THE BENCHMARK MANAGEMENT COMPANY E… - 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

1992

Legal Domicile

Principal Officer

ISAAC HICKS

Phone

2813675757

Tax Period

2023-01-01 to 2023-12-31

THE BENCHMARK MANAGEMENT COMPANY EMPLOYEE BENEFIT TRUST, founded in 1992, is a community nonprofit that reported $1.9M in total revenue in fiscal year 2023. Revenue fell 93% from the prior year — a significant decline worth monitoring.

Mission

PROVIDE HEALTH AND WELFARE BENEFITS

Program Service Accomplishments

Program 1

Expenses: $1,928,312 Revenue: $1,935,019

THE BENCHMARK VEBA TRUST WAS ESTABLISHED TO PROVIDE WELFARE BENEFITS UNDER PLANS ESTABLISHED UNDER THE TRUST FOR ELIGIBLE EMPLOYEES, AND DEPENDENTS OF ELIGIBLE EMPLOYEES OF THE PARTICIPATING EMPLOYER.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,935,019

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,935,019

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,928,312

Other Expenses $11,457

TOTAL EXPENSES $2,104,534

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,935,019	$26,065,680	-0.9%
Expenses	$2,104,534	$23,361,123	-0.9%
Net Income	$-169,515	$2,704,557	-1.1%

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

N/A

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
ISAAC HICKS	CFO	0.00	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	$1,935,019	$2,104,534	No data	$-169,515
2022	$26,065,680	$23,361,123	$190,639	$2,704,557
2021	$23,017,352	$22,607,789	$208,655	$409,563
2020	$24,295,443	$27,835,197	$138,174	$-3,539,754
2019	$26,680,321	$28,811,679	$595,150	$-2,131,358
2018	$22,518,697	$22,634,521	$2,726,508	$-115,824

THE BENCHMARK MANAGEMENT COMPANY EMPLOYEE BENEFIT TRUST