TWIN CITIES BAKERY WORKERS H & W FD (EIN 411400411) - 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

1981

Legal Domicile

Tax Period

2023-10-01 to 2024-09-30

TWIN CITIES BAKERY WORKERS H & W FD, founded in 1981, is a mid-sized nonprofit that reported $12.9M in total revenue in fiscal year 2023.

Mission

ESTABLISHMENT OF A HEALTH AND WELFARE FUND UNDER WHICH EMPLOYERS OF UNION MEMBERS CONTRIBUTE SPECIFIED AMOUNTS TO THE FUND ON BEHALF OF ELIGIBLE EMPLOYEES. THE FUND PROVIDES HOSPITAL, MEDICAL, WEEKLY DISABILITY, DENTAL, DEATH, AND PHARMACEUTICAL BENEFITS TO PARTICIPANTS

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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 $12,830,059

Investment Income $114,784

Other Revenue $0

TOTAL REVENUE $12,944,843

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $12,826,406

Other Expenses $437,514

TOTAL EXPENSES $12,826,406

Year-over-Year Comparison

	2023	2022	Change
Revenue	$12,944,843	$12,066,150	+0.1%
Expenses	$12,826,406	$11,807,329	+0.1%
Net Income	$118,437	$258,821	-0.5%

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

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
JAMES RUTTEN	UNION TRUSTEE	1.00	Director	$0	$0	$1
RENEE ALMBERG	UNION TRUSTEE	1.00	Director	$0	$0	$1
WALTER BORGAN	SECRETARYUNION TRUSTEE	1.00	Officer Director	$0	$0	$1
PATRICIA ALTON BAKER	EMPLOYER TRUSTEE	1.00	Director	$0	$0	$0
TRACE BENSON	EMPLOYER TRUSTEE	1.00	Director	$0	$0	$0
BEN SCHULTES	CHAIRPERSONEMPLOYER TRUSTEE	1.00	Officer 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	$12,944,843	$12,826,406	$4,117,792	$118,437
2023	$12,062,889	$11,793,896	$3,971,817	$268,993
2023	$12,066,150	$11,807,329	$3,983,798	$258,821
2022	$12,024,576	$11,507,404	$3,676,099	$517,172
2021	$12,238,958	$12,724,550	$3,154,286	$-485,592
2020	$11,205,051	$11,376,881	$3,621,142	$-171,830
2019	$10,625,662	$10,999,434	$3,816,439	$-373,772
2018	$9,942,370	$10,166,840	$4,184,917	$-224,470

TWIN CITIES BAKERY WORKERS H & W FD