BURGESS & NIPLE EMPLOYEE BENEFIT TRUST (EIN 311040732) - 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

1982

Legal Domicile

Principal Officer

BENJAMIN NYE

Phone

6144597272

Tax Period

2024-01-01 to 2024-12-31

BURGESS & NIPLE EMPLOYEE BENEFIT TRUST, founded in 1982, is a community nonprofit that reported $7.2M in total revenue in fiscal year 2024. Revenue surged 24% from the prior year, signaling strong growth momentum.

Mission

TO PROVIDE MEDICAL, DENTAL, PRESCRIPTION DRUGS, DISABILITY AND LIFE INSURANCE TO EMPLOYEES OF BURGESS & NIPLE, INC.

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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 $7,175,179

Investment Income $50,833

Other Revenue $0

TOTAL REVENUE $7,226,012

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $44,857

TOTAL EXPENSES $7,651,687

Year-over-Year Comparison

	2024	2023	Change
Revenue	$7,226,012	$5,840,300	+0.2%
Expenses	$7,651,687	$6,440,870	+0.2%
Net Income	$-425,675	$-600,570	-0.3%

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
BENJAMIN NYE	DIRECTOR, ACCOUNTING	1.00	Director	$0	$0	$0
MICHELLE JENKS	DIRECTOR, HUMAN RESOURCES	1.00	Director	$0	$0	$0
KEN SPONAUGLE	EXECUTIVE VICE PRESIDENT	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	$7,226,012	$7,651,687	$1,342,353	$-425,675
2023	$5,840,300	$6,440,870	$1,687,641	$-600,570
2022	$4,700,451	$5,275,334	$2,153,418	$-574,883
2021	$5,024,010	$4,915,087	$2,728,301	$108,923
2020	$4,573,976	$3,961,826	$2,490,585	$612,150
2019	$3,888,493	$3,957,087	$1,807,975	$-68,594
2018	$3,914,247	$3,961,573	$1,876,569	$-47,326

BURGESS & NIPLE EMPLOYEE BENEFIT TRUST