LAKELAND EMPLOYEES TRUST FUND (EIN 237361735) - 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

1971

Legal Domicile

Principal Officer

ROBERT TORRIERI

Phone

9145282843

Tax Period

2024-01-01 to 2024-12-31

LAKELAND EMPLOYEES TRUST FUND, founded in 1971, is a small nonprofit that reported $976K in total revenue in fiscal year 2024. The organization ran a surplus of $149K, a strong 15% operating margin.

Mission

PAY SUPPLEMENTAL HEALTH BENEFITS FOR 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 $960,116

Investment Income $16,047

Other Revenue $0

TOTAL REVENUE $976,163

Expense Breakdown

Grants Paid $0

Salaries & Benefits $87,824

Fundraising Expenses $0

Program Expenses $708,156

Other Expenses $31,555

TOTAL EXPENSES $827,535

Year-over-Year Comparison

	2024	2023	Change
Revenue	$976,163	$1,016,655	0.0%
Expenses	$827,535	$919,291	-0.1%
Net Income	$148,628	$97,364	+0.5%

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

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

$26,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL LILLIS	TRUSTEE	1.00	Director	$0	$0	$0
MICHELLE POANDL	TRUSTEE	1.00	Director	$0	$0	$0
BARBARA DELLON	TRUSTEE	1.00	Director	$0	$0	$0
MICHAEL MAHONEY	TRUSTEE	1.00	Director	$0	$0	$0
CHRISTOPHER CUMMINGS	TRUSTEE	1.00	Director	$0	$0	$0
ROBERT TORRIERI	ADMINISTRATOR	10.00	Officer	$26,000	$0	$26,000

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	$976,163	$827,535	$1,072,623	$148,628
2023	$1,016,655	$919,291	$935,650	$97,364
2022	$902,244	$923,440	$839,506	$-21,196
2021	$1,011,761	$958,761	$863,885	$53,000
2020	$896,845	$704,589	$786,043	$192,256
2019	$816,770	$865,194	$643,421	$-48,424
2018	$883,262	$870,902	$692,352	$12,360

LAKELAND EMPLOYEES TRUST FUND