SAN DIEGO TRANSIT #1309 SECURITY FUND HEALTH & WELFARE PLAN (EIN 237029952) - 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

1967

Legal Domicile

Principal Officer

JEFF STUMBO

Phone

6192364517

Tax Period

2022-01-01 to 2022-12-31

SAN DIEGO TRANSIT #1309 SECURITY FUND HEALTH & WELFARE PLAN, founded in 1967, is a small nonprofit that reported $477K in total revenue in fiscal year 2022. Revenue fell 94% from the prior year — a significant decline worth monitoring. Expenses of $5.1M exceeded revenue, resulting in a 966% operating deficit.

Mission

TO PROVIDE HEALTH BENEFITS

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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 $465,023

Investment Income $11,674

Other Revenue $0

TOTAL REVENUE $476,697

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $135,201

TOTAL EXPENSES $5,082,643

Year-over-Year Comparison

	2022	2021	Change
Revenue	$476,697	$7,771,998	-0.9%
Expenses	$5,082,643	$7,615,187	-0.3%
Net Income	$-4,605,946	$156,811	-30.4%

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

N/A

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

$158,279

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEFF STUMBO	MANAGEMENT TRUSTEE - CHAIR	1.00	Officer Director	$0	$0	$0
BRENDAN SHANNON	MANAGEMENT TRUSTEE	1.00	Director	$0	$0	$0
CESAR BUENAVENTURA	UNION TRUSTEE	1.00	Director	$0	$0	$135,000
LIDIA GOMEZ	UNION TRUSTEE	1.00	Director	$0	$0	$2,708
MIKE TENORIO	UNION TRUSTEE	1.00	Director	$0	$0	$11,756
BREE WILCOX	MANAGEMENT TRUSTEE	1.00	Director	$0	$0	$0
PASI LAGUNA MIRAMONTES	UNION TRUSTEE	1.00	Director	$0	$0	$8,815

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
2022	$476,697	$5,082,643	No data	$-4,605,946
2021	$7,771,998	$7,615,187	$5,231,688	$156,811
2020	$7,971,114	$8,016,549	$4,881,449	$-45,435
2019	$8,102,298	$8,079,146	$4,844,225	$23,152
2018	$7,879,703	$7,496,427	$4,549,719	$383,276

SAN DIEGO TRANSIT #1309 SECURITY FUND HEALTH & WELFARE PLAN