EDGEMONT TEACHERS ASSOCIATION INSU… - Form 990 Financial Data

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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

1973

Legal Domicile

Principal Officer

SHARON BAYLIS

Phone

9147251500

Tax Period

2024-07-01 to 2025-06-30

EDGEMONT TEACHERS ASSOCIATION INSURANCE TRUST FUND, founded in 1973, is a small nonprofit that reported $510K in total revenue in fiscal year 2024.

Mission

TO PROVIDE HEALTH AND WELFARE BENEFITS TO COVERED EMPLOYEES.

Program Service Accomplishments

Program 1

THE FUND'S PRIMARY EXEMPT PURPOSE IS TO PROVIDE EXCESS MEDICAL, DENTAL, VISION, LONG TERM DISABILITY AND LIFE INSURANCE BENEFITS TO ELIGIBLE PARTICIPANTS. THE ESTIMATED NUMBER OF PARTICIPANTS IS 210.

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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 $507,722

Investment Income $2,350

Other Revenue $0

TOTAL REVENUE $510,072

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $32,464

TOTAL EXPENSES $518,775

Year-over-Year Comparison

	2024	2023	Change
Revenue	$510,072	$509,546	+0.0%
Expenses	$518,775	$554,056	-0.1%
Net Income	$-8,703	$-44,510	-0.8%

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

$1,500

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SHARON BAYLIS	TRUSTEE	0.50	Director	$0	$0	$1,500
JULIE SHELTON	TRUSTEE	0.50	Director	$0	$0	$0
MELANIE GOMEZ	TRUSTEE	0.50	Director	$0	$0	$0
PAUL GOOD	TRUSTEE - FORMER	0.50	Director	$0	$0	$0
JAYNE JACOBS	TRUSTEE - FORMER	0.50	Director	$0	$0	$0
ELIZABETH DAVIDSON	TRUSTEE	0.50	Director	$0	$0	$0
RACHEL SCANLON	TRUSTEE	0.50	Director	$0	$0	$0
JOHN SCUTERO	TRUSTEE	0.50	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
2025	$510,072	$518,775	$80,239	$-8,703
2024	No data	No data	No data	No data
2023	$471,258	$537,470	$109,236	$-66,212
2022	$470,803	$531,597	$168,664	$-60,794
2021	$448,096	$470,884	$228,282	$-22,788
2020	$452,973	$402,520	$248,005	$50,453
2019	$428,650	$500,277	$196,556	$-71,627
2018	$405,599	$404,573	$268,869	$1,026

EDGEMONT TEACHERS ASSOCIATION INSURANCE TRUST FUND