LAW ENFORCEMENT ALLIANCE OF SOUTHINGTON VEBA TRUST FUND (EIN 813385432) - 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

2015

Legal Domicile

Principal Officer

STEPHEN M SALERNO

Phone

8609195989

Tax Period

2024-01-01 to 2024-12-31

LAW ENFORCEMENT ALLIANCE OF SOUTHINGTON VEBA TRUST FUND, founded in 2015, is a micro nonprofit in the Mutual Benefit sector that reported $69K in total revenue in fiscal year 2024. Revenue surged 98% from the prior year, signaling strong growth momentum. Net assets of $154K represent 27 months of operating reserves.

Mission

VOLUNTARY EMPLOYEES' BENEFICIARY ASSOCIATIONS ESTABLISHED TO PROVIDE HEALTH INSURANCE TO POLICE OFFICERS.

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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 $0

Other Revenue $68,743

TOTAL REVENUE $68,743

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,500

Fundraising Expenses $0

Other Expenses $1,039

TOTAL EXPENSES $69,680

Year-over-Year Comparison

	2024	2023	Change
Revenue	$68,743	$34,709	+1.0%
Expenses	$69,680	$46,400	+0.5%
Net Income	$-937	$-11,691	-0.9%

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

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

$2,500

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEPHEN M SALERNO	PRESIDENT	1.00	Officer	$2,500	$0	$2,500

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	$68,743	$69,680	$154,261	$-937
2023	$34,709	$46,400	$155,198	$-11,691
2022	$32,422	$41,521	$166,889	$-9,099
2021	$2,402	No data	No data	No data
2020	$76,470	$6,592	$1,327,571	$69,878
2019	$46,809	$10,677	$1,257,693	$36,132
2018	$197,861	$8,509	$1,221,561	$189,352

LAW ENFORCEMENT ALLIANCE OF SOUTHINGTON VEBA TRUST FUND