VSE CORPORATION GROUP HEALTH & WELFARE PLAN (EIN 456598749) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2012

Legal Domicile

Principal Officer

TARANG SHARMA

Phone

7033292639

Tax Period

2023-01-01 to 2023-12-31

VSE EMPLOYEE HEALTH & WELFARE PLAN, founded in 2012, is a community nonprofit in the Mutual Benefit sector that reported $9.7M in total revenue in fiscal year 2017. Revenue decreased 12% compared to the prior year.

Mission

THE TRUST PROVIDES FRINGE BENEFITS TO EMPLOYEES COVERED BY THE SERVICE CONTRACT ACT. EMPLOYEE BENEFITS, INCLUDING HEALTH, DENTAL, VISION, LIFE AND SHORT TERM DISABILITY INSURANCE AND PAID TIME OFF ARE REQUIRED TO MEET MINIMUM PREVAILING WAGE RATES AS REQUIRED UNDER THE ACT.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $17,930,619

Investment Income $0

Other Revenue $0

TOTAL REVENUE $17,930,619

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $18,340,302

Other Expenses $2,411,063

TOTAL EXPENSES $18,657,290

Year-over-Year Comparison

	2023	2022	Change
Revenue	$17,930,619	$12,374,878	+0.4%
Expenses	$18,657,290	$17,411,786	+0.1%
Net Income	$-726,671	$-5,036,908	-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

Employees

N/A

Volunteers

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
TARANG SHARMA	Trustee	2.00	Director	$0	$0	$0
KRISTA STAFFORD	Trustee	2.00	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	$17,930,619	$18,657,290	$3,971,876	$-726,671
2022	$12,374,878	$17,411,786	$4,823,881	$-5,036,908
2021	$7,613,763	$13,971,255	$9,818,084	$-6,357,492
2020	$14,214,000	$10,510,866	$14,882,571	$3,703,134
2019	$15,426,064	$10,757,208	$11,257,316	$4,668,856
2018	$14,674,982	$11,408,806	$6,771,483	$3,266,176
2018	$13,684,399	$11,269,137	$6,771,706	$2,415,262
2017	$9,693,273	$9,463,165	$3,201,338	$230,108

VSE CORPORATION GROUP HEALTH & WELFARE PLAN