PENN ALLEGHENY COAL UNFUNDED WELFA… - 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

1992

Legal Domicile

Principal Officer

DAVID TESONE

Phone

7244435925

Tax Period

2023-01-01 to 2023-12-31

PENN ALLEGHENY COAL UNFUNDED WELFARE BENEFIT PLAN, founded in 1992, is a small nonprofit that reported $265K in total revenue in fiscal year 2023.

Mission

TO PROVIDE HEALTH INSURANCE AND MEDICAL EXPENSES FOR RETIRED MINERS.

Program Service Accomplishments

Program 1

Expenses: $274,334

THE TRUST PAID HEALTH INSURANCE PREMIUMS AND DIRECT MEDICAL COSTS FOR RETIRED MINERS, ORPHANS AND DEPENDENTS IN ACCORDANCE WITH FEDERAL STATUTES.

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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 $265,000

Investment Income $0

Other Revenue $0

TOTAL REVENUE $265,000

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $274,334

Other Expenses $0

TOTAL EXPENSES $274,334

Year-over-Year Comparison

	2023	2022	Change
Revenue	$265,000	$270,000	0.0%
Expenses	$274,334	$290,181	-0.1%
Net Income	$-9,334	$-20,181	-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

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JONI L NORTON	SECRETARY	2.00	Officer Director	$0	$0	$0
ANTHONY TESONE	DIRECTOR	1.00	Officer Director	$0	$0	$0
DAVID TESONE	DIRECTOR	1.00	Director	$0	$0	$0
CHERYL TESONE	DIRECTOR	1.00	Officer	$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
2024	No data	No data	No data	No data
2023	$265,000	$274,334	$25,107	$-9,334
2022	$270,000	$290,181	$34,441	$-20,181
2021	$349,000	$346,691	$54,622	$2,309
2020	$363,000	$323,861	$52,313	$39,139
2019	$440,000	$441,504	$13,174	$-1,504
2018	$478,000	$472,390	$14,678	$5,610

PENN ALLEGHENY COAL UNFUNDED WELFARE BENEFIT PLAN