ANDERSON NEWS VEBA TRUST

EIN: 621601748

ORLANDO, FL

Total Revenue
$8,164,478
Total Expenses
$9,040,000
Total Assets
$1,319,775
Net Assets
$1,319,775
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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
1990
Legal Domicile
GA
Principal Officer
Mr DAVID THOMPSON
Phone
4042305350
Tax Period
2024-01-01 to 2024-12-31

ANDERSON NEWS VEBA TRUST, founded in 1990, is a community nonprofit that reported $8.2M in total revenue in fiscal year 2024. Expenses of $9.0M exceeded revenue, resulting in a 11% operating deficit.

Mission

TO PROVIDE EMPLOYEE WELFARE PLAN BENEFITS

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $8,075,000
Investment Income $89,478
Other Revenue $0
TOTAL REVENUE $8,164,478

Expense Breakdown

Grants Paid $0
Salaries & Benefits $15,000
Fundraising Expenses $0
Other Expenses $0
TOTAL EXPENSES $9,040,000

Year-over-Year Comparison

2024 2023 Change
Revenue $8,164,478 $8,157,639 +0.0%
Expenses $9,040,000 $6,615,000 +0.4%
Net Income $-875,522 $1,542,639 -1.6%
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
1
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
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TRUIST BANK TRUSTEE 1.0
$15,000 $0 $15,000
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 $8,164,478 $9,040,000 $1,319,775 $-875,522
2023 $8,157,639 $6,615,000 $2,189,683 $1,542,639
2022 $4,177,912 $6,965,000 $653,036 $-2,787,088
2021 $7,025,183 $5,565,000 $3,444,481 $1,460,183
2020 $3,803,693 $3,150,000 $1,984,303 $653,693
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