WW GRAINGER INC GROUP BENEFIT TRUST III (EIN 363857321) - 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

1981

Legal Domicile

Principal Officer

JAY FEECE

Phone

8475351096

Tax Period

2023-01-01 to 2023-12-31

WW GRAINGER INC GROUP BENEFIT TRUST III, founded in 1981, is a community nonprofit that reported $6.4M in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $7.6M exceeded revenue, resulting in a 19% operating deficit.

Mission

PROVIDE LTD AND OPTIONAL LIFE BENEFITS TO PARTICIPANTS

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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 $0

Program Service Revenue $6,324,823

Investment Income $32,089

Other Revenue $0

TOTAL REVENUE $6,356,912

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $7,551,270

TOTAL EXPENSES $7,551,270

Year-over-Year Comparison

	2023	2022	Change
Revenue	$6,356,912	$5,805,316	+0.1%
Expenses	$7,551,270	$6,820,747	+0.1%
Net Income	$-1,194,358	$-1,015,431	+0.2%

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

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

$3,940,081

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LAURIE THOMSON	TRUSTEE	1.0	Director	$0	$49,733	$2,107,691
JAY FEECE	TRUSTEE	1.0	Director	$0	$54,938	$888,909
ARIF AHMED	TRUSTEE	1.0	Director	$0	$31,597	$560,278
LISA THOMPSON	TRUSTEE	1.0	Director	$0	$24,723	$369,703
Scott Lupien	TRUSTEE	1.0	Director	$0	$0	$13,500

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
2023	$6,356,912	$7,551,270	No data	$-1,194,358
2022	$5,805,316	$6,820,747	$1,744,485	$-1,015,431
2021	$5,286,239	$6,050,937	$2,759,916	$-764,698
2020	$5,780,542	$5,878,092	$3,524,614	$-97,550

WW GRAINGER INC GROUP BENEFIT TRUST III