UFCW LOCAL 1776 & PARTICIPATING EMPLOYERS LEGAL TRUST FUND (EIN 232069083) - 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

1978

Legal Domicile

Principal Officer

LEONARD PURNELL

Phone

6109419400

Tax Period

2023-01-01 to 2023-12-31

UFCW LOCAL 1776 & PARTICIPATING EMPLOYERS LEGAL TRUST FUND, founded in 1978, is a small nonprofit that reported $465K in total revenue in fiscal year 2023. Expenses of $450K left a modest 3% surplus.

Mission

TO PROVIDE PREPAID LEGAL SERVICES TO ELIGIBLE UNION PARTICIPANTS AND THEIR DEPENDENTS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $444,194

Investment Income $20,867

Other Revenue $0

TOTAL REVENUE $465,061

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $450,341

Other Expenses $95,747

TOTAL EXPENSES $450,341

Year-over-Year Comparison

	2023	2022	Change
Revenue	$465,061	$461,140	+0.0%
Expenses	$450,341	$445,419	+0.0%
Net Income	$14,720	$15,721	-0.1%

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

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
ANTHONY ZOLLO	TRUSTEE	1.00	Director	$0	$0	$0
DAN DOSENBACH	TRUSTEE	1.00	Director	$0	$0	$0
WENDELL W YOUNG IV	TRUSTEE - ALTERNATE	1.00	Director	$0	$0	$0
LEONARD PURNELL	TRUSTEE	1.00	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
2024	No data	No data	No data	No data
2023	$465,061	$450,341	$732,649	$14,720
2022	$461,140	$445,419	$708,589	$15,721
2021	$518,133	$454,920	$725,408	$63,213
2020	$502,824	$436,897	$630,284	$65,927
2019	$517,013	$460,692	$567,351	$56,321
2018	$526,024	$508,835	$505,147	$17,189

UFCW LOCAL 1776 & PARTICIPATING EMPLOYERS LEGAL TRUST FUND