TWIN DISC INC SUPPLEMENTAL UNEMPLOYMENT BENEFITS PLAN (EIN 392047114) - 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

2004

Legal Domicile

Principal Officer

Brian Plemel

Phone

2626384000

Tax Period

2021-01-01 to 2021-09-30

TWIN DISC INC SUPPLEMENTAL UNEMPLOYMENT BENEFITS PLAN, founded in 2004, is a micro nonprofit that reported $1 in total revenue in fiscal year 2021. Revenue fell 100% from the prior year — a significant decline worth monitoring. Expenses of $30K exceeded revenue, resulting in a 2954900% operating deficit.

Mission

The Plan was frozen as of December 31, 2018 and will no longer provide supplemental unemployment benefits. The Plan used its remaining assets to pay for enhanced paid-time off for participants under the Plan. The Plan was terminated April 27, 2021. All assets in the Plan have been paid out, subject to provisions of ERISA, as of September 30, 2021.

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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 (2021)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $1

Other Revenue $0

TOTAL REVENUE $1

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $28,850

Other Expenses $700

TOTAL EXPENSES $29,550

Year-over-Year Comparison

	2021	2020	Change
Revenue	$1	$313	-1.0%
Expenses	$29,550	$102,427	-0.7%
Net Income	$-29,549	$-102,114	-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

Governance

Voting Members

N/A

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
N/A	Trustee	40		$700	$0	$700

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
2021	$1	$29,550	No data	$-29,549
2020	$313	$102,427	$30,250	$-102,114

TWIN DISC INC SUPPLEMENTAL UNEMPLOYMENT BENEFITS PLAN