TRUST II

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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

BILL POTTS

Phone

8013224131

Tax Period

2024-01-01 to 2024-12-31

TRUST II, founded in 1988, is a small nonprofit that reported $151K in total revenue in fiscal year 2024. Revenue surged 172% from the prior year, signaling strong growth momentum. The organization ran a surplus of $49K, a strong 32% operating margin.

Mission

PAYMENT OF MEDICAL EXPENSES AND CARE FOR INDIGENT PERSONS

Program Service Accomplishments

Program 1

Expenses: $82,368

MINISTRIES WERE ASSISTED WITH THE PAYMENT OF MEDICAL COSTS AND EXPENSES, INCLUDING TRANSPORTATION IN SUPPORT OF THE TREATMENT OR HEALING OF THOSE IMPACTED BY COVID-19.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $151,216

Other Revenue $0

TOTAL REVENUE $151,216

Expense Breakdown

Grants Paid $60,234

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $82,368

Other Expenses $42,076

TOTAL EXPENSES $102,310

Year-over-Year Comparison

	2024	2023	Change
Revenue	$151,216	$55,604	+1.7%
Expenses	$102,310	$124,560	-0.2%
Net Income	$48,906	$-68,956	-1.7%

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	Role	Reportable Comp	Other Comp	Total
WILLIAM POTTS	CFO & TRUSTEE	Officer Director	$0	$0	$0
PHYLLIS SPIEGEL	BISHOP & TRUSTEE	Director	$0	$0	$0
ELIZABETH HUNTER	TRUSTEE	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	$151,216	$102,310	$2,707,626	$48,906
2023	$55,604	$124,560	$2,475,564	$-68,956
2022	$78,877	$107,396	$2,349,306	$-28,519
2021	$85,857	$117,950	$2,664,856	$-32,093
2020	$95,278	$177,631	$2,627,446	$-82,353
2019	$106,821	$24,395	$2,592,106	$82,426
2018	$85,278	$68,218	$2,300,526	$17,060