BKS Employee Benefits Trust Inc (EIN 271395316) - 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

2009

Legal Domicile

Principal Officer

Peter D Didio Jr

Phone

7852918777

Tax Period

2023-01-01 to 2023-12-31

BKS Employee Benefits Trust Inc, founded in 2009, is a mid-sized nonprofit in the Mutual Benefit sector that reported $40.1M in total revenue in fiscal year 2023. Revenue surged 21% from the prior year, signaling strong growth momentum.

Mission

BKS Employee Benefits Trust, Inc. shall establish and maintain one or more health and welfare plans for the payment of life, sickness, accident and other similar benefits which shall constitute an employee welfare benefit plan within the meaning of the Employee Retirement Income Security Act of 1974.

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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 $39,960,971

Investment Income $96,177

Other Revenue $0

TOTAL REVENUE $40,057,148

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $24,558

TOTAL EXPENSES $39,383,211

Year-over-Year Comparison

	2023	2022	Change
Revenue	$40,057,148	$33,019,265	+0.2%
Expenses	$39,383,211	$34,456,183	+0.1%
Net Income	$673,937	$-1,436,918	-1.5%

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

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

$956,223

Total Directors

$956,223

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Nicki Flanagan	President	0.00		$0	$18,353	$552,921
Peter D Didio	Treasurer	1.00	Officer Director	$0	$38,931	$350,163
Connie Fulton	President	1.50	Officer Director	$0	$21,006	$252,049
Shelley King	Secretary	0.50	Officer Director	$0	$33,156	$236,275
Sarah Peterson-Herr	Secretary	0.50	Officer Director	$0	$17,234	$117,736

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	$40,057,148	$39,383,211	$8,393,332	$673,937
2022	$33,019,265	$34,456,183	$7,483,439	$-1,436,918
2021	$35,146,223	$32,677,867	$8,864,934	$2,468,356
2020	$32,148,646	$29,165,693	$6,649,250	$2,982,953

BKS Employee Benefits Trust Inc