PLAN (EIN 222638662) - 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

1985

Legal Domicile

Principal Officer

RICHARD FORD

Phone

6179292733

Tax Period

2024-04-01 to 2025-03-31

GLOBE NEWSPAPER CO BOSTON MAILERS UNION GENL BENEFIT AND WELFARE PLAN, founded in 1985, is a micro nonprofit that reported $75K in total revenue in fiscal year 2024. Expenses of $96K exceeded revenue, resulting in a 28% operating deficit.

Mission

THE FUND PROVIDES LIFE INSURANCE BENEFITS TO ITS ELIGIBLE PARTICIPANTS. THERE ARE 81 PARTICIPANTS IN THE PLAN AT 3/31/2025

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $75,038

Investment Income $4

Other Revenue $0

TOTAL REVENUE $75,042

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $21,220

TOTAL EXPENSES $96,258

Year-over-Year Comparison

	2024	2023	Change
Revenue	$75,042	$77,061	0.0%
Expenses	$96,258	$88,520	+0.1%
Net Income	$-21,216	$-11,459	+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

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
RICHARD FORD	Trustee	2.00	Director	$0	$0	$0
JOSH RUSSELL	Trustee	2.00	Director	$0	$0	$0
MARY WHITE	Trustee	2.00	Director	$0	$0	$0
STEVE SULLIVAN	Trustee	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	$75,042	$96,258	$7,726	$-21,216
2024	$77,061	$88,520	$18,968	$-11,459
2023	$80,194	$105,837	$115,393	$-25,643
2022	$79,939	$98,399	$120,821	$-18,460
2021	$109,543	$109,603	$97,488	$-60
2020	$116,176	$113,852	$110,908	$2,324
2019	$116,758	$115,557	$99,219	$1,201
2018	$125,139	$201,365	$89,967	$-76,226

GLOBE NEWSPAPER CO BOSTON MAILERS UNION GENL BENEFIT AND WELFARE PLAN