GRAND VIEW HOSPITAL WORKERS COMPENSATION TRUST

EIN: 232330671

KING OF PRUSSIA, PA

Total Revenue
$827,866
Total Expenses
$948,010
Total Assets
$104,214
Net Assets
$-411,912
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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
PA
Phone
6106873869
Tax Period
2022-07-01 to 2023-06-30

GRAND VIEW HOSPITAL WORKERS COMPENSATION TRUST, founded in 1985, is a small nonprofit that reported $828K in total revenue in fiscal year 2022. Revenue fell 22% from the prior year — a significant decline worth monitoring. Expenses of $948K exceeded revenue, resulting in a 15% operating deficit.

Mission

THE TRUST WAS ESTABLISHED FOR THE PURPOSE OF PROVIDING A SOURCE OF FUNDS AND MAINTAINING ADEQUATE RESERVES FOR THE PAYMENT OF WORKERS COMPENSATION BENEFITS AND RELATED CLAIMS.

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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%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $825,000
Investment Income $2,866
Other Revenue $0
TOTAL REVENUE $827,866

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $908,280
Other Expenses $294,172
TOTAL EXPENSES $948,010

Year-over-Year Comparison

2022 2021 Change
Revenue $827,866 $1,060,169 -0.2%
Expenses $948,010 $854,911 +0.1%
Net Income $-120,144 $205,258 -1.6%
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

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Governance

Voting Members
11
Independent Members
11
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
0
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GREGORY S FAMOUS AVI RISK SERVICES TRUST ADMINISTRATOR 5.00
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
2023 $827,866 $948,010 $104,214 $-120,144
2022 $1,060,169 $854,911 $224,358 $205,258
2021 $1,100,196 $1,226,139 $19,100 $-125,943
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