MATHESON TRUCKING INC SERVICE CONT… - Form 990 Financial Data

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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

2015

Legal Domicile

Principal Officer

CHARLES MELLOR

Phone

9165044728

Tax Period

2020-01-01 to 2020-12-31

MATHESON TRUCKING INC SERVICE CONTRACT ACT EMPLOYEE WELFARE BENEFITS TRUST, founded in 2015, is a community nonprofit that reported $2.2M in total revenue in fiscal year 2020. Revenue fell 30% from the prior year — a significant decline worth monitoring. Expenses of $2.1M left a modest 6% surplus.

Mission

TO PROVIDE EMPLOYEES OF MATHESON TRUCKING, INC. AND OTHER PARTICIPATING EMPLOYERS WITH GROUP HEALTH AND WELFARE BENEFITS.

Program Service Accomplishments

Program 1

TO PROVIDE EMPLOYEES OF MATHESON TRUCKING, INC. AND OTHER PARTICIPATING EMPLOYERS WITH GROUP HEALTH AND WELFARE BENEFITS.

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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 (2020)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $2,222,029

Investment Income $0

Other Revenue $0

TOTAL REVENUE $2,222,029

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $180,147

TOTAL EXPENSES $2,079,296

Year-over-Year Comparison

	2020	2019	Change
Revenue	$2,222,029	$3,165,717	-0.3%
Expenses	$2,079,296	$2,848,012	-0.3%
Net Income	$142,733	$317,705	-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

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

$1,956,936

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHARLES MELLOR	TRUSTEE	0.10	Director	$0	$0	$425,219
MARK MATHESON	TRUSTEE	0.10	Director	$0	$0	$1,531,717

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
2020	$2,222,029	$2,079,296	$2,287,721	$142,733
2019	$3,165,717	$2,848,012	$2,144,988	$317,705

MATHESON TRUCKING INC SERVICE CONTRACT ACT EMPLOYEE WELFARE BENEFITS TRUST