LABORERS AGC TRUST OF MONTANA HEALTH & WELFARE (EIN 811094866) - Form 990 Financial Analysis & Trantor Score

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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

1961

Legal Domicile

Principal Officer

RICHARD J MORRISON

Phone

5095340600

Tax Period

2024-04-01 to 2025-03-31

LABORERS AGC TRUST OF MONTANA HEALTH & WELFARE, founded in 1961, is a mid-sized nonprofit that reported $10.9M in total revenue in fiscal year 2024.

Mission

PROVIDE PREMIUM AND BENEFIT PAYMENTS AND OTHER RELATED EXPENSES FOR MEDICAL, DENTAL, VISION, ACCIDENTAL DEATH AND DISMEMBERMENT, LIFE INSURANCE, AND TIME LOSS BENEFITS FOR ELIGIBLE PARTICIPANTS.

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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 $9,907,544

Investment Income $989,424

Other Revenue $7,070

TOTAL REVENUE $10,904,038

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $917,578

TOTAL EXPENSES $11,135,528

Year-over-Year Comparison

	2024	2023	Change
Revenue	$10,904,038	$10,861,687	+0.0%
Expenses	$11,135,528	$10,032,505	+0.1%
Net Income	$-231,490	$829,182	-1.3%

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

N/A

Employees

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

$258,073

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RICHARD J MORRISON	CHAIRMAN, EMPLOYER TRUSTEE	1.00	Officer Director	$0	$0	$0
CODY MORRITT	EMPLOYER TRUSTEE	1.00	Director	$0	$0	$0
NICK PATCH	EMPLOYER TRUSTEE (OUTGOING)	1.00	Director	$0	$0	$0
TRACY THOMPSON	UNION TRUSTEE	1.00	Director	$0	$37,000	$95,962
ADAM HAIGHT	UNION TRUSTEE	1.00	Director	$0	$37,000	$112,000
MICKEY MULHOLLAND	SECRETARY, UNION TRUSTEE	1.00	Director	$0	$37,000	$50,111

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	$10,904,038	$11,135,528	$19,569,801	$-231,490
2024	$10,861,687	$10,032,505	$20,048,847	$829,182
2023	$8,614,867	$9,154,063	$18,260,526	$-539,196
2022	$11,144,345	$10,869,344	$18,871,331	$275,001
2021	$11,495,915	$10,023,174	$19,634,520	$1,472,741
2020	$12,633,637	$9,929,381	$16,386,741	$2,704,256
2019	$15,421,425	$13,792,128	$16,490,728	$1,629,297
2018	$12,928,847	$10,619,622	$13,457,401	$2,309,225

LABORERS AGC TRUST OF MONTANA HEALTH & WELFARE