NATIONAL ACADEMY OF SCIENCES RETIREE WELFARE BENEFIT PLAN TRUST

EIN: 526976965 501(c)(3) Science & Technology

PORTSMOUTH, NH

Total Revenue
$2,036,468
Total Expenses
$2,050,585
Total Assets
$65,675,994
Net Assets
$65,675,994
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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
1999
Legal Domicile
DC
Phone
5853251129
Tax Period
2023-01-01 to 2023-12-31

NATIONAL ACADEMY OF SCIENCES RETIREE WELFARE BENEFIT PLAN TRUST, founded in 1999, is a community nonprofit in the Science & Technology sector that reported $2.0M in total revenue in fiscal year 2023. Revenue fell 68% from the prior year — a significant decline worth monitoring. Net assets of $65.7M represent 387 months of operating reserves.

Mission

THE REPORTING ORGANIZATION, NATIONAL ACADEMY OF SCIENCES RETIREE WELFARE BENEFIT PLAN TRUST (THE TRUST) WAS ORGANIZED AND WILL OPERATE FOR THE BENEFIT OF THE NATIONAL ACADEMY OF SCIENCES (NAS) FOR THE PRIMARY PURPOSE OF HOLDING, MANAGING AND INVESTING CERTAIN ASSETS OF THE NATIONAL ACADEMY OF SCIENCES RETIREE WELFARE BENEFIT PLAN ("PLAN") SAID ASSETS TO BE HELD IN TRUST FOR THE PURPOSE OF PAYING INSURANCE PREMIUMS UNDER THE PLAN ON BEHALF OF ELIGIBLE RETIREES AND OTHER PARTICIPANTS UNDER THE PLAN IN ACCORDANCE WITH THE TERMS OF THE PLAN AND REQUIREMENTS OF THE EMPLOYMENT RETIREMENT INCOME SECURITY ACT (ERISA).

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $2,036,468
Other Revenue $0
TOTAL REVENUE $2,036,468

Expense Breakdown

Grants Paid $0
Salaries & Benefits $374,707
Fundraising Expenses $0
Program Expenses $1,562,052
Other Expenses $1,675,878
TOTAL EXPENSES $2,050,585

Year-over-Year Comparison

2023 2022 Change
Revenue $2,036,468 $6,438,476 -0.7%
Expenses $2,050,585 $1,875,751 +0.1%
Net Income $-14,117 $4,562,725 -1.0%
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

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Governance

Voting Members
1
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
0
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A TRUSTEE 1.00
$374,707 $0 $374,707
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 $2,036,468 $2,050,585 $65,675,994 $-14,117
2022 $6,438,476 $1,875,751 $59,001,038 $4,562,725
2021 $6,891,862 $1,485,823 $67,624,169 $5,406,039
2020 $7,436,737 $1,495,076 $62,118,646 $5,941,661
2019 $3,458,875 $1,439,638 $52,598,539 $2,019,237
2018 $4,388,438 $1,253,404 $44,536,133 $3,135,034
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