STAR TELEPHONE MEMBERSHIP CORPORATION RETIREE WELFARE BENEFITS PLAN AND TRUST (EIN 455088790) - 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

2012

Legal Domicile

Principal Officer

DONNA BULLARD

Phone

9105647869

Tax Period

2023-01-01 to 2023-12-31

STAR TELEPHONE MEMBERSHIP CORPORATION RETIREE WELFARE BENEFITS PLAN AND TRUST, founded in 2012, is a community nonprofit in the Mutual Benefit sector that reported $1.8M in total revenue in fiscal year 2023. Revenue surged 23% from the prior year, signaling strong growth momentum. Expenses of $3.4M exceeded revenue, resulting in a 88% operating deficit.

Mission

THE ORGANIZATION PROVIDES CERTAIN MEDICAL, DENTAL AND LIFE INSURANCE BENEFITS FOR THE ELIGIBLE RETIREES OF STAR TELEPHONE MEMBERSHIP CORPORATION AND DEPENDENTS.

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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 $1,146,573

Investment Income $635,571

Other Revenue $0

TOTAL REVENUE $1,782,144

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $3,181,966

Other Expenses $2,384,953

TOTAL EXPENSES $3,356,746

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,782,144	$1,451,451	+0.2%
Expenses	$3,356,746	$952,851	+2.5%
Net Income	$-1,574,602	$498,600	-4.2%

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
DONNA BULLARD	TRUSTEE	1.00	Director	$0	$0	$0
THURMAN L SMITH	TRUSTEE	0.00	Director	$0	$0	$0
ROBERT L THORNTON	TRUSTEE	0.00	Director	$0	$0	$0
JACK BOWEN	TRUSTEE	0.00	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
2024	No data	No data	No data	No data
2023	$1,782,144	$3,356,746	$20,831,169	$-1,574,602
2022	$1,451,451	$952,851	$19,920,978	$498,600
2021	$3,640,633	$962,444	$23,362,671	$2,678,189
2020	$1,897,219	$1,091,250	$20,545,270	$805,969
2019	$1,463,299	$1,017,414	$17,730,454	$445,885
2018	$1,641,393	$688,747	$14,519,858	$952,646

STAR TELEPHONE MEMBERSHIP CORPORATION RETIREE WELFARE BENEFITS PLAN AND TRUST