SOUTHEASTERN FREIGHT LINES HEALTH INSURANCE TRUST (EIN 570880176) - 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

1988

Legal Domicile

Principal Officer

SHERRI BANE

Phone

8037947300

Tax Period

2024-01-01 to 2024-06-30

SOUTHEASTERN FREIGHT LINES HEALTH INSURANCE TRUST, founded in 1988, is a mid-sized nonprofit that reported $45.7M in total revenue in fiscal year 2024. Revenue fell 67% from the prior year — a significant decline worth monitoring. Expenses of $53.5M exceeded revenue, resulting in a 17% operating deficit.

Mission

PROVIDE MEDICAL BENEFITS TO ITS MEMBERS.

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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 $45,727,440

Investment Income $0

Other Revenue $0

TOTAL REVENUE $45,727,440

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $1,459,860

TOTAL EXPENSES $53,466,676

Year-over-Year Comparison

	2024	2023	Change
Revenue	$45,727,440	$137,324,248	-0.7%
Expenses	$53,466,676	$138,426,738	-0.6%
Net Income	$-7,739,236	$-1,102,490	+6.0%

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

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
SHERRI BANE	TRUSTEE	1.00	Officer Director	$0	$0	$0
DONALD J KRAMPE	TRUSTEE	1.00	Officer 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
2024	$45,727,440	$53,466,676	No data	$-7,739,236
2023	$137,324,248	$138,426,738	$7,739,236	$-1,102,490
2022	$134,780,537	$134,272,315	$8,841,726	$508,222
2021	$126,928,391	$125,944,338	$8,333,504	$984,053
2020	$119,244,953	$117,483,698	$7,349,451	$1,761,255
2019	$113,004,184	$112,679,983	$5,588,196	$324,201
2018	$93,981,361	$93,886,028	$5,263,995	$95,333

SOUTHEASTERN FREIGHT LINES HEALTH INSURANCE TRUST