THE OHIO VALLEY FLOORING GROUP MEDICAL BENEFIT TRUST (EIN 311000354) - 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

1981

Legal Domicile

Principal Officer

MATT FABIANI

Phone

5134673400

Tax Period

2024-01-01 to 2024-12-31

THE OHIO VALLEY FLOORING GROUP MEDICAL BENEFIT TRUST, founded in 1981, is a community nonprofit that reported $2.4M in total revenue in fiscal year 2024. Revenue fell 23% from the prior year — a significant decline worth monitoring. Expenses of $2.9M exceeded revenue, resulting in a 19% operating deficit.

Mission

WELFARE BENEFIT PROGRAM

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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 $2,381,259

Investment Income $15,015

Other Revenue $0

TOTAL REVENUE $2,396,274

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $2,850,428

Other Expenses $73,027

TOTAL EXPENSES $2,850,428

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,396,274	$3,093,772	-0.2%
Expenses	$2,850,428	$3,226,722	-0.1%
Net Income	$-454,154	$-132,950	+2.4%

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

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
AL HURT	PRESIDENT	1.00	Officer Director	$0	$0	$0
MATT FABIANI	SECRETARY/TREASURER	1.00	Officer 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	$2,396,274	$2,850,428	$340,839	$-454,154
2023	$3,093,772	$3,226,722	$794,993	$-132,950
2022	$2,548,682	$2,674,523	$927,943	$-125,841
2021	$2,269,744	$2,205,653	$1,057,142	$64,091
2020	$2,274,966	$2,097,173	$989,693	$177,793
2019	$2,721,062	$2,709,688	$811,900	$11,374
2018	$2,529,106	$2,232,067	$800,526	$297,039

THE OHIO VALLEY FLOORING GROUP MEDICAL BENEFIT TRUST