THE ACKERMAN EMPLOYEE BENEFIT TRUST (EIN 352034595) - 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

1998

Legal Domicile

Principal Officer

MICHAEL E ACKERMAN

Phone

8123789960

Tax Period

2023-11-01 to 2024-10-31

THE ACKERMAN EMPLOYEE BENEFIT TRUST, founded in 1998, is a small nonprofit in the Mutual Benefit sector that reported $521K in total revenue in fiscal year 2023. The organization ran a surplus of $153K, a strong 29% operating margin.

Mission

THE SOLE PURPOSE OF MAINTAINING THIS TAX-EXEMPT TRUST IS TO PROVIDE BENEFITS AS COVERED BY THE APPROVED PLAN FOR ALL ELIGIBLE EMPLOYEES ON A NON-DISCRIMINATORY BASIS. THE EMPLOYER, ACTIVE EMPLOYEES, AND ELIGIBLE COBRA BENEFICIARIES CONTRIBUTE.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $475,421

Investment Income $38,286

Other Revenue $6,999

TOTAL REVENUE $520,706

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $342,011

Other Expenses $201,613

TOTAL EXPENSES $367,732

Year-over-Year Comparison

	2023	2022	Change
Revenue	$520,706	$498,829	+0.0%
Expenses	$367,732	$365,447	+0.0%
Net Income	$152,974	$133,382	+0.1%

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

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
MICHAEL E ACKERMAN	TRUSTEE	1.00	Officer Director	$0	$0	$0
PAUL T GRAMMER	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
2024	$520,706	$367,732	$1,033,698	$152,974
2023	$498,829	$365,447	$917,988	$133,382
2022	$441,786	$430,439	$776,412	$11,347
2021	$653,467	$365,913	$735,497	$287,554
2020	$732,522	$583,658	$458,943	$148,864
2019	$571,667	$727,900	$327,079	$-156,233
2018	$517,636	$538,968	$476,312	$-21,332

THE ACKERMAN EMPLOYEE BENEFIT TRUST