THE GILLETTE COMPANY EMPLOYEE BENEFIT TRUST (EIN 223055220) - 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

TOM BARONE

Phone

5139837777

Tax Period

2024-07-01 to 2025-06-30

THE GILLETTE COMPANY EMPLOYEE BENEFIT TRUST, founded in 1988, is a mid-sized nonprofit that reported $10.4M in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $24.8M exceeded revenue, resulting in a 137% operating deficit.

Mission

TO PROVIDE HEALTH, LIFE AND DISABILITY BENEFITS TO ELIGIBLE MEMBERS.

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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 $9,565,885

Investment Income $883,847

Other Revenue $0

TOTAL REVENUE $10,449,732

Expense Breakdown

Grants Paid $0

Salaries & Benefits $22,711

Fundraising Expenses $0

Program Expenses $24,786,046

Other Expenses $204,133

TOTAL EXPENSES $24,786,046

Year-over-Year Comparison

	2024	2023	Change
Revenue	$10,449,732	$9,564,728	+0.1%
Expenses	$24,786,046	$23,316,151	+0.1%
Net Income	$-14,336,314	$-13,751,423	+0.0%

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
TOM BARONE	INVESTMENT COMMITTEE MEMBE	0.10	Director	$0	$0	$0
MATT JANZAURK	INVESTMENT COMMITTEE MEMBE	0.10	Director	$0	$0	$0
LAURIE ALAGHA	INVESTMENT COMMITTEE MEMBE	0.10	Director	$0	$0	$0
N/A	TRUSTEE	0.10		$22,711	$0	$22,711

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	$10,449,732	$24,786,046	$74,669,638	$-14,336,314
2024	$9,564,728	$23,316,151	$85,043,795	$-13,751,423
2023	$9,726,149	$21,741,865	$96,167,773	$-12,015,716
2022	$12,995,636	$21,475,424	$108,826,479	$-8,479,788
2021	$20,431,043	$17,523,068	$128,441,003	$2,907,975
2020	$14,997,392	$17,610,080	$133,264,006	$-2,612,688
2019	$15,487,596	$17,983,528	$129,912,568	$-2,495,932
2018	$16,307,561	$18,846,397	$127,025,907	$-2,538,836

THE GILLETTE COMPANY EMPLOYEE BENEFIT TRUST