Tustin, CA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)CANON MEDICAL SYSTEMS USA INC SHORT-TERM DISABILITY BENEFIT PLAN, founded in 1994, is a small nonprofit that reported $598K in total revenue in fiscal year 2023. Revenue decreased 13% compared to the prior year. Net assets of $2.2M represent 45 months of operating reserves.
The principle purpose of Canon Medical Systems USA, Inc. Self-Funded Short-Term Disability Benefit Plan is to help eligible participants with financial aid in the event of a medical disability.
The Canon Medical Systems USA, Inc. Self-Funded Short Term Disability Benefit Plan Trust provides employees with replacement income in the event an employee becomes disabled and is unable to work for...
The Canon Medical Systems USA, Inc. Self-Funded Short Term Disability Benefit Plan Trust provides employees with replacement income in the event an employee becomes disabled and is unable to work for a period of time. The trust is funded solely with employee contributions at a rate of 1.1% of gross wages, less Section 125 deductions, subject to annual maximum contribution of $1,378.48. Benefit, under the plan are 65% to 70% of gross weekly pay, depending on employee classifications, with a minimum weekly benefit of $50 and a maximum weekly benefit of $4,312.50. As of the end of current plan year December 31, 2023, 531 employees actively participated in the plan, compared to 549 in the year ending December 31, 2022.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $597,924 | $690,964 | -0.1% |
| Expenses | $631,720 | $474,845 | +0.3% |
| Net Income | $-33,796 | $216,119 | -1.2% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Yuji Hamada | Trustee | 0 |
Officer
Director
|
$0 | $0 | $267,660 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $597,924 | $631,720 | $2,577,246 | $-33,796 |
| 2022 | $690,964 | $474,845 | $2,368,420 | $216,119 |
| 2021 | $658,227 | $326,760 | $2,176,229 | $331,467 |
| 2020 | $525,750 | $465,393 | $1,918,314 | $60,357 |
Compare CANON MEDICAL SYSTEMS USA INC SHORT-TERM DISABILITY BENEFIT PLAN with other nonprofits in California and across the country.