NATIONAL LEADBURNERS WELFARE FUND … - 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

1994

Legal Domicile

Principal Officer

RITA LYNCH

Phone

2152970372

Tax Period

2022-10-01 to 2023-09-30

NATIONAL LEADBURNERS WELFARE FUND % RDL MANAGEMENT GROUP INC, founded in 1994, is a small nonprofit that reported $422K in total revenue in fiscal year 2022. Revenue fell 37% from the prior year — a significant decline worth monitoring. Expenses of $562K exceeded revenue, resulting in a 33% operating deficit.

Mission

TO PROVIDE HEALTH AND LIFE INSURANCE BENEFITS TO INDIVIDUAL MEMBERS.

Program Service Accomplishments

Program 1

PROVIDE HEALTH AND VISION BENEFITS, GROUP LIFE AND ACCIDENTAL DEATH AND DISMEMBERMENT COVERAGE TO MEMBER INDIVIDUAL.

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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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $421,672

Investment Income $0

Other Revenue $0

TOTAL REVENUE $421,672

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $42,979

TOTAL EXPENSES $562,150

Year-over-Year Comparison

	2022	2021	Change
Revenue	$421,672	$665,292	-0.4%
Expenses	$562,150	$782,749	-0.3%
Net Income	$-140,478	$-117,457	+0.2%

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

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
KEITH BATSON	TRUSTEE	1.00	Director	$0	$0	$0
RICK LEBLANC	TRUSTEE	1.00	Director	$0	$0	$0
WILLIAM R MCNABB	TRUSTEE	1.00	Director	$0	$0	$0
JAY WEST	TRUSTEE	1.00	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
2023	No data	$52,550	No data	No data
2023	$421,672	$562,150	$52,550	$-140,478
2022	$665,292	$782,749	$276,759	$-117,457
2021	$685,634	$905,499	$616,641	$-219,865
2020	$772,331	$803,329	$736,007	$-30,998
2019	$829,064	$737,753	$688,646	$91,311
2018	$890,918	$853,959	$574,030	$36,959

NATIONAL LEADBURNERS WELFARE FUND % RDL MANAGEMENT GROUP INC