ND Banks Benefit Trust (EIN 467521485) - 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

2014

Legal Domicile

Principal Officer

Natalie Murch

Phone

7015274298

Tax Period

2024-01-01 to 2024-12-31

ND Banks Benefit Trust, founded in 2014, is a mid-sized nonprofit in the Mutual Benefit sector that reported $21.3M in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

To provide and maintain those benefits which the Benefit Plan Trustees, in its sole discretion, determines from time-to-time shall be provided and as are specified in the Plan Document and for payment, in accordance with ERISA, of reasonable expenses incurred in the administration of the Plan.

🔒

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 $21,125,596

Investment Income $190,493

Other Revenue $0

TOTAL REVENUE $21,316,089

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $3,730,068

TOTAL EXPENSES $21,812,103

Year-over-Year Comparison

	2024	2023	Change
Revenue	$21,316,089	$19,413,158	+0.1%
Expenses	$21,812,103	$18,495,810	+0.2%
Net Income	$-496,014	$917,348	-1.5%

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

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
Ilene Baker	Chairman (See Schedule O)	0.10	Officer Director	$0	$0	$0
Natalie Murch - Vice Chairman	Treasurer (See Schedule O)	0.10	Officer Director	$0	$0	$0
Nancy Peterson	Trustee (See Schedule O)	0.10	Director	$0	$0	$0
Rick Beall Jr	Trustee (See Schedule O)	0.10	Director	$0	$0	$0
Carrie Zubke	Trustee (See Schedule O)	0.10	Director	$0	$0	$0
Rob Koppinger	Trustee (See Schedule O)	0.10	Director	$0	$0	$0
Jared Hanson	Trustee (See Schedule O)	0.10	Director	$0	$0	$0
Linda Stoterau	Trustee (See Schedule O)	0.10	Director	$0	$0	$0
Joan Larson	Trustee (See Schedule O)	0.10	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	$21,316,089	$21,812,103	$11,743,452	$-496,014
2023	$19,413,158	$18,495,810	$11,982,683	$917,348
2022	$20,262,476	$17,394,855	$11,065,335	$2,867,621
2021	$19,622,273	$18,101,195	$8,197,714	$1,521,078
2020	$20,290,597	$18,543,250	$6,700,028	$1,747,347
2019	$20,133,832	$17,984,983	$5,119,295	$2,148,849
2018	$17,319,911	$17,005,234	$2,721,765	$314,677

ND Banks Benefit Trust