NN RETIREES BENEFIT TRUST C/O PATRICK RYKWALDER CPA

EIN: 466653802

OWENSBORO, KY

Total Revenue
$21,826
Total Expenses
$261,228
Total Assets
N/A
Net Assets
N/A
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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
2013
Legal Domicile
TN
Principal Officer
MICHAEL RESSNER
Tax Period
2019-01-01 to 2019-12-31

NN RETIREES BENEFIT TRUST C/O PATRICK RYKWALDER CPA, founded in 2013, is a micro nonprofit that reported $22K in total revenue in fiscal year 2019. Revenue decreased 18% compared to the prior year. Expenses of $261K exceeded revenue, resulting in a 1097% operating deficit.

Mission

THE TRUST (VEBA) PROVIDED REIMBURSEMENT OF ELIGBILE MEDICAL EXPENSES.

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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%)

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Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $7,515
Other Revenue $14,311
TOTAL REVENUE $21,826

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $261,228
Other Expenses $257,579
TOTAL EXPENSES $261,228

Year-over-Year Comparison

2019 2018 Change
Revenue $21,826 $26,698 -0.2%
Expenses $261,228 $618,199 -0.6%
Net Income $-239,402 $-591,501 -0.6%
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

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Governance

Voting Members
1
Independent Members
1
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
4
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GARY DONAHEE VEBA COMMITTEE PRESIDENT 1.00
Officer Director
$0 $0 $0
MICHAEL RESSNER TREASURER 2.00
Officer Director
$0 $0 $0
SUSAN KANE SECRETARY 1.00
Officer Director
$0 $0 $0
MARK HAUPT COMMITTEE MEMBER 1.00
Officer 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
2019 $21,826 $261,228 No data $-239,402
2018 $26,698 $618,199 $1,609,292 $-591,501
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