BUILDERS & CONTRACTORS SUPPLEMENTAL INSURANCE PLAN TRUST (EIN 260782338) - 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

2007

Legal Domicile

Principal Officer

DEAN LEAVITT

Phone

8779243228

Tax Period

2024-01-01 to 2024-12-31

BUILDERS & CONTRACTORS SUPPLEMENTAL INSURANCE PLAN TRUST, founded in 2007, is a community nonprofit in the Mutual Benefit sector that reported $9.1M in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $8.2M left a modest 10% surplus.

Mission

TO PROVIDE UNEMPLOYMENT BENEFITS FOR PARTICIPANTS.

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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 $9,064,342

Investment Income $67,474

Other Revenue $0

TOTAL REVENUE $9,131,816

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,875

Fundraising Expenses $0

Program Expenses $7,964,439

Other Expenses $578,281

TOTAL EXPENSES $8,188,061

Year-over-Year Comparison

	2024	2023	Change
Revenue	$9,131,816	$7,979,795	+0.1%
Expenses	$8,188,061	$7,526,545	+0.1%
Net Income	$943,755	$453,250	+1.1%

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

1098

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
KYLE BRENNER	TRUSTEE	N/A	Director	$0	$0	$0
JACK DYKSTRA II	TRUSTEE	N/A	Director	$0	$0	$0
DEAN LEAVITT	TRUSTEE	N/A	Director	$0	$0	$0
BILLY MARTIN	TRUSTEE	N/A	Director	$0	$0	$0
SARAH MCCORMICK	TRUSTEE	N/A	Director	$0	$0	$0
STACY RICHARDSON	TRUSTEE	N/A	Director	$0	$0	$0
LORI THEISEN	TRUSTEE	N/A	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
2024	$9,131,816	$8,188,061	$7,110,905	$943,755
2023	$7,979,795	$7,526,545	$5,679,048	$453,250
2022	$7,405,331	$6,919,998	$5,046,316	$485,333
2021	$7,439,050	$7,791,155	$4,670,591	$-352,105
2020	$7,795,071	$7,800,382	$4,618,987	$-5,311
2019	$7,544,924	$7,490,371	$4,668,968	$54,553
2018	$8,562,425	$9,715,763	$4,502,279	$-1,153,338

BUILDERS & CONTRACTORS SUPPLEMENTAL INSURANCE PLAN TRUST