Computer Aid Inc VEBA Trust (EIN 237668943) - 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

1990

Legal Domicile

Principal Officer

Thomas A Salvaggio

Phone

6105305000

Tax Period

2023-01-01 to 2023-12-31

Computer Aid Inc VEBA Trust, founded in 1990, is a mid-sized nonprofit that reported $11.4M in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $12.9M exceeded revenue, resulting in a 14% operating deficit.

Mission

The trust provides medical benefits to the employees of Computer Aid, Inc.

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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 $11,353,869

Investment Income $28,948

Other Revenue $0

TOTAL REVENUE $11,382,817

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $12,922,596

Other Expenses $1,511,987

TOTAL EXPENSES $12,922,596

Year-over-Year Comparison

	2023	2022	Change
Revenue	$11,382,817	$10,257,103	+0.1%
Expenses	$12,922,596	$10,339,628	+0.2%
Net Income	$-1,539,779	$-82,525	+17.7%

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

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

$4,215,326

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Thomas A Salvaggio	Trustee	N/A	Director	$0	$25,126	$4,215,326
Anthony J Salvaggio	Former Trustee	N/A		$0	$7,852	$263,937
Andrew P McIntyre	Former Trustee	N/A		$0	$20,415	$284,887

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	$11,382,817	$12,922,596	$1,142,183	$-1,539,779
2022	$10,257,103	$10,339,628	$2,339,538	$-82,525
2021	$9,229,551	$9,948,961	$2,519,156	$-719,410
2020	$10,407,305	$10,048,411	$3,310,382	$358,894

Computer Aid Inc VEBA Trust