HOTEL AND RESTAURANT EMPLOYEES & BARTENDERS WELFARE FUND (EIN 416037086) - 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

1970

Legal Domicile

Principal Officer

AMY FOLDESI

Phone

2187284231

Tax Period

2022-01-01 to 2022-06-30

HOTEL AND RESTAURANT EMPLOYEES & BARTENDERS WELFARE FUND, founded in 1970, is a small nonprofit that reported $220K in total revenue in fiscal year 2022. Revenue fell 40% from the prior year — a significant decline worth monitoring. Expenses of $396K exceeded revenue, resulting in a 80% operating deficit.

Mission

PROVIDE HEALTH AND WELFARE BENEFITS

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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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $251,130

Investment Income $-30,879

Other Revenue $0

TOTAL REVENUE $220,251

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $72,073

TOTAL EXPENSES $396,269

Year-over-Year Comparison

	2022	2021	Change
Revenue	$220,251	$366,164	-0.4%
Expenses	$396,269	$535,941	-0.3%
Net Income	$-176,018	$-169,777	+0.0%

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

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
AMY FOLDESI	TRUSTEE - PAST	1.00	Director	$0	$0	$0
BRANDON PORTER	TRUSTEE - PAST	1.00	Director	$0	$0	$0
FRANK BURCAR	TRUSTEE - PAST	1.00	Director	$0	$0	$0
LYNETTE SIMS	TRUSTEE - PAST	1.00	Director	$0	$0	$0
AL LAFRENIER	TRUSTEE - PAST	1.00	Director	$0	$0	$0
ANTHONY ARMSTRONG	TRUSTEE - PAST	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
2022	$220,251	$396,269	No data	$-176,018
2021	$366,164	$535,941	$429,136	$-169,777
2020	$447,900	$689,982	$592,076	$-242,082
2019	$820,644	$1,047,840	$803,356	$-227,196
2018	$708,379	$949,544	$980,317	$-241,165

HOTEL AND RESTAURANT EMPLOYEES & BARTENDERS WELFARE FUND