ELECTRIC ENERGY INC EMPLOYEE BENEFIT FUND (EIN 371318654) - 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

1993

Legal Domicile

Principal Officer

CARRIE KIRBY

Phone

2148128880

Tax Period

2023-01-01 to 2023-12-31

ELECTRIC ENERGY INC EMPLOYEE BENEFIT FUND, founded in 1993, is a micro nonprofit that reported $238K in total revenue in fiscal year 2023.

Mission

THE EXEMPT PURPOSE ACHIEVEMENT IS PROVIDING HEALTH BENEFITS AND LIFE INSURANCE TO MEMBERS THROUGH THIS IRC SECTION 501(C)(9) VOLUNTARY EMPLOYEE BENEFICIARY ASSOCIATION (VEBA).

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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 $0

Investment Income $-238,095

Other Revenue $0

TOTAL REVENUE $-238,095

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $211,696

Other Expenses $-295,021

TOTAL EXPENSES $211,696

Year-over-Year Comparison

	2023	2022	Change
Revenue	$-238,095	$-1,496,027	-0.8%
Expenses	$211,696	$2,831,555	-0.9%
Net Income	$-449,791	$-4,327,582	-0.9%

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CARRIE KIRBY	CHAIR	0.10	Officer Director	$0	$0	$0
KEN PETERS	BOARD MEMBER	0.10	Director	$0	$0	$0
BARRY BOSWELL	BOARD MEMBER	0.10	Director	$0	$0	$0
RUBEN GARCIA ESPEJO	BOARD MEMBER	0.10	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	$-238,095	$211,696	$6,964,963	$-449,791
2022	$-1,496,027	$2,831,555	$6,481,286	$-4,327,582
2021	$1,808,891	$961,307	$11,452,453	$847,584
2020	$358,301	$884,199	$12,081,084	$-525,898
2019	$355,261	$546,003	$11,968,242	$-190,742
2018	$752,586	$1,418,211	$10,992,858	$-665,625

ELECTRIC ENERGY INC EMPLOYEE BENEFIT FUND