ARVEST BANK GROUP EMPLOYEES HEALTH BENEFIT TRUST (EIN 710648175) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1986

Legal Domicile

Principal Officer

MICHELLE VAN SCHENCK

Phone

4797506080

Tax Period

2023-01-01 to 2023-12-31

ARVEST BANK GROUP EMPLOYEES HEALTH BENEFIT TRUST, founded in 1986, is a mid-sized nonprofit that reported $54.0M in total revenue in fiscal year 2020. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $51.7M left a modest 4% surplus.

Mission

THIS ORGANIZATION IS A VEBA FORMED FOR THE PURPOSE OF PROVIDING HEALTH CARE BENEFITS TO BENEFICIARIES OF THE ARVEST BANK GROUP EMPLOYEES HEALTH TRUST FOR EMPLOYEES AND DEPENDENTS.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $50,876,403

Investment Income $405,876

Other Revenue $0

TOTAL REVENUE $51,282,279

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $55,085,818

Other Expenses $5,508,827

TOTAL EXPENSES $55,085,818

Year-over-Year Comparison

	2023	2022	Change
Revenue	$51,282,279	$49,904,097	+0.0%
Expenses	$55,085,818	$48,572,710	+0.1%
Net Income	$-3,803,539	$1,331,387	-3.9%

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

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
MICHELLE VAN SCHENCK	TRUSTEE	0.2	Officer Director	$0	$0	$0
TAMMY ENGLE	TRUSTEE	0.2	Officer Director	$0	$0	$0
Kimberly Swieter	TRUSTEE	0.2	Officer Director	$0	$0	$0
ANN FITE	TRUSTEE	0.2	Officer Director	$0	$0	$0
Carolyn Kennedy	TRUSTEE	0.2	Officer 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	$51,282,279	$55,085,818	$5,705,973	$-3,803,539
2022	$49,904,097	$48,572,710	$9,509,512	$1,331,387
2021	$52,821,500	$54,877,465	$8,178,125	$-2,055,965
2020	$53,989,009	$51,662,983	$10,234,090	$2,326,026

ARVEST BANK GROUP EMPLOYEES HEALTH BENEFIT TRUST