ALLIED GOVERNMENT SOLUTIONS HEALTH & WELFARE TRUST (EIN 367708874) - 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

2018

Legal Domicile

Principal Officer

ROY ABOODY

Phone

6035909993

Tax Period

2023-01-01 to 2023-12-31

ALLIED GOVERNMENT SOLUTIONS HEALTH & WELFARE TRUST, founded in 2018, is a small nonprofit in the Mutual Benefit sector that reported $989K in total revenue in fiscal year 2023. Revenue decreased 17% compared to the prior year. Expenses of $875K left a modest 11% surplus.

Mission

THE TRUST PROVIDES FRINGE BENEFITS TO EMPLOYEES COVERED BY THE SERVICE CONTRACT ACT. EMPLOYEE BENEFITS, INCLUDING HEALTH, DENTAL, VISION, LIFE AND SHORT TERM DISABILITY INSURANCE AND PAID TIME OFF ARE REQUIRED TO MEET MINIMUM PREVAILING WAGE RATES AS REQUIRED UNDER THE ACT.

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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 $988,640

Investment Income $0

Other Revenue $0

TOTAL REVENUE $988,640

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $875,031

Other Expenses $47,464

TOTAL EXPENSES $875,031

Year-over-Year Comparison

	2023	2022	Change
Revenue	$988,640	$1,186,709	-0.2%
Expenses	$875,031	$1,123,637	-0.2%
Net Income	$113,609	$63,072	+0.8%

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

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
ALLISON ABOODY	TRUSTEE	2.00	Director	$0	$0	$0
ROY ABOODY	TRUSTEE	4.00	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	No data	No data	No data	No data
2023	$988,640	$875,031	$549,329	$113,609
2022	$1,186,709	$1,123,637	$412,086	$63,072
2021	$675,581	$608,742	$164,376	$66,839
2020	$925,446	$920,436	$90,943	$5,010
2019	$1,166,727	$1,189,516	$182,631	$-22,789

ALLIED GOVERNMENT SOLUTIONS HEALTH & WELFARE TRUST