NUCLEAR FUEL SERVICES INC HOURLY VEBA (EIN 566444453) - 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

1993

Legal Domicile

Principal Officer

TRUIST BANK

Phone

4072375216

Tax Period

2024-01-01 to 2024-12-31

NUCLEAR FUEL SERVICES INC HOURLY VEBA, founded in 1993, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2024. Revenue surged 22% from the prior year, signaling strong growth momentum. Expenses of $1.3M exceeded revenue, resulting in a 20% operating deficit.

Mission

TO PROVIDE HEALTH AND WELFARE BENEFITS TO CERTAIN EMPLOYEES AND FORMER EMPLOYEES OF NUCLEAR FUEL SERVICES, INC AND THEIR DEPENDENTS IN ACCORDANCE WITH THE TERMS OF THE NUCLEAR FUEL SERVICES, INC HEALTH PLAN FOR HOURLY EMPLOYEES AS PERMITTED UNDER IRC 501(C)(9).

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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 $62,705

Investment Income $1,033,633

Other Revenue $0

TOTAL REVENUE $1,096,338

Expense Breakdown

Grants Paid $0

Salaries & Benefits $10,290

Fundraising Expenses $0

Other Expenses $1,163,242

TOTAL EXPENSES $1,312,747

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,096,338	$900,780	+0.2%
Expenses	$1,312,747	$1,380,217	0.0%
Net Income	$-216,409	$-479,437	-0.5%

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
TRUIST BANK	TRUSTEE	1.0		$10,290	$0	$10,290

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	$1,096,338	$1,312,747	$26,383,180	$-216,409
2023	$900,780	$1,380,217	$26,167,810	$-479,437
2022	$5,334,889	$1,344,557	$26,264,977	$3,990,332
2021	$1,565,312	$991,573	$21,919,992	$573,739
2020	$1,187,811	$1,194,684	$21,346,259	$-6,873

NUCLEAR FUEL SERVICES INC HOURLY VEBA