SCIENTIFIC RESEARCH CORP HEALTH & WELFARE TRUST FOR NONEXEMPT EMPLOYEE C/O COMERICA BK (EIN 456740562) - 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

GEORGE BRADEN-COMERICA BANK

Phone

2148904678

Tax Period

2024-01-01 to 2024-12-31

SCIENTIFIC RESEARCH CORP HEALTH & WELFARE TRUST FOR NONEXEMPT EMPLOYEE C/O COMERICA BK, founded in 2012, is a community nonprofit in the Mutual Benefit sector that reported $1.6M in total revenue in fiscal year 2024.

Mission

TO PROVIDE HEALTH AND WELFARE BENEFITS TO ELIGIBLE PARTICIPANTS OF THE SCIENTIFIC RESEARCH CORPORATION HEALTH AND WELFARE BENEFIT PLAN.

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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 $1,616,483

Investment Income $503

Other Revenue $0

TOTAL REVENUE $1,616,986

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,580,728

Other Expenses $55,569

TOTAL EXPENSES $1,580,728

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,616,986	$1,657,601	0.0%
Expenses	$1,580,728	$1,657,251	0.0%
Net Income	$36,258	$350	+102.6%

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

184

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
COMERICA BANK	VP & TRUST OFFICER	10.0		$3,000	$0	$3,000

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	$1,616,986	$1,580,728	$84,965	$36,258
2023	$1,657,601	$1,657,251	$36,781	$350
2022	$1,492,400	$1,492,330	$35,290	$70
2021	$1,575,116	$1,575,112	$196,196	$4
2020	$1,343,349	$1,343,330	$32,251	$19
2019	$979,451	$979,224	$30,517	$227
2018	$1,183,191	$1,183,023	$137,024	$168

SCIENTIFIC RESEARCH CORP HEALTH & WELFARE TRUST FOR NONEXEMPT EMPLOYEE C/O COMERICA BK