LUMBER KING INC EMPLOYEE BENEFIT P… - 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

2010

Legal Domicile

Principal Officer

JOHN KAYEA

Phone

6063765011

Tax Period

2024-07-01 to 2025-06-30

LUMBER KING INC EMPLOYEE BENEFIT PLAN TRUST FUND, founded in 2010, is a small nonprofit in the Mutual Benefit sector that reported $956K in total revenue in fiscal year 2024. Revenue decreased 5% compared to the prior year.

Mission

PROVIDE CERTAIN HEALTH AND DENTAL BENEFITS TO ELIGIBLE PARTICIPANTS.

Program Service Accomplishments

Program 1

Expenses: $965,236 Revenue: $953,581

THE PURPOSE OF THE TRUST IS TO PROVIDE CERTAIN HEALTH AND DENTAL BENEFITS TO ELIGIBLE 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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $953,581

Investment Income $2,229

Other Revenue $0

TOTAL REVENUE $955,810

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $965,236

Other Expenses $310,631

TOTAL EXPENSES $965,236

Year-over-Year Comparison

	2024	2023	Change
Revenue	$955,810	$1,007,049	-0.1%
Expenses	$965,236	$1,170,125	-0.2%
Net Income	$-9,426	$-163,076	-0.9%

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

$439,907

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN KAYEA	TRUSTEE	1.00	Director	$0	$96,944	$266,471
CARMEN PERRY	TRUSTEE	1.00	Director	$0	$75,632	$173,436

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
2025	$955,810	$965,236	$52,748	$-9,426
2024	$1,007,049	$1,170,125	$62,174	$-163,076
2023	$625,652	$762,439	$225,250	$-136,787
2022	$861,478	$1,020,168	$362,037	$-158,690
2021	$609,630	$496,731	$520,727	$112,899

LUMBER KING INC EMPLOYEE BENEFIT PLAN TRUST FUND