RFERL INC WELFARE BENEFIT PLAN FOR (EIN 522047324) - Form 990 Financial Analysis & Trantor Score

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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

2002

Legal Domicile

Principal Officer

TRUIST BANK

Phone

8443823122

Tax Period

2023-01-01 to 2023-12-31

RFERL INC WELFARE BENEFIT PLAN FOR, founded in 2002, is a micro nonprofit in the Mutual Benefit sector that reported $1.6M in total revenue in fiscal year 2023. Revenue fell 173% from the prior year — a significant decline worth monitoring.

Mission

THE PLAN FUNDS FUTURE RETIREE HEALTH (MEDICAL, DRUG, DENTAL AND VISION) AND LIFE INSURANCE BENEFITS FOR ELIGIBLE PARTICIPANTS.

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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 $535,686

Investment Income $-2,133,309

Other Revenue $0

TOTAL REVENUE $-1,597,623

Expense Breakdown

Grants Paid $0

Salaries & Benefits $36,622

Fundraising Expenses $0

Other Expenses $345,290

TOTAL EXPENSES $1,876,530

Year-over-Year Comparison

	2023	2022	Change
Revenue	$-1,597,623	$2,182,136	-1.7%
Expenses	$1,876,530	$1,810,083	+0.0%
Net Income	$-3,474,153	$372,053	-10.3%

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

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

$229,258

Total Directors

$728,491

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARK KONTOS	MEMBER	2.0	Officer Director	$0	$40,354	$229,258
PETR VRABEC	MEMBER	2.0	Director	$0	$3,907	$87,483
KAREN JOHNSEN	MEMBER	1.0	Director	$0	$30,658	$208,721
MARYLIN KEATING	CHAIR	2.0	Director	$0	$28,136	$203,029
TRUIST BANK	TRUSTEE	1.0		$36,622	$0	$36,622

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	$-1,597,623	$1,876,530	$36,780,178	$-3,474,153
2023	No data	No data	No data	No data
2022	$2,182,136	$1,810,083	$40,260,676	$372,053
2022	No data	No data	No data	No data

RFERL INC WELFARE BENEFIT PLAN FOR