PLAN A HEALTH CARE PLAN TRUST

EIN: 367742028 Mutual Benefit

GALESBURG, IL

Total Revenue
$10,175,137
Total Expenses
$10,732,970
Total Assets
$1,738,417
Net Assets
$285,344
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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
2019
Legal Domicile
IL
Principal Officer
BRIAN BURGER
Phone
3093431550
Tax Period
2023-11-01 to 2024-10-31

PLAN A HEALTH CARE PLAN TRUST, founded in 2019, is a mid-sized nonprofit in the Mutual Benefit sector that reported $10.2M in total revenue in fiscal year 2023. Revenue surged 32% from the prior year, signaling strong growth momentum.

Mission

TO PROVIDE MEDICAL, SHORT-TERM DISABILITY & DEATH BENEFITS FOR ELIGIBLE EMPLOYEES & DEPENDENTS.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $10,107,028
Investment Income $68,109
Other Revenue $0
TOTAL REVENUE $10,175,137

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $1,695,716
TOTAL EXPENSES $10,732,970

Year-over-Year Comparison

2023 2022 Change
Revenue $10,175,137 $7,720,479 +0.3%
Expenses $10,732,970 $9,951,581 +0.1%
Net Income $-557,833 $-2,231,102 -0.7%
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

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Governance

Voting Members
2
Independent Members
2
Employees
N/A
Volunteers
2

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
0
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RONALD WILSON TRUSTEE 1.00
Director
$0 $0 $0
BRIAN BURGER 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 $10,175,137 $10,732,970 $1,738,417 $-557,833
2023 $7,720,479 $9,951,581 $2,738,825 $-2,231,102
2022 $7,793,117 $8,383,884 $4,134,120 $-590,767
2022 $7,793,117 $8,383,884 $4,134,120 $-590,767
2021 $9,148,084 $8,704,392 $4,594,498 $443,692
2020 $10,560,336 $10,866,895 $4,319,082 $-306,559
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