Glendale Union HSD Employee Benefi… - Form 990 Financial Data

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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

1984

Legal Domicile

Principal Officer

NATE BOWLER

Phone

6234356000

Tax Period

2022-07-01 to 2023-06-30

Glendale Union HSD Employee Benefit Trust, founded in 1984, is a community nonprofit that reported $1.2M in total revenue in fiscal year 2022. The organization ran a surplus of $868K, a strong 73% operating margin.

Mission

Provide for and pay plan participants medical claims, dental claims, life insurance premiums, and dependent care assistance.

Program Service Accomplishments

Program 1

Expenses: $320,519 Revenue: $1,188,317

Provide for and pay plan participants medical claims, dental claims, life insurance premiums, and dependent care assistance.

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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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $871,485

Investment Income $316,832

Other Revenue $0

TOTAL REVENUE $1,188,317

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $320,519

Other Expenses $8,575

TOTAL EXPENSES $320,519

Year-over-Year Comparison

	2022	2021	Change
Revenue	$1,188,317	$1,205,731	0.0%
Expenses	$320,519	$943,143	-0.7%
Net Income	$867,798	$262,588	+2.3%

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

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
NATE BOWLER	CFO	N/A	Director	$0	$0	$0
PATTY KENNEDY	Trustee	N/A	Director	$0	$0	$0
VIRGINIA GIBNEY	Trustee	N/A	Director	$0	$0	$0
STEVE JOHNSTON	Trustee	N/A	Director	$0	$0	$0
PAUL MALAND	Trustee	N/A	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
2023	$1,188,317	$320,519	$13,290,101	$867,798
2022	$1,205,731	$943,143	$12,422,304	$262,588
2021	$3,236,269	$943,399	$12,159,715	$2,292,870
2020	$13,608,789	$12,192,061	$11,474,241	$1,416,728

Glendale Union HSD Employee Benefit Trust