THE LINCOLN ELECTRIC COMPANY TRUST (EIN 341768513) - 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

1998

Legal Domicile

Tax Period

2023-06-01 to 2024-05-31

THE LINCOLN ELECTRIC COMPANY TRUST, founded in 1998, is a micro nonprofit that reported $27K in total revenue in fiscal year 2023. Revenue fell 84% from the prior year — a significant decline worth monitoring. Expenses of $497K exceeded revenue, resulting in a 1727% operating deficit.

Mission

PRIMARY MISSION IS TO PROVIDE BENEFITS TO SICK AND INJURY RELATED ABSENCES WHICH ARE UNPAID BY THE EMPLOYER. THE VOLUNTARY FUNDING OF ATHLETIC LEAGUES, EVENTS, AND SOCIAL ACTIVITIES IS A SECONDARY BENEFIT.

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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 $27,195

Program Service Revenue $0

Investment Income $9

Other Revenue $0

TOTAL REVENUE $27,204

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $497,019

Other Expenses $65,894

TOTAL EXPENSES $497,019

Year-over-Year Comparison

	2023	2022	Change
Revenue	$27,204	$175,418	-0.8%
Expenses	$497,019	$154,307	+2.2%
Net Income	$-469,815	$21,111	-23.3%

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

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
FRANK KEINATH	VICE PRESIDENT	28.00	Director	$0	$0	$0
WESLEY JOHNSON	ADVISOR	22.00	Officer Director	$0	$0	$0
MARK DINISHAK	TRUSTEE	78.00		$0	$0	$0
MARGRET FRY	SECRETARY	32.00	Officer	$0	$0	$0
RODNEY BENNETT	PRESIDENT	10.00	Officer	$0	$0	$0
MICHAEL RAIKES	TREASURER	42.00	Officer	$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	$27,204	$497,019	No data	$-469,815
2023	$175,418	$154,307	$474,648	$21,111
2022	$202,181	$196,258	$436,592	$5,923
2021	$215,382	$227,232	$430,754	$-11,850

THE LINCOLN ELECTRIC COMPANY TRUST