BEST ONE TIRE I-I-M EMPLOYEES' BENEFICIARY TRUST (EIN 266165914) - 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

Phone

2606926171

Tax Period

2023-01-01 to 2023-12-31

BEST ONE TIRE I-I-M EMPLOYEES' BENEFICIARY TRUST, founded in 2007, is a mid-sized nonprofit in the Mutual Benefit sector that reported $13.0M in total revenue in fiscal year 2023. Revenue grew 17% year-over-year, indicating healthy expansion.

Mission

FUND THE PAYMENT OF HEALTH, LIFE, & SHORT TERM DISABILITY COVERAGE BENEFITS FOR ELIGIBLE EMPLOYEES, THEIR SPOUSES, & DEPENDENTS IN THE STATES OF INDIANA, ILLINOIS, & MICHIGAN.

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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 $12,926,553

Investment Income $35,155

Other Revenue $0

TOTAL REVENUE $12,961,708

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $0

Other Expenses $4,675,868

TOTAL EXPENSES $14,123,422

Year-over-Year Comparison

	2023	2022	Change
Revenue	$12,961,708	$11,035,454	+0.2%
Expenses	$14,123,422	$13,241,488	+0.1%
Net Income	$-1,161,714	$-2,206,034	-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

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
N/A	TRUSTEE	5.0	Director	$0	$0	$0
N/A	TRUSTEE	5.0	Director	$0	$0	$0
N/A	CHAIRMAN	5.0	Director	$0	$0	$0
N/A	TRUSTEE	5.0	Director	$0	$0	$0
N/A	TRUSTEE	5.0	Director	$0	$0	$0
N/A	TRUSTEE	5.0	Director	$0	$0	$0
N/A	TRUSTEE	5.0	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	No data	No data	No data	No data
2023	$12,961,708	$14,123,422	$1,100,618	$-1,161,714
2022	$11,035,454	$13,241,488	$2,262,332	$-2,206,034
2021	$12,755,645	$11,219,432	$4,468,366	$1,536,213
2020	$12,270,743	$10,523,246	$2,932,153	$1,747,497
2019	$12,692,969	$13,973,033	$1,184,656	$-1,280,064
2018	$11,716,481	$11,236,327	$2,464,720	$480,154

BEST ONE TIRE I-I-M EMPLOYEES' BENEFICIARY TRUST