ASTRAZENECA VEBA TRUST AGREEMENT FOR RETIREE HEALTH BENEFITS (EIN 616287564) - 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

2002

Legal Domicile

Principal Officer

DAVID E WHITE

Phone

3028863000

Tax Period

2023-01-01 to 2023-12-31

ASTRAZENECA VEBA TRUST AGREEMENT FOR RETIREE HEALTH BENEFITS, founded in 2002, is a small nonprofit in the Mutual Benefit sector that reported $178K in total revenue in fiscal year 2023. Revenue surged 383% from the prior year, signaling strong growth momentum. Expenses of $19.7M exceeded revenue, resulting in a 10974% operating deficit.

Mission

IS A VOLUNTARY EMPLOYEE BENEFICIARY ASSOCIATION TO PROVIDE MEDICAL AND DENTAL COVERAGE TO ELIGIBLE FORMER EMPLOYEES OF ASTRAZENECA PHARMACEUTICALS, LP

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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 $0

Investment Income $177,536

Other Revenue $0

TOTAL REVENUE $177,536

Expense Breakdown

Grants Paid $0

Salaries & Benefits $34,969

Fundraising Expenses $0

Program Expenses $19,660,151

Other Expenses $64,182

TOTAL EXPENSES $19,660,151

Year-over-Year Comparison

	2023	2022	Change
Revenue	$177,536	$36,737	+3.8%
Expenses	$19,660,151	$21,251,507	-0.1%
Net Income	$-19,482,615	$-21,214,770	-0.1%

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
N/A	TRUSTEE	1.00		$34,969	$0	$34,969

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	$177,536	$19,660,151	$23,957,478	$-19,482,615
2022	$36,737	$21,251,507	$43,440,093	$-21,214,770
2021	$131	$16,151,551	$64,654,863	$-16,151,420
2020	$8,213,131	$25,212,494	$80,806,283	$-16,999,363
2019	$43,748,516	$42,778,179	$72,924,090	$970,337
2017	$20,033,245	$25,602,557	$107,663,944	$-5,569,312

ASTRAZENECA VEBA TRUST AGREEMENT FOR RETIREE HEALTH BENEFITS