American Airlines Inc Group Health… - Form 990 Financial Data

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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

2013

Legal Domicile

Principal Officer

LEKRESA BROWN

Phone

6822780383

Tax Period

2023-01-01 to 2023-12-31

American Airlines Inc Group Health Benefits Trust for Retirees, founded in 2013, is a small nonprofit in the Mutual Benefit sector that reported $714K in total revenue in fiscal year 2023. Revenue decreased 9% compared to the prior year. Expenses of $1.2M exceeded revenue, resulting in a 63% operating deficit.

Mission

THE COMPANY HAS ADOPTED AND ESTABLISHED THE AMERICAN AIRLINES, INC. HEALTH AND LIFE PLAN FOR RETIREES TO PROVIDE HEALTH COVERAGE FOR EMPLOYEES WHO RETIRE AFTER NOVEMBER 1, 2012.

Program Service Accomplishments

Program 1

PROVIDE PAYMENT OF HEALTH BENEFITS TO PLAN PARTICIPANTS. BENEFITS ARE FUNDED BY EMPLOYEE CONTRIBUTIONS. PLAN PARTICIPANTS ARE EMPLOYEES WHO RETIRE AFTER NOVEMBER 1, 2012 AND ARE UNDER THE AGE OF 65.

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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 $699,625

Investment Income $14,330

Other Revenue $0

TOTAL REVENUE $713,955

Expense Breakdown

Grants Paid $0

Salaries & Benefits $504

Fundraising Expenses $0

Other Expenses $38,551

TOTAL EXPENSES $1,160,275

Year-over-Year Comparison

	2023	2022	Change
Revenue	$713,955	$785,672	-0.1%
Expenses	$1,160,275	$771,098	+0.5%
Net Income	$-446,320	$14,574	-31.6%

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
STATE STREET BANK TRUST CO	TRUSTEE (SEE SCHEDULE O)	0.0		$504	$0	$504

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	$713,955	$1,160,275	$-1,771	$-446,320
2022	$785,672	$771,098	$444,549	$14,574
2021	$735,862	$902,068	$429,975	$-166,206
2020	$814,945	$708,852	$596,181	$106,093
2019	$874,941	$497,837	$490,088	$377,104
2018	$519,756	$751,353	$112,984	$-231,597

American Airlines Inc Group Health Benefits Trust for Retirees