ROCKFORD PB & PA UNIT 6 RETIREE C/O BABBITT MUNICIPALITIES (EIN 271802567) - 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

2005

Legal Domicile

Principal Officer

JOEL BABBITT

Phone

7734272064

Tax Period

2023-01-01 to 2023-12-31

ROCKFORD PB & PA UNIT 6 RETIREE C/O BABBITT MUNICIPALITIES, founded in 2005, is a community nonprofit in the Mutual Benefit sector that reported $2.1M in total revenue in fiscal year 2023. Revenue surged 222% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.4M, a strong 66% operating margin.

Mission

POST EMPLOYMENT HEALTHCARE FUNDING PLAN

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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 $565,312

Investment Income $190,027

Other Revenue $1,337,278

TOTAL REVENUE $2,092,617

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $718,842

Other Expenses $95,927

TOTAL EXPENSES $718,842

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,092,617	$649,114	+2.2%
Expenses	$718,842	$2,413,733	-0.7%
Net Income	$1,373,775	$-1,764,619	-1.8%

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
CITY OF ROCKFORD	TRUSTEE	1.00	Director	$0	$0	$0
N/A	INSTITUTIONAL TRUSTEE	0.00		$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	$2,092,617	$718,842	$9,050,162	$1,373,775
2022	$649,114	$2,413,733	$7,676,387	$-1,764,619
2021	$1,777,703	$462,703	$9,441,005	$1,315,000
2020	$1,618,539	$377,384	$8,126,005	$1,241,155
2019	$1,853,241	$376,868	$6,884,850	$1,476,373
2018	$589,114	$936,764	$5,408,477	$-347,650

ROCKFORD PB & PA UNIT 6 RETIREE C/O BABBITT MUNICIPALITIES