TEXTILE INDUSTRIAL WELDING EMPLOYEE BENEFIT PLAN

EIN: 582037497

DALTON, GA

Total Revenue
$29,885
Total Expenses
$3,417
Total Assets
N/A
Net Assets
N/A
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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
1992
Legal Domicile
GA
Principal Officer
JOANN MCMULLEN
Phone
7062772535
Tax Period
2018-01-01 to 2018-12-31

TEXTILE INDUSTRIAL WELDING EMPLOYEE BENEFIT PLAN, founded in 1992, is a micro nonprofit that reported $30K in total revenue in fiscal year 2018. Revenue fell 89% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $26K, a strong 89% operating margin.

Mission

VEBA - PAYMENT FOR MEDICAL AND LIFE INSURANCE BENEFITS FOR VOLUNTARY EMPLOYEE BENEFIT ASSOCIATION.

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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 (2018)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $29,711
Investment Income $174
Other Revenue $0
TOTAL REVENUE $29,885

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,417
Fundraising Expenses $0
Program Expenses $3,417
Other Expenses $0
TOTAL EXPENSES $3,417

Year-over-Year Comparison

2018 2017 Change
Revenue $29,885 $279,925 -0.9%
Expenses $3,417 $399,036 -1.0%
Net Income $26,468 $-119,111 -1.2%
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
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
0
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOANN MCMULLEN TRUSTEE N/A
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
2018 $29,885 $3,417 No data $26,468
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