The Principal Trust for Post-Retirement Life Benefits (EIN 466578451) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2011

Legal Domicile

Principal Officer

Mark Konrad

Phone

5152475111

Tax Period

2024-01-01 to 2024-12-31

The Principal Trust for Post-Retirement Life Benefits, founded in 2011, is a small nonprofit in the Mutual Benefit sector that reported $464K in total revenue in fiscal year 2024. Expenses of $1.1M exceeded revenue, resulting in a 134% operating deficit.

Mission

Provide Life Insurance Benefits to Members

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $463,901

Other Revenue $0

TOTAL REVENUE $463,901

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,083,242

Other Expenses $159,527

TOTAL EXPENSES $1,083,242

Year-over-Year Comparison

	2024	2023	Change
Revenue	$463,901	$453,820	+0.0%
Expenses	$1,083,242	$1,033,965	+0.0%
Net Income	$-619,341	$-580,145	+0.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Binay Chandgothia	Investment Committee	1.00	Director	$0	$0	$0
Jack Bishop	Investment Committee	1.00	Director	$0	$0	$0
Staci Cunningham	Investment Committee	1.00	Director	$0	$0	$0
Kara Hoogensen	Investment Committee	1.00	Director	$0	$0	$0
Kenneth McCullum	Investment Committee	1.00	Director	$0	$0	$0
Joel Pitz	Investment Committee	1.00	Director	$0	$0	$0
Dwight Soethout	Investment Committee	1.00	Director	$0	$0	$0
Janis Benson	Investment Committee	1.00	Director	$0	$0	$0
Lisa Coulson	Administration Committee	1.00	Director	$0	$0	$0
Joseph McCarty	Administration Committee	1.00	Director	$0	$0	$0
Andy Schafer	Administration Committee	1.00	Director	$0	$0	$0
Jon Couture	Administration Committee	1.00	Director	$0	$0	$0
Brian Ness	Administration Committee	1.00	Director	$0	$0	$0
Kevin Farley	Administration Committee	1.00	Director	$0	$0	$0
Gina Graham	Administration Committee	1.00	Director	$0	$0	$0
Dennis Menken	Investment Committee	1.00		$0	$0	$0
Nathan Schelhaas	Investment Committee	1.00		$0	$0	$0
Shea Treadway	Administration Committee	1.00		$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	$463,901	$1,083,242	$9,904,030	$-619,341
2023	$453,820	$1,033,965	$10,523,371	$-580,145
2022	$534,594	$758,460	$11,103,557	$-223,866
2021	$1,142,694	$705,735	$11,327,422	$436,959
2020	$778,417	$514,894	$10,890,463	$263,523
2020	$778,417	$514,894	$10,890,463	$263,523

The Principal Trust for Post-Retirement Life Benefits