SUNTRUST EMPLOYEE WELFARE TRUST

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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

1987

Legal Domicile

Principal Officer

KATHY KRAISS SAME AS C ABOVE

Phone

4072375216

Tax Period

2020-01-01 to 2020-12-31

SUNTRUST EMPLOYEE WELFARE TRUST, founded in 1987, is a micro nonprofit that reported $223 in total revenue in fiscal year 2020. Revenue fell 100% from the prior year — a significant decline worth monitoring. Expenses of $1.1M exceeded revenue, resulting in a 501849% operating deficit.

Mission

THE SOLE PURPOSE OF THIS TRUST IS TO PROVIDE HEALTH AND OTHER WELFARE BENEFITS TO PARTICIPANTS OF THE TRUIST FINANCIAL CORPORATION EMPLOYEE WELFARE PLAN.

Program Service Accomplishments

Program 1

THE SOLE PURPOSE OF THIS TRUST IS TO PROVIDE HEALTH AND OTHER WELFARE BENEFITS TO PARTICIPANTS OF THE TRUIST FINANCIAL CORPORATION EMPLOYEE WELFARE PLAN.

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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 (2020)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $223

Other Revenue $0

TOTAL REVENUE $223

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $47,920

TOTAL EXPENSES $1,119,346

Year-over-Year Comparison

	2020	2019	Change
Revenue	$223	$211,508,210	-1.0%
Expenses	$1,119,346	$249,969,662	-1.0%
Net Income	$-1,119,123	$-38,461,452	-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

Governance

Voting Members

N/A

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	0.0		$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
2020	$223	$1,119,346	No data	$-1,119,123
2019	$211,508,210	$249,969,662	$5,133,054	$-38,461,452
2018	$229,920,575	$231,744,934	$42,553,352	$-1,824,359