THOMPSON TRACTOR COMPANY INC EMPLO… - 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

1988

Legal Domicile

Principal Officer

BEVERLY S VIRCIGLIO

Phone

2058418601

Tax Period

2023-01-01 to 2023-12-31

THOMPSON TRACTOR COMPANY INC EMPLOYEE BENEFIT TRUST, founded in 1988, is a mid-sized nonprofit that reported $20.0M in total revenue in fiscal year 2023. Revenue surged 22% from the prior year, signaling strong growth momentum.

Mission

EMPLOYEES' WELFARE BENEFIT PLAN

Program Service Accomplishments

Program 1

THE PLAN PROVIDES HEALTH BENEFITS, ACCIDENTAL DEATH AND DISMEMBERMENT BENEFITS, AND SUPPLEMENTAL HEALTH BENEFITS (IN THE FORM OF REIMBURSEMENT FOR MEDICAL AND DENTAL EXPENSES) FOR ELIGIBLE EMPLOYEES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $19,714,137

Investment Income $272,255

Other Revenue $0

TOTAL REVENUE $19,986,392

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $1,848,568

TOTAL EXPENSES $20,193,785

Year-over-Year Comparison

	2023	2022	Change
Revenue	$19,986,392	$16,325,860	+0.2%
Expenses	$20,193,785	$15,150,602	+0.3%
Net Income	$-207,393	$1,175,258	-1.2%

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

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	Role	Reportable Comp	Other Comp	Total
LUCY THOMPSON MARSH	PRESIDENT AND CHIEF EXECUT	Officer Director	$0	$0	$0
MICHAEL D THOMPSON	CHAIRMAN	Officer Director	$0	$0	$0
TROY ARRINGTON	VICE PRESIDENT	Officer Director	$0	$0	$0
MATT SEROTSKY	VICE PRESIDENT	Officer Director	$0	$0	$0
CHARLES B STEVENS	VICE PRESIDENT	Officer Director	$0	$0	$0
N/A	TRUSTEE		$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	No data	No data	No data	No data
2023	$19,986,392	$20,193,785	$6,642,494	$-207,393
2022	$16,325,860	$15,150,602	$6,849,887	$1,175,258
2021	$15,989,582	$13,652,691	$5,674,629	$2,336,891
2020	$15,493,972	$13,490,507	$3,337,738	$2,003,465
2019	$14,888,359	$14,611,943	$1,334,273	$276,416
2018	$14,927,610	$14,866,547	$1,057,857	$61,063

THOMPSON TRACTOR COMPANY INC EMPLOYEE BENEFIT TRUST