MRT WELFARE BENEFIT TRUST (EIN 367374467) - 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

1997

Legal Domicile

Principal Officer

BRAD TUTUNJIAN

Phone

7132071111

Tax Period

2023-01-01 to 2023-12-31

MRT WELFARE BENEFIT TRUST, founded in 1997, is a small nonprofit in the Mutual Benefit sector that reported $259K in total revenue in fiscal year 2023. The organization ran a surplus of $52K, a strong 20% operating margin.

Mission

THE TRUST WAS ESTABLISHED IN ORDER TO RECEIVE CONTRIBUTIONS FROM THE COMPANY AND TO PAY FOR HEALTH AND WELFARE BENEFITS FOR ELIGIBLE RETIRED EMPLOYEES OF THE COMPANY AND THEIR DEPENDENTS.

🔒

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 $62,395

Investment Income $196,569

Other Revenue $0

TOTAL REVENUE $258,964

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $199,624

Other Expenses $158,756

TOTAL EXPENSES $207,422

Year-over-Year Comparison

	2023	2022	Change
Revenue	$258,964	$254,972	+0.0%
Expenses	$207,422	$228,668	-0.1%
Net Income	$51,542	$26,304	+1.0%

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
BRAD TUTUNJIAN	CHAIRMAN	1.00	Director	$0	$0	$0
BERTHA VILLATORO	COMMITTEE MEMBER	1.00	Director	$0	$0	$0
NATHAN BROWNELL	COMMITTEE MEMBER	1.00	Director	$0	$0	$0
RICHARD C LEGER	COMMITTEE MEMBER	1.00	Director	$0	$0	$0
JACQUELINE M RICHERT	COMMITTEE MEMBER	1.00	Director	$0	$0	$0
N/A	TRUSTEE	1.00		$2,970	$0	$2,970
STEPHANY LIN-ABNEY	SECRETARY	1.00	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	No data	No data	No data	No data
2023	$258,964	$207,422	$7,637,518	$51,542
2022	$254,972	$228,668	$7,092,581	$26,304
2021	$291,067	$183,551	$7,946,011	$107,516
2020	$292,216	$199,081	$7,596,652	$93,135
2019	$303,353	$276,197	$7,108,167	$27,156
2018	$330,035	$435,722	$6,532,161	$-105,687

MRT WELFARE BENEFIT TRUST