ONE Gas Inc VEBA Master Trust for Collective Bargaining Unit Former Employe es (EIN 562542479) - 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

2005

Legal Domicile

Phone

9189477000

Tax Period

2024-01-01 to 2024-12-31

ONE Gas Inc VEBA Master Trust for Collective Bargaining Unit Former Employe es, founded in 2005, is a community nonprofit in the Mutual Benefit sector that reported $4.1M in total revenue in fiscal year 2024. Expenses of $6.8M exceeded revenue, resulting in a 66% operating deficit.

Mission

THE VEBA TRUST IS THE FUNDING VEHICLE FOR THE PLAN SPONSOR'S PAYMENT OF MEDICAL BENEFITS FOR ELIGIBLE FORMER EMPLOYEES (& DEPENDENTS) WHO ARE MEMBERS OF COLLECTIVE BARGAINING UNIT.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,461,883

Investment Income $2,669,055

Other Revenue $0

TOTAL REVENUE $4,130,938

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $0

Other Expenses $490,718

TOTAL EXPENSES $6,840,301

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,130,938	$-574,076	-8.2%
Expenses	$6,840,301	$6,496,722	+0.1%
Net Income	$-2,709,363	$-7,070,798	-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

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
US BANK	TRUSTEE	1.0		$189,392	$0	$189,392

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	$4,130,938	$6,840,301	$89,304,187	$-2,709,363
2023	$-574,076	$6,496,722	$92,913,562	$-7,070,798
2022	$-5,617,850	$6,607,461	$90,642,336	$-12,225,311
2021	$30,036,377	$6,521,877	$115,031,330	$23,514,500
2020	$9,837,173	$5,761,957	$91,516,830	$4,075,216
2019	$10,719,145	$5,611,207	$87,441,614	$5,107,938
2018	$9,069,993	$6,432,231	$82,333,676	$2,637,762

ONE Gas Inc VEBA Master Trust for Collective Bargaining Unit Former Employe es