AMERICAN GREETINGS CORP WELFARE BENEFITS (EIN 346953323) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2004

Legal Domicile

Phone

2166893681

Tax Period

2024-03-01 to 2025-02-28

AMERICAN GREETINGS CORP WELFARE BENEFITS, founded in 2004, is a small nonprofit that reported $162K in total revenue in fiscal year 2024. Revenue fell 96% from the prior year — a significant decline worth monitoring. Expenses of $4.7M exceeded revenue, resulting in a 2788% operating deficit.

Mission

THE TRUST HEREUNDER HAS BEEN FORMED FOR THE PURPOSE OF FUNDING THE PLAN AND ANY BENEFIT PROGRAMS WHICH THE COMPANY, AMERICAN GREETINGS CORPORATION, DESIGNATES FOR INCLUSION IN THE PLAN. IT IS THE INTENTOF THE COMPANY AND THE TRUSTEE THAT THE TRUST FUND BE ADMINISTERED IN ACCORDANCE WITH THE TERMS OF THE PLAN, EXCEPT AS OTHERWISE EXPRESSLY PROVIDED IN THIS AGREEMENT. THE COMPANY ESTABLISHED THIS TRUST IN ORDER TO FACILITATE ADMINISTRATION OF THE PLAN AND TO PROVIDE EMPLOYEES WITH A GREATER SENSE OF WELFARE BENEFIT UPON RETIREMENT.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $99,300

Investment Income $62,239

Other Revenue $0

TOTAL REVENUE $161,539

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,073

Fundraising Expenses $0

Program Expenses $4,642,232

Other Expenses $22,480

TOTAL EXPENSES $4,665,785

Year-over-Year Comparison

	2024	2023	Change
Revenue	$161,539	$3,724,854	-1.0%
Expenses	$4,665,785	$16,676,290	-0.7%
Net Income	$-4,504,246	$-12,951,436	-0.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
N/A	TRUSTEE	1.0		$1,073	$0	$1,073

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
2025	$161,539	$4,665,785	No data	$-4,504,246
2024	$3,724,854	$16,676,290	$4,515,946	$-12,951,436
2023	$489,562	$3,456,183	$20,442,293	$-2,966,621
2022	$4,255,520	$6,082,255	$24,933,594	$-1,826,735

AMERICAN GREETINGS CORP WELFARE BENEFITS