PAX MACHINE WORKS INC EMPLOYEE BEN… - Form 990 Financial Data

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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

1990

Legal Domicile

Principal Officer

MICHAEL J PAX

Phone

4195862337

Tax Period

2019-10-01 to 2020-09-30

PAX MACHINE WORKS INC EMPLOYEE BENEFIT TRUST, founded in 1990, is a community nonprofit that reported $1.8M in total revenue in fiscal year 2019. Revenue decreased 15% compared to the prior year.

Mission

HEALTH AND WELFARE BENEFITS AND INSURANCE PREMIUMS PAID TO OR ON BEHALF OF PARTICIPATING EMPLOYEES.

Program Service Accomplishments

Program 1

Expenses: $1,112,785

HEALTH AND WELFARE BENEFITS AND INSURANCE PREMIUMS PAID TO OR ON BEHALF OF PARTICIPATING EMPLOYEES.

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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 (2019)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,804,169

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,804,169

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,112,785

Other Expenses $775,689

TOTAL EXPENSES $1,888,474

Year-over-Year Comparison

	2019	2018	Change
Revenue	$1,804,169	$2,134,827	-0.2%
Expenses	$1,888,474	$2,175,477	-0.1%
Net Income	$-84,305	$-40,650	+1.1%

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

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
CAROL KNAPKE	TRUSTEE	3.00	Director	$0	$0	$0
JEFFREY M PAX	TRUSTEE	1.00	Director	$0	$0	$0
MICHAEL J PAX	TRUSTEE	2.00	Director	$0	$0	$0
SHERRY WAPPLEHORST	TRUSTEE	1.00	Director	$0	$0	$0
RUTH WYNK	TRUSTEE	1.00	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
2020	$1,804,169	$1,888,474	No data	$-84,305
2019	$2,134,827	$2,175,477	$150,050	$-40,650

PAX MACHINE WORKS INC EMPLOYEE BENEFIT TRUST