STAPLCOTN MEDICAL PLAN 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

1988

Legal Domicile

Principal Officer

JAMES M MOFFATT

Phone

6624536231

Tax Period

2025-01-01 to 2025-12-31

STAPLCOTN MEDICAL PLAN TRUST, founded in 1988, is a community nonprofit that reported $1.8M in total revenue in fiscal year 2025. Revenue grew 8% year-over-year, indicating healthy expansion. Expenses of $2.3M exceeded revenue, resulting in a 30% operating deficit.

Mission

The organizations purpose is to hold the assets of the Staplcotn Medical Plan which is a self-insured medical plan providing healthcare benefits to employees of Staple Cotton Cooperative Association and Staple Cotton Discount Corporation and their eligible dependents.

Program Service Accomplishments

Program 1

Expenses: $23,305,060 Revenue: $1,797,110

The organizations purpose is to hold the assets of the Staplcotn Medical Plan a self-insured plan which provides healthcare benefits to eligible employees of Staple Cotton Cooperative Association and Staple Cotton Discount Corporation and their eligible dependents. At December 31 2025 there were 293 persons insured under the plan. Claims paid on behalf of participants totaled $1,918,687. Reinsurance premiums of $301,007; claims administrative expense of $87,681; accounting fees of $20,963; and bank fees of $2,169 were paid in 2025. Insurance premiums of $1,750,257 were collected from Staple Cotton Cooperative Association Staple Cotton Discount Corporation and participants in the plan. Proceeds received from a reinsurance policy totaled $12,111. The Trusts interest bearing sweep account and short term U.S. Treasuries earned interest income of $34,743.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,762,368

Investment Income $34,743

Other Revenue $0

TOTAL REVENUE $1,797,111

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $23,305,060

Other Expenses $411,820

TOTAL EXPENSES $2,330,507

Year-over-Year Comparison

	2025	2024	Change
Revenue	$1,797,111	$1,657,438	+0.1%
Expenses	$2,330,507	$1,735,215	+0.3%
Net Income	$-533,396	$-77,777	+5.9%

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
Zach Flowers	Trustee	0.50	Director	$0	$0	$0
James Moffatt	Trustee	0.50	Director	$0	$0	$0
Henry Reichle Jr	Trustee	0.50	Director	$0	$0	$0
Russell Robertson	Trustee	0.50	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
2025	$1,797,111	$2,330,507	$426,012	$-533,396
2024	$1,657,438	$1,735,215	$959,408	$-77,777
2023	$1,632,433	$2,378,831	$1,037,185	$-746,398
2022	$1,945,803	$2,024,795	$1,783,583	$-78,992
2021	$2,049,732	$2,823,395	$1,862,575	$-773,663
2020	$1,832,532	$2,254,420	$2,636,238	$-421,888