W G YATES & SONS CONSTRUCTION CO MEDICAL BENEFITS PLAN TRUST (EIN 582048957) - 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

1992

Legal Domicile

Principal Officer

WILLIAM G YATES JR

Phone

6016565411

Tax Period

2023-01-01 to 2023-12-31

W G YATES & SONS CONSTRUCTION CO MEDICAL BENEFITS PLAN TRUST, founded in 1992, is a mid-sized nonprofit that reported $16.7M in total revenue in fiscal year 2023. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $15.8M left a modest 5% surplus.

Mission

HOLD AND INVEST ASSETS OF THE MEDICAL BENEFIT PLAN TO PROVIDE BENEFITS FOR EMPLOYEES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $16,636,142

Investment Income $24,124

Other Revenue $0

TOTAL REVENUE $16,660,266

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $15,830,345

Other Expenses $4,240,136

TOTAL EXPENSES $15,830,345

Year-over-Year Comparison

	2023	2022	Change
Revenue	$16,660,266	$14,593,868	+0.1%
Expenses	$15,830,345	$14,459,819	+0.1%
Net Income	$829,921	$134,049	+5.2%

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

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
WILLIAM G YATES JR	TRUSTEE	0.00	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	No data	No data	No data	No data
2023	$16,660,266	$15,830,345	$1,339,155	$829,921
2022	$14,593,868	$14,459,819	$539,237	$134,049
2021	$14,283,332	$15,049,769	$374,510	$-766,437
2020	$15,137,472	$14,359,286	$1,171,282	$778,186
2019	$13,946,907	$14,045,143	$-118,571	$-98,236
2018	$14,031,275	$14,323,055	$-20,335	$-291,780

W G YATES & SONS CONSTRUCTION CO MEDICAL BENEFITS PLAN TRUST